Bluster Holdings reported: • • • Net Income $51,000 = Beginning Owner's Equity = $40,000 Ending Owner's Equity = $76,000 Determine the cash withdrawals.
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- Need answer pleaseLee Company has provided the following information: • Cash flow from operating activities, $258,000 .Net Income, $186.000 • Interest expense, $38,000 Interest cash payments, $28,000 • Income tax payments, $158,000 Income tax expense, $154.000 Using the modified method discussed in the text, what was Lee's cash coverage ratio? . Multiple Choice O O 15.86 16.07 8.04 6.50Profile Co has the following assets and liabilities: Assets: Cash $100 , account receivable,$150 ; Inventory,$240 ,land $200, plant net of accumulated amortization $300 : liabilities short term bank loan, $60 : accounts payable long term loan mortage loan ,$160 ,profolio co long term assets total was
- MC.03.083.Algo Wu Systems has the following balance sheet. Assume that all current assets are used in operations. How much net operating working capital does the firm have? Cash Accounts receivable Inventory Current assets Net fixed assets Total assets O a. $400 b. $1,770 O c. $2,200 d. $470 e. $830 $ 70 Accounts payable 720 Accruals 510 $1,300 1,000 Notes payable Current liabilities Long-term debt Common equity Retained earnings $2,300 Total liab. & equity $ 250 220 430 Question 3 of 40 $ 900 640 260 500 $2,300Please provide solution this financial accounting questionClark Enterprises reports the following information: Net income $5150000 Depreciation expense 700400 Increase in accounts payable 150000 Increase in accounts receivable 334000 Clark should report cash provided by operating activities of $5150000. $3965600. $5666400. ○ $6334400.
- Question: ABC Company has the following financial data: Cash: $30,000Accounts Receivable: $50,000Inventory: $40,000Accounts Payable: $25,000Short-term Debt: $15,000Other Current Liabilities: $20,000Calculate the following: Current AssetsCurrent LiabilitiesCurrent Ratio explain.Please provide the solution to this general accounting question with accurate financial calculations.Please give me answer general accounting
- Refer to the 10-K for Abercrombie & Fitch. Required: 1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in thousands. a. Cash b. Short-term investments (or marketable securities) c. Accounts receivable d. Inventory e. Other current assets f. Accounts payable g. Other current liabilities h. Cash flow from operations A A AA A A 好 2. The company projects the following to occur in the next fiscal year: • Accounts payable will decrease by 25%. • Other current liabilities are expected to increase by 33%. • Cash flow from operations is expected to decrease by 32%. Assume all other items remain unchanged from the prior year. Provide the next year's forecasted balances for the following accounts and cash flow from operations.Solve this problemComplete the financial statement for MY Company. Cash Receivables Inventories Prepaid expenses Total current assets Plant assets Other assets Total assets . $95 575 822 [Select] Type of Financial Statement: [Select] [ Select] [ Select] 2,800 $8.400 . Debt Ratio is 0.6 Current Ratio is 1.2 MY Company December 31, 2018 (Dollars in thousands) V > Total current $1.700 liabilities Long- term debt Other long- term liabilities Share capital Total liabilities [ Select] and equity 810 Retained 2.645 earnings 183 Use the following data to complete MY Company's Balance Sheet. [Select]

