Homework Answers
| 1 | Current cash debt coverage ratio | 3.20 | :1 |
| (Net cash provided by operating activities / Average current liabilities) | |||
| [135,640/(35,820 + 48,930)/2] | |||
| 2 | Cash Flow to Debt Ratio | 0.62 | :1 |
| (Net cash provided by operating activities/Total Business Debt) | |||
| [135,640/(185,820 + 248,930)/2] | |||
| 3 | Free Cash Flow | 11,780 | |
| Net Cash Provided by Operating Activities - Capital Expenditures - Dividends | |||
| (135,640 - 59,890 - 63,970) | |||
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please use the attachted statement of cash flows to help
figure out part b, the current...
value: 10.00 points Apex Company prepared the statement of cash flows for the current year that...
value: 10.00 points Apex Company prepared the statement of cash flows for the current year that is shown below: Apex Company Statement of Cash Flows-Indirect Method Operating activities Net income $ 42,000 Adjustments to convert net income to cash basis $ 21,200 (61,100) (25,400) Depreciation Increase in accounts receivable Increase in inventory 10,900 53,600 (11,000) Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable 5,000 (6,800) 35,200 Net cash provided by operating...
Apex Company prepared the statement of cash flows for the current year that is shown below:...
Apex Company prepared the statement of cash flows for the current year that is shown below: $ 40,300 $ 20,300 (60,900) (25, 800) 10,900 54,200 (11,800) 4,700 (8,400) 31,900 Apex Company Statement of Cash Flows-Indirect Method Operating activities: Net income Adjustments to convert net income to cash basis: Depreciation Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable Net cash provided by (used in) operating...
Apex Company prepared the statement of cash flows for the current year that is shown below:...
Apex Company prepared the statement of cash flows for the current year that is shown below: $ 40,300 $ 20,000 (61,100) (26,500) 9,200 54,000 (10,700) 4,700 (10,400) 29,900 Apex Company Statement of Cash Flows-Indirect Method Operating activities: Net income Adjustments to convert net income to cash basis: Depreciation Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable Net cash provided by (used in) operating activities...
Blossom Company Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2017 Cash flows...
Blossom Company Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2017 Cash flows from operating activities Net income $86,081 Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense Decrease in accounts receivable Increase in inventory Decrease in accounts payable Loss on disposal of plant assets $13,277 13,861 (7,295) (3,210) 4,815 21,448 Net cash provided by operating activities Cash flows from investing activities Sale of investments Purchase of equipment 107,529 4,523 35,308) Net...
Apex Company prepared the statement of cash flows for the current year that is shown below...
Apex Company prepared the statement of cash flows for the current year that is shown below Apex Company Statement of Cash Flows-Indirect Method Operating activities: Net income Adjustments to convert net income to cash basis: s 40, 600 Depreciation Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable $ 21,700 (61,200) (25,100) 10,800 53,200 (11,600) 3,600 (8,600) Net cash provided by (used in) operating activities...
Apex Company prepared the statement of cash flows for the current year that is shown below:...
Apex Company prepared the statement of cash flows for the current year that is shown below: Apex Company Statement of Cash Flows—Indirect Method Operating activities: Net income $ 40,600 Adjustments to convert net income to cash basis: Depreciation $ 20,500 Increase in accounts receivable (60,100 ) Increase in inventory (26,300 ) Decrease in prepaid expenses 9,700 Increase in accounts payable 54,200 Decrease in accrued liabilities (11,600 ) Increase in income taxes payable 3,500 (10,100 ) Net cash provided by (used...
Apex Company prepared the statement of cash flows for the current year that is shown below:...
Apex Company prepared the statement of cash flows for the current year that is shown below: Apex Company Statement of Cash Flows—Indirect Method Operating activities: Net income $ 41,500 Adjustments to convert net income to cash basis: Depreciation $ 20,600 Increase in accounts receivable (60,200 ) Increase in inventory (26,000 ) Decrease in prepaid expenses 10,400 Increase in accounts payable 53,400 Decrease in accrued liabilities (10,600 ) Increase in income taxes payable 4,900 (7,500 ) Net cash provided by (used...
