Laser World's income statement reported total revenues of $920,000 and total expenses (including $44,500 depreciation) of $775,000. The balance sheet reported the following: Accounts Receivable-beginning balance, $57,000 and ending balance, $59,000; Accounts Payable-beginning balance, $23,000 and ending balance, $29,000. Therefore, based only on this information, the net cash flows from operating activities were: Multiple Choice O $96,800. O $149,000. $185,650. $193,500.

Accounts receivable from sales transactions were $49,313 at the beginning of the year and $62,098 at the end of the year. Net income reported on the income statement for the year was $122,531. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method would be

Using the indirect method, calculate the amount of cash flows from operating activities from the following data:     Net Income $199,000         Beginning Accounts receivable   22,000         ending accounts recievable 29,000         Beginning Prepaid insurance 5,000         Ending prepaid insurance 2,000         Beginning Accounts payable 15,000         Ending Accounts payable  14,000         Depreciation expense 50,000         Amortization  of intangible asset 6,000         dividends declared and paid 11,000

If a gain of $8,077 is realized in selling (for cash) office equipment having a book value of $59,041, the total amount reported in the investing activities section of the statement of cash flows is?

If a gain of $8,081 is realized in selling (for cash) office equipment having a book value of $62,903, the total amount reported in the cash flows from investing activities section of the statement of cash flows is:

Hi-Tech, Inc., reports net income of $70 million. Included in that number are depreciation expense of $6 million and a loss on the sale of equipment of $2 million. Records reveal increases in accounts receivable, accounts payable, and inventory of $3 million, $4 million, and $5 million, respectively. What are Hi-Tech’s net cash flows from operating activities?

E6-7. Statement of Cash Flows, Indirect Method. Tulsa Corporation provided you with the following informa- tion for the current year. Tulsa Corporation Statement of Net Income For the Current Year Ended Sales $45,700 Depreciation Expense (1,800) Selling, General, and Administrative Expenses (21,000) Loss on Sale of Equipment (3,000) Other Income 400 Income before Taxes 20,300 Таx Expense (6,090) Net Income $14,210 Changes in Balance Sheet Accounts Amount Decrease in Accounts Receivable $ 2,300 Increase in Accounts Payable 900 Increase in Income Taxes Payable 1,600 Compute the net cash flow from operating activities under the indirect reporting format.

Engineering Wonders reports net income of $70 million. Included in that number is building depreciation expense of $6 million and a gain on the sale of land of $2 million. Records reveal decreases in accounts receivable, accounts payable, and inventory of $3 million, $4 million, and $5 million, respectively. What are Engineering Wonders’ net cash flows from operating activities?

Vaugh Inc. reported net income of $3.10 million in 2022.Depreciation for the year was $198, 400, accounts receivable decreased $434, 000,and accounts payable decreased $347, 200 .Compute net cash provided by operating activities using the indirect method.

) Provide an accurate, full and complete explanation and implication of the information presented in (mathematical forms) by explaining the significance of the cash flow statement The net income reported on the income statement for the current year was $128,000. Depreciation recorded on store equipment for the year amounted to $21,100. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:   End of Year Beginning of Year Cash $51,200   $47,100   Accounts receivable (net) 36,710   34,810   Merchandise inventory 50,120   52,990   Prepaid expenses 5,630   4,470   Accounts payable (merchandise creditors) 47,970   44,560   Wages payable 26,210   29,110