Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 432 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 07 Nov 2017 My Price 8.00

ORWELL, INC.

Use the indirect method to prepare the cash provided or used from operating activities section only of the statement of cash flows for this company.

 

ORWELL, INC.

 

           Income Statement

 

For Year Ended December 31, 2011

 

Sales . . . . . . . . . . . . . . . . . . . . . . . . . .                        $468,000

 

Cost of goods sold . . . . . . . . . . . . . .                           312,000

 

Gross profit . . . . . . . . . . . . . . . . . . . .                         156,000

 

Operating expenses

 

Depreciation expense . . . . . . . . . $38,600

 

Other expenses . . . . . . . . . . . . . . 57,000                                    95,600

 

Income before taxes . . . . . . . . . . . . .                            60,400

 

Income taxes expense . . . . . . . . . . .                             24,600

 

Net income . . . . . . . . . . . . . . . . . . . . $ 35,800

 

 

 

 

 

 


Answers

Maurice Tutor
(5)
Status NEW Posted 07 Nov 2017 10:11 PM My Price 8.00

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