Assets Cash Accounts Receivable Prepaids Inventory Property, Plant & Equipment Less: Accumulated Depreciation Total Assets Liabilities Accounts Payable Accrued Liabilities Balance Sheet December 31, Year 2 Notes Payable (Long-Term Debt) Total Liabilities Stockholders Equity Common Stock ($10 par) Paid in Capital In Excess of Par Retained Earnings Treasury Stock Total Stockholders Equity Total Liabilities and Stockholders Equity Year 2 Year 1 Change $ 60,000 $ 40,000 $20,000 130,000 140,000 (10,000) 35,000 43,000 (8,000) 183,000 120,000 63.000 340,000 310,000 30,000 (75,000) (50.000) (25,000) $673,000 $603,000 $70,000 $110,600 $ 111,000 $ (400) 34,000 32,000 2,000 50.000 60.000 100.000 $244,600 $ 193,000 $51,600 $ 75,000 $ 220,000 143,400 28,400 10,000 10,000 $428,400 $ 410,000 $18,400 $673,000 $603,000 $70,000 75,000 $ 220,000 115,000 . 28 What is the cash flow from operating activities using the indirect method of the statement of cash flows? O $71,400 O $63,000 O $63,000 O $51,400 NEXT > BOOKMARK
Assets Cash Accounts Receivable Prepaids Inventory Property, Plant & Equipment Less: Accumulated Depreciation Total Assets Liabilities Accounts Payable Accrued Liabilities Balance Sheet December 31, Year 2 Notes Payable (Long-Term Debt) Total Liabilities Stockholders Equity Common Stock ($10 par) Paid in Capital In Excess of Par Retained Earnings Treasury Stock Total Stockholders Equity Total Liabilities and Stockholders Equity Year 2 Year 1 Change $ 60,000 $ 40,000 $20,000 130,000 140,000 (10,000) 35,000 43,000 (8,000) 183,000 120,000 63.000 340,000 310,000 30,000 (75,000) (50.000) (25,000) $673,000 $603,000 $70,000 $110,600 $ 111,000 $ (400) 34,000 32,000 2,000 50.000 60.000 100.000 $244,600 $ 193,000 $51,600 $ 75,000 $ 220,000 143,400 28,400 10,000 10,000 $428,400 $ 410,000 $18,400 $673,000 $603,000 $70,000 75,000 $ 220,000 115,000 . 28 What is the cash flow from operating activities using the indirect method of the statement of cash flows? O $71,400 O $63,000 O $63,000 O $51,400 NEXT > BOOKMARK
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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