Flora Inc. reported the following information: Net income: $640,000 Depreciation expense: $79,000 Increase in accounts receivable: $25,000 Decrease in inventory: $14,000 Dividends paid: $8,000 Flora should report cash provided by operating activities of:
Flora Inc. reported the following information: Net income: $640,000 Depreciation expense: $79,000 Increase in accounts receivable: $25,000 Decrease in inventory: $14,000 Dividends paid: $8,000 Flora should report cash provided by operating activities of:
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 13MCQ
Related questions
Question
Flora Inc. reported the following information:
Net income: $640,000
Increase in
Decrease in inventory: $14,000
Dividends paid: $8,000
Flora should report cash provided by operating activities of:
Question 10 options:
|
|
$730,000 |
|
|
$700,000 |
|
|
$708,000 |
|
|
$766,000 |
Dawson Corp. reports the following information:
Net cash provided by operating activities: $285,000
Average current liabilities: $150,000
Average non-current liabilities: $100,000
Dividends declared: $60,000
Capital expenditures: $110,000
Payment of long-term debt: $35,000
What is Dawson's cash debt coverage ratio?
Question 11 options:
|
|
1.14 |
|
|
1.90 |
|
|
2.28 |
|
|
2.85 |
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