The Lincoln Company owns no plant assets and had the following income statement for the year:

Sales revenue $800,000
Cost of goods sold $470,000
Wages expense 120,000
Rent expense 42,000
Insurance expense 15,000 647,000
Net income $153,000
Additional information about the company includes:

End of Year Beginning of Year
Accounts receivable $54,000 $49,000
Inventory 60,000 76,000
Prepaid insurance 8,000 7,000
Accounts payable 24,000 18,000
Wages payable 9,000 11,000
Use the piece ding information to calculate the cash flow from operating activities using the indirect method.

Elizabeth believes her company has discriminated against her because her minority coworkers, who are less qualified, have been promoted ahead of her. which agency should elizabeth contact? - national alliance of business- affirmative action council- equal employment opportunity commission- federal trade commission- fair employment practices agency

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest. extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of

Amanda works as an industrial designer