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The following is financial information for three companies: (List items that increase cash flow first.) Sales revenue NuVu Ltd. $375,000 210,000 65,000 6,500 3,000 18,000
The following is financial information for three companies: (List items that increase cash flow first.) Sales revenue NuVu Ltd. $375,000 210,000 65,000 6,500 3,000 18,000 7,000 ABC Inc. $573,000 330,000 90,000 18,000 1,000 35,000 5,000 Akhtar Ltd. $930,000 620,000 105,000 28,000 2,000 45,000 25,000 Cost of goods sold Selling and administrative expenses Depreciation expense Interest expense Income tax expense Dividends paid Increase/(Decrease) in Accounts receivable Inventory Property, plant, and equipment Accounts payable Interest payable Income tax payable Mortgage payable Common shares (2,500) 4,000 50,000 3,500 (1,500) 2,500 20,000 30,000 5,000 (8,000) (10,000) (6,500) 1,200 (1,500) (40,000) (5,000) (8,500) 14,000 60,000 4,200 (500) 6,500 10,000 (80,000) For each of the above companies, calculate the cash flow from operations using the indirect method. Cash Flow from Operations NuVu Ltd. ABC Inc. Akhtar Ltd. $ $ $ Cash Flow from Operations $ $ $ $
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