Marty uses the visual inspection method for preparing the statement of cash flows. Selected information for Marty Company during 2016 follows: Jan. 1 Dec. 31
Accounts payable $45 $52
Accounts receivable 60 68
Common stock 400 412
Patent amortization 30 27
Inventory 70 60

If Marty reported net income of $320, what was the net cash provided by operating activities for 2016?

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.