Explanation Compute the cash from operating activities: Particulars Amount ($) Amount ($) Cash from operating activities Cash collected from customers (1) 110,000 Less: cash paid for inventory (2) (15,000) Less: cash paid for insurance (3) (500) Less: cash paid for wages (4) (7,750) Less: cash paid for utilities (5) (5,300) Less: cash paid for rent (10,200) Net cash inflows from operating activities 71,250 Table (1) Thus, the net cash inflow from operating activities is $71,250. Working notes: (1) Compute the cash collected form customers: Particulars Amount ($) Amount ($) Beginning account receivable 5000 Add: sales 120,000 Less: ending account receivable (15,000) cash collected form customers 110,000 Table (2) (2) Compute the cash paid for inventory: Particulars Amount ($) Amount ($) Cost of goods sold 40,000 Add: ending inventory 12,500 Less: beginning inventory (32,000) Purchase 20,500

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Chapter 9, Problem 21EA

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Chapter 9 Solutions

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Ch. 9 - Prob. 1YT Ch. 9 - Prob. 2YT Ch. 9 - Prob. 3YT Ch. 9 - Prob. 4YT Ch. 9 - Prob. 5YT Ch. 9 - Prob. 1Q Ch. 9 - Prob. 2Q Ch. 9 - Prob. 3Q Ch. 9 - Prob. 4Q Ch. 9 - Prob. 5Q

Ch. 9 - Which types of business transactions would result...Ch. 9 - Prob. 7Q Ch. 9 - Which types of business transactions would result...Ch. 9 - Prob. 9Q Ch. 9 - Prob. 10Q Ch. 9 - Prob. 11Q Ch. 9 - Prob. 12Q Ch. 9 - Prob. 13Q Ch. 9 - Prob. 14Q Ch. 9 - Prob. 15Q Ch. 9 - Prob. 16Q Ch. 9 - Prob. 1MCQ Ch. 9 - Prob. 2MCQ Ch. 9 - Prob. 3MCQ Ch. 9 - Prob. 4MCQ Ch. 9 - Prob. 5MCQ Ch. 9 - Prob. 6MCQ Ch. 9 - Depreciation for the year was 50,000 and net...Ch. 9 - Accounts receivable decreased by 12,000....Ch. 9 - Prob. 9MCQ Ch. 9 - Prob. 10MCQ Ch. 9 - Prob. 1SEA Ch. 9 - Prob. 2SEA Ch. 9 - Calculate and identify cash flows. (LO 3, 6). A...Ch. 9 - Prob. 4SEA Ch. 9 - Prob. 5SEA Ch. 9 - Prob. 6SEA Ch. 9 - Prob. 7SEA Ch. 9 - Prob. 8SEA Ch. 9 - Prob. 9SEA Ch. 9 - Prob. 10SEB Ch. 9 - Prob. 11SEB Ch. 9 - Prob. 12SEB Ch. 9 - Prob. 13SEB Ch. 9 - Prob. 14SEB Ch. 9 - Prob. 15SEB Ch. 9 - Prob. 16SEB Ch. 9 - Evaluate adjustments to net income under the...Ch. 9 - Prob. 18SEB Ch. 9 - Prob. 19EA Ch. 9 - Prob. 20EA Ch. 9 - Prob. 21EA Ch. 9 - Prob. 22EA Ch. 9 - Prob. 23EA Ch. 9 - Prob. 24EA Ch. 9 - Prob. 25EA Ch. 9 - Prob. 26EA Ch. 9 - Prob. 27EA Ch. 9 - Prob. 28EA Ch. 9 - Prob. 29EA Ch. 9 - Calculate cash from operating activities using the...Ch. 9 - Prob. 31EA Ch. 9 - Prob. 32EA Ch. 9 - Prob. 33EA Ch. 9 - Prob. 34EB Ch. 9 - Prob. 35EB Ch. 9 - Prob. 36EB Ch. 9 - Prob. 37EB Ch. 9 - Prob. 38EB Ch. 9 - Prob. 39EB Ch. 9 - Prob. 40EB Ch. 9 - Prob. 41EB Ch. 9 - Prob. 42EB Ch. 9 - Prob. 43EB Ch. 9 - Prob. 44EB Ch. 9 - Prob. 45EB Ch. 9 - Prob. 46EB Ch. 9 - Prob. 47EB Ch. 9 - Prob. 48EB Ch. 9 - Prob. 49PA Ch. 9 - Prob. 50PA Ch. 9 - Prob. 51PA Ch. 9 - Prob. 52PA Ch. 9 - Prob. 53PA Ch. 9 - Prob. 54PA Ch. 9 - Prob. 55PA Ch. 9 - Prob. 56PA Ch. 9 - Prob. 57PB Ch. 9 - Prob. 58PB Ch. 9 - Prob. 59PB Ch. 9 - Prob. 60PB Ch. 9 - Prob. 61PB Ch. 9 - Prob. 62PB Ch. 9 - Prob. 63PB Ch. 9 - Prob. 64PB Ch. 9 - Prob. 1FSA Ch. 9 - Prob. 2FSA Ch. 9 - Prob. 3FSA Ch. 9 - Prob. 1CTP Ch. 9 - Prob. 2IE

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