In: Finance
Category | Prior Year | Current Year |
Accounts payable | 3,136.00 | 5,996.00 |
Accounts receivable | 6,804.00 | 9,051.00 |
Accruals | 5,795.00 | 6,074.00 |
Additional paid in capital | 19,731.00 | 13,705.00 |
Cash | ??? | ??? |
Common Stock | 2,850 | 2,850 |
COGS | 22,261.00 | 18,260.00 |
Current portion long-term debt | 500 | 500 |
Depreciation expense | 1,010.00 | 1,002.00 |
Interest expense | 1,278.00 | 1,121.00 |
Inventories | 3,099.00 | 6,654.00 |
Long-term debt | 16,804.00 | 22,416.00 |
Net fixed assets | 75,055.00 | 74,256.00 |
Notes payable | 4,046.00 | 6,518.00 |
Operating expenses (excl. depr.) | 19,950 | 20,000 |
Retained earnings | 35,291.00 | 34,381.00 |
Sales | 46,360 | 45,503.00 |
Taxes | 350 | 920 |
1.What is the firm's cash flow from financing?
Correct answer is : -3052, can someone tell me how they got this