Question: During 2011 Lambda Corporation had net income of 82 000 Included
During 2011, Lambda Corporation had net income of $82,000. Included on its income statement were depreciation expense of $4,600 and amortization expense of $600. During the year, accounts receivable increased by $6,800, inventories decreased by $3,800, prepaid expenses decreased by $400, accounts payable increased by $10,000, and accrued liabilities decreased by $900. Determine net cash flows from operating activities using the indirect method.
Relevant QuestionsFor the year ended June 30, 2011, net income for Freed Corporation was $14,800. Depreciation expense was $4,000. During the year, accounts receivable increased by $8,800, inventories increased by $14,000, prepaid rent ...The comparative statements of cash flows for Cole Corporation, a manufacturer of high-quality suits for men, follow. To expand its markets and familiarity with its brand, the company attempted a new strategic diversification ...The data that follow pertain to two of Japan’s best-known and most successful companies, Sony Corporation and Panasonic, Inc. (Numbers are in billions of yen.)Calculate cash flow yield, cash flows to sales, cash flows to ...Using the information for Otis, Inc., in SE and SE, compute profit margin, asset turnover, and return on assets for 2011 and 2012. In 2010, total assets were $200,000. Comment on the results. In SE, The comparative income ...Using the data below from the financial statements of Coat, Inc., compute the company’s cash flow yield, cash flows to sales, cash flows to assets, and free cash flow. (Round computations to one decimal place.)Net sales ...
Post your question