Question: A. $10,700 B. $(28,600) C. $(56,200) D. $33,900 Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the fallowing

A. $10,700 B. $(28,600) C. $(56,200) D. $33,900

Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the fallowing income statement: Ohia, Inc. Income Statement Year Ended December 31 2024 Revenues and Gains: Sales Revenue Interest Revenue Total Revenues and Gains Expenses and Losses. Cast of Goads Sold Salary Expense Depreciation Expense S155,ooo 6,600 Sidi S140,ooo 23,000 7,300 O B. $10,700 $33,900

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Exercise 2-2 The balance sheets of Petrello Company and Sanchez Company as of January 1, 2014, are presented below. On that date, after an extended period of negotiation, the two companies agreed to...

Ohio, Inc. uses the Indirect method to prepare the statement of cash flows. Refer to the following income statement: Ohio, Inc Income Statement Year Ended December 31, 2018 Revenues and Gains: Sales...

Q 3 Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Ohio, Inc. Income Statement Year Ended December 3 1 , 2 0 2 4 Revenues and...

Ohio, Inc, uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc Income Statement Year Ended December 31, 2024 Revenues and Gains. Sales...

8. help pls Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc Income Statement Year Ended December 31, 2024 Revenues and...

On December 31, 2024, Country Living Sales has 10-year Bonds Payable of $91,000 and Discount on Bonds Payable of $4,350. How will this be shown on the December 31, 2024 Balance Sheet? O A. Bonds...

Ohio, Inc. uses the indirect method to prepare the statement of cash flows Refer to the following income statement Ohio, Inc Income Statement Year Ended December 31, 2024 Revenues and Gains Sales...

Ohio, Inc. uses the indirect method to prepare the Statement of Cash Flows. Refer to the following Income Statement: Ohio, Inc. Income Statement Year Ended December 31, 2025 Revenues and Gains: Sales...

Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Ohio, Inc. Income Statement Year Ended December 31, 2018 Revenues and Gains: Sales...

Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Additional information provided by the company includes the following: Current...

Did Gentry violate his fiduciary duty when he bought partnership property without telling his partner?

Which is the most crucial step in the performance of the Gram staining procedure and why?

Company A sold 5 , 0 0 0 shares of its investment in Company B stock for $ 1 9 6 , 2 0 0 , receiving cash for $ 3 7 . 2 0 per share less a $ 2 , 4 0 0 brokerage commission. If the sale results in a...

238 U. Compute the mass defects of (a) "S; (b) 20F; (c) 238U. 20 F; (c) Given the following mass defects, find the corresponding 01 064 MA 240D 24

Evaluate (a) the neutron separation energies of "Li, 'Zr, and 236U; (b) the 13. proton separation energies of 20 Ne, 5$Mn, and 197AU. Evamine carefully the S. and S. values given in Table 31 and draw...

The deployment of airbags during a car accident results from a chemical reaction that, until the 1990s, involved sodium azide, NaN 3 . Sodium azide has since been replaced by less toxic substances...

Decomposition of NI 3 produces nitrogen gas and iodine. How many grams of the reactant would be required to react completely to give 8.32 g of the iodine?

What mass of oxygen is needed to react with 9.05 gal of methanol according to the balanced equation below? (1.00 gal = 3.79 L, and the density of methanol is 0.793 g/mL.) 2 CH 3 OH( l ) + 3 O 2 ( g )...

Which of the following quotes from Anthony's speech is the best example of her statement of purpose? A . Seek first the kingdom of the ballot, and all things else shall be given thee, is the...

Would the companys recent attempts to rectify the situation persuade you to resume shopping at Vogue Apparel?

As a possible member of Vogue Apparels target customer base, what decision would you make about purchasing their products in light of the revelations by the BBC?

Explain the importance of measuring the human resource management (HRM) contribution