ScanOptics began 2023 with $5,986,819 in cash. Over the course of 2023, ScanOptics experienced the following changes in its balance sheet. What is the ending cash balance for ScanOptics in 2023? (round to the nearest $1) Inventory Net Property & Equipment Accounts Payable ($2,477,035) Common Stock $1,092,932 $742,758 Accounts Receivable Long Term Debt $1,412,617 $2,332,168 ($1,335,730)

ScanOptics began 2023 with $5,986,819 in cash. Over the course of 2023, ScanOptics experienced the following changes in its balance sheet. What is the ending cash balance for ScanOptics in 2023? (round to the nearest $1) Inventory Net Property & Equipment Accounts Payable ($2,477,035) Common Stock $1,092,932 $742,758 Accounts Receivable Long Term Debt $1,412,617 $2,332,168 ($1,335,730)

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

See similar textbooks

Similar questions

On January 1, 2021, the general ledger of Big Blast Fireworks includes the following account balances:Accounts Debit CreditCash $ 21,900Accounts Receivable 36,500Allowance for Uncollectible Accounts $ 3,100Inventory 30,000Land 61,600Accounts Payable 32,400Notes Payable (8%, due in 3 years) 30,000Common Stock 56,000Retained Earnings 28,500Totals $150,000 $150,000The $30,000 beginning balance of inventory consists of 300 units, each costing…
The comparative balance sheet ofRobeson Educational Supply Educational Supply at December 31,2024,reported the following: 2024 2023 Current Assets: Cash $83,900 $20,500 Accounts Receivable 14,500 21,800 Merchandise Inventory 61,800 60,400 Current Liabilities: Accounts Payable 29,600 28,100 Accrued Liabilities 10,500 11,900 Robeson"s transactions during 2024 included the following: Payment of cash dividends $21,200 Depreciation expense $17,400 Purchase of equipment with cash 54,400 Purchase of building with cash 103,000 Issuance of long-term notes payable to borrow cash 44,000 Net income 63,600 Issuance of common stock for cash 111,000 1. Prepare the statement of cash flows of Robeson Educational Supply for the year ended December 31, 2024. Use the indirect method to report cash flows from operating activities. 2.Evaluate Robeson's cash flows for the year. Mention…
The management of Maxlab Ltd. has provided you with the following data relating to their operations for the last two financial periods. 2021 2020 Notes receivable $ 20,000 $ -0- Accounts receivable $182,000 $140,000 Sales $930,000 $750,000 Operating expenses $170,000 $200,000 Payables $45,000 $20,000 Required: Calculate the percentage change for each item as reported above using 2020 as the base year and explain your result.
Super Grocers, Inc. provided the following financial information for the quarter ending September 30, 2016. Find the net cash flow from operating activites. Depreciation and amortization: $133,414 Net Income: $341,463 Increase in receivables: $112,709 Increase in inventory: $81,336 Increase in accounts payables: $62,411 Decrease in marketable securities: $31,225 Issued new common stock: $3,500 O $343,243 ○ $374,468 O $308,458 O $312,018
Please help me
You observe a company with the following items on the balance sheet (in thousands): Cash and equivalents 2018: $22 Cash and equivalents 2017: $23 Inventory 2018: $26 Inventory 2017: $21 Accounts receivable 2018: $144 Accounts receivable 2017: $129 Property, Plant, and Equipment 2018: $1,584 Property, Plant, and Equipment 2017: $1,663 Current Liabilities 2018: $247 Current Liabilities 2017: $291 Long-term debt 2018: $857 Long-term debt 2017: $1,494 What is the change in net working capital for the firm for these years. Answer in thousands (the same as how the numbers are presented).
The account balances for the non-cash current assets and current liabilities of Kid-game Software Inc. are as follows: December 31 2023 2022 Accounts receivable $ 117,000 $ 92,500 Inventory 83,200 105,000 Prepaid expenses 49,400 42,500 Totals $ 249,600 $ 240,000 Accounts payable $ 75,000 $ 57,500 Salaries payable 22,500 32,500 Interest payable 42,500 35,000 Totals $ 140,000 $ 125,000 During 2023, Kid-game Software Inc. reported depreciation expense of $47,000. All purchases and sales are on account. Profit for 2023 was $243,000. Required: 1. Prepare the operating activities section of the statement of cash flows using the indirect method. (List any deduction in cash and cash outflows as negative amounts.)
Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data (in millions) for 2022 are presented below. End of Year Beginning of Year Cash and cash equivalents $ 1,441 $137 Accounts receivable (net) 3,900 3,700 Inventory 1,700 1,700 Other current assets 619 576 Total current assets $7,660 $6,113 Total current liabilities $3,830 $3,042 For the year, net credit sales were $15,580 million, cost of goods sold was $10,200 million, and net cash provided by operating activities was $1,273 million. Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover, and days in inventory for the current year. (Round Current ratio to 2 decimal places, e.g. 1.62 and all other answers to 1 decimal place, e.g. 1.6.) Current ratio Accounts receivable turnover Average collection period Inventory turnover Days in inventory :1 times days times days
i need the answer quickly
The balance sheet data of Pina Company at the end of 2025 and 2024 follow. 2025 2024 Cash $29,900 $35,300 Accounts receivable (net) 54,900 45,300 Inventory 64,400 45,400 Prepaid expenses 15,000 25,100 Equipment 90,900 75,200 Accumulated depreciatich-equipment (18,180) (8,100) Land 70,600 40,200 $307,520 $258,400 Accounts payable $65,000 $52,200 Accrued expenses 14,800 17,800 Notes payable-bank, long-term -0- 22,700 Bonds payable 30,200 -0- Common stock, $10 par 187,900 157,500 Retained earnings 9,620 8,200 $307,520 $258,400 Land was acquired for $30,400 in exchange for common stock, par $30,400, during the year; all equipment purchased was for cash. Equipment costing $13,000 was sold for $3,100; book value of the equipment was $6,000. Cash dividends of $10,000 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a - sign e.g. -12,000 or in parenthesis e.g. (12,000).) a. Net Cash by operating activities. $ b. Net…

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

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

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

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

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS