« previous next »

Author Question: Refer to the Savoy Corporation Income Statement Accounts. What is the cash flow for the Savoy ... (Read 79 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
on: Jul 10, 2018
Refer to the Savoy Corporation Income Statement Accounts. What is the cash flow for the Savoy Corporation for 2014?
 
  A) 193,000
  B) 261,900
  C) 135,100
  D) 272,000

Question 2

Refer to the Savoy Corporation Income Statement Accounts. What is the net income for the Savoy Corporation for 2014?
 
  A) 135,900
  B) 272,000
  C) 261,100
  D) 345,000


voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: B
Explanation: B) Cash Flow = Net Income + Depreciation = 135,900 + 126,000 = 261,900.

Answer to Question 2

Answer: A
Explanation: A) 836,000 - 345,000 - 93,000 - 126,000 -79,000 - 57,100 = 135,900.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Blood Flow through heart Blood Flow through heart
The correct statement about hormones-insulin and glucagon The correct statement about hormones-insulin and glucagon
A typical bank statement. A typical bank statement.
With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ... With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ...
How the Distribution of Education Affects the Distribution of Income How the Distribution of Education Affects the Distribution of Income
How many electrons flow past a given cross section of the wire in 10.3 min? electrons How many electrons flow past a given cross section of the wire in 10.3 min? electrons
Video: Mutations and translation

For a complete list of videos, visit our video library