Question 7 (10 points) Listen W Amalgamated Industries' financial statements show the following balances: Accounts...

60.1K

Verified Solution

Question

Accounting

image
image
Question 7 (10 points) Listen W Amalgamated Industries' financial statements show the following balances: Accounts Payable 550; Accounts Receivable 500; Cash 250; Depreciation -450; Long Term Debt-500; Prepaid Rent 1000; Retained Earnings 2,000; Taxes Payable= 200; Unearned Fees 350. What is its Net Working Capital? $2,200 $1,650 $750 $650 $150 Question 8 (10 points) 4) Listen Amalgamated Industries has Sales of 1,000, COGS of 250, Administrative Expenses of 350, and Depreciation of 300. If Interest Expense is 50, and Taxes are 25, what is their Operating Cash Flow? $400 ($225) ($175) $375 $675

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