subject
Business, 07.10.2020 23:01 twistedhyperboles

Garret Company has provided the following selected information for the year ended December 31, 2016: Cash collected from customers was $790,000. Cash received from stockholders in exchange for common stock totaled $90,000. Cash paid to suppliers was $380,000. Cash paid to employees was $220,000. Cash to stockholders for dividends was $54,000. Cash received from sale of a building was $300,000. Cash paid for store rent was $40,000. Cash received for interest and dividends was $6,000. Cash paid for income taxes was $45,000. Based on the selected information provided, how much was Garret's cash flow from operating activities

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 08:00
Lavage rapide is a canadian company that owns and operates a large automatic car wash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.70 electricity $ 1,400 $ 0.07 maintenance $ 0.15 wages and salaries $ 4,900 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,400 $ 0.03 for example, electricity costs are $1,400 per month plus $0.07 per car washed. the company expects to wash 8,000 cars in august and to collect an average of $6.50 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,100 revenue $ 54,100 expenses: cleaning supplies 6,100 electricity 1,930 maintenance 1,440 wages and salaries 7,660 depreciation 8,300 rent 2,100 administrative expenses 1,540 total expense 29,070 net operating income $ 25,030 required: calculate the company's revenue and spending variances for august.
Answers: 3
question
Business, 22.06.2019 20:20
As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage
Answers: 2
question
Business, 23.06.2019 00:00
Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was it worth? why?
Answers: 3
question
Business, 23.06.2019 00:30
Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?
Answers: 3
You know the right answer?
Garret Company has provided the following selected information for the year ended December 31, 2016:...
Questions
question
Mathematics, 01.07.2019 13:20
question
Mathematics, 01.07.2019 13:20
question
Mathematics, 01.07.2019 13:20
question
English, 01.07.2019 13:20
Questions on the website: 13722363