In preparing a company's statement of cash flows using the Indirect method, the following Information is available:. Net income 24 61,000 Accounts payable increased by Accounts nventories increased by epreciation expense 18,900 receivable de creased by 25,900 6,800 32,700 ash provided by operating activities was: "tiple Choice $66,300. 593,500. 700.

Create a statement of cash flow for the current year using Wright Co's income statement and balance sheet. (Do not round intermediate calculations. Round your answer to 2 decimal places.)   Income Statement: Current Year Revenue 4,742.00 Cost of Goods Sold 2,323.58 Gross Margin 2,418.42 SG&A 524.00 EBITDA 1,894.42 Depreciation Expense 504.00 EBIT 1,390.42 Interest Expense 164.20 EBT 1,226 Taxes 429.18 Net Income 797.04 Dividends 410 Addition to Retained Earnings 387.04   Balance Sheet: Assets Prior Year Current Year Cash 800 ???? Accounts Receivables 400 452.00 Inventory 300 358.00 Total Current Assets 1,500 ???? Net Fixed Assets 5,000 5,211.00 Total Asset 6,500 ????   Liabilities and Equity Prior Year Current Year Accounts Payable 300 320.00 Notes Payable 1,000 919.00 Total Current Liabilities 1,300 1,239.00 Long-Term Debt 2,000 2,365.00 Total Liabilities 3,300 ???? Common Stock and Paid-in Capital 2,200 2,200…

Mazaya Company has the following information available: Net Income R.O. 55,000; Cash Provided by Operations R.O. 68,200; Cash Sales R.O. 143,000; Capital Expenditures R.O.24,200; Dividends Paid R.O. 6,600. What is Mazaya's free cash flow? Select one: a. R.O.61,600 b. R.O.37,400 c R.O.44,000 d. R.O.24,200

Statement of Cash Flows—Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows:   Dec. 31, 20Y9 Dec. 31, 20Y8 Assets     Cash $239,460   $223,010   Accounts receivable (net) 86,750   80,100   Inventories 244,880   237,150   Investments 0   91,870   Land 125,600   0   Equipment 270,190   209,660   Accumulated depreciation—equipment (63,250)   (56,540)     Total assets $903,630   $785,250         Liabilities and Stockholders' Equity     Accounts payable $163,560   $154,690   Accrued expenses payable 16,270   20,420   Dividends payable 9,040   7,070   Common stock, $10 par 48,800   38,480   Paid-in capital: Excess of issue price over par-common stock 183,440   106,790   Retained earnings 482,520   457,800     Total liabilities and stockholders’ equity $903,630   $785,250   Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: Equipment and…

russell co reports sales revenue of 30000 and interest revenue of 5000. it comparative balance sheet show that accounts recievable decrease 4000 and interest recievable increased 1000 compute cash provided by operating activities using  the direct method

The following items appeared on the financial statements of Washington Company. Line Item Description Amount Accounts receivable, January 1 $13,395 Accounts receivable, December 31 6,901 Accounts payable, January 1 5,645 Accounts payable, December 31 8,721 Inventory, January 1 6,686 Inventory, December 31 16,260 Sales 73,071 Cost of goods sold 34,443 Washington Company uses the direct method to report cash flows from (used for) operating activities. Assume that all accounts payable are owed to merchandise suppliers. Cash payments for merchandise were

Kingbird Import Company had credit sales of $1824000. The beginning accounts receivable balance was $188000 and the ending accounts receivable balance was $319000. Using the direct method of reporting cash flows from operating activities, what were the cash collections from customers during the period? $2069000. $1824000. $2012000. O $1693000. OO

Statement of Cash Flows The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 20Y1, is as follows:   Dec. 31, 20Y2     Dec. 31, 20Y1   Assets           Cash $ 647,180     $ 696,900   Accounts receivable (net) 588,930     537,160   Inventories 893,110     821,920   Prepaid expenses 20,710     24,590   Land 222,630     336,530   Buildings 1,029,020     634,240   Accumulated depreciation-buildings (291,230)     (271,820)   Equipment 362,420     320,350   Accumulated depreciation-equipment (99,670)     (111,960)   Total assets $3,373,100     $2,987,910   Liabilities and Stockholders' Equity           Accounts payable (merchandise creditors) $ 640,890     $ 676,300   Bonds payable 188,890     0   Common stock, $20 par 222,000     82,000   Excess of…