subject
Business, 17.12.2019 06:31 moeshawashingto1

Pizza international, inc., reported the following information (in thousands): operating activities net income $ 610 depreciation 33,380 increase in receivables 185 decrease in inventory 673 increase in prepaid expenses 679 decrease in accounts payable 8,735 increase in accrued liabilities 734 decrease in income taxes payable 2,751 payments on notes payable 12,706 cash paid for equipment 29,088 the following summarized income statement for pizza international, inc. (in thousands): revenues $ 145,051 cost of sales 46,250 gross profit 98,801 salary and wages expense 56,910 depreciation 33,380 office expenses 7,796 net income before income tax expense 715 income tax expense 105 net income $ 610 required: based on this information, compute cash flow from operating activities using the direct method. assume prepaid expenses and accrued liabilities relate to office expenses. what was the primary reason that pizza international was able to report large positive cash flow from operations despite nearly having a net loss

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:00
Navel county choppers, inc., is experiencing rapid growth. the company expects dividends to grow at 19 percent per year for the next 8 years before leveling off at 5 percent into perpetuity. the required return on the company’s stock is 10 percent. if the dividend per share just paid was $1.52, what is the stock price?
Answers: 2
question
Business, 22.06.2019 07:50
In december of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. the contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. until february 2017, the supplier provided processed grain which could easily be used in your manufacturing process. however, no longer wanting to absorb the cost of having the grain processed, the supplier began delivering whole grain. the supplier is arguing that the contract does not specify the type of grain that would be supplied and that it has not breached the contract. your company is arguing that the supplier has an onsite processing plant and processed grain was implicit to the terms of the contract. over the remaining term of the contract, reshipping and having the grain processed would cost your company approximately $10,000,000, opposed to a cost of around $1,000,000 to the supplier. after speaking with in-house counsel, it was estimated that litigation would cost the company several million dollars and last for years. weighing the costs of litigation, along with possible ambiguity in the contract, what are three options you could take to resolve the dispute? which would be the best option for your business and why?
Answers: 2
question
Business, 22.06.2019 08:00
How do communism and socialism differ in terms of the role that government plays in the economy ?
Answers: 1
question
Business, 22.06.2019 08:30
Match the items with the actions necessary to reconcile the bank statement.(there's not just one answer)1. interest credited in bank account2. fee charged by bank for returned check3. checks issued but not deposited4. deposits yet to be crediteda. add to bank statementb. deduct from bank statementc. add to personal statementd. deduct from personal statement
Answers: 2
You know the right answer?
Pizza international, inc., reported the following information (in thousands): operating activities...
Questions
question
Social Studies, 03.07.2021 01:00
question
Mathematics, 03.07.2021 01:00
question
Mathematics, 03.07.2021 01:00
Questions on the website: 13722366