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Given the following selected information on Cicalese's Chocolate, Inc., cash flow from operating activities for the year 20X1? DEC 31 20X0 DEC 31 20X1 EAT
Given the following selected information on Cicalese's Chocolate, Inc., cash flow from operating activities for the year 20X1?
DEC 31 20X0 DEC 31 20X1
EAT $600,000 $790,000
Depreciation Exp.$100,000 $120,000
Dividends $400,000 $550,000
Accounts Receivable $1,500,000 $2,000,000
Inventory $3,500,000 $2,000,000
Accounts Payable/Accruals $350,000 $500,000
Long Term Debt$2,300,000 $3,000,000
Common Stock $2,200,000 $2,500,000
Retailed Earnings $6,150,000 $6,350,000
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