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In: Accounting

Category Prior Year Current Year Accounts payable 3,119.00 5,969.00 Accounts receivable 6,946.00 9,014.00 Accruals 5,653.00 6,124.00...

Category Prior Year Current Year
Accounts payable 3,119.00 5,969.00
Accounts receivable 6,946.00 9,014.00
Accruals 5,653.00 6,124.00
Additional paid in capital 20,137.00 13,644.00
Cash ??? ???
Common Stock 2,850 2,850
COGS 22,083.00 18,478.00
Current portion long-term debt 500 500
Depreciation expense 959.00 961.00
Interest expense 1,278.00 1,167.00
Inventories 3,023.00 6,653.00
Long-term debt 16,617.00 22,681.00
Net fixed assets 75,960.00 73,913.00
Notes payable 4,086.00 6,528.00
Operating expenses (excl. depr.) 19,950 20,000
Retained earnings 35,198.00 34,485.00
Sales 46,360 45,937.00
Taxes 350 920

What is the firm's cash flow from operations?

Solutions

Expert Solution

Particulars Amount
Sales $             45,937
Expenses:
COGS $             18,478
Depreciation $                   961
Interest expense $               1,167
Operating expenses $             20,000
Taxes $                   920
Total expenses $             41,526
Net income $               4,411
Add/ (less):
Depreciation $                   961
Increase in AP $               2,850
(increase) in AR $              (2,068)
(increase) in inventory $              (3,630)
Operating cash flow $               2,524

Operating cash flow is $2,524.

Please rate.

ekkarill92 answered 2 years ago
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