subject
Business, 18.12.2019 06:31 lissa34

Electronic wonders reports net income of $95,000. the accounting records reveal depreciation expense of $50,000 as well as increases in prepaid rent, accounts payable, and income tax payable of $40,000, $23,000, and $20,000, respectively. prepare the operating activities section of electronic wonders' statement of cash flows using the indirect method.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 13:00
Terry, a self-employed laboratory consultant specializing in white mice, attended a convention in paris concerning the care and feeding of white mice. the convention was held in paris since most of the white mice specialists in the world are located in france. terry's expenses were $1,600 for airfare, $400 for food, and $400 for lodging. terry spent 5 days at the convention and 3 days visiting friends. how much can she deduct for the trip?
Answers: 1
question
Business, 22.06.2019 08:30
Match the items with the actions necessary to reconcile the bank statement.(there's not just one answer)1. interest credited in bank account2. fee charged by bank for returned check3. checks issued but not deposited4. deposits yet to be crediteda. add to bank statementb. deduct from bank statementc. add to personal statementd. deduct from personal statement
Answers: 2
question
Business, 22.06.2019 13:10
A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?
Answers: 2
question
Business, 22.06.2019 17:30
Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve
Answers: 3
You know the right answer?
Electronic wonders reports net income of $95,000. the accounting records reveal depreciation expense...
Questions
question
Mathematics, 12.11.2020 20:20
question
Mathematics, 12.11.2020 20:20
question
Mathematics, 12.11.2020 20:20
question
Mathematics, 12.11.2020 20:20
question
Mathematics, 12.11.2020 20:20