Question: anyone know how to do this? it says its wrong. show work pls thank you S Company reported net income for 2021 in the amount

anyone know how to do this? it says its wrong. show work pls thank you

pls thank you S Company reported net income for 2021 in the

S Company reported net income for 2021 in the amount of $480,000. The company's financial statements also included the following: Increase in accounts receivable Decrease in inventory Increase in accounts payable Depreciation expense Gain on sale of land $ 82,000 65,000 280,000 109,000 149,000 What is net cash provided by operating activities under the Indirect method? Multiple Choice $867,000 O $1,165,000 Multiple Choice $867,000. $1,165,000 $703,000 $649,000

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!

anyone know how to do this? it says its wrong. show work pls thank you Company reported net income for 2021 in the amount of $50.000. The company's financial statements also included the following:...

Based on the case study Chipotle Mexican Grill: Quality At Stake. Please answer the following questions accurately and thoroughly. Identify and give specific examples of the different costs of...

Hello Finstat. I have really appreciated your help so far. Can you help with the attached? From what I can tell and what the instructor has told us is that this is less involved than the previous...

CASE SCENARIO George Larsen will never be accused of having a dynamic presence. The bespectacled accountant spread 145 pounds over a 57 frame and, if you even noticed George, his baby face and full...

Hello. Can you help with this four question problem? Case PRIVATE EQUITY CASE: MERGER CONSOLIDATION The questions below COMBINE the Ohio & Maryland PT acquisitions as if they are a single c Learning...

Answer questions 1 through 5 please. Thank you! CASE 14 Aerocomp, Inc. As she headed toward her boss's office, Emily Hamilton, chief operating officer for the Acrocomp Corporation- computer services...

Income statement and statement of comprehensive income for Hansenpheet plc. AC330 - Financial Accounting, Analysis and Valuation Class Exercise Pack 2012-13 Lent Term 2013 Professor Richard Macve The...

Answer Questions 6 and 7 please! Thank you. CASE 14 Aerocomp, Inc. As she headed toward her boss's office, Emily Hamilton, chief operating officer for the Acrocomp Corporation- computer services firm...

CASE SCENARIO A Case of Decreasing Gross Profit Clayton and Ellison George Larsen will never be accused of having a dynamic presence. The bespectacled accountant spread 145 pounds over a 57 frame...

Hello, my homework says I am missing information for the answer to be completed and I don't know whats missing. (Below is the information they have given me, and the screenshots are my work)...

A.R. Smith began business on January 1 by investing $20 000 cash in his company. During the year, the business had revenue of $60 000 and expenses of $44 500. He withdrew $8000 during the year for...

What is the purpose of the capitalization well? Why is knowing this information so important to new venture analysis?

If a company s inventory increases and no other changes occur in its operations, what is the most likely effect on free cash flow? Group of answer choices Increases Remains unchanged Decreases

The marketing concept is best defined as: Select one: a. a philosophy stating that an organisation should try to satisfy customers' needs through a coordinated set of activities that allows the...