10. Vision Max had net income of $100. Accounts receivables increased $10, accounts payablesincreased $5 and the year's depreciation expense was $30. If Cash Flow from Operations was+$150, what was the change in inventory (INV) over the course of the year?C.a. INV decreased $30 during the yearb. INV decreased $10 during the yearINV decreased $40 during the yeard. INV decreased $70 during the yearINV decreased $25 during the yearINV decreased $55 during the yearg. INV increased $30 during the yearINV increased $10 during the yearINV increased $40 during the yearINV increased $70 during the yeark. INV increased $25 during the year1. INV increased $55 during the yearh.i.j.e.f.

Cash flow from operation is the cash available from the main core business activities of the…

Answered: increased $5 and the year's…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Cairns Consulting Corp. company records revealed the following for the current year: Increase in inventory $7,000 Depreciation expense Decrease in accounts payable Decrease in accounts receivable Net loss 24,000 3,000 9,000 25,000 What was the net cash flow from operating activities for the year? O cash flow from (inflow) $8,000 cash flow from (inflow) $0 O cash flow used (outflow) $2,000 O cash flow used (outflow) $4,000
The cost of goods sold during the year was $341600. Inventory decreased by $11200 during the year and accounts payable decreased by $13400 during the year. Using the direct method of reporting cash flows from operating activities, cash payments for inventory total $355000. $343800. $366200. $317000.
Please do not give solution in image format thanku
Based on the information in the image, calculate the percentage+ dollar increase for each row and list the 3 largest assets, including the dollar ($) amount and percentage (%) increase.
Valuation
Cash Accounts receivable Equipment, net Land Total assets Current Year Prior Year $ 10,200 $ 13,000 60,000 25,200 56,000 49,600 97,500 72,000 $ 223,700 $ 159,800 Compute the annual dollar changes and percent changes for each of the following items. Note: Decreases should be entered with a minus sign. Round your percentage answers to one decimal place. Percent change= Horizontal Analysis - Calculation of Percent Change Numerator: Denominator: Current Year Prior Year Dollar Change Cash $ 10,200 $ 13,000 Accounts receivable 60,000 25,200 Equipment, net 56,000 49,600 Land Total assets 97,500 72,000 $ 223,700 $ 159,800 Percent Change % % % % %
ss
Horizontal Analysis The comparative temporary investments and inventory balances of a company follow. Current Year Previous Year Accounts payable $59,409 $48,300 Long-term debt 44,795 52,700 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Amount of Change Increase/Decrease Percentage Accounts payable $ % Long-term debt $ %
The net income reported on the income statement for the current year was $255000. Depreciation was $39600. Account receivable and inventories decreased by $12300 and $35300, respectively. Prepaid expenses and accounts payable increased, respectively, by $1200 and $7600. How much cash was provided by operating activities? $305700 O $321100 $348600 O $333400
According to the information given in the table below, which of the following is cash flow from operating activities? Net income 95,000 Deprecation 38,000 Increase in Accounts Receivable 24,000 Decrease in Inventory 19,000 Increase in Accounts Payable 29,000 Select one: a. 173000 b. 157000 c. 145000 d. 119000
Gray Company’s year-end balance sheets follow. (1) Express the balance sheets in common-size percent. Round percent to one decimal. (2) Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage of total assets favorable or unfavorable? (3) Is the change in merchandise inventory as a percentage of total assets favorable or unfavorable? At December 31 Current Year 1 Year Ago Assets Cash $ 31,800 $ 35,625 Accounts receivable, net 89,500 62,500 Merchandise inventory 112,500 82,500 Prepaid expenses 10,700 9,375 Plant assets, net 278,500 255,000 Total assets $523,000 $445,000 Liabilities and Equity Accounts payable $129,900 $ 75,250 Long-term notes payable 98,500 101,500 Common stock, $10 par value 163,500 163,500 Retained earnings 131,100 104,750 Total liabilities and equity…
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