accounting

posted by .

During the latest accounting period, the company experienced a net loss of $800,000 yet its cash increased $300,000 during the same period. What are some of the reasoning for this?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Accounting

    Max Stevenson owns a local drug store. During the past few years, the economy has been experiencing a period of high inflation. Stevenson has had the policy of withdrawing cash from his business equal to 80% of the company's reported …
  2. accounting

    If total assets decreased by $47,000 during a period of time and owner's equity increased by $24,000 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is ________. …
  3. accounting

    If total liabilities decreased by $25,000 during a period of time and owner's equity increased by $30,000 during the same period, the amount and direction (increase or decrease) of the period's change in total assets is
  4. Accounting

    started the accounting period with $30000 in cash assets, $18000 of liabilities and 4000 - common stock. During the yer earned $48000, paid cash expenses of $32,000, paid a cash dividend to stockholders - $2000. Aquired $10,000 addition …
  5. accounting

    If total liabilities decreased by $25,000 during a period of time and owner's equity increased by $30,000 during the same period, the amount and direction (increase or decrease) of the period's change in total assets is ________
  6. econ

    1) during last year a company went through $800,000 worth of net loss. yet its cash increased 300,000 during the same period of time. How could this occur. Please help confused!
  7. accounting

    O'Hara Inc. made sales of $310,000 during 2008, it's first year of operations. Of this, $15,000 remained in accounts receivable at the end of the year. Additionally, the company paid and incurred $270,000 in expenses during the year. …
  8. accounting

    Part 5 Cash Budgeting Landis Company has the following sales forecasts for the selected three-month period in the current year: Month Sales April $12,000 May 7,000 June 8,000 Seventy percent of sales are collected in the month of the …
  9. Accounting

    Department S had no work in process at the beginning of the period , 18,000 units were started during the period, 2,000 units were 30% completed at the end of the period, and the following manufacturing costs were debited to the departmental …
  10. Math

    The stockholders’ equity at the beginning of the period was $200,000; at the end of the period, assets were $255,000 and liabilities were $40,000. If the owner made no additional investments or paid no dividends during the period, …

More Similar Questions