Answer:
$86 million
Explanation:
The computation of the net cash flows from operating activities using the indirect method is shown below:
Cash flows from operating activities
Net income $81 million
Add: depreciation expense $9 million
Less: Gain on sale of equipment -$1 million
Less: Increase in account receivable -$3 million
Less: Increase in inventory -$3 million
Add: Increase in account payable $3 million
Net cash flows from operating activities $86 million
The price the model used or new if you have a leased car if you damage it you got to pay
Answer:
Option "B" is the correct answer to the following statement.
Explanation:
A coupon bond contract, also abbreviated to as a holder stock, is a debt with a stamp that also has tiny attachable vouchers. The vouchers grant the buyer the opportunity to make interest charges from the lender.
In a coupon bond, an investor gets the face value of the bond on maturity with a fixed interest payment.
Answer:
USING LIFO METHOD
Nov 1 Opening inventory 20 [email protected]$19 = 380
Nov 4 Sales 10 [email protected]$19 = (190)
Nov 10 Purchases 30 [email protected]$20 = 600
Nov 17 Sales 20 [email protected]$20 = (400)
Nov 30 Purchases 10 [email protected]$21 = <u>210</u>
Cost of merchandise sold <u> 600 </u>
The correct answer is B
Explanation:
In LIFO method of inventory valuation, most recent stocks are issued first. For instance, sales of 10 units in November 4 will be issued from the November 1 opening inventory and valued at the price of opening inventory.November 17 sales will be issued from November 10 purchases and valued at the price of November 10 purchases.
