Business
Business, 30.10.2019 00:31, tiap1011

Presented below is the 2018 income statement and comparative balance sheet information for tiger enterprises. tiger enterprisesincome statementfor the year ended december 31, 2018($ in thousands)sales revenue $ 15,000 operating expenses: cost of goods sold $ 5,000 depreciation 400 insurance 900 administrative and other 3,400 total operating expenses 9,700 income before income taxes 5,300 income tax expense 2,120 net income $ 3,180 balance sheet information ($ in thousands) dec. 31,2018 dec. 31, 2017assets: cash $ 620 $ 360 accounts receivable 830 990 inventory 810 760 prepaid insurance 130 35 plant and equipment 3,200 2,600 less: accumulated depreciation (1,160 ) (760 ) total assets $ 4,430 $ 3,985 liabilities and shareholders' equity: accounts payable $ 380 $ 520 payables for administrative and other expenses 380 560 income taxes payable 360 310 note payable (due 12/31/2019) 1,380 950 common stock 1,100 960 retained earnings 830 685 total liabilities and shareholders' equity $ 4,430 $ 3,985 required: prepare tiger’s statement of cash flows, using the indirect method to present cash flows from operating activities. (hint: you will have to calculate dividend payments). (enter your answers in thousands. amounts to be deducted should be indicated with a minus sign.)i need with the sections that have a question mark. i think i got everything else but am having trouble filling in the gaps. tiger enterprisesstatement of cash flowsfor the year ended december 31, 2018($ in thousands)cash flows from operating activities net income $3,180 adjustments for noncash effects depreciation expense (400) changes in operating assets and liabilities increase in prepaid insurance 95 decrease in accounts receivable (160) increase in inventory 50 decrease in accounts payable 140 decrease in administrative and other payables 180 increase in income taxes payablenet cash flows from operating activities cash flows from investing activities purchase of plant and equipment cash flows from financing activities proceeds from issuance of common stock 140 proceeds from note payable 430 payment of dividends (3,035) net cash flows from financing activities ? ? net increase in cash , january 1 360cash, december 31 $

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 23:00, stevend0599
What is overdraft protection (odp)? a.) a cheap and easy way to always avoid overdrawing a bank account b.) a service to automatically transfer available funds from a linked account to cover purchases, prevent returned checks and declined items when you don’t have enough money in your checking account at the time of the transaction. c.) an insurance policy sold by banks to prevent others from withdrawing your money d.) a service provided by the government that insures individuals bank deposits up to $250,000
Answers: 2
image
Business, 22.06.2019 14:30, violetvinny
crow design, inc. is a web site design and consulting firm. the firm uses a job order costing system in which each client is a different job. crow design assigns direct labor, licensing costs, and travel costs directly to each job. it allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. direct labor hours (professional) 6,250 hours direct labor costs ($1,800,000 support staff salaries ,000 computer ,000 office ,000 office ,000 in november 2012, crow design served several clients. records for two clients appear here: delicious treats mesilla chocolates direct labor 700 hours 100 hours software licensing $ 4,000 $400 travel costs 8,000 1. compute crow design’s direct labor rate and its predetermined indirect cost allocation rate for 2012. 2. compute the total cost of each job. 3. if simone wants to earn profits equal to 50% of service revenue, how much (what fee) should she charge each of these two clients? 4. why does crow design assign costs to jobs?
Answers: 2
image
Business, 22.06.2019 21:30, mydoggy152
Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.
Answers: 1
image
Business, 22.06.2019 23:00, lekylawhite16
Which of the following is true of website content? it should be refreshed periodically to keep customers coming back. once the content has been written and proofread it shouldn't be changed. grammatical errors are not a problem because the customer visits the site to purchase a product, not check the site's grammar. it should be limited to text and shouldn't include multimedia.
Answers: 1
Do you know the correct answer?
Presented below is the 2018 income statement and comparative balance sheet information for tiger ent...

Questions in other subjects:

Konu
Chemistry, 15.06.2021 14:00
Konu
Mathematics, 15.06.2021 14:00