$ 500,000. 10- Repaid a 6 year note payable in the amount of $ 220,000.
What is the net cash provided by financing activities? Question 11
In order to determine net cash provided by operating activities, a company must convert net income from an accrual basis to a cash basis under Question 12
The information to prepare the statement of cash flows comes from all of the following sources except Question 13
Peninsula Company reported net income of $ 260,000 for the year. During the year, accounts receivable increased by $ 21,000, accounts payable decreased by $ 9,000 and depreciation expense of $ 45,000 was recorded. Net cash provided by operating activities for the year is Question 14
In calculating cash flows from operating activities using the indirect method, a loss on the sale of equipment will appear as a( n) Question 15
The net income reported on the income statement for the current year was $ 440,000. Depreciation was $ 62,000. Accounts receivable and inventories decreased by $ 20,000 and $ 32,000, respectively. Prepaid expenses and accounts payable increased, respectively, by $ 2,000 and $ 16,000. How much cash was provided by operating activities? Question 16
The statement of cash flows will not provide insight into Question 17
Laser Performance Inc. has the following information available( amount in thousands).