What was lower cases cash flow from operations

Assignment Help Accounting Basics
Reference no: EM131589483

Question - Statement of Cash Flows In 2008, Lower Case Productions had cash flows from investing activities of +$85,000 and cash flows from financing activities of +$93,000. The balance in the firm's cash account was $94,000 at the beginning of 2008 and $72,000 at the end of the year. What was Lower Case's cash flow from operations for 2008?

Reference no: EM131589483

Questions Cloud

Accelerate the depreciation on expensive : If a company just started and expects huge losses for the first 2 years, would it be advisable to accelerate the depreciation on expensive assets.
Analyze the psychological history or path : Describe the psychological, behavioral, environmental, and cognitive factors that you believe led to the offender's criminality.
Explain how these cases provide the foundation : explain how these cases provide the foundation for understanding the dimensional aspects of evidence
Determine the fundamental causes of social problems : Policy analysts should research the issues and determine the fundamental causes of social problems such as crime, poverty, or homelessness.
What was lower cases cash flow from operations : The balance in the firm's cash account was $94,000 at the beginning of 2008 and $72,000 at the end of the year. What was Lower Case's cash flow from operations
Compare and contrast what your expert practitioner : Compare and contrast what your expert practitioner had to say with relevant instructional material from this course
How can we predict the next financial crisis : The 2007-2008 financial crisis, you might think, was an unpredictable one-time crash. How can we predict the next financial crisis?
What is value of inventory listed on firms balance sheet : Liquidity Ratios Burt's TVs has current liabilities of $25.8 million. What is the value of inventory listed on the firm's balance sheet
Cross price elasticity of demand : Elasticity, explain the distinction between price, income and cross price elasticity of demand illustrate your answer with appropriate formulas.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare a detailed multi-step income statement

An inexperienced accountant prepared this condensed income statement for Simon Company, a retail firm that has been in business for a number of years. Prepare a detailed multi-step income statement

  Company having ethical executives

How do you know if the company you are investing in has ethical executives? And how do you know that those executives will continue to act in an ethical manner when "times get tough"?

  Management of better days ahead funds

What accounts do you see being affected as a result of Jacob Henson's actions? Which accounts do you think would experience a debit? Which accounts do you think would experience a credit? How would a negative bank balance be listed in a Trial Bala..

  What kind of mix of monetary and fiscal policies

What kind of mix of monetary and fiscal policies is needed to do this? How should we shift the IS and LM curves if we wanted to get a reduction in interest rates while holding output constant.

  What is the 2011 amt adjustment requiered as a result

what is the 2011 AMT adjustment requiered as a result of the sale of the assets?

  If the effect of the credit portion of an adjusting entry

if the effect of the credit portion of an adjusting entry is to increase the balance of a liability account which of

  Semiannual interest payment and amortization

Prepare the journal entry to record the first semiannual interest payment and amortization of any discount or premium assuming it uses the straight-line method.

  Discuss the at and t debt ratio

A utility company is supposed to be allowed to charge prices high enough to cover all costs, including its cost of capital.

  Prepare the journal entry to record the appropriate payment

Prepare the journal entry to record the appropriate payment if the entire invoice is paid on April 2, 2016.

  Why ethics and professional conduct are so important

Why behaving ethically in your graduate studies is critical to your goal to graduate and work in the accounting industry

  Write a program that will process a data set of information

write a program that will process a data set of information for the chicago blackhawks. the information in the file

  The company also collected accounts receivable of 53400 and

during 2011 lavina corporation had cash and credit sales of 94000 and 91000 respectively. the company also collected

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