Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3d) a,b, and c are anwsered already just need d to be anwsered. Will leave a like for correct anwser thank you. Use the following

3d) a,b, and c are anwsered already just need d to be anwsered. Will leave a like for correct anwser thank you. image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Use the following information to perform the calculations below (using the indirect method), $610,000 $111.000 92,000 429.200 Net income Depreciation expense Beginning accounts receivable Ending accounts receivable Beginning inventory Ending inventory Beginning prepaid insurance 430,000 Beginning accounts payable Ending accounts payable Purchase of long-term assets Issuance of long-term debt Issuance of stock for cash Issuance of stock for long-term assets Purchase of treasury stock 152,000 778,000 283,000 170,000 106,000 510,000 563.000 40.100 61,500 Ending prepaid insurance 46,600 Sale of long-term investment at cost 54,000 (a) Your answer has been saved. See score details after the due date. Calculate the amount of cash flows from operating activities. (Show amount that decrease cash flow with either a signe.. -15,000 or in parenthesis e.3. (15,000).) Cash flows from operating activities $ 682.700 Attempts: 1 of 1 used (b) Your answer has been saved. See score details after the due date Calculate the amount of cash flows from investing activities, (Show amount that decrease cash flow with either a signes. -15,000 or in parenthesis es. (15,000).) Cash flows from investing activities 72.000 Attempts: 1 of 1 used (c) Your answer has been saved, See score details after the due date. Calculate the amount of cash flows from financing activities. (Show amount that decrease cash flow with either o - signe.s. -15,000 or in parenthesis es (15,000).) Cash flows from financing activities $ 391500 Attempts: 1 of 1 used (d) Calculate the net change in cash Net in cash $ Save for later Attempts: 0 of 1 used Submit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information Systems The Crossroads Of Accounting And IT

Authors: Donna Ulmer, Donna Kay, Ali Olia

1st Edition

0132132524, 9780132132527

More Books

Students also viewed these Accounting questions