1.12 Pay cash for manufacturing laborWage cost incurred = $190A+dr-crL-dr+crContra-assets-dr+crE on B/S-dr+crE via I/S-dr+crIndirect operating cash flows:Direct operating cash flows:Direct investing cash flows:Direct financing cash flows:Net cash flows =

1. Pay cash for manufacturing labor ($190)Journal entry:Dr. Manufacturing Labor Expense 190 Cr.…

Answered: 1.12 Pay cash for manufacturing labor…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 48E: Preparing Net Cash Flows from Operating Activities-Direct Method Colassard Industries has the...

See similar textbooks

Similar questions

12 - What is the formula of Free Operating Cash Flow (FOCF) a) CFO - Cash out for Investment CFO - Cash out for Interest c) O EBITDA - Tax b) d) O EBIT + Depreciation - Cash out for Financing 13831703
Define each of the following terms:a. Working capital; net working capital; net operating working capitalb. Relaxed investment policy; restricted investment policy; moderate investment policyc. Permanent current assets; temporary current assetsd. Current assets financing policy; maturity matching (self-liquidating) approache. Cash conversion cycle (CCC); inventory conversion period; average collection period;payables deferral periodf. Cash budget; target cash balanceg. Lockbox; account receivableh. Credit policy; credit period; discounts; credit standards; collection policy; credit terms;credit scorei. Trade credit; free trade credit; costly trade creditj. Promissory note; line of credit; revolving credit agreementk. Prime rate; regular, or simple interest; add-on interestl. Commercial paper; accruals; spontaneous fundsm. Secured loan
A B C D E xercise 2 Prepare a cash flow statement given the following information. Sales COGS Gross Profit Operating Exp. Rent Exp. Wage Exp. Depreciation Exp. Total Oper. Exp. Operating Income Gain on Sale Equip. Net Income 5 5 7 8 9 0 31 32 33 34 35 36 37 38 39 40 41 Your Co. Statement of Cash Flows Year Ending 20x9 Cash from Operations Jx Net Cash from Operations Cash from Investing Net Cash from Investing Cash from Financing Net Cash from Financing 80 320 40 800 160 640 440 200 120 320 X X X X X X X X X X X X X X X X X X F A/P decrease A/R increase Beg. cash balance. Bonds issued Dividends paid End. cash balance Inventory decrease Machine purchased Proceeds - sale of equipment Stock issued Wages payable increase G 40 80 96 800 16 440 120 1,600 320 400 200
WACC = 12% Provide excell formulas used to obtain answers for both project A and B: Disc. cash flow, Disc cum cash flow, intermediate calculation for payback and payback using intermediate calculations?
Question Content Area The present value index is computed using which of the following formulas? a. Amount to Be Invested ÷ Total Present Value of Net Cash Flow b. Amount to Be Invested ÷ Average Rate of Return c. Total Present Value of Net Cash Flow ÷ Average Rate of Return d. Total Present Value of Net Cash Flow ÷ Amount to Be Invested
Help Save & Exit Which of the following items do we report in the statement of cash flows using the direct method? Multiple Choice 39 19 Depreciation expense. Cash paid to suppliers. Gain on sale of an asset. Loss on sale of an asset. C raw hp
Which of the following items are included in calculating Firm Free Cash Flow? I. Cost of goods sold II. Depreciation expense III. Interest expense IV. Capital expenditures A. I and II. B. I, II and IV. C. II, III and IV. D. I and III.
iv) Calculate the cash flow from assets v) Calculate net capital spending vi) Calculate change in NWC
can u make the npv, using this format 1 2 3 4 5 Net income 5,175,140.21 5,448,761.67 5,709,496.33 7,789,606.88 6,251,091.31 PV 12%
Which of the following shows how paying cash to purchase suppites will affect a company's financial statements? Multiple Choice Assets Assets Balance Sheet Llab, + NA Assets Balance Sheet Liab. + Equity NA Balance Sheet Assets - Llab -10 NA Equity NA Balance Sheet Llab. NA Equity NA Equity Rev NA Rev. NA Rev NA Rev. NA Income Statement Exp NA Net Inc. NA Income Statement - Exp. Net Inc. Income Statement Exp NA -Net Inc. NA Income Statement Exp NA Net Inc. NA Statement of Cash Flows - OA Statement of Cash Flows NA Statement of Cash Flows NA Statement of Cash Flows
umespect Lu the sldlement of cash flows
Cash Flow Statement is related to a. AS-1 b. AS-6 c. AS-3 d. AS-12

SEE MORE QUESTIONS

Recommended textbooks for you

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

Intermediate Financial Management (MindTap Course…

Finance

ISBN:

9781337395083

Author:

Eugene F. Brigham, Phillip R. Daves

Publisher:

Cengage Learning

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

Intermediate Financial Management (MindTap Course…

Finance

ISBN:

9781337395083

Author:

Eugene F. Brigham, Phillip R. Daves

Publisher:

Cengage Learning

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

Financial Accounting Intro Concepts Meth/Uses

Finance

ISBN:

9781285595047

Author:

Weil

Publisher:

Cengage

SEE MORE TEXTBOOKS

1.12 Pay cash for manufacturing labor Wage cost incurred = $190 A +dr -cr L -dr +cr Contra-assets -dr +cr E on B/S -dr +cr E via I/S -dr +cr Indirect operating cash flows: Direct operating cash flows: Direct investing cash flows: Direct financing cash flows: Net cash flows =