Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. pharoah photography reported net income of $96,000

Pharoah Photography reported net income of $96,000 for 2025 . Included in the income statement...

70.2K

Verified Solution

Question

Accounting

image
Pharoah Photography reported net income of $96,000 for 2025 . Included in the income statement were depreciation expense of $5,900, patent amortization expense of $3,600, and a gain on disposal of plant assets of $2,200. Pharoah's comparative balance sheets show the following balances. Calculate net cash provided by operating activities for Pharoah Photography. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).)

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

A company is considering purchasing a new machine that would cost $60,000 and the machine would...

Finance
Q

Find an appropriate buffer system (include the weak acid/base and conjugate base/acid salt) to make 1.0...

Chemistry
Q

How does half-life and pattern of self administration affect withdrawal response?

Psychology
Q

Part A Directions Use the genetic information from the child you produced with your partner...

Biology
Q

A new antiterrorist technique detects the differences in electromagnetic waves emitted by humans and by...

Physics
Q

Eleven tuning forks are arranged in an ascending order of frequencies If each tuning fork...

Physics
Q

Selected financial statement data for Sheffield Company are presented below. Total assets at the beginning...

Accounting
Q

Profit Company has two departments, Assembly and Packaging. Overhead is applied based on direct labor...

Accounting
Q

During 2021, your company completed the following summarized transactions. Prepare journal entries for the following...

Accounting
Q

Williams-Santana Inc. is a manufacturer of high-tech industrial parts that was started in 2009 by...

Accounting
Q

Sunset Drive-Ins borrowed money by issuing $4,500,000 of 5% bonds payable at 90.5. Interest is...

Accounting
Q

nstructions General Journal Shaded Prepare Dynamo's journal entries related to the sales and warranty in...

Accounting