Use the following excerpts from Algona Companys financial statements to determine cash received from customers in 2018.

Prepare a complete statement of cash flows using the indirect method for the current year. Note: Amounts to be deducted should be indicated with a minus sign.   Golden Corporation's current year income statement, comparative balance sheets, and additional information follow. For the year, (1) all sales are credit sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, (3) all purchases of inventory are on credit, (4) all debits to Accounts Payable reflect cash payments for inventory, and (5) any change in Income Taxes Payable reflects the accrual and cash payment of taxes. GOLDEN CORPORATION Comparative Balance Sheets December 31   Current Year Prior Year Assets     Cash $ 178,000 $ 122,400 Accounts receivable 104,000 85,000 Inventory 622,000 540,000 Total current assets 904,000 747,400 Equipment 372,700 313,000 Accumulated depreciation—Equipment (165,000) (111,000) Total assets $ 1,111,700 $ 949,400 Liabilities and Equity…

Crane Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2021, Crane Company reports the following activity: Sales on account Cash sales Decrease in accounts receivable Increase in accounts payable Increase in inventory Cost of good sold $2000000 $4010000 $2910000 O $2190000 O $3100000 1100000 910000 105000 70000 1570000 What is the amount of cash collections from customers reported by Crane Company for the year ended December 31, 2021?

Prepare a complete statement of cash flows using the indirect method for the current year. Note: Amounts to be deducted should be indicated with a minus sign. Forten Company's current year income statement, comparative balance sheets, and additional information follow. For the year, (1) all sales are credit sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, (3) all purchases of inventory are on credit, and (4) all debits to Accounts Payable reflect cash payments for inventory. FORTEN COMPANY Income Statement For Current Year Ended December 31 Sales   $ 667,500 Cost of goods sold   302,000 Gross profit   365,500 Operating expenses (excluding depreciation) $ 149,400   Depreciation expense 37,750 187,150 Other gains (losses)     Loss on sale of equipment   (22,125) Income before taxes   156,225 Income taxes expense   48,050 Net income   $ 108,175   FORTEN COMPANY Comparative Balance Sheets December 31   Current Year…

Alex Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2024, Alex Company reports the following: Sales on account Cash sales Decrease in accounts receivable Increase in accounts payable Increase in inventory Cost of goods sold $2100000 O $1611000 $1755000 O $1395000 O $1539000 1110000 915000 108000 72000 1575000 What amount of cash payments to suppliers will be reported by Alex Company for the year ended December 31, 2024?

Preparing the Statement of Cash Flows: Indirect Method E8A. Keeper Corporation's income statement for the year ended June 30, 2014, and its comparative balance sheets for June 30, 2014 and 2013 follow. Keeper Corporation Income Statement For the Year Ended June 30, 2014 Sales Cost of goods sold Gross margin Operating expenses Operating income Interest expense Income before income taxes Income taxes expense Net income Assets Keeper Corporation Comparative Balance Sheets June 30, 2014 and 2013 Cash Accounts receivable (net) Inventory Prepaid expenses Furniture Accumulated depreciation-furniture Total assets Liabilities and Stockholders' Equity Accounts payable Income taxes payable Notes payable (long-term) Common stock, $10 par value Retained earnings Total liabilities and stockholders' equity 2014 $ 69,900 21,000 43,400 3,200 55,000 (9,000) $183,500 $ 13,000 1,200 37,000 115,000 17,300 $183,500 $234,000 156,000 $ 78,000 45,000 $ 33,000 2,800 $ 30,200 12,300 $ 17,900 2013 $ 12,500 26,000…

Computing cash flow items—direct method A-One Mobile Homes reported the following in its financial statements for the year ended December 31,2018: Requirements Compute the collections from customers. Compute payments for merchandise inventory. Compute payments of other operating expenses. Compute the acquisitions of property, plant, and equipment (no sales of property during 2018). Compute the amount of borrowing, with A-One paying no long-term liabilities. Compute the cash receipt from issuance of common stock. Compute the payment of cash dividends.

What was the amount of net cash provided by operating activities for the year ended September 26, 2015? For the year ended September 27, 2014? What was the amount of increase or decrease in cash and cash equivalents for the year ended September 26, 2015? For the year ended September 27, 2014? Which method of computing net cash provided by operating activities does Apple use? From your analysis of the 2015 statement of cash flows, did the change in accounts receivable require or provide cash? Did the change in inventories require or provide cash? Did the change in accounts payable require or provide cash? What was the net outflow or inflow of cash from investing activities for the year ended September 26, 2015?  What was the amount of income taxes paid in the year ended September 26, 2015?