This information relates to Harold Corporation:
Sales revenue, $75,000
Salaries and wages expense, $20,000
Rent expense, $10,000
How much was Harold Corporation's net income?
eremiah Company recorded the following cash transactions for the year:
Collected $350,000 from customers
Collected $40,000 from lenders
Paid $20,000 to purchase office equipment.
Paid $100,000 for salaries.
Paid $10,000 in dividends.
Paid $80,000 of goods and services
What was the company's net cash provided by operating activities for the year?
4th EditionDon Herrmann, J. David Spiceland, Wayne Thomas 9th EditionJames F. Sepe, J. David Spiceland, Mark W. Nelson, Wayne Thomas 16th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield