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What is the correct formula that gives the numbers that are bolded Big Rock Candy Mountain Mining Co. Statement of Cashflows For the Year Ended
What is the correct formula that gives the numbers that are bolded
Big Rock Candy Mountain Mining Co. | |||
Statement of Cashflows | |||
For the Year Ended Decemeber 31, 2016 | |||
Cash Flows from Operations | |||
Net Income | $14,985 | ||
Depreciation Expense | $26,820 | ||
Change in Accounts Receivable | $1,010 | ||
Change in Inventories | $1,580 | ||
Change in Accounts Payable | $2,500 | ||
Change in Other Current Liabilities | $110 | ||
Total Cash Flows from Operations | $47,005 | ||
Cash Flows from Investing | |||
Change in Plant & Equipment | ($8,580) | ||
Total Cash Flows from Investing | ($8,580) | ||
Cash Flows from Financing | |||
Change in Long-term Debt | ($5,900) | ||
Change in Common Stock | $0 | ||
Change to Cash Dividends Paid to Shareholders | $14,985 | ||
Total Cash Flows from Financing | $9,085 | ||
Net Change in Cash Balance | $47,510 |
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