Question
PART 2: Company Y: Statement of Cash Flows (201X) End of last year Cash from Operations Operating Activities Net income $ 44,220 Add (sources of
PART 2: Company Y: Statement of Cash Flows (201X) End of last year Cash from Operations Operating Activities Net income $ 44,220 Add (sources of cash): Depreciation 20,000 Increase in A/P 29,600 Increase in accruals 4,000 Subtract (uses of cash): Increase in A/R (50,800) Increase in inventories (120,800) Net cash provided by operations ($ 73,780) Cash from Investing Investment in fixed assets (36,000) Cash from Financing Increase in notes payable $ 25,000 Increase in long-term debt 101,180 Payment of cash dividends (22,000) Net cash from financing $ 104,180 Net Change in Cash ($ 5,600) Plus: Cash at beginning of year 57,600 Cash at end of year $ 52,000
What Can You Conclude about Company Ys Financial Condition from its Statement of Cash Flows? Briefly discuss Net operating cash flow (define and find the value) The change in debt position and why the position changed. Net change in cash account, what does this mean to the company?
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