For each of the following companies, calculate the cash flow from operations: ABC Inc Akhtar Ltd. Sales
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ABC Inc Akhtar Ltd. Sales revenue Cost of goods sold Selling and administrative expenses Depreciation expense Interest expense Income tax expense Dividends paid Increase/(Decrease) inu Nu Vu Ltd. S380,000 210,000 65,000 7,000 3,000 18,000 7,000 S575,000 330,000 95,000 18,000 1,000 35,000 5,000 $936,000 620,000 105,000 28,000 2,000 45,000 25,000 Accounts receivable Inventory Property, plant, and equipment Accounts payable Interest payable Income tax payable Mortgage payable Common shares (2,500) 4,000 50,000 3,500 1,500) 2,500 20,000 30,000 5,000 (8,000) (10,000) (6,500) 1,200 (1,500) (40,000) (5,000) (8,500) 14,000 60,000 4,200 (500) 6,500 10,000 (80,000)
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NuVu Ltd ABC Inc Akhter Ltd Net Income 77000 96000 ...View the full answer
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Related Book For
Understanding Financial Accounting
ISBN: 978-1118849385
1st Canadian Edition
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
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