subject
Business, 22.12.2021 01:00 richlovedarkwa5

Portions of the financial statements for Clear Transmissions Company are provided below. CLEAR TRANSMISSIONS COMPANY Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales $ 2,460 Cost of goods sold 984 Gross margin 1,476 Salaries expense $ 448 Depreciation expense 275 Amortization expense 48 Interest expense 116 Loss on sale of cash equivalents 25 912 Income before taxes 564 Income tax expense 282 Net Income $ 282 CLEAR TRANSMISSIONS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2021 and 2020 ($ in thousands) Year 2021 2020 Change Cash $ 150 $ 138 $ 12 Accounts receivable 269 289 (20 ) Inventory 469 488 (19 ) Accounts payable 223 210 13 Salaries payable 111 124 (13 ) Interest payable 69 58 11 Income tax payable 60 48 12 Required: Prepare the cash flows from operating activities section of the statement of cash flows for Clear Transmissions Company using the direct method. (Enter your answers in thousands (i. e., 5,000 should be entered as 5). Amounts to be deducted should be indicated with a minus sign.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 02:30
Question 1 which of the following tasks use your roommate as a resource? choose all answers which apply. take order wash the mixer’s bowl and mix the dough spoon cookies onto the tray unload the cookies from the oven pack the cookies 1 points question 2 which of the following tasks use the tray(s) as a resource? choose all answers which apply. take order wash the mixer’s bowl and mix the dough bake the cookies cool the cookies accept payment 1 points question 3 determine the task time for the following tasks. fill integer numbers into the blank (e.g., 5 rather than 5.0) wash and mixing the dough: minute(s)/order spoon cookies onto the tray: minute(s)/order set up timer: minute(s)/order bake: minute(s)/order cool the cookies: minute(s)/order pack the cookies: minute(s)/order accept payment: minute(s)/order 2 points question 4 q4: determine the cycle time for the following resources. fill integer numbers into the blank (e.g., 5 rather than 5.0) kristen (you): minute(s) roommate: minute(s) oven: minute(s) 2 points question 5 what is the capacity rate (in orders/hour) of the roommate? 1 points question 6 what is the capacity rate (in orders/hour) of the whole process? 2 points question 7 how long (in minutes) it takes to process the first order?
Answers: 3
question
Business, 22.06.2019 11:20
You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?
Answers: 1
question
Business, 22.06.2019 11:30
1.     regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c   incorrect
Answers: 2
question
Business, 22.06.2019 15:20
Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
Answers: 3
You know the right answer?
Portions of the financial statements for Clear Transmissions Company are provided below. CLEAR TRANS...
Questions
question
Mathematics, 26.04.2021 21:00
question
English, 26.04.2021 21:00
question
Mathematics, 26.04.2021 21:00
Questions on the website: 13722361