Alvez reports net income of $322,500 for the year ended December 31. It also reports $102,800 depreciation expense and a $11,050 loss on the sale of equipment. Its comparative balance sheet reveals a $44,400 increase in accounts receivable, a $11,250 decrease in prepaid expenses, a $16,950 increase in accounts payable, a $13,900 decrease in wages payable, a $82,700 increase in equipment, and a $110,500 decrease in notes payable. Calculate the net increase in cash for the year.

The net increase in the cash is $213,050

Explanation:

Cash-flow from Operating Activities

Net Income                                                           $322,500

Add: Depreciation                                                $102,800

Add: Loss on sale of equipment                         $11,050

Add: Decrease in prepaid Expenses                  $11,250

Add: Increase in Account Payable                      $16,950

Less: Increase in Account Receivable                $44,400

Less: Decrease in wages payable                       $13,900

Net Cash-flow from Operating activities A       $406,250

Cash-flow from Investing Activities

Less: Increase in equipment                                 $82,700

Net Cash-flow from Investing activities B

Cash-flow from Financing Activities

Less: Decrease in notes payable                          $110,500

Net Cash-flow from Financing activities C

Net Increase in Cash (A-B-C)                                 $213,050

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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