Question

In: Finance

Item Prior year Current year Accounts payable 8,102.00 7,809.00 Accounts receivable 6,028.00 6,680.00 Accruals 983.00 1,392.00...

Item Prior year Current year
Accounts payable 8,102.00 7,809.00
Accounts receivable 6,028.00 6,680.00
Accruals 983.00 1,392.00
Cash ??? ???
Common Stock 11,946.00 12,572.00
COGS 12,688.00 18,343.00
Current portion long-term debt 4,928.00 5,020.00
Depreciation expense 2,500 2,820.00
Interest expense 733 417
Inventories 4,260.00 4,775.00
Long-term debt 13,063.00 14,127.00
Net fixed assets 50,599.00 54,949.00
Notes payable 4,309.00 9,861.00
Operating expenses (excl. depr.) 13,977 18,172
Retained earnings 28,053.00 30,112.00
Sales 35,119 46,621.00
Taxes 2,084 2,775

What is the firm's cash flow from financing?

Solutions

Expert Solution

Solution :-

Working Notes :-

Net Income =

( Sales – Cost of Goods Sold – Operating Expenses (excl. Depreciation) -Depreciation Expense – Interest Expense - Taxes )

Net Income = $46,621 - $18,343 - $18,172 - $2,820 - $417 - $2,775

Net Income = $4,094

Retained Earnings ( Ending )

= Retained Earnings ( Beginning ) + Net Income – Dividend

$30,112 = $28,053 + $4,094 – Dividend

Dividend = $2,035

Cashflow From Financing Activities
Issuance of Common Stock ( 12,572 - 11,946 )          626
Issuance of Long term debt ( 14,127 - 13,063 )       1,064
Issuance of Current Long term debt ( 5,020 - 4,928 )            92
Dividend Payment      (2,035)
Issuance of Notes Payable ( 9,861 - 4,309 )       5,552
Total =        5,299

