24. Lense Laboratories' net income was $250,000. Given the account information below, what is the net operating cash flows for Lense Laboratories? Increase in Accounts Receivable Increase in Salaries Payable Decrease in Bond Discount Depreciation Expense Increase in Prepaid Insurance $60,000 $50,000 $30,000 $45,000 $3,000

24. Lense Laboratories' net income was $250,000. Given the account information below, what is the net operating cash flows for Lense Laboratories? Increase in Accounts Receivable Increase in Salaries Payable Decrease in Bond Discount Depreciation Expense Increase in Prepaid Insurance $60,000 $50,000 $30,000 $45,000 $3,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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9
Calculate the Operating Cash Flow from the following data: Change in net fixed assets $20,000 Change in net working capital $25,000 Dividends Paid $30,000 Depreciation Expense $35,000 Interest Paid $20,000 Net New Borrowing $15,000 Net New Equity Issued $10,000
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K73.
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H2.