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-   -   Revenue, Net income? (https://www.askmehelpdesk.com/showthread.php?t=596502)

  • Sep 9, 2011, 10:37 AM
    a123123
    Revenue, Net income?
    In 2012, company billed its customers $66,000 for services performed. The company collected $46,200 of the amount billed. Company incurred $41,600 of other operating expenses on account. Company paid $32,900 of the accounts payable. Cherry Design acquired $41,000 cash from the issue of common stock. The company invested $21,000 cash in the purchase of land.
    So far I have come to get that
    Cash: $33300
    Account recivable: $19800
    Land: $21000
    Account payable :$8700
    Common stock: $41000
    Retained earnings: $24400

    Net Income:?
    Net Flow from operating activities:?
    What is the amount of revenue:?
    What is the cash flow from revenue:?
    Net cash flow from investing activities:?
    Net cash flow from financial activities:?

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