subject
Business, 22.04.2020 01:06 manny2822

Amazing Industries began 2018 with accounts receivable, inventory, and prepaid expenses totaling $ 48 comma 000 and its total current liabilities totaling $ 37 comma 000. At the end of the year, these same current assets totaled $ 49 comma 000, while its total current liabilities totaled $ 42 comma 000. Net income for the year was $ 89 comma 000. Included in net income were a $ 4 comma 000 gain on the sale of land and depreciation expense of $ 7 comma 000. Show how Amazing should report cash flows from operating activities for 2018. The company uses the indirect method. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 15:30
Should the government be downsized? which functions should be cut back? which ones should be expanded?
Answers: 2
question
Business, 21.06.2019 17:00
The typical consumer's food basket in the base year 2015 is as follows: 30 chickens at $4 each 10 hams at $5 each 10 steaks at $8 each a chicken feed shortage causes the price of chickens to rise to $5.00 each in the year 2016. hams rise to $7.00 each, and the price of steaks is unchanged. a. calculate the change in the "cost-of-eating" index between 2015 and 2016. year cost of the basket 2015 $ 2016 $ instructions: enter your responses rounded to one decimal place. the official cost-of-eating index has by %. b. suppose that consumers are completely indifferent between two chickens and one ham. for this example, how large is the substitution bias in the official "cost-of-eating" index? the in the cost-of-eating index is %. the of inflation in the cost of eating reflects substitution bias.
Answers: 3
question
Business, 21.06.2019 22:50
The winston company estimates that the factory overhead for the following year will be $1,250,000. the company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 50,000 hours. the total machine hours for the year were 54,300. the actual factory overhead for the year were $1,375,000. determine the over- or underapplied amount for the year.
Answers: 1
question
Business, 22.06.2019 08:10
The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to
Answers: 3
You know the right answer?
Amazing Industries began 2018 with accounts receivable, inventory, and prepaid expenses totaling $ 4...
Questions
question
Mathematics, 20.05.2020 20:57
question
Mathematics, 20.05.2020 20:57
question
Mathematics, 20.05.2020 20:57
question
Mathematics, 20.05.2020 20:57
Questions on the website: 13722367