What is net cash provided by operations

Assignment Help Financial Accounting
Reference no: EM13134456

Net income is $132,000, accounts payable increased $10,000 during the year, inventory decreased $6,000 during the year, and accounts receivable increased $12,000 during the year. Under the indirect method, what is net cash provided by operations?

Reference no: EM13134456

Questions Cloud

Find the probability of getting the deal : It is estimated that the competitor will submit a bid for the contract with probability 0.40. What is the probability of getting the deal?
Explain study guide for naming of organic compounds : This is a study guide for naming of organic compounds, specifically alkanes and substituted alkanes. Thirty (30) questions and answers are also included. The study guide shows you
Contracts for the international sale of goods : What is the Conventions on Contracts for the International Sale of Goods (CSIG)? What is the Uniform Commercial Code (UCC)? In what ways is the coverage of the CSIG and the UCC similar or different? Explain your answer in 200 words
Most pressing nursing home issues in your area : interview a staff member at three different nursing homes in your local area. According to them, what are the most pressing nursing home issues in your area?
What is net cash provided by operations : Net income is $132,000, accounts payable increased $10,000 during the year, inventory decreased $6,000 during the year, and accounts receivable increased $12,000 during the year. Under the indirect method, what is net cash provided by operations?
Test learners : Mr Rushton claimed that the three men conspired to -dupe- the auditor in relation to the transfer of risk. The auditor, he said, would not have signed FAI's 1998 accounts if he had known of the true nature of the -reinsurance- arrangement.
Find probability that first selected drinker qualifies : What is the probability that:  The first randomly selected drinker qualifies? Three sports drink users will have to be interviewed to find the first Gatorade drinker?
What is the molarity of the solution : A beaker contains 100 grams of 0.50 M NaCl. If you transfer 50 grams of the solution to anouther beaker, what is the molarity of the solution remaining in the first beaker?
Do pa and la have dominant strategies : Draw up the payoffmatrix for game and do PA and LA have dominant strategies? Explain your answer.iii. What is the Nash equilibrium? Explain your answer.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Questions on construction costing and accounting

Questions on construction costing and accounting - complete the project. Using the percentage-of-completion method, Indiana

  What is the break-even volume in units

What is the break-even volume in units? In sales dollars and Calculation of Break even volume in units

  Accrual accounting and cash flow analysis

Find a journal or news article that explains why both accrual accounting and cash flow analysis are required to understand a company? Briefly describe the article. What would you have added to improve the analysis?

  Determine the net present value of the project

Determine the net present value of the project

  How would accept order affect maui juda''s operating income

How would accept the order affect Maui Juda's operating income?  In addition to the special order's effect, what other (long-term, qualitative) factors should Maui Juda's managers consider in deciding whether to accept the order?

  Evaluate the company vulnerability to current

Evaluate the company’s vulnerability to current financial threats such as a recession, higher interest rates, and global competition.

  Draw a conclusion about the sales volume variance

If static budget variance is unfavorable and the flexible budget variance is unfavorable, will we draw a conclusion about the sales volume variance?

  Evaluate inventory costing method

Gladstone Company tracks the number of units purchased and sold all through each accounting period but applies its inventory costing method at the end of each period, as if it uses a periodic inventory system.

  Compute book value of the building at end

Compute the book value of the building at the end of the second year. (Omit the "$" sign in your response.)

  Prepare the lower portion of the 2013 income statement

Prepare the lower portion of the 2013 income statement beginning with pretax income from continuing operations. Ignore EPS disclosures.

  Determine the annual interest rate on note

What is the annual interest rate on Note A and Collections of accounts receivable that previously have been written off

  Business law and tax using proper writing mechanics

Write down clearly and concisely about business law and tax using proper writing mechanics

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd