Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
samestepp samestepp
wrote...
Posts: 126
Rep: 0 0
A year ago
Jordan Corporation reported net income of $20,000 and paid cash dividends of $7,000. Changes in balance sheet accounts for the year were as follows:

Increase (Decrease)
Accounts receivable($5,000)
Inventory(3,000)
Property, plant and equipment15,000
Depreciation expense3,000
Accounts payable7,000
Accrued liabilities(3,000)

Based on the above information, what is the amount of net cash provided by operations?

▸ $19,000

▸ $11,000

▸ $35,000

▸ $3,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 28 times
1 Reply
Replies
Answer verified by a subject expert
timmcgraw1994timmcgraw1994
wrote...
Posts: 127
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

samestepp Author
wrote...

A year ago
Correct Slight Smile TY
wrote...

Yesterday
this is exactly what I needed
wrote...

2 hours ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  893 People Browsing
Related Images
  
 346
  
 4425
  
 1035
Your Opinion
How often do you eat-out per week?
Votes: 79