What was the company cash flow from operating activities

Assignment Help Financial Accounting
Reference no: EM131162268

A company has Net Income of $20, which included $4 of depreciation expense. There were no other noncash expenses in Net Income and there were no gains or losses. Accounts receivable was $40 at the beginning of the year and $25 at the end of the year. Accounts Payable was $25 at the beginning of the year and $15 at the end of the year. Inventory was $22 at the beginning of the year and $27 at the end of the year. All other balance sheet accounts were unchanged over the year. What was the company's Cash Flow from Operating Activities?

Reference no: EM131162268

Questions Cloud

How many nuclei are in the beam : The beam is directed onto a 0.190-kg tumor, which receives a biologically equivalent dose of 269 rem. How many nuclei are in the beam?
Identify relevant criteria across industries and cultures : Identify relevant criteria and discuss your reasons for including them. Describe why they are relevant across industries, cultures, and geographic locations.
Problem regarding the radioactive source : The tumor receives an absorbed dose of 13 Gy in a time of 960 s. Each disintegration of the radioactive source produces a particle that enters the tumor and delivers an energy of 0.44 MeV. What is the activityN/t(in Bq) of the radioactive source?
Calculate the price elasticity of demand : Management of Mr. Taco has completed a study of weekly demand for its “old fashioned tacos” in 23 regional markets. Estimate the weekly sales for the typical Mr. Taco outlet. Calculate the price elasticity of demand for Mr. Taco’s “old fashioned taco..
What was the company cash flow from operating activities : A company has Net Income of $20, which included $4 of depreciation expense. There were no other noncash expenses in Net Income and there were no gains or losses. What was the company's Cash Flow from Operating Activities
Find the biologically equivalent dose : A beam of particles is directed at a0.013-kg tumor. There are1.8 × 1010particles per second reaching the tumor, and the energy of each particle is4.2 MeV. The RBE for the radiation is 14. Find the biologically equivalent dose given to the tumor in..
What would be the laplace strategy solution for the site : What would be the Laplace strategy solution for the site? -  What is the minimax regret solution to this problem?
Determine the demand equation for the paint : In a local hardware store the price of the store brand indoor house paint is $18 per gallon. The daily volume of sales is 30 gallons. The price elasticity of demand for the paint is estimated to be -3. Determine the demand equation for the paint assu..
What is the jet acceleration : A jumbo jet has a mass of 100,000 kg. The thrust for each of its four engines is 50,000 N. What is the jet's acceleration in meters per second per second when taking off?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Illustrate what was the actual overhead cost

If the predetermined overhead rate was $6 per machine hour, overhead was underapplied by $40,000, and actual machine hours were 70,000; illustrate what was the actual overhead cost?

  Your companys accounts payable clerk is asked to fill in

your companys accounts payable clerk is asked to fill in for your accounts receivable clerk. many things look

  Net cash flow for the last year of the computers useful life

Avis Corporation currently records $4,000 of depreciation each year on the computer that it uses for its major data processing needs. The computer currently has one more year of useful life left and it will have a salvage value of zero at the end of ..

  On december 21 2012 zurich company provided you with the

on december 21 2012 zurich company provided you with the following information regarding its trading

  Proper cash flow amount to use as the initial investment

Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land 6 years ago for $8 million in anticipation of using it as a warehouse and distribution site, but the company ..

  Per-unit conversion cost

Exco Inc. had a per-unit conversion cost of $4.00 during April and incurred direct materials cost of $100,000, direct labor costs of $75,000, and overhead costs of $45,000 during the month. How many units did they manufacture during the month?

  Identify and describe accountants exposure to lawsuits

Identify and describe accountants' exposure to lawsuits and loss judgments. Describe the SEC activities and literature involved in the regulation of accounting. Specify the characteristics of accountants' liability under common law, and cite a specif..

  What account should be debited and credited in june and july

Payment was received the following July. Was the revenue earned in June or July? What accounts should be debited and credited in June and July?

  How would you depreciate the new stadium

How would you depreciate the new stadium and develop a depreciation schedule for your chosen method and explain your rationale. Assume a useful life of 40 years and no salvage value.

  Prepare stockholders equity section of villas balance sheet

Prepare the stockholders' equity section of Villa's balance sheet as of December 31, 2014. Assume net income for 2014 is $108,000.

  Was the controllers remark correct-why

A new assistant controller was heard saying, "All the assembly workers in this plant are covered by union contracts, so there should be no labor variances." Was the controller's remark correct? Why? Would the use of standards be appropriate in a nonm..

  Case study-spring water space company

The fourth component of the COSO ERM framework is risk assessment. What risk(s) does Spring Water face? Identify control strengths in Spring Water's sales/cash receipts system.

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