2019 2020 2019 2020 Cash $1,300 $1,100 Accounts payable $2,100 $2,900 Accounts receivable $4,100 $4,400 Utilities payable $200 $450 Inventory $7,500 $8,800 Salaries payable $800 $1,800 Prepaid insurance $1,200 $1,500 Notes payable $18,000 $15,000 Equipment $16,000 $16,000 Interest payable $2,300 $2,600 Accum. depreciation ($2,400) ($3,600) Common stock $6,000 $6,000 Land $4,500 $9,200 Retained earnings $2,800 $8,650 $32,200 $37,400 $32,200 $37,400 Given the above information, how much were 2020 operating cash flows if investing cash flows were ($7,000) and financing cash flows were ($1,500)? ($7,200) ($8,700) O $5,300 $8,300 None of the above

2019 2020 2019 2020 Cash $1,300 $1,100 Accounts payable $2,100 $2,900 Accounts receivable $4,100 $4,400 Utilities payable $200 $450 Inventory $7,500 $8,800 Salaries payable $800 $1,800 Prepaid insurance $1,200 $1,500 Notes payable $18,000 $15,000 Equipment $16,000 $16,000 Interest payable $2,300 $2,600 Accum. depreciation ($2,400) ($3,600) Common stock $6,000 $6,000 Land $4,500 $9,200 Retained earnings $2,800 $8,650 $32,200 $37,400 $32,200 $37,400 Given the above information, how much were 2020 operating cash flows if investing cash flows were ($7,000) and financing cash flows were ($1,500)? ($7,200) ($8,700) O $5,300 $8,300 None of the above

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

ChapterM: Time Value Of Money Module

Section: Chapter Questions

Problem 13P: Present Value of an Annuity Ralph Benke wants to make 8 equal semiannual withdrawals of 8,000 from a...

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