What is the cash used or provided by operating activities

Assignment Help Accounting Basics
Reference no: EM131735763

Question - Company had the following information regarding their accounts. Increase in accounts receivable of $10,200; decrease in supplies of $3,100; gains on sale of equipment of $7,400; losses on sales of equipment of $630; net income of $63,150; increase in accounts payable of $3,500, and depreciation of $12,340. What is the cash used or provided by operating activities (if used, the number should be negative; if provided by, the number should be positive)?

Reference no: EM131735763

Questions Cloud

Dtermine which population means differ from intervals : Use Fisher's LSD test to determine which population means differ at 95% confidence intervals.
Compare various user interfaces within an os : 1. Describe and compare various user interfaces within an OS. 2. Differentiate between the logical and the physical views of the file system.
Commended for achieving favorable overhead spending : Should managers be commended for achieving favorable overhead spending, efficiency, and prodouction volume variances?
Describe different techniques to produce and manage backups : Why it is a challenge to achieve Separation of Duty if all steps take place on a single computer system?
What is the cash used or provided by operating activities : Company had the following information regarding their accounts. What is the cash used or provided by operating activities
What is the purpose of this topic and who is your audience : What is the purpose of this topic, Who is your audience, What should your tone be (formal, informal) and why
Remote access to a networked computer or device : When you are looking at remote access to a networked computer or device, what considerations and issues should be evaluated?
Create the following arrays and matrices : Write down the commands to create the following arrays and matrices.
What kind of business-level strategy should it pursue : What business-level strategies are these supermarkets currently pursuing? What kind of business-level strategy should it pursue?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Complete the general and special journals

Complete the general and Special Journals to record all transactions, balance day adjustments, closing and reversing entries where required and Inventory cards.

  Construct the gross material requirement plan

Construct a product structure. Identify all levels, parents, and components. Construct the gross material requirement plan.

  Compute the bond current yield

The bond can be called in 9 years. The call premium is one year of coupon payments. Compute the bond's current yield

  How would you analyze the business

What methods could be used to ensure continuous process improvement in the organization from a production and operations management perspective?

  Head of international marketing

You're the CFO of the Kraknee Roller Skate Company, which sells roller skates worldwide and also builds and operates roller rinks. Some time ago Archie Speedo, the head of international marketing, proposed selling skates in Russia.

  Journal entry summarizing the payment

Prepare a journal entry summarizing the payment of Bob's total salary during the year. Prepare a journal entry summarizing the employer payroll tax expense on Bob's salary for the year.

  Suppose that apex healthservices has four difference

suppose that apex healthservices has four difference projects.these projects are listed below along with the amount of

  Compare and contrast job order-process

Compare and contrast job order, process, and activity-based costing. Be sure to provide situations in which each type of costing may be more useful than others.

  Compute the missing amounts

Presented below is financial information for two different companies.

  If machine 2 was purchased on april 1 instead of july 1

in recent years farr company has purchased three machines. because of frequent employee turnover in the accounting

  Discuss the major impact to users of accounting statements

Discuss the advantages and disadvantages of at least two (2) forms of business structures. Make a recommendation regarding the structure your friend or relative should use based on this particular venture.

  Prepare the journal entries

O'Brien Vineyards recorded the following transactions for the month just completed. Please prepare the journal entries

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