Category. Prior Year Current Year Accounts payable 3,135.00 5,967.00 Accounts receivable 6,961.00 9,051.00 Accruals 5,625.00 6,161.00 Additional paid in capital 19,653.00 13,869.00 Cash ??? ??? Common Stock 2,850 2,850 COGS 22,136.00 18,215.00 Current portion long-term debt 500 500 Depreciation expense 1,029.00 969.00 Interest expense 1,261.00 1,126.00 Inventories 3,052.00 6,683.00 Long-term debt 16,913.00 22,024.00 Net fixed assets 75,977.00 74,225.00 Notes payable 4,007.00 6,572.00 Operating expenses (excl. depr.) 19,950 20,000 Retained earnings 35,273.00 34,899.00 Sales 46,360 45,717.00 Тахes 350 920 What is the firm's cash flow from operations? Submit
Category. Prior Year Current Year Accounts payable 3,135.00 5,967.00 Accounts receivable 6,961.00 9,051.00 Accruals 5,625.00 6,161.00 Additional paid in capital 19,653.00 13,869.00 Cash ??? ??? Common Stock 2,850 2,850 COGS 22,136.00 18,215.00 Current portion long-term debt 500 500 Depreciation expense 1,029.00 969.00 Interest expense 1,261.00 1,126.00 Inventories 3,052.00 6,683.00 Long-term debt 16,913.00 22,024.00 Net fixed assets 75,977.00 74,225.00 Notes payable 4,007.00 6,572.00 Operating expenses (excl. depr.) 19,950 20,000 Retained earnings 35,273.00 34,899.00 Sales 46,360 45,717.00 Тахes 350 920 What is the firm's cash flow from operations? Submit
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
First solve your NI = Sales - COGS - Operating expenses - depreciation - interest- taxes
Then subtract current year - prior year for AR, inventory, AP and accruals
At last- NI + current year depreciation - changes in AR - changes in inventory + changes in AP + Changes in Accruals
Don't do the subtraction for depreciation, you're using the current year for that one
Transcribed Image Text:Category
Prior Year Current Year
Accounts payable
3,135.00
5,967.00
Accounts receivable
6,961.00
9,051.00
Accruals
5,625.00
6,161.00
Additional paid in capital
19,653.00 13,869.00
Cash
???
???
Common Stock
2,850
2,850
СOGS
22,136.00 18,215.00
Current portion long-term debt
500
500
Depreciation expense
1,029.00
969.00
Interest expense
1,261.00
1,126.00
Inventories
3,052.00
6,683.00
Long-term debt
16,913.00 22,024.00
Net fixed assets
75,977.00 74,225.00
Notes payable
4,007.00
6,572.00
Operating expenses (excl. depr.) 19,950
20,000
Retained earnings
35,273.00 34,899.00
Sales
46,360
45,717.00
Тахes
350
920
What is the firm's cash flow from operations?
Submit
Answer format: Number: Round to: 0 decimal places.
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