QUESTION
BUS 401 Week 1 Discussion 2 Answer 100% correct
Category: Business
Subject: Accounting
Due Date: 01/17/2016
Question Asked: 2016-01-18 00:02:06
Asked by:
User: easy1
Rating: A+ (7)
Earnings: $382.59
Questions: 35
Tutorials: 53
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BUS 401 Week 1 Discussion 2
BUS 401 Week 1 Discussion 2
Complete Study Problem 3-2 from the end of Chapter 3 and Study Problem 4-5 from the end of Chapter 4, and post the answers to the discussion board. Remember to complete all parts of each problem and report you analysis. Show the necessary steps and explain how you got the outcome.
3-2
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Cash Flows from Operating Activities |
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Net Income (net income = operating income – interest expense– income taxes) |
$33 |
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Adjustments: |
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Depreciation |
12 |
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Increase in accounts receivable |
(25) |
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Increase in inventories |
(30) |
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Increase in account payable |
25 |
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Net Cash provided by operating activities |
$15 |
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Cash Flows from Investing Acitvities |
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Increase in gross fixed assets |
($35) |
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(The change in gross fixed assets is equal to the change in net fixed assets ($23) plus the depreciation expense for the year of $12, resulting in a change in gross fixed assets of $35) |
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Cash Flows from Financing Acitvities |
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Increase in common stock |
$20 |
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Dividens |
($15) |
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Net cash provided by financing activities |
$5 |
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Decrease in Cash |
($15) |
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Beginning Cash |
20 |
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Ending cash |
$5 |
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BUS 401 Week 1 Discussion 2_
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Posted on 2016-01-18 00:02:06
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earnings: $382.59
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... level of x which forces the firm’s current ratio down from 2 to 1 ...
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