If there is any doubt please ask in comments

jeff jeffy answered 1 year ago
Next > < Previous

Related Solutions

Item Prior year Current year Accounts payable 8,171.00 7,835.00 Accounts receivable 6,020.00 6,657.00 Accruals 994.00 1,520.00...
Item Prior year Current year Accounts payable 8,171.00 7,835.00 Accounts receivable 6,020.00 6,657.00 Accruals 994.00 1,520.00 Cash ??? ??? Common Stock 10,036.00 11,928.00 COGS 12,613.00 18,047.00 Current portion long-term debt 4,949.00 5,009.00 Depreciation expense 2,500 2,782.00 Interest expense 733 417 Inventories 4,179.00 4,783.00 Long-term debt 14,146.00 13,880.00 Net fixed assets 50,413.00 54,188.00 Notes payable 4,390.00 9,873.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,128.00 30,099.00 Sales 35,119 47,770.00 Taxes 2,084 2,775 What is the firm's total change in cash...
Item Prior year Current year Accounts payable 8,152.00 7,765.00 Accounts receivable 6,093.00 6,539.00 Accruals 968.00 1,384.00...
Item Prior year Current year Accounts payable 8,152.00 7,765.00 Accounts receivable 6,093.00 6,539.00 Accruals 968.00 1,384.00 Cash ??? ??? Common Stock 11,707.00 11,223.00 COGS 12,746.00 18,266.00 Current portion long-term debt 5,066.00 5,052.00 Depreciation expense 2,500 2,796.00 Interest expense 733 417 Inventories 4,107.00 4,816.00 Long-term debt 14,369.00 14,055.00 Net fixed assets 51,018.00 54,844.00 Notes payable 4,305.00 9,922.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,906.00 30,194.00 Sales 35,119 46,371.00 Taxes 2,084 2,775 What is the firm's cash flow from operations?...
Item Prior year Current year Accounts payable 8,183.00 7,998.00 Accounts receivable 6,047.00 6,558.00 Accruals 967.00 1,357.00...
Item Prior year Current year Accounts payable 8,183.00 7,998.00 Accounts receivable 6,047.00 6,558.00 Accruals 967.00 1,357.00 Cash ??? ??? Common Stock 10,760.00 11,094.00 COGS 12,629.00 18,144.00 Current portion long-term debt 5,006.00 4,946.00 Depreciation expense 2,500 2,811.00 Interest expense 733 417 Inventories 4,197.00 4,813.00 Long-term debt 13,675.00 13,302.00 Net fixed assets 51,628.00 54,611.00 Notes payable 4,366.00 9,933.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,546.00 29,809.00 Sales 35,119 45,546.00 Taxes 2,084 2,775 What is the firm's cash flow from operations?
Item Prior year Current year Accounts payable 8,186.00 7,739.00 Accounts receivable 6,057.00 6,669.00 Accruals 988.00 1,511.00...
Item Prior year Current year Accounts payable 8,186.00 7,739.00 Accounts receivable 6,057.00 6,669.00 Accruals 988.00 1,511.00 Cash ??? ??? Common Stock 11,546.00 12,982.00 COGS 12,636.00 18,245.00 Current portion long-term debt 5,018.00 4,932.00 Depreciation expense 2,500 2,818.00 Interest expense 733 417 Inventories 4,137.00 4,814.00 Long-term debt 14,160.00 13,242.00 Net fixed assets 50,182.00 54,535.00 Notes payable 4,313.00 9,802.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,932.00 30,098.00 Sales 35,119 46,352.00 Taxes 2,084 2,775 What is the firm's net income in the...
Item Prior year Current year Accounts payable 8,186.00 7,739.00 Accounts receivable 6,057.00 6,669.00 Accruals 988.00 1,511.00...
Item Prior year Current year Accounts payable 8,186.00 7,739.00 Accounts receivable 6,057.00 6,669.00 Accruals 988.00 1,511.00 Cash ??? ??? Common Stock 11,546.00 12,982.00 COGS 12,636.00 18,245.00 Current portion long-term debt 5,018.00 4,932.00 Depreciation expense 2,500 2,818.00 Interest expense 733 417 Inventories 4,137.00 4,814.00 Long-term debt 14,160.00 13,242.00 Net fixed assets 50,182.00 54,535.00 Notes payable 4,313.00 9,802.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,932.00 30,098.00 Sales 35,119 46,352.00 Taxes 2,084 2,775 What is the firm's cash flow from investing?...
Item Prior year Current year Accounts payable 8,195.00 7,829.00 Accounts receivable 6,022.00 6,659.00 Accruals 1,008.00 1,494.00...
Item Prior year Current year Accounts payable 8,195.00 7,829.00 Accounts receivable 6,022.00 6,659.00 Accruals 1,008.00 1,494.00 Cash ??? ??? Common Stock 11,002.00 11,629.00 COGS 12,702.00 18,145.00 Current portion long-term debt 5,007.00 4,981.00 Depreciation expense 2,500 2,840.00 Interest expense 733 417 Inventories 4,224.00 4,819.00 Long-term debt 13,198.00 14,807.00 Net fixed assets 50,184.00 54,341.00 Notes payable 4,341.00 9,854.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,847.00 29,394.00 Sales 35,119 45,663.00 Taxes 2,084 2,775 What is the firm's total change in cash...
Item Prior year Current year Accounts payable 8,105.00 7,772.00 Accounts receivable 6,003.00 6,774.00 Accruals 1,018.00 1,383.00...
Item Prior year Current year Accounts payable 8,105.00 7,772.00 Accounts receivable 6,003.00 6,774.00 Accruals 1,018.00 1,383.00 Cash ??? ??? Common Stock 10,304.00 12,206.00 COGS 12,768.00 18,301.00 Current portion long-term debt 4,988.00 4,965.00 Depreciation expense 2,500 2,763.00 Interest expense 733 417 Inventories 4,290.00 4,825.00 Long-term debt 14,354.00 14,752.00 Net fixed assets 51,782.00 54,351.00 Notes payable 4,327.00 9,929.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,306.00 29,460.00 Sales 35,119 47,796.00 Taxes 2,084 2,775 (a) What is the firm's cash flow from...
Item Prior year Current year Accounts payable 8,128.00 7,941.00 Accounts receivable 6,018.00 6,795.00 Accruals 1,018.00 1,562.00...
Item Prior year Current year Accounts payable 8,128.00 7,941.00 Accounts receivable 6,018.00 6,795.00 Accruals 1,018.00 1,562.00 Cash ??? ??? Common Stock 11,706.00 11,191.00 COGS 12,675.00 18,387.00 Current portion long-term debt 5,052.00 4,980.00 Depreciation expense 2,500 2,758.00 Interest expense 733 417 Inventories 4,103.00 4,807.00 Long-term debt 13,983.00 13,499.00 Net fixed assets 50,428.00 54,010.00 Notes payable 4,377.00 9,836.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,828.00 29,707.00 Sales 35,119 46,562.00 Taxes 2,084 2,775 What is the firm's cash flow from operations?
Item Prior year Current year Accounts payable 8,128.00 7,941.00 Accounts receivable 6,018.00 6,795.00 Accruals 1,018.00 1,562.00...
Item Prior year Current year Accounts payable 8,128.00 7,941.00 Accounts receivable 6,018.00 6,795.00 Accruals 1,018.00 1,562.00 Cash ??? ??? Common Stock 11,706.00 11,191.00 COGS 12,675.00 18,387.00 Current portion long-term debt 5,052.00 4,980.00 Depreciation expense 2,500 2,758.00 Interest expense 733 417 Inventories 4,103.00 4,807.00 Long-term debt 13,983.00 13,499.00 Net fixed assets 50,428.00 54,010.00 Notes payable 4,377.00 9,836.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,828.00 29,707.00 Sales 35,119 46,562.00 Taxes 2,084 2,775 What is the firm's cash flow from financing?
Item Prior year Current year Accounts payable 8,107.00 7,933.00 Accounts receivable 6,090.00 6,678.00 Accruals 1,016.00 1,369.00...
Item Prior year Current year Accounts payable 8,107.00 7,933.00 Accounts receivable 6,090.00 6,678.00 Accruals 1,016.00 1,369.00 Cash ??? ??? Common Stock 10,561.00 12,105.00 COGS 12,767.00 18,345.00 Current portion long-term debt 4,933.00 5,027.00 Depreciation expense 2,500 2,759.00 Interest expense 733 417 Inventories 4,266.00 4,804.00 Long-term debt 14,465.00 14,445.00 Net fixed assets 51,897.00 54,341.00 Notes payable 4,379.00 9,807.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,757.00 30,687.00 Sales 35,119 47,082.00 Taxes 2,084 2,775 What is the firm's cash flow from financing?
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT