Question: The comparative statements of financial position for Sergipe Company show these changes in non-cash current asset accounts: accounts receivable decrease R$80.000, prepaid expenses increase R$28,000,

The comparative statements of financial position for Sergipe Company show these changes in non-cash current asset accounts: decrease R$80.000, prepaid expenses increase R$28,000, and inventories increase R$30,000. Compute net cash provided by operating activities using the indirect method, assuming that net income is R$200.000.

Step by Step Solution

★★★★★

3.53 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Net income R200000 Adjustments to reconcile net income ... View full answer

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

Document Format (1 attachment)

245-B-M-A-S-C-F (1697).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Q:

The comparative statements of financial position for Marwa Ld. at December 31, 2015 and 2014, are presented below: The statement of earnings for 2015 showed the following information: Sales...

Q:

The comparative statements of financial position for Hinckley SA include the following information. Additional data related to 2019 are as follows. 1. Equipment that had cost ¬11,000 and was 40%...

Q:

Comparative statements of financial position for Eddie Murphy Company are presented below. Additional information: 1. Net income for 2011 was $125,000. 2. Cash dividends of $60,000 were declared and...

Q:

You and your spouse have earned salary and wages of $41,750. In addition you have municipal bond interest income of $600 and savings account and certificate of deposit interest income of $800. You...

Q:

Show that there is no finite-state automaton with two states that recognizes the set of all bit strings that have one or more 1 bits and end with a 0.

Q:

Gordon's Steel Parts produces parts for the automobile industry. The company has monthly fixed costs of \(\$ 640,000\) and a contribution margin of \(80 \%\) of revenues. Requirements 1. Compute...

Q:

1.51 Election Results The 2006 election was EX0151 somewhat an interesting race, in which the Conservative Party of Canada secured the largest number of House of Commons seats with respect to others....

Q:

1. When founder Richard Branson is no longer at the helm (and in the news), do you believe Virgin will be able to continue its forays into radically different brand extensions? What strategies can...

Q:

EXERCISE & Cear Flow Assumptione Perle System (15 pts) The following inton is beter W on Com Assume that Waldron uses a periodic Inventory system and that there we 650 units on hand at the end of the...

Q:

Tropicsun is a leading grower and distributor of fresh citrus products with three large citrus groves scattered around central Florida in the cities of Mt. Dora, Eustis, and Clermont. Tropicsun...

Q:

Sampling at the mall You have probably seen the mall interviewer, approaching people passing by with clipboard in hand. Explain why even a large sample of mall shoppers would not provide a...

Q:

1} A centrifuge is spinning at a rate of 2000 revolutions per minute (rpm). How many milliseconds (ms) will it take to complete 5 revolutions

Q:

Identity Theft Resource Center (ITRC) provides consumer and victim support, public education, and advice. Marlenas grandmother is concerned her identity has been stolen. Help Marlena reconcile her...

Q:

Your company recently hired a new administrative assistant, Maryam Arjmand. On her first day, you stopped by her desk to meet her. During your conversation, you told her to let you know if there was...

Q:

In the stat crunch, where in stat command will I use for this questions. I go from T stat but it always says error as "it says no rows in data set" I don't get it Open the StatCrunch data file Zoeys....

Q:

Starting at 5:00 AM, every half hour there is a flight from San Francisco airport to Los Angeles International airport. Suppose that none of these planes is completely sold out and they have always...

Q:

Research has looked at emotional reactions to infidelity and found that men get homicidal and suicidal and women feel undesirable and insecure (Shackelford, LeBlanc, & Drass, 2000). Lets imagine we...

Q:

The domain of the variable in the expression x 3/x + 4 is________.

Q:

What is computer crime?

Q:

Listed below are five procedures followed by Eikenberry Company. 1. Several individuals operate the cash register using the same register drawer. 2. A monthly bank reconciliation is prepared by...

Q:

Listed below are five procedures followed by Gilmore Company. 1. Employees are required to take vacations. 2. Any member of the sales department can approve credit sales. 3. Paul Jaggard ships goods...

Q:

Setterstrom Company established a petty cash fund on May 1, cashing a check for $100. The company reimbursed the fund on June 1 and July 1 with the following results. June 1: Cash in fund $1.75....

Q:

Sheila is testing model drones. She starts with n model drones which each independently have probability p of flying successfully each time they are flown, where 0 Answered: 4 weeks ago

Q:

Please answer all the questions what is asked in number 1-6 ma'am/sir. Thank you! 1. Do social robots walk or roll? According to the United 2. Beach erosional hotspots. Beaches that exhibit high ero-...

Q:

example of ids 1 0 5 module five

Related Book

Financial accounting IFRS Edition by Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel