Business, 12.03.2021 15:00 daniel1480
Annapolis Company reported net income of $365,000 for the current year. Depreciation recorded on buildings and equipment amounted to $73,000 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End of Year Beginning of Year Cash
$22,000 $15,000 Accounts receivable
17,000 32,000 Inventory
55,000 65,000 Prepaid insurance
7,500 5,000 Accounts payable
11,000 18,000 Income taxes payable
600 1,200 Instructions
Instructions
Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method.
Answers: 1
Business, 22.06.2019 18:00
Interpreting the income tax expense footnote the income tax footnote to the financial statements of fedex corporation follows. the components of the provision for income taxes for the years ended may 31 were as follows: ($ millions) 2010 2009 2008 current provision domestic federal $ 36 $ (35) $ 514 state and local 54 18 74 foreign 207 214 242 297 197 830 deferred provisions (benefit) domestic federal 408 327 31 state and local 15 48 (2) foreign (10) 7 32 413 382 61 provision for income taxes $ 710 $ 579 $ 891 (a)what is the amount of income tax expense reported in fedex's 2010, 2009, and 2008 income statements?
Answers: 2
Business, 22.06.2019 18:00
Acountry made education free in mandatory up to age 15. it is established 100 new schools to educate kids across the country. as a result, citizens acquired the _ required to work. the school's generated _ for teachers and other staff. in 20 years, to countryside rapid _ and its gdp.
Answers: 3
Business, 22.06.2019 20:40
Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.
Answers: 3
Business, 23.06.2019 10:00
Bagwell's net income for the year ended december 31, year 2 was $189,000. information from bagwell's comparative balance sheets is given below. compute the cash received from the sale of its common stock during year 2. at december 31 year 2 year 1 common stock, $5 par value $ 504,000 $ 453,600 paid-in capital in excess of par 952,000 856,600 retained earnings 692,000 585,600
Answers: 3
Annapolis Company reported net income of $365,000 for the current year. Depreciation recorded on bui...
Mathematics, 08.04.2021 14:00
Chemistry, 08.04.2021 14:00
English, 08.04.2021 14:00
English, 08.04.2021 14:00
Health, 08.04.2021 14:00
Social Studies, 08.04.2021 14:00
English, 08.04.2021 14:00
History, 08.04.2021 14:00
Physics, 08.04.2021 14:00
Mathematics, 08.04.2021 14:00
Mathematics, 08.04.2021 14:00
Computers and Technology, 08.04.2021 14:00
Social Studies, 08.04.2021 14:00
Mathematics, 08.04.2021 14:00