Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUOLIUI 24 0/3 pts Inventories Balance on 30th June 2016: $5,000 Inventories Balance on 30th June 2017: $3,000 Accounts payables on 30th June 2016: $12,000

image text in transcribed
image text in transcribed
image text in transcribed
QUOLIUI 24 0/3 pts Inventories Balance on 30th June 2016: $5,000 Inventories Balance on 30th June 2017: $3,000 Accounts payables on 30th June 2016: $12,000 Accounts payables on 30th June 2017: $15,000 Cost of goods sold for the year ended 30th June 2017: $50,000 What is the cash payment to suppliers of inventory during the year 2017? $45.000 $49.000 $55.000 $51.000 3 pes If the total Cash Operating Expense incurred during 2015 was $10,000 and Balances for all prepayments are: $6000 in year 2015 and $8000 in year 2014 Balances for all accurals/payables are: $ 5,000 in year 2015 and $ $3,000 in year 2014. What is total Cash paid for Operating expenses in year 2015? $10,000 $14,000 $6000 $12,000 Unanswered Question 26 0/3 pts Below is details of Cashflows for Linh Suit Ltd for year 2015-2016 Beginning Cash Balance : $100,000 Ending Cash Balance : $600,000 Total Investing Cashflows : $200,000 Total Financing Cashflows : $150,000 What is total Operating Cashflows? $1,050,000 $150.000 $250,000 Honestly, I do not know. This is too hard

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

Step: 3

blur-text-image

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

Understanding Financial Accounting A Guide For Non-specialists

Authors: Jimmy Winfield, Mark Graham, Taryn Miller

1st Edition

0198847270, 9780198847274

More Books

Students also viewed these Accounting questions

Question

useful in this situation? Why or why not?

Answered: 1 week ago