Solved: Prepaid insurance decreased from usd 18000 to usd 14000, Cost Accounting

+44 141 628 6080
[email protected]

Prepaid insurance decreased from usd 18000 to usd 14000

The operating expenses and taxes (including USD 80,000 of depreciation) of a company for a given year were USD 600,000. Net income was USD 350,000. Prepaid insurance decreased from USD 18,000 to USD 14,000 during the year, while wages payable increased from USD 22,000 to USD 36,000 during the year. Compute the cash flows from operating activities under the indirect method.

Solution Preview :

Prepared by a verified Expert

Cost Accounting: Prepaid insurance decreased from usd 18000 to usd 14000

Reference No:- TGS0802983

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Cost Accounting

Q : A 5000-kg mass starts from rest and slides down an incline

a 5000-kg mass starts from rest and slides down an incline that is tilted 5 degrees above the horizontal what is the

Q : A student m 63 kg falls freely from rest and strikes the

a student m 63 kg falls freely from rest and strikes the ground during the collision with the ground he comes to rest

Q : Compound ch32cchch3 contains 8563 g carbon per 1000 g

compound ch32cchch3 contains 8563 g carbon per 1000 g compound calculate the mass g of a sample of ch32cchch3 if it

Q : Would fabric made from silk containing more bulky residues

would fabric made from silk containing more bulky residues bemore or less likely to shrink after a hot water wash and

Q : Prepaid insurance decreased from usd 18000 to usd 14000

the operating expenses and taxes including usd 80000 of depreciation of a company for a given year were usd 600000 net

Q : The plates of a spherical capacitor have radii 350 mm and

the plates of a spherical capacitor have radii 350 mm and 470 mma calculate the capacitancepfb what must be the plate

Q : The solubility of a slaked lime caoh2 in water is 185g100ml

the solubility of a slaked lime caoh2 in water is 185g100ml what volume of 00400 m hcl is needed to neutralize 100ml of

Q : A parallel-plate capacitor in air has a plate separation of

a parallel-plate capacitor in air has a plate separation of 159 cm and a plate area of 250 cm2 the plates are charged

Q : Cmpute the cash flows from operating activities under the

the income statement of a company shows net income of usd 200000 merchandise inventory on january 1 was usd 76500 and

1937005

Questions
Asked

3,689

Active Tutors

1423673

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Ability to form new memories begins painting

A patient who has lost the ability to form new memories begins painting as part of an art therapy class. The patient attends biweekly painting

Behaviour of concern section in her individual care plan

Problem: Following your meeting with Sharon, update the Behaviour of Concern section in her Individual Care Plan (ICP)

Thinking of administering an assessment measure

You are thinking of administering an assessment measure to one of your clients. One factor you would consider in

Discussion about research on memory and aging

Question: Which of the following has been found in much of the research on memory and aging? Question options:

How should one break down the steps in a complex behavior

How should one break down the steps in a complex behavior such that they can be trained using forward or backward chaining?

Practicing independent behavior analyst

As a practicing independent Behavior Analyst, you have received an email from a staff member representing a provider of education

Provide a brief overview of the client demographics

Students will provide a brief overview of the client demographics (fictional name, age, gender identity, marital status, ethnicity, and/or race),