Question: What is the net cash flow from operating activities? can someone explain how to calculate and what the result would be? Increase in account receivable:

What is the net cash flow from operating activities?
can someone explain how to calculate and what the result would be?
Increase in account receivable: 70,000
Increase in salaries payable: 57,500
Decrease in inventory: 32,000
Depreciation expense: 48,500
Increase in prepaid insurance: 3,800

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!

Q:

55. The discount from entering a line discount in the sales journal - (1 Point) a. is applied immediately as a debit to the sales discount revenue account O b. is applied when the invoice is paid c....

Q:

The following data about Atlantis trading Inc. is available. What is Atlantis's cash flow from operating activities? Net Income. $45,000 Increase in Stock. $5,000 Decrease in accounts receivable....

Q:

Cannot figure out how to get the net cash provided by operating activities. Can someone explain how to get it? Net Cash Flow from Operating Activities Hyde Company's records for 2019 provide the...

Q:

Question 21 1 points Save Costs incurred in operating a business are also known as revenues. expenses. liabilities. dividends. Question 22 1 points Save Governments have an interest in the economic...

Q:

Question 21 1 points Save Costs incurred in operating a business are also known as revenues. expenses. liabilities. dividends. Question 22 1 points Save Governments have an interest in the economic...

Q:

1. Which item would not appear in the investing activities section of the statement of cash flows? Cash inflow from the sale of land. Cash outflow from the purchase of equipment. Cash inflow from the...

Q:

Please EXPLAIN your answer 3, Use the following information to calculate net cash flow from operating activities using indirect method: Net Income Depreciation Expense Increase in Accounts Receivable...

Q:

eBook Question Content Area Reporting Net Cash Flow from Operating Activities The following information is available for Bernard Corporation: Net income $ 1 9 2 , 0 0 0 Decrease in income taxes...

Q:

16. Total Assets in 2020 are predicted to be A) $32,357 B) $2,592 C) $33,975 D) $30,603 17. The equity for 2020 is expected to be A) $9,645 B) $10,778 C) $10,060 D) $10,812 18. An increase in the...

Q:

Reporting Net Cash Flow from Operating Activities The following information is available for Bernard Corporation: Net income $203,000 Decrease in income taxes payable $4,270 Decrease in accounts...

Q:

Reporting Net Cash Flow from Operating Activities The following information is available for Bernard Corporation: Net income $196,000 Decrease in income taxes payable $4,270 Decrease in accounts...

Q:

Splish Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per Unit $3.97 3.35 5.58 Item No. 1320 1333 1426 1437 1510 1522 1573...

Q:

A vice presidents position is about to open up at Ramsey Electronics, maker of components for audio and visual equipment and computers. Whoever fills the position will be one of the four most...

Q:

According to the IMA Code of Ethics, what should a management accountant do if a significant ethical situation cannot be resolved by following established policies? Multiple Choice The accountant...

Q:

Parker, Inc., acquires 70 percent of Sawyer Company for $420,000. The remaining 30 percent of Sawyers outstanding shares continue to trade at a collective value of $174,000. On the acquisition date,...

Q:

Ni Co. has the following notes receivable outstanding at December 31, 2014: For notes with terms of one year or longer, interest is payable on the fi rst day of each month, for interest earned the...

Q:

Krazy Hair Salon accepts its own credit card, as well as debit cards and bank and nonbank credit cards. Krazy is charged 3.5% for all bank credit card transactions, 4.25% for all nonbank credit card...

Q:

Consider a firm for which the nominal required rate of return is 8 percent. The rate of inflation is 3 percent. Compute the P/E ratio of the firm under the following situations: i. The firm has a...

Q:

You have $5,000 in a 50% margin account. You have been following a stock that you think you want to buy. The stock is priced at $52. You decide that if the stock falls to $50, you would like to buy...

Q:

Begore going to trial, the Judge in Andrea Heard's trial against Johnny Depp ordered them to meet with a third party who would help them solve their differences by suggesting possible solutions. This...

Q:

What changes would you make to the orientation program at BC Ferries? Why are you making these specific recommendations?

Q:

How could BC Ferries evaluate the return on investment for their simulation training?

Q:

Should Miranda be concerned about the turnover of pizza makers? Why or why not? Pizza Barn provides upscale takeout pizzas and has locations in major cities all across Canada. Miranda Jones, an HR...