Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Item Prior year Current year Accounts payable 8,154.00 7,840.00 Accounts receivable 6,080.00 6,682.00 Accruals 969.00 1,537.00 Cash ??? ??? Common Stock 11,321.00 11,897.00 COGS 12,718.00
Item | Prior year | Current year |
Accounts payable | 8,154.00 | 7,840.00 |
Accounts receivable | 6,080.00 | 6,682.00 |
Accruals | 969.00 | 1,537.00 |
Cash | ??? | ??? |
Common Stock | 11,321.00 | 11,897.00 |
COGS | 12,718.00 | 18,031.00 |
Current portion long-term debt | 4,973.00 | 4,915.00 |
Depreciation expense | 2,500 | 2,804.00 |
Interest expense | 733 | 417 |
Inventories | 4,262.00 | 4,793.00 |
Long-term debt | 14,270.00 | 14,644.00 |
Net fixed assets | 50,181.00 | 54,581.00 |
Notes payable | 4,341.00 | 9,988.00 |
Operating expenses (excl. depr.) | 13,977 | 18,172 |
Retained earnings | 28,382.00 | 29,271.00 |
Sales | 35,119 | 45,303.00 |
Taxes | 2,084 | 2,775 |
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