Question: ItemPrior yearCurrent yearAccounts payable 8 , 1 2 8 . 0 0 7 , 9 0 1 . 0 0 Accounts receivable 6 , 0

ItemPrior yearCurrent yearAccounts payable8,128.007,901.00Accounts receivable6,088.006,565.00Accruals1,039.001,648.00Cash??????Common Stock11,696.0012,659.00COGS12,642.0018,185.00Current portion long-term debt5,006.005,071.00Depreciation expense2,5002,848.00Interest expense733417Inventories4,282.004,799.00Long-term debt13,586.0014,093.00Net fixed assets50,169.0054,679.00Notes payable4,355.009,881.00Operating expenses (excl. depr.)13,97718,172Retained earnings28,072.0030,178.00Sales35,11947,107.00Taxes2,0842,775
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

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!