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Category Prior Year Current Year Accounts payable 3,173.00 5,942.00 Accounts receivable 6,838.00 9,022.00 Accruals 5,615.00 6,173.00...

Category Prior Year Current Year
Accounts payable 3,173.00 5,942.00
Accounts receivable 6,838.00 9,022.00
Accruals 5,615.00 6,173.00
Additional paid in capital 19,963.00 13,839.00
Cash ??? ???
Common Stock 2,850 2,850
COGS 22,240.00 18,207.00
Current portion long-term debt 500 500
Depreciation expense 1,031.00 1,013.00
Interest expense 1,260.00 1,125.00
Inventories 3,001.00 6,711.00
Long-term debt 16,550.00 22,255.00
Net fixed assets 75,087.00 74,059.00
Notes payable 4,033.00 6,509.00
Operating expenses (excl. depr.) 19,950 20,000
Retained earnings 35,621.00 34,677.00
Sales 46,360 45,611.00
Taxes 350 920
What is the firm's cash flow from operations?


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Category Prior Year Current Year
Accounts payable 3,163.00 5,954.00
Accounts receivable 6,821.00 9,054.00
Accruals 5,664.00 6,191.00
Additional paid in capital 19,716.00 13,030.00
Cash ??? ???
Common Stock 2,850 2,850
COGS 22,420.00 18,609.00
Current portion long-term debt 500 500
Depreciation expense 963.00 996.00
Interest expense 1,262.00 1,148.00
Inventories 3,067.00 6,692.00
Long-term debt 16,936.00 22,607.00
Net fixed assets 75,221.00 74,208.00
Notes payable 4,098.00 6,509.00
Operating expenses (excl. depr.) 19,950 20,000
Retained earnings 35,055.00 34,593.00
Sales 46,360 45,384.00
Taxes 350 920
What is the firm's cash flow from financing?

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Expert Solution

Solution to Question-1:
Particulars Prior Year Current Year
Accounts payable 3,173 5,942
Accounts receivable 6,838 9,022
Accruals 5,615 6,173
Additional paid in capital 19,963 13,839
Cash ??????
Common Stock 2,850 2,850
COGS 22,240 18,207
Current portion long-term debt 500 500
Depreciation expense 1,031 1,013
Interest expense 1,260 1,125
Inventories 3,001 6,711
Long-term debt 16,550 22,255
Net fixed assets 75,087 74,059
Notes payable 4,033 6,509
Operating expenses(excl.depr.) 19,950 20,000
Retained earnings 35,621 34,677
Sales 46,360 45,611
Taxes 350 920
Calculation of Net profit after tax of current year:
Sales 45,611
Less: COGS 18,207
Less: Depreciation expense 1,013
Less: Interest Expense 1,125
Less: Operating expenses(exl depn) 20,000
Less: Taxes 920
Net Profit after tax 4,346
Calculation of cash flow from Operations:
Net profit after tax 4,346
Add: Depreciation 1,013
Add:Increase in Accounts payable 2,769
Less: Increase in Accounts receivable 2,184
Add: Increase in Accruals 558
Less: Increase in Inventories 3,710
Add: Increase in Notes Payable 2,476
Net Cash Flow from Operating Activities: 5,268
Solution to Question-2:
Accounts payable 3,163 5,954
Accounts receivable 6,821 9,054
Accruals 5,664 6,191
Additional paid in capital 19,716 13,030
Cash ???
Common Stock 2,850 2,850
COGS 22,420 18,609
Current portion of long trem debt 500 500
Depreciation expense 963 996
Interest expense 1,262 1,148
Inventories 3,067 6,692
Long-term debt 16,936 22,607
Net fixed assets 75,221 74,208
Notes payable 4,098 6,509
Operating expenses (excl depn) 19,950 20,000
Retained earnings 35,055 34,593
Sales 46,360 45,384
Taxes 350 920
Calculation of Net profit after tax of current year:
Sales 45,384
Less: COGS 18,609
Less: Depreciation expense 996
Less: Interest Expense 1,148
Less: Operating expenses(exl depn) 20,000
Less: Taxes 920
Net Profit after tax 3,711
Dividend paid during the year (Closing Retained earnings + Current year net profit after tax-Opening retained earnings) (34593+3711-35055) 3,249
Calculation of Cash Flow from Financing Activities:
Repayment of Additional paid in capital (19716-13030) -6,686
Additional Long term debt taken (22607-16936) 5,671
Dividend paid during the year -3249
Net cash flow from Financing Activities: -4,264

jeff jeffy answered 11 months ago
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