subject
Business, 17.07.2019 16:10 martina28

The net income reported on the income statement for the current year was $250,000. depreciation recorded on fixed assets and amortization of patents for the year were $40,000 and $9,000, respectively. balances of current asset and current liability accounts at the end and at the beginning of the year are as follows: end beginning cash $ 50,000 $ 60,000 accounts receivable 112,000 108,000 inventories 105,000 93,000 prepaid expenses 4,500 6,500 accounts payable (merchandise creditors) 75,000 89,000 what is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:50
Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.
Answers: 2
question
Business, 22.06.2019 11:40
Select the correct answer brian wants to add a chart to his dtp project. what is the best way he can do this? a draw the chart using the dtp program draw option b create the chart in a spreadsheet then import it c. use the dtp chart wizard to create the chart within the dtp d. create an image of the chart in an image editor then import the image e use html code to create a chart within the dtp program
Answers: 3
question
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
question
Business, 22.06.2019 19:30
At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation
Answers: 1
You know the right answer?
The net income reported on the income statement for the current year was $250,000. depreciation reco...
Questions
question
Mathematics, 30.01.2020 11:58
Questions on the website: 13722367