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the accounting records of johnson pharmaceuticals, inc reveal the following The accounting records of Johnson Pharmaceuticals, Inc., reveal the following: Click the icon to view
the accounting records of johnson pharmaceuticals, inc reveal the following
The accounting records of Johnson Pharmaceuticals, Inc., reveal the following: Click the icon to view the accounting records.) Compute cash flows from operating activities by the direct method. Also evaluate Johnson's operating cash fow. Give the reason for your evaluation Start by completing the cash flows from operating activities. (Use parentheses or a minus sign for numbers to be subtracted for payments, and for a net decrease in cash.) Cash flows from operating activities: Recept: Totalcash recipes Payments Total cash payments Net cash provided by used for operating activities Evaluate Johnson's operating cash fow. Give the reason for your evaluation The operating cash flow in This is shown by the Choose from any list or enter any number in the input fields and then continue to the next question A Accounting records Payment of salaries 50,000 18,000 and wages Net income ...........$ 38,000 Payment of income tax ........ 18,000 Collection of dividend .........$ Depreciation expense Decrease in current revenue liabilities Decrease in current assets 11,000 12,000 50,000 7,000 29,000 other than cash 22,000 Payment of interest Cash sales 24,000 Gain on sale of land ........... 13,000 Acquisition of land with cash.... Payment of accounts 80,000 payable .............. Payment of dividends Collection of accounts receivable 50,000 Print Done
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