Accounting question 4 points What is the total cash from operating activities basedon the information below for Dynamo Enterprises?Net income$920Depreciation$145Increase in receivables $180Increase in inventory$85Increase in payables$110a. 680 b. 910 c. 795 d. $1,030

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Cornerstones of Financial Accounting

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ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

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Problem 10MCQ

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Refer to the information for Cornett Company above. What amount should Cornett report on its statement of cash flows as net cash flows provided by investing activities? a. $(5,200) b. $55,200 c. $144,800 d. None of these
Which item is added to net income when computing cash flows from operating activities? a. Gain on the disposal of property, plant, and equipment b. Increase in wages payable c. Increase in inventory d. Increase in prepaid rent Use the following information for Multiple-Choice Questions 11-9 and 11-10: Cornett Company reported the following information: cash received from the issuance of common stock, $150,000; cash received from the sale of equipment, $14,800; cash paid to purchase an investment, $20,000; cash paid to retire a note payable, $50,000; and cash collected from sales to customers, $225,000.
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What is the total cash from operating activities based on the information below
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Financial Accounting
Complete the statement of sources and uses of cash from the following entries: Net income Dividends Additions to inventory $ 2,100 900 180 Additions to receivables 210 Depreciation 150 Reduction in payables 610 Net issuance of long-term debt 360 Sale of fixed assets 120 Sources Cash from operations: Total sources Uses $ 0 $ 0 Total uses
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What is the total cash from operating activities based on the information below for Dynamo Enterprises? Net income $920 Depreciation $145 Increase in receivables $180 Increase in inventory $85 Increase in payables $110 a. 680 b. 910 c. 795 d. $1,030