Business, 17.08.2019 19:10, jaimefashion12

The following information is available for armstrong company: net income $450 increase in plant and equip. $170 depreciation expense 80 payment of dividends 10 decrease in accts. receivable 20 increase in long-term debt 100 increase in inventories 15 decrease in accounts payable 30 what is cash flow from investing activities for armstrong company

Answers: 3

Show answers

Similar questions

Business, 03.07.2019 02:30, lindseylewis313

The following information is related to alpha company's fiscal year 2017. income statement: net income $300,000 depreciation expense 50,000 gain on sale of plant assets 10,000 interest expense 500 balance sheet - 12/31/17: increase (decrease) accounts payable ($4,000) plant assets - purchased 250,000 plant assets - disposals (100,000)additional information: cash balance - 12/31/2016: $50,000 common stock exchanged for outstanding long term notes payable of $125,000 dividends paid were $30,000 use this information to prepare the statement of cash flows for alpha company using the indirect method.

Answers: 1

continue

Business, 08.07.2019 21:20, officialrogerfp3gf2s

The following information is related to alpha company's fiscal year 2017. income statement: net income $300,000 depreciation expense 50,000 gain on sale of plant assets 10,000 interest expense 500 balance sheet - 12/31/17: increase (decrease) accounts payable ($4,000) plant assets - purchased 250,000 plant assets - disposals (100,000) additional information: cash balance - 12/31/2016: $50,000 common stock exchanged for outstanding long term notes payable of $125,000 dividends paid were $25,000 use this information to prepare the statement of cash flows for alpha company using the indirect method.

Answers: 2

continue

Business, 21.08.2019 05:30, isaacb6291

Acompany has the following budget information: sales: $118,800; cogs: $48,500; depreciation expense: $1,500; interest expense: $250; other expenses: $41,880. if the company budgets 40% for income tax expense, the amount of budgeted income tax expense will be

Answers: 1

continue

Business, 19.09.2019 16:20, oliviacalhoun29

April 1 nozomi invested $33,000 cash and computer equipment worth $35,000 in the company in exchange for common stock. 2 the company rented furnished office space by paying $2,100 cash for the first month’s (april) rent. 3 the company purchased $1,100 of office supplies for cash. 10 the company paid $2,300 cash for the premium on a 12-month insurance policy. coverage begins on april 11 14 the company paid $1,700 cash for two weeks' salaries earned by employees. 24 the company collected $11,000 cash on commissions from airlines on tickets obtained for customers. 28 the company paid $1,700 cash for two weeks' salaries earned by employees. 29 the company paid $300 cash for minor repairs to the company's computer. 30 the company paid $1,000 cash for this month's telephone bill. 30 the company paid $1,800 cash in dividends.the company's chart of accounts follows: 101 cash 405 commissions earned 106 accounts receivable 612 depreciation expense—computer equip. 124 office supplies 622 salaries expense 128 prepaid insurance 637 insurance expense 167 computer equipment 640 rent expense 168 accumulated depreciation—computer equip. 650 office supplies expense 209 salaries payable 684 repairs expense 307 common stock 688 telephone expense 318 retained earnings 901 income summary 319 dividends use the following information in part 4: a. two-thirds (or $128) of one month’s insurance coverage has expired. b. at the end of the month, $500 of office supplies are still available. c. this month’s depreciation on the computer equipment is $600. d. employees earned $450 of unpaid and unrecorded salaries as of month-end. e. the company earned $1,900 of commissions that are not yet billed at month-end. (i have already completed part 4 - this is just to give you all the question information) prepare journal entries to close the temporary accounts and then post to section 6.2. april 30 - record the entry to close revenue account(s). april 30 - record the entry to close expense account(s). april 30 - record the entry to close income summary account. april 30 - record the entry to close the dividends account. post the journal entries to the ledger. general ledger accounts - cash accounts receivable office supply prepaid insurance computer equipment accumulated depreciation - computer equipment salaries payble common stock retained earnings dividands commision earned depreciation expense - computer equipment salaries expense insurrance expense rent expense office supply expense repairs expense telephone expense income summary

Answers: 3

continue

Do you know the correct answer?

The following information is available for armstrong company: net income $450 increase in plant and...

Questions in other subjects:

History, 04.02.2021 05:10

What is the appeal of imperialism?...

Mathematics, 04.02.2021 05:10

Meeting ID: 205 467 1270 Passcode: Sophia...

English, 04.02.2021 05:10

Describe comparative advantage....

Mathematics, 04.02.2021 05:10

After being involved in a car accident last month thomas insurance company has increased his annual premium by 398.37 aproximately what change will thomas see on his future monthly...

Biology, 04.02.2021 05:10

Which of the following would a country most likely be forced to do due to a water shortage? A import crops B. deconstruct unused buildings C. generat...

Mathematics, 04.02.2021 05:10

Homework: section 1.3b homework ...

Biology, 04.02.2021 05:10

Mutations in skin cells do not pass on to offspring, but the mutations in gametes (sex cells) do What are likely reasons for this? a)The mutated genes of the gametes are passed on...

Physics, 04.02.2021 05:10

A ball is launched from ground level. After 3.0 s, the ball is 14.5 m above the ground and is 25.0 m horizontally from the launch point. What is the magnitude and angle of the resu...

Mathematics, 04.02.2021 05:10

2 students shared 5 king cakes. How much did each student eat? How much king cake did 2 students eat?...

Mathematics, 04.02.2021 05:10

A square has a perimeter of 16.4 inches. The area of the square is square inches....

Other tasks in the category: Business More task