Question: X 2. . 3. 4. A A.EE HEADING 1 HEADING cxpenses mar nave been reporea on mc mw tt r . ALFA Co., a garden
X 2. . 3. 4. A A.EE HEADING 1 HEADING cxpenses mar nave been reporea on mc mw tt r . ALFA Co., a garden supply wholesaler, reported cost of goods sold for the year of $50 million, Total assets increased by S55 million, including an increase of $5 million in inventory. Total liabilities increased by S40 million, including an increase of $2 million in accounts payable. The cash paid by the company to its suppliers is most likely closest to: A. 53 million 55 million C. 48 million Beat Co. a men's clothing manufacturer, reported salaries expense of $15 million. The beginning balance of salaric payable was $5 million, and the ending balance of salaries payable was $2 million. How much cash did the company pay in salaries? A. 12 million B. 18 million C. 13 million. A financial analyst has gathered the following information from the balance sheet and income statement of a company (amounts in million USD): Hom Amount Net income 765 Increase in accounts receivable 69 Increase in inventories 54 Increase in other current assets 83 Decrease in accounts payable 37 Increase in wages payable 55 Decrease in notes payable 213 Increase in long-term debt 375 Loss on sale of fixed assets (net of tax) 33 Purchase of new plant and equipment 395 Sale of common stock SO Dividends paid Depreciation 184 128 What is the cash flow from operations: A. $761 million B. $577 million C. 794 million
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