Harding Corporation reports the following information: Net income $530,000 Depreciation expense 140,000 Increase in accounts receivable 60,000 Harding should report cash provided by operating activities of $330,000. $450,000. $610,000. $730,000

Harding Corporation reports the following information: Net income $530,000 Depreciation expense 140,000 Increase in accounts receivable 60,000 Harding should report cash provided by operating activities of $330,000. $450,000. $610,000. $730,000

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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MechTech Incorporated started the year with $120,400 cash and reported net cash provided by operating activities of $242,500, cash paid for dividends of $50,200, cash received from stock issuance of $47,000, cash paid for equipment purchases of $158,500, cash paid for intangible assets of $125,500, and cash paid on bank loan of $43,500. Required: Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate net cash provided by (used in) investing activities. (Amounts to be deducted should be indicated with a minus sign.) Investing Activities Cash paid for equipment purchases Net cash provided by (used in) investing activities + $ Amount (158,500) (158,500)
Complete the statement of sources and uses of cash from the following entries: Net income $ 2,000 Dividends 800 Additions to inventory 170 Additions to receivables 200 Depreciation 140 Reduction in payables 600 Net issuance of long-term debt 350 Sale of fixed assets 110
The following information pertains to Arizona Company: Net income.. $ 58,000 Increase in accounts payable. . . . $ 10,800 Depreciation expense 12,200 Acquisition of equipment. 35,900 Payment of dividends. 3,000 Sale of treasury shares 4,400 Increase in accounts receivable 9,900 Payment of long-term debt. 16,800 Collection of long-term notes receivable Loss on sale of land. . Net cash provided by (used for) investing activities would be 6,300 Proceeds from sale of land 42,500 15,400 Decrease in inventories 3,800
Use the information below (in millions) to determine net cash inflows (outflows) from operating activities. Cash received from: Customers $ 3,000 Interest on investments 280 Sale of land 180 Sale of its own common stock 760 Issuance of debt securities 2,800 Cash paid for: Interest on debt $ 380 Income tax 160 Debt principal reduction 2,300 Purchase of equipment 5,600 Purchase of inventory 1,800 Dividends on its common stock 440 Operating expenses 660
Please help me with show all calculation thanku
01. Flounder Ltd. reported 2022 net income of HK$190,260. During 2022, accounts receivable increased by HK$16,380 and accounts payable increased by HK$11,970. Depreciation expense was HK$55.440 Prepare the cash flows from operating activities section of the statement of cash flows (amounts in thousands).
Current Attempt in Progress In the Crane Corporation, cash receipts from customers were $135000, cash payments for operating expenses were $101000, and one-third of the company's $8400 income taxes were paid during the year. Net cash provided by operating activities is: O $25600. O $28400. O $34000. O $31200.
Trent Co. reports the following information: Net cash provided by operating activities Average current liabilities Average long-term liabilities Dividends paid Capital expenditures Purchase of treasury stock Payments of debt Trent's free cash flow is O $20000. O $90000. O $210000. O $310000. $430000 300000 200000 120000 220000 22000 70000-
Find cashflow from Financing activities
Tom Hanks Company had the following account activity Increase in income taxes payable $100,000 Increase in bonds payable 240,000 Sale of investments 130,000 Issuance of common stock 120,000 Payment of cash dividends 70,000 Purchased treasury stock 25,000 Net cash provided by financing activities is:
Lee 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, $154.000 Using the modified method discussed in the text, what was Lee's cash coverage ratio? . Multiple Choice O O 15.86 16.07 8.04 6.50
Use the following F/S information to answer problems 15 and 16. In its 20X1 annual report to shareholders, Heitzman & Co. provided the following Statement of Cash Flows: Years ended December 31 ($ in millions) 20X1 20X0 Operating Activities Cash Inflows: Cash received from customers $3,102 Progress payments Other collections $1.438 11,148 7,003 Proceeds from litigation settlement Interest received 220 17 17 Income tax refunds received 23 15 Other cash receipts Cash provided by operating activities Cash Outflows: 24 10 14,534 8,483 Cash paid to suppliers and employees Interest paid Income taxes paid Other cash payments Cash used in operating activities Net cash provided by operating activities 13.251 7,250 333 165 126 57 1 7,473 13,717 817 1,010 Investing Activities Payment for businesses purchased, net of cash acquired Additions to property, plant, and equipment (3,061) (393) (510) (274) Collection of note receivable 148 Proceeds from sale of property, plant, and equipment Proceeds…