Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
Item Prior year Current year Accounts payable 8,110.00 7,871.00 Accounts receivable 6,058.00 6,769.00 Accruals 979.00 1,547.00 Cash ??? ??? Common Stock 10,700.00 11,833.00 COGS 12,675.00
Item | Prior year | Current year |
Accounts payable | 8,110.00 | 7,871.00 |
Accounts receivable | 6,058.00 | 6,769.00 |
Accruals | 979.00 | 1,547.00 |
Cash | ??? | ??? |
Common Stock | 10,700.00 | 11,833.00 |
COGS | 12,675.00 | 18,280.00 |
Current portion long-term debt | 5,071.00 | 5,033.00 |
Depreciation expense | 2,500 | 2,773.00 |
Interest expense | 733 | 417 |
Inventories | 4,240.00 | 4,791.00 |
Long-term debt | 13,126.00 | 13,225.00 |
Net fixed assets | 51,870.00 | 54,038.00 |
Notes payable | 4,302.00 | 9,955.00 |
Operating expenses (excl. depr.) | 13,977 | 18,172 |
Retained earnings | 28,271.00 | 30,212.00 |
Sales | 35,119 | 46,943.00 |
Taxes | 2,084 | 2,775 |
what is the firm's cash flow from operations?
what is the firm's cash flow from financing?
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
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started