construct a statment of cash flow for Galaxy United

weig hted avarage CD weig ne of Cafita MBA 5300 Review Isa added in 2009 I ACC FIN 2210-2 Pop Quiz #4 Name: Galaxy United, Inc. 2009 Income Statement 20 sales 627,800 521,400 Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable Income Less: Taxes Net income 95,200 10,100 $85,100 Galaxy United, Inc. 2008 and 2009 Balance Sheets 2008 2009 $17,000 $24,700 Accounts payable $128,600 $134,700 20082009 Cash Accounts rec. 54,100 56,700 Long.term debt Inventory Sub-total Net fixed assets 261,300 279,400 Total 147,500 141,000 125,000 140,000 189 400 186,700 Common stock $260,500 $268,100 Retalned earnings 120,700 131800 $521.800 S547,500 Total $$21. 800 $42,500 The por value of the common stock is $1 per share. weig hted avarage CD weig ne of Cafita MBA 5300 Review Isa added in 2009 I ACC FIN 2210-2 Pop Quiz #4 Name: Galaxy United, Inc. 2009 Income Statement 20 sales 627,800 521,400 Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable Income Less: Taxes Net income 95,200 10,100 $85,100 Galaxy United, Inc. 2008 and 2009 Balance Sheets 2008 2009 $17,000 $24,700 Accounts payable $128,600 $134,700 20082009 Cash Accounts rec. 54,100 56,700 Long.term debt Inventory Sub-total Net fixed assets 261,300 279,400 Total 147,500 141,000 125,000 140,000 189 400 186,700 Common stock $260,500 $268,100 Retalned earnings 120,700 131800 $521.800 S547,500 Total $$21. 800 $42,500 The por value of the common stock is $1 per share