FREE Trial

One Way Cellular accountants have assembled the following data for the year ended September 30, 2014: Prepare the operating activities

Question:

One Way Cellular accountants have assembled the following data for the year ended September 30, 2014:


One Way Cellular accountants have assembled the following data for


Prepare the operating activities section using the indirect method for One Way Cellular’s statement of cash flows for the year ended September 30,2014.

Transcribed Image Text:

Cash receipt from sale of land Depreciation expense Cash payment of dividends Cash receipt from issuance of common stock 34,000Net income 20,000 Cash purchase of equipment 6,100 Decrease in current liabilities 55,000 39,000 19,000 14,000 30,000Increase in current assets other than cash

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!

Step by Step Answer:

Answer rating: 69% (13 reviews)

ONE WAY CELLULAR Statement of Cash Flows x Partial Year Ended September 30 20…View the full answer


answer-question
Answered By
tutor-profile-image
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+ 1+ Reviews 10+ Question Solved
Related Book For  answer-question
Horngrens Financial and Managerial Accounting

Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

See More Books
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Question Posted: January 16, 2015 10:29:14
See More Questions

Students also viewed these Managerial Accounting questions

Q:
Smart Cellular accountants have assembled the following data for the year ended April 30, 2016: Prepare the operating activities section using the indirect method for Smart Cellular's statement of...
A:
SMART CELLULAR Statement of Cash Flows Partial Year Ended April 30 2016 Cas......
Q:
Winding Road Cellular accountants have assembled the following data for the year ended April 30, 2018: Prepare the operating activities section using the indirect method for Winding Road Cellular's...
A:
WINDING ROAD CELLULAR Statement of Cash Flows Partial Year Ended April 30 201......
Q:
Accountants for Smithson, Inc. have assembled the following data for the year ended December 31, 2016: Prepare Smithsons statement of cash flows using the indirect method. Include an accompanying...
A:
ACCOUNTANTS FOR SMITHSON INC Statement of Cash Flows Year Ended December 31 2016 Cash Flows from Ope......
Q:
Blocks A and B shown in the figure are free and all surfaces are non-friction. Find the velocity of the blocks at t = 3 s, since the tensile force shown in the graphic is applied to the block A...
A:
Click to View...
Q:
(a) Formaldehyde, H2CO, is a colorless, pungent gas used to make plastics. Give the valence bond description of the formaldehyde molecule. (Both hydrogen atoms are attached to the carbon atom.) (b)...
A:
a The structural formula of formaldehyde is Because the C is bonded to three ot......
Q:
Calculate the current i o in the circuit of Fig. 4.69. What value of input voltage is necessary to make i o equal to 5 amps? 25 2 40 30 V 15 +)
A:
40 25 15 20 i 30 5 20 1 2 and i o i20......
Q:
(G G) G Use truth tables to determine whether the following symbolized statements are tautologous, self-contradictory, or contingent.
A:
To determine whether the symbolized statement G G G is a tautology self contradictory or contingent......
Q:
The current sections of Scoggin Inc.s balance sheets at December 31, 2013 and 2014 are presented here. Scoggins net income for 2014 was $153,000. Depreciation expense was $24,000. Instructions...
A:
SCOGGIN INC Partial Statement of Cash Flows For the Year Ended December 31 2014 Cash flows from......
Q:
You have been appointed the Human Resource Manager of a popular College in South Africa. You are advised that thecompany has recently faced criticism from the Department of Upper Education over its...
A:
Your Name Human Resource Manager College Name Date To CEO s Name Chief Executive Officer College Name Subject Affirmative Action Implementation Strategy 15 1 Problem Statement I write to address conce......
Q:
The energy gap of an element is given as 5.9x10 ev. Calculate the intrinsic coherent length if V; = 5.82x10 m/s. (a) 5.9 pm (b) 1.2 m (c) 9.5 m ( d) 2.1 m
A:
Click to View...
Q:
OMD Equipment, Inc. reported the following data for 2014: Income Statement: Net Income .............. $ 44,000 Depreciation Expense ..........8,000 Balance Sheet: Increase in Accounts Receivable...
A:
OMD EQUIPMENT INC Statement of Cash Flows x Partial Year Ended December 31......
Q:
Use the data in Short Exercise to complete this exercise. In Short Exercise Prepare One Way Cellulars statement of cash flows using the indirect method for the year ended September 30, 2014. Assume...
A:
ONE WAY CELLULAR Statement of Cash Flows Year Ended September 30 2014 Cash Flows......
Q:
List the three types of exposure methods used in photolithography. Give an advantage of each.
A:
The three types of exposure methods used in photolith......
Q:
Provide an EXAMPLE of a time when that SOCIAL STYLE helped you in a work, school or social situation. Provide an EXAMPLE of a time when that SOCIAL STYLE caused a problem for you in a work, school or...
A:
Example of Social Style Helping Social Style Assertive In a work situation my assertive social style......
Q:
Shelly and Martin O'Shea have been married twenty-five years and have three children ages 5, 7, and 11. The O'Sheas think of themselves as a middle-class to above-average-income family with typical...
A:
To calculate how much the insurer will pay for Martin s appendectomy you can follow these steps Dedu......
Q:
The User will be prompted for their name, The program will display a message to the user that is a combination of a constant that you declared and the user input. Comments and code organization are...
A:
Here are three Python tasks separately Task 1 Prompt for Name and Display Message Task1 py Task 1 Prompt for Name and Display Message Prompt the user......
Q:
A cylindrical post, 50 mm in diameter, is placed over another one 100 mm in diameter as shown in the figure. A force of 100 kN is applied to the top cylinder. Determine the force that needs to be...
A:
Click to View...
Q:
What is the role of Structure Query Language (SQL) (5 points)? Write the necessary SQL DDL statements to create any one of the tables in the given Company database structure (15 points).
A:
Structured query language SQL is a programming language for storing and processing information in a relational database SQL is widely used to control......
Q:
Compare the graph of y = -x 5 to the graph of y = -x 5 + 5x 3 - 5x + 2 in the following two viewing windows: (A) -5 x 5, -5 y 5 (B) -5 x 5, -500 y 500
A:
a b......
Q:
Refer to the Conservation Ecology (Dec. 2003) study of the causes of forest fragmentation, presented in Exercise 2.166 (p. 97). Recall that the researchers used advanced high-resolution satellite...
A:
a See the table below I have numbered the 12 edges Edge 1 is A N Edge 2 is N N......
Q:
Theta Designs, Inc. has the following data: Perform a vertical analysis of Theta Designs's balance sheet for each year. THETA DESIGNS, INC. Comparative Balance Sheet December 31, 2018 and 2017 2018...
A:
THETA DESIGNS INC Comparative Balance Sheet December 31 20......
Q:
Refer to the data presented for Mulberry Designs, Inc. in Exercise E15-13. Theta Designs, Inc. has the following data: Requirements 1. Prepare a comparative common-size income statement for Mulberry...
A:
Requirement 1 MULBERRY DESIGNS INC Comparative Common Si......
Q:
Data for Research Enterprises follows: Compute the dollar amount of change and the percentage of change in Research Enterprises's working capital each year during 2019 and 2018. What do the...
A:
Current Assets Current Liabilities Working Capital Dollar amount of chang......
Adventures In Artificial Intelligence A Kid's Guide To The Future 1st Edition - ISBN: B0CDN6JNK8 - Free Book