Give me true answer In 2011 Newcombe Ltd. had a net profit of $100,000 aftercharging an amortization expense of $50,000. Inventories hadincreased by $100,000 and accounts receivable hadincreased by $50,000 over the year. Accounts payable hadremained constant at $250,000.Calculate the cash from operations.

Step 1: Introduction to the Operating Cash FlowThe cash flows shown on a cash flow statement are…

Answered: In 2011 Newcombe Ltd. had a net profit…

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter21: The Statement Of Cash Flows

Section: Chapter Questions

Problem 5MC

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You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the company paid $98.1 million in current taxes and had an interest expense of $48.1 million. Operations Net income Depreciation TIME MANUFACTURING Statement of Cash Flows (in millions) Deferred taxes Changes in assets and liabilities Accounts receivable Inventories Accounts payable Accrued expenses Other Total cash flow from operations Investing activities Acquisition of fixed assets Sale of fixed assets Total cash flow from investing activities Financing activities Retirement of long-term debt Proceeds from long-term debt sales Dividends Repurchase of stock Proceeds from new stock issue Total cash flow from financing activities Change in cash (on balance sheet) a. Calculate the operating cash flow. b. Calculate the net capital spending. c. Calculate the change in net working capital. d. Calculate the cash flow to creditors. e. Calculate…
calculate cash flow from assets if given year 1: sales=9402, depreciation=1350, costs of good sold=3235, administrative expenses=767, interest expenses=630, cash=4931, accounts receivable=6527, short term notes payable=953, long term debt=16152, net fixed assets=41346, accounts payable=5179, inventory=11604, and dividends=1147 and given year 2: sales=10091, depreciation=1351, costs of good sold=3672, administrative expenses=641, interest expenses=724, cash=6244, accounts receivable=7352, short term notes payable=895, long term debt=19260, net fixed assets=42332, accounts payable=5022, inventory=11926, and dividends=1261 and tax rate is 34%
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.
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Answer? ? General Accounting

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In 2011 Newcombe Ltd. had a net profit of $100,000 after charging an amortization expense of $50,000. Inventories had increased by $100,000 and accounts receivable had increased by $50,000 over the year. Accounts payable had remained constant at $250,000. Calculate the cash from operations.