Question
Category Prior Year Current Year Accounts payable 3,170.00 5,925.00 Accounts receivable 6,963.00 9,097.00 Accruals 5,705.00 6,024.00 Additional paid in capital 20,449.00 13,122.00 Cash ??? ???
| Category | Prior Year | Current Year |
| Accounts payable | 3,170.00 | 5,925.00 |
| Accounts receivable | 6,963.00 | 9,097.00 |
| Accruals | 5,705.00 | 6,024.00 |
| Additional paid in capital | 20,449.00 | 13,122.00 |
| Cash | ??? | ??? |
| Common Stock | 2,850 | 2,850 |
| COGS | 22,548.00 | 18,757.00 |
| Current portion long-term debt | 500 | 500 |
| Depreciation expense | 980.00 | 969.00 |
| Interest expense | 1,261.00 | 1,144.00 |
| Inventories | 3,018.00 | 6,724.00 |
| Long-term debt | 16,774.00 | 22,744.00 |
| Net fixed assets | 75,276.00 | 74,135.00 |
| Notes payable | 4,012.00 | 6,507.00 |
| Operating expenses (excl. depr.) | 19,950 | 20,000 |
| Retained earnings | 35,332.00 | 34,342.00 |
| Sales | 46,360 | 45,170.00 |
| Taxes | 350 | 920 |
THIS IS A 3-part questions.
A.What is the firm's cash flow from financing?
B. What is the firm's cash flow from investing?
C. What is the firm's total change in cash from the prior year to the current year?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
ISE International Financial Management
Authors: Cheol Eun, Bruce Resnick, Tuugi Chuluun
9th International Edition
1260575314, 9781260575316
