Business, 13.08.2019 01:20 stichgotrich849

The club, inc. (tci) presents its statement of cash flows using the indirect method. for the current year the company reported net income of $212,000. all sales are on account and the balance in the accounts receivable account increased by $14,000. the balance in the unearned revenue account decreased by $13,000. also, the company reported depreciation expense of $35,000 and a gain on the sale of equipment of $16,000. based on this information alone, the amount of the cash flow from operating activities shown on statement of cash flows is

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 17:20

The following extract was taken from the worksheet of special events bakers for the year 2019. special events bakers worksheet december 31, 2019 account names cash equipment accumulated depreciation minus− equipment unadjusted trial balance debit credit $ 6 comma 800$6,800 15 comma 20015,200 $ 8 comma 500$8,500 adjusted trial balance debit credit $ 6 comma 800$6,800 15 comma 20015,200 $ 10 comma 000$10,000 for the above information, determine the amount of depreciation expense for the equipment used in the business

Answers: 3

Answer

Business, 21.06.2019 18:40

Which of the following is most likely to lead to a general decrease in wages? a. elastic demand b. public goods c. an economic recovery d. immigration 2b2t

Answers: 1

Answer

Business, 21.06.2019 20:40

Which of the following actions is most likely to result in a decrease in the money supply? a. the discount rate on overnight loans is lowered. b. the government sells a new batch of treasury bonds. c. the federal reserve bank buys treasury bonds. d. the required reserve ratio for banks is decreased. 2b2t

Answers: 2

Answer

Business, 22.06.2019 00:50

cranium, inc., purchases term papers from an overseas supplier under a continuous review system. the average demand for a popular mode is 300 units a day with a standard deviation of 30 units a day. it costs $60 to process each order and there is a five−day lead−time. the holding cost for a paper is $0.25 per year and the company policy is to maintain a 98% service level. cranium operates 200 days per year.what is the reorder point r to satisfy a 98% cycleminus−service level? a. greater than 1,700 unitsb. greater than 1,600 units but less than or equal to 1,700 unitsc. greater than 1,500 units but less than or equal to 1,600 unitsd. less than or equal to 1,500 units

Answers: 1

Answer

You know the right answer?

The club, inc. (tci) presents its statement of cash flows using the indirect method. for the current...

Questions