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ion Financial Information December 2009 December 2010 Net Income $2,000 $4,000 Accounts receivable 750 950 Accumulated depreciation 1,000 1,500 Common stock 4,500 5000 Paid-in capital
ion Financial Information December 2009 December 2010 Net Income $2,000 $4,000 Accounts receivable 750 950 Accumulated depreciation 1,000 1,500 Common stock 4,500 5000 Paid-in capital 7,500 8500 Retained earnings 1,500 3,500 Accounts payable 750 750 Based on the information in Table 3-1, calculate the after-tax cash flow (no assets were disposed of during the year, and there was no change in payable) Select one: a. $5,500 b. $4,300 C. $1.450 d. $6,250
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