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garik1379 [7]
2 years ago
9

Hemmer Company reported net income for 2016 in the amount of $43,000. The company's financial statements also included the follo

wing:
Decrease in accounts receivable $5,800
Increase in inventory 1,900
Depreciation expense 2,700

What is net cash provided by operating activities?

A. $42,200.
B. $39,100.
C. $49,600.
D. $45,700.
Business
1 answer:
LenKa [72]2 years ago
4 0

Answer:

C. $49,600.

Explanation:

We can find the net cash provided by operating activities using the information given to us in the question. We will start from net income which is $43,000 and then add 5,800 to it because it is a current asset which is decreasing which means that the company received cash for it, then we will subtract 1,900 because it is an increase in inventory and we assume the company paid cash for it because there are no increase in accounts payable, and then we will add 2,700 because depreciation is a non cash expense, therefore we will add it back when we calculate the cash provided by operating activities.

43,000+ 5,800-1,900+2,700=49,600

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Answer:

total manufacturing cost =  $60800

Explanation:

given data

Direct materials used = $24,000

Direct labor = $36,800

Sales salaries  = $19,200

Indirect labor = $4,800

Production manager's salary =  $9,600

Marketing costs = $14,400

Factory lease = $6,400

solution

we get here total manufacturing cost that is express as

total manufacturing cost =  Direct Material + Direct Labor    ..............1

put here value and we get

total manufacturing cost =  $24000  + $36800

total manufacturing cost =  $60800

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Exercise Bicycle Company is expected to pay a dividend in year 1 of $1.20, a dividend in year 2 of $1.50, and a dividend in year
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Answer:

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Explanation:

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