The balance sheets and some associated income statement data for a 12 and 3 for Box Rotatine are presented in the tables below. Using this information, computer Net Cash Flows from Operating Activities for the company for Year that is, NCF from Operating Activities from the end of Year 1 to the end of Year 2 BigBox Retail, Inc. Balance Sheets for the Yoars Ending December 31, (all amounts in dollars) Cash Accounts receivable Inventory Total current assets Net fixed assets Total assets Year 1 10.560 73.920 49 280 133.760 218,240 352.000 Year 2 16.040 88.220 52,130 156,390 244.610 401.000 Year3 12.750 97.750 51.000 161,500 263,500 425,000 Notes payable 3.520 8,020 Accounts payable 24,640 24.060 Accruals 3.520 8,020 Total current liabilities 31,680 40.100 Long-term debt 112,640 132,330 Common stock 63,360 68,170 Capital surplus 10,560 8.020 Retained earnings 133.760 152,380 Total liabilities and equity 352.000 401.000 Additional Data from Associated Income Statements: Year 1 Year 2 Sales, net 704,000 802,000 Depreciation expense 18,260 19.010 Net Income 14.080 16.040 4.250 25,500 4.250 34.000 136.000 76,500 12.750 165.750 425,000 Year 3 850.000 19,620 17.000 1) $25,340 MacBook Pro 2 8 W E R T S D F 425.000 Total assets 352.000 401.000 Notes payable 3.520 8.020 Accounts payable 24.640 24.060 Accruals 3.520 8.020 Total current liabilities 31,680 40.100 Long-term debt 112.640 132.330 Common stock 63 360 68,170 Capital surplus 10.560 8.020 Retained earnings 133.760 152,380 Total abilities and equity 352 000 401.000 Additional Data from Associated Income Statements: Year 1 Year 2 Sales, net 704,000 802.000 Depreciation expense 18.260 19.010 Net income 14.080 16.040 4250 25 500 4.250 34 000 136.000 76,500 12.750 165.750 425.000 Year 3 850.000 19 620 17.000 1) $25,340 2) $25,890 3) $21,820 4) $24.270 5) $23,190 Previous Page Next Page Page 35 of 53 MacBook Pro E R T Y