Melcher Arts, which owns an art gallery, reported net income of $380,000. In addition, the following information was taken from its general ledger: beginning balances in Accounts Receivable and Accounts Payable were $58,000 and $52,000, respectively; ending balances in these accounts were $52,000 and$48,000, respectively. Dressers net cash flows from operating activities would be:

Beatles Enterprises is in the process of preparing a Cash Slow Statement. Beatles analyzed the financial statements and additional information. Based on the statements and the additional information which transaction below would notcreate a cash flow?

Whataburger Franchise wants to improve its Debt to Equity ratio, so it decides to retire a $24 million bond issue. At the time of retirement, the market value of the bonds was $33 million and the carrying value of the bonds is $32 million. Which of the following would be included in the journal entry to record the retirement of the bonds?

Zacks House Builders issues bonds to raise capital. The last $100,000 of bonds were issued at a discount. How is the interest payment, interest expense and carrying value shown on the bond amortization schedule?

On each interest payment date, Company XYZ mails a check to the bondholders for Interest. How is this cash payment calculated?