subject
Business, 29.04.2021 04:20 latoyatuggle23

Macrosoft Company reports net income of $55,000. The accounting records reveal depreciation expense of $70,000 as well as increases in prepaid rent, accounts payable, and income tax payable of $50,000, $11,000, and $13,000, respectively. Prepare the operating activities section of Macrosoft's statement of cash flows using the indirect method. (List cash outflows and any decrease in cash as negative amounts.)

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:20
Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.
Answers: 3
question
Business, 22.06.2019 18:50
)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs
Answers: 1
question
Business, 22.06.2019 23:00
How is challah bread made? if i have to dabble the recipe?
Answers: 1
question
Business, 23.06.2019 01:00
Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,000 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,000 from hopkins. on july 10, the entry or entries gideon makes to record the recovery of the bad debt is
Answers: 1
You know the right answer?
Macrosoft Company reports net income of $55,000. The accounting records reveal depreciation expense...
Questions
question
Mathematics, 18.09.2020 05:01
question
Biology, 18.09.2020 05:01
question
Mathematics, 18.09.2020 05:01
question
Mathematics, 18.09.2020 05:01
question
English, 18.09.2020 05:01
question
Mathematics, 18.09.2020 05:01
question
Biology, 18.09.2020 05:01
question
English, 18.09.2020 05:01
question
Mathematics, 18.09.2020 05:01
question
Mathematics, 18.09.2020 05:01
question
History, 18.09.2020 05:01
question
Mathematics, 18.09.2020 05:01
question
Mathematics, 18.09.2020 05:01
question
Mathematics, 18.09.2020 05:01
question
English, 18.09.2020 05:01
question
Biology, 18.09.2020 05:01
question
Social Studies, 18.09.2020 05:01
question
English, 18.09.2020 05:01
question
Mathematics, 18.09.2020 05:01