A company had net income of $210,000. depreciation expense is $27,000. during the year, accounts receivable and inventory increased $17,000 and $42,000, respectively. prepaid expenses and accounts payable decreased $5,000 and $6,000, respectively. there was also a loss on the sale of equipment of $2,000. how much cash was provided by operating activities

$179,000

Explanation:

Prepare an Operating Cash flow Section of the Statement of Cash flow.

Cash flow from Operating Activities

net income                                                      $210,000

Adjustment of Non-Cash Items :

depreciation                                                     $27,000

loss on the sale of equipment of                      $2,000

Adjustment of Working Capital Items :

Increase in Accounts Receivable                   ($17,000)

Increase in Inventory                                     ($42,000)

Decrease in Prepaid Expense                          $5,000

Decrease in Accounts Payable                       ($6,000)

Net Cash Flow from Operating Activities     $179,000

$169,000

Explanation:

Operating activities

Net income $210,000

Add depreciation expenses $27,000

Balance $237,000

Less: increased in account receivable $17,000

Less increased in inventory $42,000

Balance $178,000

Less : prepaid expense $5,000

Less: accounts payable decreased $6,000

Balance $167,000

Add loss on the sale of equipment $2,000

Operating expenses $169,000

Therefore the amount of cash that was provided by operating activities is $169,000

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.

answer (b); /// a method of measuring the opinions of a large group of people by selecting a subset of the larger group, asking them a set of questions and then generalizing those responses;