Business
Business, 17.02.2020 21:35, rosepotato789

Hunter Company reported a net loss of $12,000 for the year ended December 31, 2017. During the year, accounts receivable decreased $28,000, inventory increased $20,000, accounts payable increased by $30,000, and depreciation expense of $24,000 was recorded. During 2017, operating activities:
1. used net cash of $10,000. used net cash of $25,000.
b. provided net cash of $25,000. provided net cash of $10,000.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 19:00, montgomerykarloxc24x
For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?
Answers: 1
image
Business, 22.06.2019 22:50, kelseeygee
What is the difference between the contractual interest rate and the market interest rate?
Answers: 1
image
Business, 23.06.2019 12:10, tae8002001
When the united states buys more products than it sells from other countries what is created?
Answers: 3
image
Business, 23.06.2019 12:40, BlehBlehBlehBleh
Intoxicated and not aware of the consequences, umberto agrees to a two-year cell-phone service contract with wander talk, inc., at more than the average market price. this contract is not enforceable because the contract clearly favors wander talk. not enforceable because umberto was intoxicated enough to lack mental capacity when he agreed to it. not enforceable because contracting parties can change their minds. enforceable.
Answers: 3
Do you know the correct answer?
Hunter Company reported a net loss of $12,000 for the year ended December 31, 2017. During the year,...

Questions in other subjects:

Konu
Mathematics, 10.01.2021 05:00
Konu
Mathematics, 10.01.2021 05:00
Konu
Mathematics, 10.01.2021 05:00