Ouyang inc reports...Accounting question Ouyang Inc reports a 2012 revenue of $20 billion.During 2012, its A/R rose by $0.8 billion, A/Pincreased by $1.3 billion, inventories decreased by$0.2 billion and unearned revenue increased by $0.6billion.Its ratio of revenue to cash collected from customersin 2012 is:a. 1.84b. 1.63c. 1.48d. 1.24e. 1.01

Step 1: Define Cash CollectionsCash collection from customers should include the effects of an…

Answered: Ouyang Inc reports a 2012 revenue of…

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter6: Statement Of Cash Flows

Section: Chapter Questions

Problem 14E

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1. What is the Acid test ratio for 2014? 2. What is the cash ratio for 2013? 3. What is the accounts receivable turnover for 2015?
Čardinal Industries had the following operating results for 2018: Sales = $34,621; Cost of goods sold Dividends paid = $2,023. At the beginning of the year, net fixed assets were $19,970, current assets were $7,075, and current liabilities were $4,01O. At the end of the year, net fixed assets were $24,529, current assets were $8,702, and current liabilities were $4,700. The tax rate for 2018 was 25 percent. $24,359; Depreciation expense = $6,027; Interest expense $2,725; %3D a. What is net income for 2018? (Do not round intermediate calculations.) b. What is the operating cash flow for 2018? (Do not round intermediate calculations.) c. What is the cash flow from assets for 2018? (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.) d- If no new debt was issued during the year, what is the cash flow to creditors? (Do not 1. round intermediate calculations.) d- If no new debt was issued during the year, what is the cash flow to stockholders? (Do…
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