subject
Business, 01.07.2021 16:10 biancaalegriashaffer

The current sections of Pronghorn Corp’s balance sheets at December 31, 2021 and 2022, are presented here. Pronghorn Corp’s net income for 2022 was $183,600. Depreciation expense was $32,400. 2022 2021
Current assets Cash $126,000 $118,800
Accounts receivable 96,000 106,800
Inventory 201,600 206,400
Prepaid expenses 32,400 26,400
Total current assets $456,000 $458,400
Current liabilities Accrued
expenses payable $18,000 $6,000
Accounts payable 102,000 110,400
Total current liabilities $120,000 $116,400

Requried:
Prepare the net cash provided (used) by operating activities section of the company’s statement of cash flows for the year ended December 31, 2022, using the indirect method.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 02:30, leomessifanboy678
Witch is an example of a non durable good?
Answers: 1
image
Business, 22.06.2019 11:30, kimjp56io5
Amano s preguntes cationing to come fonds and consumer good 8. why did the u. s. government use rationing for some foods and consumer goods during world war ii?
Answers: 1
image
Business, 22.06.2019 14:50, kianofou853
Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?
Answers: 3
image
Business, 22.06.2019 15:20, Geo777
Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.
Answers: 3
You know the right answer?
The current sections of Pronghorn Corp’s balance sheets at December 31, 2021 and 2022, are presented...

Questions in other subjects:

Konu
Mathematics, 20.09.2020 02:01
Konu
Mathematics, 20.09.2020 02:01
Konu
Physics, 20.09.2020 02:01