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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- Please correct calculation of the net fund of the business from operating activities on this general accounting questionRaftar Enterprises had payments to suppliers of $520 and employees of $150. The company's customer receipts totaled $720, and it paid $15 in interest. Calculate the net fund of the business from operating activities.Solve this financial accounting problem
- NoneIf $27,000 was generated from operations, $15,000 was used for investing activities, and $11,000 was provided by financing activities, the cash balance would:If $27,000 was generated from operations, $15,000 was used for investing activities, and $11,000 was provided by financing activities, the cash balance would: help me
- For 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 profitA 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.
- If a company uses $1,510 of its cash to purchase supplies, the effect on the accounting equation would be:Zoogle has the following selected data ($ 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.Construct an income statement using the following information: netsales, $500,000; salaries, $100,000; rent, $24,000; COGS, $250,000; utilities,$25,000; payroll taxes, $25,000; insurance, $12,000; and interest expense,$5,450. Make sure that you include gross profit, operating expenses, andnet profit.