SlideShare a Scribd company logo
1 of 2
Ross Company, Inc. prepared the tabulation below at December 31, 2010.
NetIncome......................................................................................        $275,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense, $25,000.
Decrease in accounts receivable, $55,000.
Increase in inventory, $12,000
Decrease in accounts payable, $6,600.
Increase in income taxes payable, $1,500
Loss on sale of land, $5,000.
Gain on sale of building $25,500
Decrease in dividends payable, $6,000.
Solution
275+25+5-25.5+6.6+1.5-6+5-7+12=291600
Ross Company- Inc- prepared the tabulation below at December 31- 2010-.docx

More Related Content

More from rtodd15

More from rtodd15 (12)

Select one of the six criteria air pollutants and describe how you wou.docx
Select one of the six criteria air pollutants and describe how you wou.docxSelect one of the six criteria air pollutants and describe how you wou.docx
Select one of the six criteria air pollutants and describe how you wou.docx
 
Select a Health Informatics related article from a mainstream news sou.docx
Select a Health Informatics related article from a mainstream news sou.docxSelect a Health Informatics related article from a mainstream news sou.docx
Select a Health Informatics related article from a mainstream news sou.docx
 
Samuel has been asked to start the implementation of IPv6 on an existi.docx
Samuel has been asked to start the implementation of IPv6 on an existi.docxSamuel has been asked to start the implementation of IPv6 on an existi.docx
Samuel has been asked to start the implementation of IPv6 on an existi.docx
 
Searching a Binary Tree in C Write a C function that accepts a pointer (1).docx
Searching a Binary Tree in C Write a C function that accepts a pointer (1).docxSearching a Binary Tree in C Write a C function that accepts a pointer (1).docx
Searching a Binary Tree in C Write a C function that accepts a pointer (1).docx
 
SAT Chemistry question- The best way to seperate potassium iodide from.docx
SAT Chemistry question- The best way to seperate potassium iodide from.docxSAT Chemistry question- The best way to seperate potassium iodide from.docx
SAT Chemistry question- The best way to seperate potassium iodide from.docx
 
Review Topics) -References Use the References to access important valu.docx
Review Topics) -References Use the References to access important valu.docxReview Topics) -References Use the References to access important valu.docx
Review Topics) -References Use the References to access important valu.docx
 
San Mateo Healthcare had an equity balance of $1-50 million at the beg.docx
San Mateo Healthcare had an equity balance of $1-50 million at the beg.docxSan Mateo Healthcare had an equity balance of $1-50 million at the beg.docx
San Mateo Healthcare had an equity balance of $1-50 million at the beg.docx
 
S12-2 (Learning Objective 1- Explain the purposes of the statement of.docx
S12-2 (Learning Objective 1- Explain the purposes of the statement of.docxS12-2 (Learning Objective 1- Explain the purposes of the statement of.docx
S12-2 (Learning Objective 1- Explain the purposes of the statement of.docx
 
S10-16 (Learning Objective 5- Compute and explain return on assets and.docx
S10-16 (Learning Objective 5- Compute and explain return on assets and.docxS10-16 (Learning Objective 5- Compute and explain return on assets and.docx
S10-16 (Learning Objective 5- Compute and explain return on assets and.docx
 
Salem Corporation is considering implementing a 401k program for its e.docx
Salem Corporation is considering implementing a 401k program for its e.docxSalem Corporation is considering implementing a 401k program for its e.docx
Salem Corporation is considering implementing a 401k program for its e.docx
 
S Wh Cmput listest bekow has the greatest molar solutiliy in water- 4).docx
S Wh Cmput listest bekow has the greatest molar solutiliy in water- 4).docxS Wh Cmput listest bekow has the greatest molar solutiliy in water- 4).docx
S Wh Cmput listest bekow has the greatest molar solutiliy in water- 4).docx
 
Roy and Monica are married and will file a joint return- They have a d.docx
Roy and Monica are married and will file a joint return- They have a d.docxRoy and Monica are married and will file a joint return- They have a d.docx
Roy and Monica are married and will file a joint return- They have a d.docx
 

Recently uploaded

The basics of sentences session 4pptx.pptx
The basics of sentences session 4pptx.pptxThe basics of sentences session 4pptx.pptx
The basics of sentences session 4pptx.pptx
heathfieldcps1
 
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
中 央社
 

Recently uploaded (20)

philosophy and it's principles based on the life
philosophy and it's principles based on the lifephilosophy and it's principles based on the life
philosophy and it's principles based on the life
 
How to Manage Notification Preferences in the Odoo 17
How to Manage Notification Preferences in the Odoo 17How to Manage Notification Preferences in the Odoo 17
How to Manage Notification Preferences in the Odoo 17
 
The basics of sentences session 4pptx.pptx
The basics of sentences session 4pptx.pptxThe basics of sentences session 4pptx.pptx
The basics of sentences session 4pptx.pptx
 
2024_Student Session 2_ Set Plan Preparation.pptx
2024_Student Session 2_ Set Plan Preparation.pptx2024_Student Session 2_ Set Plan Preparation.pptx
2024_Student Session 2_ Set Plan Preparation.pptx
 
Navigating the Misinformation Minefield: The Role of Higher Education in the ...
Navigating the Misinformation Minefield: The Role of Higher Education in the ...Navigating the Misinformation Minefield: The Role of Higher Education in the ...
Navigating the Misinformation Minefield: The Role of Higher Education in the ...
 
