Examlex

Solved

The Following Information Should Be Used to According to the Provisions

question 63

Multiple Choice

The following information should be used to according to the provisions of GAAP (Statement of Cash flows) and using the following data.  Net income $50,000 Provision for bad debts 2,000 Increase in inventory 1,000 Increase in accounts payable 2,000 Purchase of new equipment 15,000 Sale of equipment for $10,000 gain 20,000 Depreciation expense 5,000 Repurchase of common stock 10,000 Payment of dividend 4,000 Interest payment 3,000\begin{array} { l r } \text { Net income } & \$ 50,000 \\\text { Provision for bad debts } & 2,000 \\\text { Increase in inventory } & 1,000 \\\text { Increase in accounts payable } & 2,000 \\\text { Purchase of new equipment } & 15,000 \\\text { Sale of equipment for } \$ 10,000 \text { gain } & 20,000 \\\text { Depreciation expense } & 5,000 \\\text { Repurchase of common stock } & 10,000 \\\text { Payment of dividend } & 4,000 \\\text { Interest payment } & 3,000\end{array}
-What is net cash flow from financing?


Definitions:

Couples Therapy

A form of psychotherapy aimed at resolving conflicts and improving relationship satisfaction among couples.

Depressive Symptoms

Indications of depression, including persistent sadness, loss of interest in activities, changes in appetite or weight, and difficulty concentrating.

Evidence-Based

Referring to approaches and interventions that are backed by scientific research demonstrating their effectiveness.

Meta-Analysis

is a statistical technique that combines the results of multiple scientific studies to arrive at a conclusion about a body of research.

Related Questions