Cash flows from operating activities for both the indirect and direct methods are presented for Electronic Transformations. Cash Flows from Operating Activities (Indirect method) Net income $ 35,700 Adjustments to reconcile net income to net cash flows from operating activities: Depreciation expense 8,700 Increase in accounts receivable (12,700 ) Increase in accounts payable 7,700 Increase in income tax payable 5,700 Net cash flows from operating activities $ 45,100 Cash Flows from Operating Activities (Direct method) Cash received from customers $ 81,500 Cash paid for operating expenses (25,700 ) Cash paid for income taxes (10,700 ) Net cash flows from operating activities $ 45,100 Required: Complete the following income statement for Electronic Transformations. Assume all accounts payable are to suppliers.
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Business, 22.06.2019 02:10
The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u.s. banks that cannot borrow elsewhere governments in developing countries during currency crises u.s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u.s. economy (the money supply), the federal reserve will government bonds.
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Business, 22.06.2019 20:00
Question 6 of 102 pointswhich situation shows a constant rate of change? oa. the number of tickets sold compared with the number of minutesbefore a football gameob. the height of a bird over timeoc. the cost of a bunch of grapes compared with its weightod. the outside temperature compared with the time of day
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Business, 22.06.2019 20:40
Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.
Answers: 3
Cash flows from operating activities for both the indirect and direct methods are presented for Elec...
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