Cullumber Corporation reported net income of $49,100 in 2017. Depreciation expense was $17,200. The following working capital accounts changed.
Accounts receivable $11,200 increase
Available-for-sale debt securities 16,900 increase
Inventory 7,300 increase
Nontrade note payable 14,400 decrease
Accounts payable 13,300 increase
Compute net cash provided by operating activities. (Show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,000).)
Cullumber Corporation
Statement of Cash Flows (Partial)
Adjustments to reconcile net income to
Answers: 1
Another question on Business
Business, 22.06.2019 09:30
What is the relationship among market segmentation, target markts, and consumer profiles?
Answers: 2
Business, 22.06.2019 14:20
Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?
Answers: 1
Business, 22.06.2019 19:00
Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.
Answers: 2
Business, 22.06.2019 19:50
Bulldog holdings is a u.s.-based consumer electronics company. it owns smaller firms in japan and taiwan where most of its cell phone technology is developed and manufactured before being released worldwide. which of the following alternatives to integration does this best illustrate? a. venture capitalism b. franchising c. joint venture d. parent-subsidiary relationship
Answers: 2
You know the right answer?
Cullumber Corporation reported net income of $49,100 in 2017. Depreciation expense was $17,200. The...
Questions
Mathematics, 24.10.2019 02:10
Mathematics, 24.10.2019 02:10
Physics, 24.10.2019 02:10
Physics, 24.10.2019 02:10
English, 24.10.2019 02:10
Mathematics, 24.10.2019 02:10
Chemistry, 24.10.2019 02:10
Computers and Technology, 24.10.2019 02:10
History, 24.10.2019 02:10
Chemistry, 24.10.2019 02:10
