Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 26 5 pts the jon stewart company (jsc) began 20x1

26 5 pts The Jon Stewart Company (JSC) began 20X1 with accounts receivable, inventory and...

60.1K

Verified Solution

Question

Accounting

26 5 pts The Jon Stewart Company (JSC) began 20X1 with accounts receivable, inventory and prepaid expenses totaling $659 and its total current liabilities totaling $321. At the end of 20X1, these same current assets totaled $489, while its current liabilities totaled $205. Net income for the year was $158. Included in net income were a $81 gain on the sale of land and depreciation expense of $22. What amount should JSC report for net cash provided by operating activities? Please enter your answer as a whole number without a dollar ign (e.g., 100)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Given two independent random samples with the following results: n1=13x‾1=180s1=21   n2=9x‾2=163s2=30 Use this data to find the...

Statistics
Q

(a) Find the exact probability of exactly 55 heads in 100 tosses of a coin. (b) Estimate...

Basic Math
Q

20 Ratio of width of principal maxima to the second order maxima in Fraunhofer single...

Physics
Q

A combination lock will open when the right choice of three numbers (from 1 to...

Basic Math
Q

Among all rectangles that have a perimeter of 64 find the dimensions of the one...

Calculus
Q

7 5 2x 6 8 175 23 6 8 9 2x 3 17 2 3x

Algebra
Q

You just bought a bond that matures in four years, has a 10% coupon rate...

Accounting
Q

Please pay attention the different letters, all one question. I'll upvote! ...

Accounting
Q

Read the case Budgeting and Performance Evaluation at the Berkshire Toy Company. Please read the...

Accounting
Q

Post the following February journal entries to the general ledger and calculate the ending balances...

Accounting
Q

this is partial correct give me the full answer You are a tax specialist...

Finance
Q

Show the proper long-term liabilities balance sheet presentation for the liability for bonds payable at...

Accounting