Compute Net Cash flow from Financing Activities Balance Sheets for the Years Ending Dec. 31, 2011 and 2012 2011 2012 Cash 300 400 Accounts receivable 1,000 1,400 Inventories 3,200 3,000 4,500 4,800 3,800 4,300 8,300 9,100 300 Current assets Net fixed assets Total assets Notes payable Accounts payable 400 700 500 Аccruals 50 80 Current portion of long-term debt Current liabilities 70 80 1,220 4,300 4,900 1,200 960 Long-term debt Common stock ($.20 par) Additional paid-in capital Retained earnings Total liabilities and equity Net income (as reported on the 2012 Income statement) = 436 Depreciation (as reported on the 2012 Income statement) = 225 1,300 680 740 900 1,200 9,100 8,300
Compute Net Cash flow from Financing Activities Balance Sheets for the Years Ending Dec. 31, 2011 and 2012 2011 2012 Cash 300 400 Accounts receivable 1,000 1,400 Inventories 3,200 3,000 4,500 4,800 3,800 4,300 8,300 9,100 300 Current assets Net fixed assets Total assets Notes payable Accounts payable 400 700 500 Аccruals 50 80 Current portion of long-term debt Current liabilities 70 80 1,220 4,300 4,900 1,200 960 Long-term debt Common stock ($.20 par) Additional paid-in capital Retained earnings Total liabilities and equity Net income (as reported on the 2012 Income statement) = 436 Depreciation (as reported on the 2012 Income statement) = 225 1,300 680 740 900 1,200 9,100 8,300
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question

Transcribed Image Text:Compute Net Cash flow from Financing Activities
Balance Sheets for the Years Ending Dec. 31, 2011 and 2012
2012
2011
300
Cash
Accounts receivable
400
1,000
3,200
4,500
3,800
8,300
400
700
1,400
3,000
4,800
4,300
9,100
Inventories
Current assets
Net fixed assets
Total assets
Notes payable
Accounts payable
300
500
Аccruals
50
80
Current portion of long-term debt
Current liabilities
70
80
960
1,220
4,300
1,200
680
Long-term debt
Common stock ($.20 par)
Additional paid-in capital
Retained earnings
Total liabilities and equity
Net income (as reported on the 2012 Income statement) = 436
Depreciation (as reported on the 2012 Income statement) = 225
4,900
1,300
740
1,200
9,100
900
8,300
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps

Recommended textbooks for you


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education