subject
Business, 19.07.2020 14:01 ragadbat

Portions of the financial statements for C. Ruiz Inc. are provided below. C. Ruiz Inc.
Income Statement
For the Year Ended December 31, 2018
Revenues $613,000
Expenses:
Cost of goods sold $360,000
Operating expenses 116,000
Depreciation expense 33,000
Income tax expense 52,000
Total expenses 561,000
Net Income $52,000
Requirement:
Prepare the cash flows from operations section of C. Ruiz Inc.'s 2018 statement of cash flows using the indirect method.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 12:50
You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400
Answers: 3
question
Business, 22.06.2019 20:20
Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation
Answers: 3
question
Business, 23.06.2019 00:30
Industrial engineers who specialize in ergonomics are concerned with designing workspace and devices operated by workers so as to achieve high productivity and comfort. a paper published in this research area reports on a study of preferred height for an experimental keyboard with large forearm-wrist support. a sample of 31 trained typists resulted in an average preferred height of 80.0 cm
Answers: 1
question
Business, 23.06.2019 04:20
Question 1 2 points is the concern of business for the long-range welfare of both the company and its relationships to the society within which it operates
Answers: 1
You know the right answer?
Portions of the financial statements for C. Ruiz Inc. are provided below. C. Ruiz Inc.
Incom...
Questions
question
Spanish, 27.05.2021 22:20