The following is financial information for three companies: (List items that increase cash flow first.) Sales...
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The following is financial information for three companies: (List items that increase cash flow first.) Sales revenue Cost of goods sold Selling and administrative expenses Depreciation expense Interest expense Income tax expense Dividends paid Increase/(Decrease) in Accounts receivable Inventory Property, plant, and equipment Accounts payable Interest payable Income tax payable Mortgage payable Common shares NuVu Ltd. $375,000 210,000 65,000 6,500 3,000 18,000 7,000 (2,500) 4,000 50,000 3,500 (1,500 ) 2,500 20,000 30,000 ABC Inc. $573,000 330,000 90,000 18,000 1,000 35,000 5,000 5,000 (8,000) (10,000 ) (6,500 ) 1,200 (1,500 ) (40,000) (5,000 ) Akhtar Ltd. $930,000 620,000 105,000 28,000 2,000 45,000 25,000 (8,500 ) 14,000 60,000 4,200 (500 ) 6,500 10,000 (80,000 ) The following is financial information for three companies: (List items that increase cash flow first.) Sales revenue Cost of goods sold Selling and administrative expenses Depreciation expense Interest expense Income tax expense Dividends paid Increase/(Decrease) in Accounts receivable Inventory Property, plant, and equipment Accounts payable Interest payable Income tax payable Mortgage payable Common shares NuVu Ltd. $375,000 210,000 65,000 6,500 3,000 18,000 7,000 (2,500) 4,000 50,000 3,500 (1,500 ) 2,500 20,000 30,000 ABC Inc. $573,000 330,000 90,000 18,000 1,000 35,000 5,000 5,000 (8,000) (10,000 ) (6,500 ) 1,200 (1,500 ) (40,000) (5,000 ) Akhtar Ltd. $930,000 620,000 105,000 28,000 2,000 45,000 25,000 (8,500 ) 14,000 60,000 4,200 (500 ) 6,500 10,000 (80,000 )
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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