A business had payments to suppliers of $453, and employees of $121. Customer receipts are $654, and interest paid is $10. Calculate the net fund of the business from operating activities.
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- Holloway Company earned $6,200 of service revenue on account during Year 1. The company collected $5,270 cash from accounts recievable during Year 1. a. the balance of the accounts recievable that would be reported on the Decmeber 31,Year1,balance sheet b. the amount of net income that would be reported on the Year 1 income statement. c. the amount of net cash flow from operating activites that would be reported on the Year 1 statement of cash flows d. the amount of retained earnings that would be reported on the Year 1 balance sheetFor each separate case, compute the required cash flow information for BioClean. Case A: Compute cash interest received Interest revenue $5,000 Interest receivable, beginning of year 600 Interest receivable, end of year . 1,700 Case B: Compute cash paid for wages Wages expense $9,000 Wages payable, beginning of year . . . . . . . 2,200 Wages payable, end of year . . . . . . . 1,000XYZ company provided the following information: $30,000 3,000 4,000 5,500 10,000 13,500 12,000 7,000 Sales Accounts payable Seling expenses Administrative expenses Other revenues Cost of goods soid Cash Other expenses Required: Calcuate the following: (SHOW YOUR CALCULATIONS) Gros profit
- A firm reports subscription fee revenue on the income statement of $200,000. Beginning and ending unearned subscription fee revenues on the balance sheet are $88,000 and $78,000, respectively. What is the amount of cash received from customers for fees? What dollar adjustment is needed in the operating section of the cash flow statement under the indirect method.Cash receipts totaled $875,000 for property taxes and $292,500 from other revenue. Note: Enter debits before credits. Transaction General Journal Debit Credit 04 .Zoogle has the following selected data ($ in millions):Net sales $24,651Net income 6,620Operating cash flows 9,326Total assets, beginning 41,768Total assets, ending 50,497Required:1. Calculate the return on assets.2. Calculate the cash return on assets.3. Calculate the cash flow to sales ratio and the asset turnover ratio.
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