Question
Category Prior Year Current Year Accounts payable 3,143.00 5,921.00 Accounts receivable 6,814.00 8,916.00 Accruals 5,694.00 6,064.00 Additional paid in capital 19,506.00 13,565.00 Cash ??? ???
| Category | Prior Year | Current Year |
| Accounts payable | 3,143.00 | 5,921.00 |
| Accounts receivable | 6,814.00 | 8,916.00 |
| Accruals | 5,694.00 | 6,064.00 |
| Additional paid in capital | 19,506.00 | 13,565.00 |
| Cash | ??? | ??? |
| Common Stock | 2,850 | 2,850 |
| COGS | 22,014.00 | 18,575.00 |
| Current portion long-term debt | 500 | 500 |
| Depreciation expense | 1,029.00 | 1,040.00 |
| Interest expense | 1,272.00 | 1,123.00 |
| Inventories | 3,078.00 | 6,739.00 |
| Long-term debt | 16,992.00 | 22,344.00 |
| Net fixed assets | 75,934.00 | 74,130.00 |
| Notes payable | 4,088.00 | 6,527.00 |
| Operating expenses (excl. depr.) | 19,950 | 20,000 |
| Retained earnings | 35,572.00 | 34,771.00 |
| Sales | 46,360 | 45,417.00 |
| Taxes | 350 | 920 |
What is the firm's net income in the current year?
What is the firm's dividend payment in the current year?
What is the firm's cash flow from operations?
r
Step by Step Solution
3.39 Rating (149 Votes )
There are 3 Steps involved in it
Step: 1
What is the firms net income in the current year 3946 Net income Sales COGS Op...
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
Introduction to Corporate Finance What Companies Do
Authors: John Graham, Scott Smart
3rd edition
9781111532611, 1111222282, 1111532613, 978-1111222284
