Tritan Company is preparing its statement of cash flows using the indirect method. Refer to the following portion of the comparative balance sheet Tritan Company Comparative Balance Sheet December 31, 2017 and 2016 2016 2015 Increase/Decrease) Accounts Payable $9.000 $8,000 $1,000 Accrued Liabilities 4,000 1,200 2,800 Long-term Notes Payable 55,000 67,000 $(12,000) Total Liabilities $68,000 $76,200 $(8,200) Additional information provided by the company includes the following: O A. $12,000 OB. $(12,000) OC. $68,000 OD. $(68,000) Click to select your answer. MacBook Air Manning Tint, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet: Manning Tint, Inc. Comparative Balance Sheet December 31, 2017 and 2016 2016 2015 Increase/Decrease) Cash $22,000 $24,000 $(2,000) Accounts Receivable 32,000 37,000 (5,000) Merchandise Inventory 52.000 25,000 27,000 Plant and Equipment 122,000 92,000 30,000 Accumulated Depreciation - Plant and Equipment (47.000) (43,000) (4,000) Total Assets S11 non $135 on 846 O A. $15,000 OB. $(161,000) O c. $161,000 OD. $(15,000) Click to select your answer. MacBook Air $22.000 32,000 52,000 122,000 $24.000 37,000 25,000 92,000 ${2,000) (5,000) 27,000 30,000 Cash Accounts Receivable Merchandise Inventory Plant and Equipment Accumulated Depreciation - Plant and Equipment Total Assets Additional information provided by the company includes the following: 1. Equipment was purchased for $65,000. 2. Equipment with a cost of $35,000 and accumulated depreciation of $7,400 was sold for $50,000 What was the amount of net cash provided by (used for investing activities? (47,000) (43,000) $181,000 $135.000 (4,000) $46,000 O A. $15,000 OB. $(161,000) OC. $161,000 OD. $(15,000) Click to select your answer MacBook Air Tritan Company is preparing its statement of cash flows using the indirect method. Refer to the following portion of the comparative balance sheet Tritan Company Comparative Balance Sheet December 31, 2017 and 2016 2016 2015 Increase/Decrease) Accounts Payable $9.000 $8,000 $1,000 Accrued Liabilities 4,000 1,200 2,800 Long-term Notes Payable 55,000 67,000 $(12,000) Total Liabilities $68,000 $76,200 $(8,200) Additional information provided by the company includes the following: O A. $12,000 OB. $(12,000) OC. $68,000 OD. $(68,000) Click to select your answer. MacBook Air Manning Tint, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet: Manning Tint, Inc. Comparative Balance Sheet December 31, 2017 and 2016 2016 2015 Increase/Decrease) Cash $22,000 $24,000 $(2,000) Accounts Receivable 32,000 37,000 (5,000) Merchandise Inventory 52.000 25,000 27,000 Plant and Equipment 122,000 92,000 30,000 Accumulated Depreciation - Plant and Equipment (47.000) (43,000) (4,000) Total Assets S11 non $135 on 846 O A. $15,000 OB. $(161,000) O c. $161,000 OD. $(15,000) Click to select your answer. MacBook Air $22.000 32,000 52,000 122,000 $24.000 37,000 25,000 92,000 ${2,000) (5,000) 27,000 30,000 Cash Accounts Receivable Merchandise Inventory Plant and Equipment Accumulated Depreciation - Plant and Equipment Total Assets Additional information provided by the company includes the following: 1. Equipment was purchased for $65,000. 2. Equipment with a cost of $35,000 and accumulated depreciation of $7,400 was sold for $50,000 What was the amount of net cash provided by (used for investing activities? (47,000) (43,000) $181,000 $135.000 (4,000) $46,000 O A. $15,000 OB. $(161,000) OC. $161,000 OD. $(15,000) Click to select your answer MacBook Air
