Business, 15.11.2019 00:31 mahdy43

In its statement of cash flows issued for the year ending september 30, berne company reported a net cash inflow from operating activities of $123,000. the following adjustments were included in the supplementary schedule reconciling cash flow from operating activities with net income:
depreciation $38,000
increase in net accounts receivable 31,000
decrease in inventory 27,000
increase in accounts payable 48,000
increase in interest payable 12,000
net income is
a. $41,000
b. $29,000
c. $79,000
d. $217,000

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 14:40

Lohn corporation is expected to pay the following dividends over the next four years: $18, $14, $13, and $8.50. afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. if the required return on the stock is 14 percent, what is the current share price?

Answers: 2

Answer

Business, 21.06.2019 16:30

Eager, a tipped employee, reported to his employer that he had received $320 in tips during march. on the next payday, april 4, he was paid his regular salary of $250. the amount of oasdi taxes to withhold from eager’s pay is a. $19.84 b. $15.50 c. $35.34 d. $43.61 e. none of the above. 2 points

Answers: 1

Answer

Business, 21.06.2019 18:10

Nestlé, a global food company headquartered in switzerland, provides its customers in each country with highly differentiated and customized products that fit the tastes and preferences of the local population. nestlé invests considerable resources in developing and maintaining a strong brand name that complements its high-quality product offerings across the globe. which of the following best fits nestlé's global strategy? 1. international strategy2. multi-domestic strategy3. global standardization strategy4. transnational strategy

Answers: 2

Answer

Business, 22.06.2019 11:20

Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?

Answers: 2

Answer

You know the right answer?

In its statement of cash flows issued for the year ending september 30, berne company reported a net...

Questions