Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please answer everything salud company reports th

please answer everything Salud Company reports the following information. Use the indirect method to...

90.2K

Verified Solution

Question

Accounting

imageplease answer everything

Salud Company reports the following information. Use the indirect method to prepare only the operating activities section of its statement of cash flows for the year ended December 31, 2017. (Amounts to be deducted should be indicated with a minus sign.) Selected 2017 Income Statement Data Net income Depreciation expense Gain on sale of machinery $495,000 Accounts receivable increase 86,000 Prepaid expenses decrease 21,200 Accounts payable increase Selected Year-End 2017 Balance Sheet Data $40,800 16,800 9,600 3,600 Wages payable decrease Cash flows from operating activities et income Adjustments to reconcile net income to operating cash flow Depreciation Gain on sale of machinery Accounts receivable increase Prepaid expense decrease Accounts payable increase Wages payable decrease

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

Briefly describe a one-tailed vs two-tailed t-test in the context of hypothesis testing?

Statistics
Q

1. explain the difference between an ionic, covalent, and hydrogen bond. 2. draw and describe the electronic...

Biology
Q

stress= 2659.588351 psi , force = 522.209 psi/in^2 , area= 0.1963 in^2 , accuracy of load...

Mechanical Engineering
Q

1. What would be the maximum concentration of Toluene (PEL 200 ppm) that an atmosphere could...

Mechanical Engineering
Q

Over a spatial continuum, it is easy to see why some topological solitons like vortices and...

Physics
Q

(1 point) Use the method of undetermined coefficients to find a solution of y???16y?+144y=48e8tcos(9t)+48e8tsin(9t)+5e0t Use a and b...

Advance Math
Q

sing of a certai is given b where P is in dollars and M x...

Calculus
Q

Wickland Company installs a manufacturing machine in its production facility at the beginning of the...

Accounting
Q

Perform a financial analysis for a project using the format provided in Figure 4-5. Assume...

Accounting
Q

Any help is good help. I excluding questions 1-2 on the second image because it's...

Accounting
Q

Based on the following, what is the free cash flow and the cash flow adequacy...

Accounting
Q

Question 1. (36 points) Multiple choice: For each of questions 1.1 through 1.9 below, please...

Finance