Delfinio's has total revenues of $4,315, selling and administrative expenses of $611, depreciation of $309, cost...

Question

Question

Delfinio's has total revenues of $4,315, selling and administrative expenses of $611, depreciation of $309, cost...

Delfinio's has total revenues of $4,315, selling and administrative expenses of $611, depreciation of $309, cost of goods sold of $2,403, taxes of $178, dividends of $80, and interest expense of $168. What is the amount of the non-cash items?

business finance

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

The Non cash transaction is only depreciation expenses in the above list.

Therefore, The total of non cash items is $ 309.

Add a comment

Answer 2

Similar Homework Help Questions

Upton Industries has revenues of $42,629, interest expense of $1,230, depreciation of $2,609, cost of goods...

Upton Industries has revenues of $42,629, interest expense of $1,230, depreciation of $2,609, cost of goods sold of $23,704, dividends paid of $1,200, and administrative expenses of $7,040. Assume the tax rate is 22 percent. What is the addition to retained earnings?
Selling and administrative expense Depreciation expense Sales Interest expense Cost of goods sold Taxes 312,000 195,000...

Selling and administrative expense Depreciation expense Sales Interest expense Cost of goods sold Taxes 312,000 195,000 1,680,000 121,000 550,000 166,000 Jonas Brothers Cough Drops Income Statement
Income Statement- December 31, 2014 to December 31, 2015 Operating Revenues and Expenses Operating Revenues $1,000...

Income Statement- December 31, 2014 to December 31, 2015 Operating Revenues and Expenses Operating Revenues $1,000 Sales Returns 22,400 250 22,150 Total Operating Revenues Operating Expenses Cost of goods and services sold 6,000 3,000 6,000 900 250 6,000 600 22,750 Labor Materials Indirect cost Selling and promotion Depreciation General and administrative Lease payment Total Operating Expense Total Operating Income -600 Nonoperating Revenues and Expenses Rents Interest receipts Interest payments 30 200 -80 150 Total nonoperating Income Net Income before Tax...

Moby Slim Corporation has sales of $4,603,137; income tax of $537,703; the selling, general and administrative...

Moby Slim Corporation has sales of $4,603,137; income tax of $537,703; the selling, general and administrative expenses of $269,936; depreciation of $337,075; cost of goods sold of $2,594,782; and interest expense of $151,396. Calculate the amount of the firm's after-tax cash flow from operations?
DATA Sales $500,000 Cost of goods sold $100,000 General and administrative expenses $60,000 Depreciation expenses 9,000...

DATA Sales $500,000 Cost of goods sold $100,000 General and administrative expenses $60,000 Depreciation expenses 9,000 Interest expense 11,000 Income taxes 99,200 Given the information above, please prepare a) the income statement in good form, (b) the common-sized income statement.
True or False Research & Development is an Operating Expense. Cost of revenues include selling, general...

True or False Research & Development is an Operating Expense. Cost of revenues include selling, general & administrative expenses. Gross profit is calculated by dividing gross margin by revenues. Interest income is earned on a company’s cash and marketable securities. Non-operating income (expenses) are interest and other income (or expenses) unrelated to the provision of goods or services. Research and development are expenses incurred in enhancing and innovating products. Cost of revenues is calculated by subtracting operating expenses from revenues....

$3.806 Woodlands Inc. 2015 Income Statement ($ in millions) Total operating revenues Cost of goods sold...

$3.806 Woodlands Inc. 2015 Income Statement ($ in millions) Total operating revenues Cost of goods sold 2,315 Selling, general, and administrative expenses 546 Depreciation 311 Earnings before interest and taxes (EBIT) Interest expense $634 170 Pretax income Taxes $464 162 $302 Net income 75 Dividends 2015 2014 $ 686$ 613 Assets Cash and equivalents Accounts receivable Inventory Net property & equipment Intangible assets Woodlands Inc. Balance Sheet ($ in millions) 2015 2014 Liabilities and Stockholders' Equity $ 503 $ 227...
The company’s variable selling and administrative expense per unit is $3.30. Fixed selling and administrative expenses i...

The company’s variable selling and administrative expense per unit is $3.30. Fixed selling and administrative expenses include advertising expenses of $11,000 per quarter, executive salaries of $53,000 per quarter, and depreciation of $33,000 per quarter. In addition, the company will make insurance payments of $4,000 in the first quarter and $4,000 in the third quarter. Finally, property taxes of $7,200 will be paid in the second quarter. Required: Prepare the company’s selling and administrative expense budget for the upcoming...
SOURCES Net sales Cost of goods sold Selling expenses Administrative expenses Dividend revenue Interest revenue $1,324,900...

SOURCES Net sales Cost of goods sold Selling expenses Administrative expenses Dividend revenue Interest revenue $1,324,900 788.800 67,600 54,300 27,900 8,170 Write-off of inventory due to obsolescence Depreciation expense omitted by accident in 2016 Casualty loss Cash dividends declared Retained earnings at December 31, 2016 Effective tax rate of 34% on all items $80.970 46,300 51.500 46,010 1,020,840 Prepare a multiple-step income statement for 2017. Assume that 52.230 shares of common stock are outstanding. Round earning share SHOW LIST OF...

Suppose Dansko Integrated has the following revenue and expenses for 2019: Revenues of $8,500,000 Cost of...

Suppose Dansko Integrated has the following revenue and expenses for 2019: Revenues of $8,500,000 Cost of Goods Sold of $2,550,000 Depreciation Expenses of $800,000 Income Taxes of $1,144,000 Interest Expenses of $90,000 Other Expenses of $500,000 Sales, General, & Administrative Expenses of $1,700,000 Create an income statement with amounts in thousands What is the value of Gross Income? Please specify your answer in the same units as the income statement.

Delfinio's has total revenues of $4,315, selling and administrative expenses of $611, depreciation of $309, cost...

Homework Answers

Add Answer to:
Delfinio's has total revenues of $4,315, selling and administrative expenses of $611, depreciation of $309, cost...

Post as a guest

Earn Coins

Upton Industries has revenues of $42,629, interest expense of $1,230, depreciation of $2,609, cost of goods...

Selling and administrative expense Depreciation expense Sales Interest expense Cost of goods sold Taxes 312,000 195,000...

Income Statement- December 31, 2014 to December 31, 2015 Operating Revenues and Expenses Operating Revenues $1,000...

Moby Slim Corporation has sales of $4,603,137; income tax of $537,703; the selling, general and administrative...

DATA Sales $500,000 Cost of goods sold $100,000 General and administrative expenses $60,000 Depreciation expenses 9,000...

True or False Research & Development is an Operating Expense. Cost of revenues include selling, general...

$3.806 Woodlands Inc. 2015 Income Statement ($ in millions) Total operating revenues Cost of goods sold...

The company’s variable selling and administrative expense per unit is $3.30. Fixed selling and administrative expenses i...

SOURCES Net sales Cost of goods sold Selling expenses Administrative expenses Dividend revenue Interest revenue $1,324,900...

Suppose Dansko Integrated has the following revenue and expenses for 2019: Revenues of $8,500,000 Cost of...

Delfinio's has total revenues of $4,315, selling and administrative expenses of $611, depreciation of $309, cost...

Homework Answers

Add Answer to: Delfinio's has total revenues of $4,315, selling and administrative expenses of $611, depreciation of $309, cost...

Post as a guest

Earn Coins

Add Answer to:
Delfinio's has total revenues of $4,315, selling and administrative expenses of $611, depreciation of $309, cost...