Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 28, 2024

During the last year of operations, thetas accounts receivable increased by $ 2 2 , 0 0 0 accounts paysble increased by 1 1 ,

During the last year of operations, thetas accounts receivable increased by $

22, 000

accounts paysble increased by

11, 000

and inventories decreased by

2, 200 .

Whatis the total impact of these changes on the difference between profits and cash flow.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Principles of Accounting

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

12th edition

978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985

More Books

Students also viewed these Accounting questions

Question

3. How did the company go about the process of downsizing in each of the two instances?

Answered: 1 week ago

Question

★★★★★

The Rhythm Shop is a large retailer of acoustic, electric, and bass guitars. An income statement for the companys acoustic guitar department for a recent quarter is presented below: The guitars sell,...

Answered: 1 week ago

Question

★★★★★

QUESTION 4 Ford Motor has a machine with an original cost of $1,000 and accumulated depreciation of $400. The machine was sold in 2018 for $800. Assuming this is Ford's only transaction of the year,...

Answered: 1 week ago

Question

★★★★★

The board of directors of Wayne Co. declared a cash dividend of $1.50 per share on 42,000 shares of common stock on July 15, 2020. The dividend is to be paid on August 15, 2020, to stockholders of...

Answered: 1 week ago

Question

★★★★★

Create a class diagram for classes that would need to be created for the driver licensing system use case described in the previous question. At minimum you should have at least 5 different classes....

Answered: 1 week ago

Question

★★★★★

The possibility of electrocution is a serious consideration when working near overhead power lines. What is the Clearance distances for overhead power lines? You may need to do some research to find...

Answered: 1 week ago

Question

★★★★★

What does it mean when experimental data does not support a hypothesis? What would be the subsequent steps of an experiment if the data does not support the experiment's hypothesis? Are hypotheses...

Answered: 1 week ago

Question

★★★★★

How do you envision the use of semi-private information for targeted marketing evolving over the next decade? What does the future hold?

Answered: 1 week ago

Question

★★★★★

Ershad is an 18-year-old boy who has just finished his SPM. Not wanting to waste time and to earn some money while waiting to enter college, Ershad went round the neighborhood looking for a part time...

Answered: 1 week ago

Question

★★★★★

How else might you want to evaluate or visualize financial sentiment?

Answered: 1 week ago

Question

★★★★★

Understand the use of visualizations as a tool in tax analytics.

Answered: 1 week ago

Question

★★★★★

If you look at the scatter plot for all NYSE companies, do word count and positive-negative ratio appear to be correlated? In other words, if a company has more to say, does that mean it is more...

Answered: 1 week ago

Previous Question Next Question