Super Grocers, Inc., provided the following financial information for the quarter ending September 30, 2006: Depreciation and amortization – $133,414 Net income – $341,463 Increase in receivables – $112,709 Increase in inventory – $81,336 Increase in accounts payables – $62,411 Decrease in marketable securities – $31,225 What is the cash flow from operating activities generated during this quarter by the firm? a. -$308,458 b. -$374,468 c. $308,458 d. $374,468
Super Grocers, Inc., provided the following financial information for the quarter ending September 30, 2006: Depreciation and amortization – $133,414 Net income – $341,463 Increase in receivables – $112,709 Increase in inventory – $81,336 Increase in accounts payables – $62,411 Decrease in marketable securities – $31,225 What is the cash flow from operating activities generated during this quarter by the firm? a. -$308,458 b. -$374,468 c. $308,458 d. $374,468
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Super Grocers, Inc., provided the following financial information for the quarter ending September 30, 2006:
Increase in receivables – $112,709 Increase in inventory – $81,336
Increase in accounts payables – $62,411
Decrease in marketable securities – $31,225
What is the cash flow from operating activities generated during this quarter by the firm?
a. -$308,458
b. -$374,468
c. $308,458
d. $374,468
Transcribed Image Text:Finore Manufacturing has the following amounts on its 12/31/14 balance sheet.
Cash
Other current assets
Property, plant, & equipment, net of depreciation
Current liabilities
Total Liabilities
$150
$214
$581
$257
$484
397
538
324
504
What was Finore Manufacturing's equity as on December 31, 2014?
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