![subject](/tpl/images/cats/ekonomika.png)
Business, 11.12.2019 21:31 ninaaforever
Mitch company comparative balance sheets december 31 assets 2017 2016 cash $ 68,000 $ 22,000 accounts receivable 88,000 76,000 inventory 167,000 189,000 land 80,000 100,000 equipment 260,000 200,000 accumulated depreciation—equipment (66,000 ) (32,000 ) total $597,000 $555,000 liabilities and stockholders’ equity accounts payable $ 39,000 $ 43,000 bonds payable 150,000 200,000 common stock ($1 par) 216,000 174,000 retained earnings 192,000 138,000 total $597,000 $555,000
additional information:
1. net income for 2017 was $93,000.
2. depreciation expense was $34,000.
3. cash dividends of $39,000 were declared and paid.
4. bonds payable amounting to $50,000 were redeemed for cash $50,000.
5. common stock was issued for $42,000 cash.
6. no equipment was sold during 2017. 7. land was sold for its book value.
prepare a statement of cash flows for 2017 using the indirect method. (show amounts that decrease cash flow with either a - sign e. g. -15,000, or in parenthesis e. g. (15, mitch company statement of cash flows $ adjustments to reconcile net income to $ $
![ansver](/tpl/images/cats/User.png)
Answers: 3
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 11:20
Which stage of group development involves members introducing themselves to each other?
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/ekonomika.png)
Business, 23.06.2019 08:30
During his last performance review, franco's boss urged him to set some short-term and long-term sales goals to him perform better at work. which workplace skill does franco's boss want him to improve?
Answers: 2
![question](/tpl/images/cats/ekonomika.png)
Business, 23.06.2019 10:00
Vincent enjoys investing his money in ways that can generate a return. he realizes that also a chance that his investment will decrease in value. this chance is known as a. opportunity cost b. risk c. recession d. deterioration
Answers: 1
You know the right answer?
Mitch company comparative balance sheets december 31 assets 2017 2016 cash $ 68,000 $ 22,000 account...
Questions
![question](/tpl/images/cats/biologiya.png)
![question](/tpl/images/cats/health.png)
Health, 01.11.2019 12:31
![question](/tpl/images/cats/biologiya.png)
![question](/tpl/images/cats/istoriya.png)
History, 01.11.2019 12:31
![question](/tpl/images/cats/health.png)
Health, 01.11.2019 12:31
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/fizika.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 01.11.2019 12:31
![question](/tpl/images/cats/es.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/health.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 01.11.2019 12:31
![question](/tpl/images/cats/health.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/fizika.png)
![question](/tpl/images/cats/geografiya.png)
Geography, 01.11.2019 12:31
![question](/tpl/images/cats/es.png)
Spanish, 01.11.2019 12:31
![question](/tpl/images/cats/himiya.png)
Chemistry, 01.11.2019 12:31