subject
Business, 16.12.2020 17:20 xaviuzc

Allen Company's 2019 income statement reported total revenues, $810,000 and total expenses (including $36,000 depreciation) of $680,000. The company’s accounting records showed the following: accounts receivable—beginning balance, $46,000 and ending balance, $36,400; accounts payable—beginning balance, $18,000 and ending balance, $24,400. Therefore, based only on this information, how much was the 2019 net cash provided by operating activities?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 15:10
In which of the following situations would the price of a good be most likely to increase? a. a breakthrough in productive technology enables a company to increase its output. b. an increase in production costs results from a rise in wages. c. there's a sudden increase in the number of companies competing to sell the good. d. a drop in demand happens too quickly for producers to decrease production to keep up.
Answers: 1
question
Business, 22.06.2019 20:50
Swathmore clothing corporation grants its customers 30 days' credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2012, accounts receivable were dollar 586.000 and the allowance account had a credit balance of dollar 50,000. accounts receivable activity for 2013 was as follows: the company's controller prepared the following aging summary of year-end accounts receivable: prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. (if no entry is required for a particular event, select "no journal entry required" in the first account field.) prepare the necessary year-end adjusting entry for bad debt expense. (if no entry is required for an event, select "no journal entry required" in the first account field.) what is total bad debt expense for 2013? calculate the amount of accounts receivable that would appear in the 2013 balance sheet?
Answers: 2
question
Business, 23.06.2019 00:10
You are to receive five gold coins from your great uncle as an incentive to study hard. the coins were originally purchased in 1982. your great uncle will deliver the coins the week after finals (assuming your grades are "acceptable"). the amount your great uncle paid for the coins is a(n): indirect cost.overhead cost.opportunity cost.sunk cost.
Answers: 1
question
Business, 23.06.2019 06:00
Before setting your prices, it's wise to a. subtract your profit margin from your costs. b. research industry standards. c. memorize the formula for cost plus. d. ignore your competitors' prices.
Answers: 1
You know the right answer?
Allen Company's 2019 income statement reported total revenues, $810,000 and total expenses (includin...
Questions
question
Social Studies, 28.10.2020 20:00
question
Mathematics, 28.10.2020 20:00
question
History, 28.10.2020 20:00
question
Mathematics, 28.10.2020 20:00
Questions on the website: 13722367