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U Question 36 5 pts nfo below, what is the net cash flow for Fox's 2020 SCFS ing activities? Income BS Labs BS Assets 12/31/2012/31/19

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U Question 36 5 pts nfo below, what is the net cash flow for Fox's 2020 SCFS ing activities? Income BS Labs BS Assets 12/31/2012/31/19 12/31/2012/31/19 Stmt & SE $ Accts $900.000 Cash $ 12,000 $ 12.000 3 80,000 14.000 Payable: Taxes (350,000) Accts Rec 124.000 102.000 8.000 12.000 Payable: Divs 16.000 20.000 120,000 16,000 8.000 2,000 $550,000 AFS Secs: 70,000 36,000 Payable: Wages (240,000) Inventory: 80,000 120,000 Payable: 5.000 Prepaid Interest 10,000 8,000 Rent: Payable: Notes 3,000 Land: 250,000 180,000 Payable: Common (6,000) Equipment: 180.000 260,000 Stock Accum Additional $312.000 (70.000) (50,000) Depr: PIC: Retained (80,000) Patents: 94.000 100.000 Earnings: 120,000 138.000 16,000 15,000 160,000 160,000 147.000 400,000 350.000 888 F4 A $ 4 % 5 6 & 7 8 0 R T Y C O F G H J V B N M Ecomcourses/5756/quizzes/secured lockdown Digital Systems temple email Desord.o.com Class ACT 1531 JL Payable: Common (6.000) Equipment 180.000 260,000 16.000 15.000 Stock Accum Additional $312.000 170.000) (50,000) 160,000 147.000 Depr: PIC Retained 180,000) Patents: 94.000 100.000 400,000 350,000 Earnings: $232,000 Totals: $750,000 $770,000 Total: $750,000 $770,000 1) The only long-term asset sold in 2020 is Equipment $80,000 cost & 30% depreciated when sold. 2) All Depreciation & Amortization Expenses are d in Operating Expense (Op.Exp.) (5186,000) ($154,000) O $182.000 ($218.0001 ($190.000 D Question 37 8 pts 889 1 A $ 4 % 5 & 7 8 R Y U o F G H 17 nfo below, what is the net cash flow for Fox's 2020 SCFS ing activities? Income BS Liabs BS Assets 12/31/2012/31/19 12/31/2012/31/19 Stmt & SE $ Accts $900,000 Cash: $ 12,000 $ 12,000 $ 80,000 14,000 Payable: Taxes (350,000) Accts Rec: 124,000 102,000 8,000 12,000 Payable: Divs $550,000 AFS Secs: 70,000 36,000 16,000 20,000 Payable: (240,000) Inventory 80,000 120,000 Wages 16,000 8,000 Payable: Prepaid Interest 5,000 10,000 8,000 2.000 Rent: Payable: Notes 3,000 Land: 250,000 180.000 120,000 138,000 Payable: Common (6,000) Equipment: 180,000 260,000 16,000 15,000 Stock: Accum Additional $312.000 (70,000) (50,000) 160,000 147,000 Depr: PIC: Retained (80,000) Patents: 94,000 100.000 400,000 350.000 Earnings: $232,000 Totals: $750,000 $770,000 Totals: $750,000 $770,000 1) The only long-term asset sold in 2020 is Equipment .: A % 5 6 & 7 8 9 R T Y U 7 G H J CAP. rayane. . Gain Prepaid Interest 5,000 10,000 8,000 2,000 Equip: Rent: Payable: Interest Notes 3,000 Land: 250,000 180,000 120,000 1 Rev: Payable: Interest Common Exp: 16,000 (6,000) Equipment 180,000 260,000 Stock: Pre-Tax Accum Additional $312.000 NI: (70,000) (50,000) Depr: PIC: 160,000 1 Income Retained (80,000) Patents: 94,000 100,000 Tax: 400,000 3 Earnings: NI: $232,000 Totals: $750,000 $770,000 Totals: $750,000 $7 Notes: 1) The only long-term asset sold in 2020 is Equipment with an $80,000 cost & 30% depreciated when sold. 2) All Depreciation & Amortization Expenses are included in Operating Expense (Op.Exp.) O ($186,000) ($154,000) O $182,000 (5218,000) ($190,000) 888 FN $ % 5 A 6 & 7 00* 9 R T Y U o F G H J

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