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Nextvel Consulting LLC. Case Study, prepare a flow of funds statement using the following information Additional information The company paid $5,000 in interest expense Depreciation
Nextvel Consulting LLC. Case Study, prepare a flow of funds statement using the following information
Additional information
The company paid $5,000 in "interest expense"
Depreciation was $83,000
Dividends were paid in the amount of $4,000
"taxes" were paid in the amount of $50,000
Assets Cash Account Receivable Inventories Net Fixed Assets Total Assets Liabilities and Equity Account Payable Accrued Expenses Bank Loans $ 21,000 $ 91,000 91,000 501,000 704,000 $ $ $ 2012 Common Stock Retained Earnings Total Lia & Equity $ 160,000 $ 91,000 41,000 81,000 331,000 704,000 $ 2013 13,000 131,000 91,000 619,000 854,000 236,000 96,000 40,000 81,000 401,000 854,000
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