Features of Video Calls in the Discuss Module in Odoo 17
Features of Video Calls in the Discuss Module in Odoo 17Features of Video Calls in the Discuss Module in Odoo 17
Features of Video Calls in the Discuss Module in Odoo 17
 
TỔNG HỢP HƠN 100 ĐỀ THI THỬ TỐT NGHIỆP THPT VẬT LÝ 2024 - TỪ CÁC TRƯỜNG, TRƯ...
TỔNG HỢP HƠN 100 ĐỀ THI THỬ TỐT NGHIỆP THPT VẬT LÝ 2024 - TỪ CÁC TRƯỜNG, TRƯ...TỔNG HỢP HƠN 100 ĐỀ THI THỬ TỐT NGHIỆP THPT VẬT LÝ 2024 - TỪ CÁC TRƯỜNG, TRƯ...
TỔNG HỢP HƠN 100 ĐỀ THI THỬ TỐT NGHIỆP THPT VẬT LÝ 2024 - TỪ CÁC TRƯỜNG, TRƯ...
 
REPRODUCTIVE TOXICITY STUDIE OF MALE AND FEMALEpptx
REPRODUCTIVE TOXICITY  STUDIE OF MALE AND FEMALEpptxREPRODUCTIVE TOXICITY  STUDIE OF MALE AND FEMALEpptx
REPRODUCTIVE TOXICITY STUDIE OF MALE AND FEMALEpptx
 
slides CapTechTalks Webinar May 2024 Alexander Perry.pptx
slides CapTechTalks Webinar May 2024 Alexander Perry.pptxslides CapTechTalks Webinar May 2024 Alexander Perry.pptx
slides CapTechTalks Webinar May 2024 Alexander Perry.pptx
 
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
 
Basic Civil Engineering notes on Transportation Engineering, Modes of Transpo...
Basic Civil Engineering notes on Transportation Engineering, Modes of Transpo...Basic Civil Engineering notes on Transportation Engineering, Modes of Transpo...
Basic Civil Engineering notes on Transportation Engineering, Modes of Transpo...
 
[GDSC YCCE] Build with AI Online Presentation
[GDSC YCCE] Build with AI Online Presentation[GDSC YCCE] Build with AI Online Presentation
[GDSC YCCE] Build with AI Online Presentation
 
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
 
Danh sách HSG Bộ môn cấp trường - Cấp THPT.pdf
Danh sách HSG Bộ môn cấp trường - Cấp THPT.pdfDanh sách HSG Bộ môn cấp trường - Cấp THPT.pdf
Danh sách HSG Bộ môn cấp trường - Cấp THPT.pdf
 
An Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptxAn Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptx
 
Morse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxMorse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptx
 
Post Exam Fun(da) Intra UEM General Quiz 2024 - Prelims q&a.pdf
Post Exam Fun(da) Intra UEM General Quiz 2024 - Prelims q&a.pdfPost Exam Fun(da) Intra UEM General Quiz 2024 - Prelims q&a.pdf
Post Exam Fun(da) Intra UEM General Quiz 2024 - Prelims q&a.pdf
 
“O BEIJO” EM ARTE .
“O BEIJO” EM ARTE                       .“O BEIJO” EM ARTE                       .
“O BEIJO” EM ARTE .
 
The Ultimate Guide to Social Media Marketing in 2024.pdf
The Ultimate Guide to Social Media Marketing in 2024.pdfThe Ultimate Guide to Social Media Marketing in 2024.pdf
The Ultimate Guide to Social Media Marketing in 2024.pdf
 
Essential Safety precautions during monsoon season
Essential Safety precautions during monsoon seasonEssential Safety precautions during monsoon season
Essential Safety precautions during monsoon season
 

Ross Company- Inc- prepared the tabulation below at December 31- 2010-.docx

  • 1. Ross Company, Inc. prepared the tabulation below at December 31, 2010. NetIncome......................................................................................        $275,000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense, $25,000. Decrease in accounts receivable, $55,000. Increase in inventory, $12,000 Decrease in accounts payable, $6,600. Increase in income taxes payable, $1,500 Loss on sale of land, $5,000. Gain on sale of building $25,500 Decrease in dividends payable, $6,000. Solution 275+25+5-25.5+6.6+1.5-6+5-7+12=291600