The following information is available for Ubbie's jewelry and Gift Store: Net income Depreciation expense Increase in deferred tax liabilities Decrease in cash Increase in marketable securities Decrease in accounts receivable, Increase in inventories P 5, 000 2, 500 500 3, 000 1, 000 2, 000 9,000 5,000 Decrease in accounts payable Increase in accrued liabilities Increase in property and equipment Increase in bonds payable Decrease in long-term notes payable 1, 000 14, 000 19, 000 4,000 Use the indirect method to answer following: What is net cash flow from operating activities? 3. c. P 5,000 1. What is net cash flow from financing activities? a. P 15,000 b. P (15,000) What is the change in cash? a. P(3,000) b. P 3,000 a. P(3,000) b. P(1000) C. P 17,000 d. P (14,000) d. P 13,000 What is net cash flow from investing activities? 4. c. P 21,000 2. a. P 14,000 b. P (14.000) c. 2,000 d. P (2,000) d. P (16.000)

The following information is available for Ubbie's jewelry and Gift Store: Net income Depreciation expense Increase in deferred tax liabilities Decrease in cash Increase in marketable securities Decrease in accounts receivable, Increase in inventories P 5, 000 2, 500 500 3, 000 1, 000 2, 000 9,000 5,000 Decrease in accounts payable Increase in accrued liabilities Increase in property and equipment Increase in bonds payable Decrease in long-term notes payable 1, 000 14, 000 19, 000 4,000 Use the indirect method to answer following: What is net cash flow from operating activities? 3. c. P 5,000 1. What is net cash flow from financing activities? a. P 15,000 b. P (15,000) What is the change in cash? a. P(3,000) b. P 3,000 a. P(3,000) b. P(1000) C. P 17,000 d. P (14,000) d. P 13,000 What is net cash flow from investing activities? 4. c. P 21,000 2. a. P 14,000 b. P (14.000) c. 2,000 d. P (2,000) d. P (16.000)

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

2. What is the gain on sale of machinery on December 20?
Given the perfect answer According to the question.
Financial Reporting Analysis Final... Accumulated depreciation on vehicles Accumulated depreciation on equipment Investment: Med Bank (8 % p.a.) Debtors control Provision for bad debts Bank Creditors control Loan: Med Bank (18% p.a.) Nominal accounts section Sales Opening stock Purchases Purchases returns Sales returns Salaries and wages Bad debts Stationery Rates and taxes Motor expenses Repairs and maintenance Telephone Electricity and water Bank charges 09:21 Advertising Interest on mortgage loan Interest on investment Rent income 1. 1.1 1.2 2. 3. 4. 5. 6. 7. 8. 9. 10. 10.1 10.2 On equipment at 10% p.a. on cost. Q 450 000 444 000 A 602 700 200 000 2 150 000 60 000 1 234 000 42 000 68 000 178 000 300 000 52 000 100 000 150 000 18 000 194 000 130 000 13 122 700 Adjustments and additional information According to stocktaking done on 28 February 2022, the following were on hand: Trading inventory R240 000 Stationery R6 000. A debtor who was declared insolvent paid R4 200, which…
Ivanhoe Ltd. reported the following for the fiscal year 2021: Sales Cost of goods sold Gross profit Operating expenses Depreciation expense Gain on sale of land Profit before income tax Income tax expense Profit IVANHOE LTD. Income Statement Year Ended September 30, 2021 Additional information: 1. 2. $ 100,000 25,000 (35,000 ) $574,000 329,000 245,000 90,000 155,000 38,750 $116,250 Accounts receivable decreased by $15.400 during the year. Inventory increased by $6900 duri
Prepare a blance sheet
Please do not give solution in image format thanku
Golden Corporation's current year income statement, comparative balance sheets, and additional information follow. For the year, (1) all sales are credit sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, (3) all purchases of inventory are on credit, (4) all debits to Accounts Payable reflect cash payments for inventory, and (5) any change in Income Taxes Payable reflects the accrual and cash payment of taxes. Assets Cash Accounts receivable Inventory Total current assets Equipment Accumulated depreciation-Equipment Total assets Liabilities and Equity Accounts payable Income taxes payable Total current liabilities Equity Common stock, $2 par value Paid-in capital in excess of par value, common stock. Retained earnings Total liabilities and equity Sales Cost of goods sold Gross profit GOLDEN CORPORATION Comparative Balance Sheets December 31 GOLDEN CORPORATION Income Statement For Current Year Ended December 31 Operating expenses (excluding depreciation)…
i need the answer quickly
Vinubhai
Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores. Accounts receivable Building and equipment Cash Interest receivable. Inventory Land Notes receivable (long-term) Prepaid rent Supplies Trademark Accounts payable Accumulated depreciation Additional paid-in capital Divide Dividends payable Common stock (at par) Income tax payable Notes payable (long-term) Retained earnings Deferred revenue. TOTALS Multiple Choice $792 million O $819 million $1,635 million Debit $846 million $ 666 938 54 38 38 26 26 170 What would Symphony report as total shareholders' equity? 474 26 12 59 $ 2,463 Credit $ 647 77 475 27 16 15 48 816 329 29 $ 2,463
Please provide detailed solution..

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