Homework Help is Here – Start Your Trial Now!
Business
Accounting
what will be Net Cash Generated from Operating Activity

what will be Net Cash Generated from Operating Activity

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

Please I need help with this question.Thanks in advance 

* 00 B %24 6 8. Cashflow using Indirect method - Operating Activities Joy Corp. Statement of Comprehensive Income For The Year Ended December 31,2018 3. Amount Particulars Revenue Cost of Sales Gross Profit Admin Expense Interest Expense Depreciation Expense Operating Income Gain on sale of Asset Net Income before Income taxes Income Tax exp $74,880.00 -$53,245.00 $21,635.00 -$4,558.00 -$7,000.00 -$3,950.00 $4,127.00 $2,450.00 $8,577.00 -$1,605.00 $6,972.00 Net Income Joy Corp. Statement of Financial Position As at Dec 31st 2018 Particulars 2018 2017 Current Assets Inventory Accounts Receivable $9,980.00 $9,680.00 $9,454.00 $5,320.00 Current Assets Accounts Payable Income Tax payable Interest Payable warranty provision $5,945.00 $5,475.00 $4,995.00 $80,512.00 $3,680.00 $6,351.00 $3,115.00 $60,384.00 what will be Net Cash Generated from Operating Activity Q Search Web Search & 23 R } K H command option
Transcribed Image Text:* 00 B %24 6 8. Cashflow using Indirect method - Operating Activities Joy Corp. Statement of Comprehensive Income For The Year Ended December 31,2018 3. Amount Particulars Revenue Cost of Sales Gross Profit Admin Expense Interest Expense Depreciation Expense Operating Income Gain on sale of Asset Net Income before Income taxes Income Tax exp $74,880.00 -$53,245.00 $21,635.00 -$4,558.00 -$7,000.00 -$3,950.00 $4,127.00 $2,450.00 $8,577.00 -$1,605.00 $6,972.00 Net Income Joy Corp. Statement of Financial Position As at Dec 31st 2018 Particulars 2018 2017 Current Assets Inventory Accounts Receivable $9,980.00 $9,680.00 $9,454.00 $5,320.00 Current Assets Accounts Payable Income Tax payable Interest Payable warranty provision $5,945.00 $5,475.00 $4,995.00 $80,512.00 $3,680.00 $6,351.00 $3,115.00 $60,384.00 what will be Net Cash Generated from Operating Activity Q Search Web Search & 23 R } K H command option
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS