CASH AND INVESTMENT DECISIONS MGT 159 IN CLASS MATH PRACTICE SHEET # 01 3. Assume you own a confectionary that makes gourmet cupcakes. The financial Statement is as follows: Particulars Sales COGS Operating Expenses Depreciation Expense Net Income Other information's: Income Statement (In dollar) 189,000 (75,600) (81,500) (12,000) 19,900 Account Receivables decreases $ 2,000. Merchandise Inventory increases $ 1,600. Accounts Payable decreases $5,500 How much cash flow from operating activities did your company generate? Solution:

CASH AND INVESTMAET DECSIGNS AiGT isg IN CLASS MATH PARCTICE SHEtT in of 3. Astume you chwn a centectiondery that matint gourmet cuipcakis. The finanelas statecient is as follows: Account Aeceivabies decreases $2,000. Merchandise inventory increases $1,600. Accounts Payable decreases $5,500 How much cash fow from operating activities did your compary generate? Solution