Data for the Rodriquez SA are presented in E23.3. Instructions Prepare the operating activities section of the
Question:
Instructions
Prepare the operating activities section of the statement of cash flows using the direct method.
Transcribed Image Text:
Rodriquez SA INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2019 Sales revenue R$6,900,000 Cost of goods sold Beginning inventory R$1,900,000 Purchases 4,400,000 Goods available for sale 6,300,000 Ending inventory 1,600,000 Cost of goods sold 4,700,000 Gross profit 2,200,000 Operating expenses Selling expenses 450,000 Administrative expenses 1,150,000 700,000 R$1,050,000 Net income
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
RODRIQUEZ SA Partial Statement of Cash Flows For the Year Ended December 31 2019 Cash flows from ope...View the full answer
Answered By
Issa Shikuku
I have vast experience of four years in academic and content writing with quality understanding of APA, MLA, Harvard and Chicago formats. I am a dedicated tutor willing to hep prepare outlines, drafts or find sources in every way possible. I strive to make sure my clients follow assignment instructions and meet the rubric criteria by undertaking extensive research to develop perfect drafts and outlines. I do this by ensuring that i am always punctual and deliver quality work.
5.00+
6+ Reviews
13+ Question Solved
Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Question Posted:
Students also viewed these Managerial Accounting questions
-
Data for Rattigan plc are presented in P13-5A. Instructions Prepare the operating activities section of the statement of cash flows using the direct method. RATTIGAN plc Income Statement For the Year...
-
Data for the Rodriquez Company are presented in E23-3. Prepare the operating activities section of the statement of cash flows using the direct method.
-
The income statement of Asquith Company SA is presented below. Additional information: 1. Accounts receivable decreased ¬230,000 during the year, and inventory increased ¬120,000. 2. Prepaid...
-
What is the effect of a viscosity (competence) difference between strain markers and the matrix?
-
The 18-ft pole ABC is acted upon by a 210-lb force as shown. The pole is held by a ball-and-socket joint at A and by two cables BD and BE. For a = 9 ft, determine the tension in each cable and the...
-
There is a parenting Application in a Proceeding before the Federal Circuit and Family Court of Australia at Sydney in Division 2 (the former Federal Circuit Court of Australia). You act for the...
-
Determine the necessary stiffness and the damping constant of an accelerometer if the maximum error is to be limited to \(3 \%\) for measurements in the frequency range of \(0 \mathrm{~Hz}\) to \(100...
-
On August 1, 2016, the accountant for Western Imports downloaded the company's July 31, 2016, bank statement from the bank's website. The balance shown on the bank statement was $28,760. The July 31,...
-
5) Megan and four of her friends plan to go for a long drive. She buys 12 bottles of frappe and a few bottles of orange juice from a supermarket. The total number of bottles they have are four times...
-
September 2021. Ms. Dalvi's employer withheld the following amounts from her earnings: El Premiums CPP Contributions RPP Contributions Federal Income Taxes Contributions To United Way Professional...
-
The income statement of Rodriquez SA is shown below. Additional information: 1. Accounts receivable decreased R$310,000 during the year. 2. Prepaid expenses increased R$170,000 during the year. 3....
-
Norman NV's income statement for the year ended December 31, 2019, contained the following condensed information. Norman's statement of financial position contained the following comparative data at...
-
In the absence of air resistance, a projectile that lands at the elevation from which it was launched achieves maximum range when launched at a 45 angle. Suppose a projectile of mass m is launched...
-
Why do you think Congress and the United States Department of Education included requirements in the IDEA that students with disabilities be involved in and progress in the general education...
-
Brittany is an 18-year-old individual with a hearing impairment whose parents have been disputing during the past three years whether the school has been providing an appropriate education. Brittany...
-
As noted in this chapter, the 2004 amendments to the IDEA included several changes to make the IEP process more efficient and to ease the time constraints of attending multiple team meetings. Are...
-
How might schools best prepare students who will attend higher education programs for dealing with the differing legal requirements?
-
In the PASE decision, the court notes that because of the high cost of EMR placement, the motive for unnecessary placement is nonexistent. While the local educational agencys motive for unnecessary...
-
Develop a survey that you could administer using online survey tools such as Stat-Crunch, surveymonkey.com, or polldaddy.com. Administer the survey. Did the responses accurately reflect the goals of...
-
Question 6.10 Current and deferred tax worksheets and tax entries From the hip Ltd?s statement of profit or loss for the year ended 30 June 2007 and extracts from its statements of financial position...
-
Henning Inc. is a medium-sized manufacturer that has been experiencing losses for the five years that it has been in business. Henning is a private company. Although the operations for the year just...
-
The definition of equity relies on the definition of a liability. The current definition of equity is that it is the residual amount of the assets after deducting liabilities. Consequently, the...
-
The definition of equity relies on the definition of a liability. The current definition of equity is that it is the residual amount of the assets after deducting liabilities. Consequently, the...
-
Mrs. Sam Taffer was a brilliant engineer at IBM and made a lot of money from stock options. Since then, she has worked as a musician and raised her two sons. She wishes to have most of her property...
-
Miller Company ended its fiscal year on June 30, 2017. The company's adjusted trial balance as of the end of its fiscal year is shown below. MILLER COMPANY Adjusted Trial Balance June 30, 2017...
-
What depreciation method is used to write off property, plant and equipment? Regarding the triple bottom line, what information did the company disclose about environmental matters in the reports?...
Study smarter with the SolutionInn App