Apex Company prepared the statement of cash flows for the current year that is shown below:...
Apex Company prepared the statement of cash flows for the current year that is shown below: Apex Company Statement of Cash Flows—Indirect Method Operating activities: Net income $ 41,500 Adjustments to convert net income to cash basis: Depreciation $ 21,300 Increase in accounts receivable (61,300 ) Increase in inventory (25,900 ) Decrease in prepaid expenses 9,600 Increase in accounts payable 53,300 Decrease in accrued liabilities (11,000 ) Increase in income taxes payable 4,600 (9,400 ) Net cash provided by (used...
The current period statement of cash flows includes the following: Cash balance at the beginning of...
The current period statement of cash flows includes the following: Cash balance at the beginning of the period $457,504 Net cash flow from operating activities 181,754 Net cash flow used for investing activities 49,950 Net cash flow used for financing activities 102,883 The cash balance at the end of the period is a. $486,425 b. $792,091 c. $536,375 O d. $304,671 The current period statement of cash flows includes the following: Cash balance at the beginning of the period $457,504...
On the Statement of Cash Flows, cash receipts from the sale of common stock of your...
On the Statement of Cash Flows, cash receipts from the sale of common stock of your company to investors are reported in the operating activities section. O investing activities section. financing activities section. O schedule of noncash investing and financing activities. Question 29 (2 points) On the statement of cash flows using the indirect method, patent amortization expense will O be added to net income in the operating section. be deducted from net income in the operating section. appear as...
value: 10.00 points Apex Company prepared the statement of cash flows for the current year that is shown below: Apex Company Statement of Cash Flows-Indirect Method Operating activities Net income $ 42,000 Adjustments to convert net income to cash basis $ 21,200 (61,100) (25,400) Depreciation Increase in accounts receivable Increase in inventory 10,900 53,600 (11,000) Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable 5,000 (6,800) 35,200 Net cash provided by operating...
Apex Company prepared the statement of cash flows for the current year that is shown below: $ 40,300 $ 20,300 (60,900) (25, 800) 10,900 54,200 (11,800) 4,700 (8,400) 31,900 Apex Company Statement of Cash Flows-Indirect Method Operating activities: Net income Adjustments to convert net income to cash basis: Depreciation Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable Net cash provided by (used in) operating...
Apex Company prepared the statement of cash flows for the current year that is shown below: $ 40,300 $ 20,000 (61,100) (26,500) 9,200 54,000 (10,700) 4,700 (10,400) 29,900 Apex Company Statement of Cash Flows-Indirect Method Operating activities: Net income Adjustments to convert net income to cash basis: Depreciation Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable Net cash provided by (used in) operating activities...
Blossom Company Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2017 Cash flows from operating activities Net income $86,081 Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense Decrease in accounts receivable Increase in inventory Decrease in accounts payable Loss on disposal of plant assets $13,277 13,861 (7,295) (3,210) 4,815 21,448 Net cash provided by operating activities Cash flows from investing activities Sale of investments Purchase of equipment 107,529 4,523 35,308) Net...
Apex Company prepared the statement of cash flows for the current year that is shown below Apex Company Statement of Cash Flows-Indirect Method Operating activities: Net income Adjustments to convert net income to cash basis: s 40, 600 Depreciation Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable $ 21,700 (61,200) (25,100) 10,800 53,200 (11,600) 3,600 (8,600) Net cash provided by (used in) operating activities...
The current period statement of cash flows includes the following: Cash balance at the beginning of the period $457,504 Net cash flow from operating activities 181,754 Net cash flow used for investing activities 49,950 Net cash flow used for financing activities 102,883 The cash balance at the end of the period is a. $486,425 b. $792,091 c. $536,375 O d. $304,671 The current period statement of cash flows includes the following: Cash balance at the beginning of the period $457,504...
On the Statement of Cash Flows, cash receipts from the sale of common stock of your company to investors are reported in the operating activities section. O investing activities section. financing activities section. O schedule of noncash investing and financing activities. Question 29 (2 points) On the statement of cash flows using the indirect method, patent amortization expense will O be added to net income in the operating section. be deducted from net income in the operating section. appear as...
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