Current fiscal year Accounts receivable: 4,532 Inventory: 5,372 Property, plant, and equipment, net: 9,178 Accounts payable: 3,183 Long-term debt: 14,001 Depreciation and amortization expense: 1,831 Net income: 5,791 The next year's forecasted balances for above accounts Accounts Receivable: 4,351 Inventory: 5,050 Property, plant, and equipment, net: 9,637 Accounts payable: 4,584 Long-term debt: 18,341 Depreciation and amortization expense: 1,977 Net income: 4,922 1. Using only the information given abouve what is the forecasted amount for Cash Flows from Operating Activities?
Current fiscal year Accounts receivable: 4,532 Inventory: 5,372 Property, plant, and equipment, net: 9,178 Accounts payable: 3,183 Long-term debt: 14,001 Depreciation and amortization expense: 1,831 Net income: 5,791 The next year's forecasted balances for above accounts Accounts Receivable: 4,351 Inventory: 5,050 Property, plant, and equipment, net: 9,637 Accounts payable: 4,584 Long-term debt: 18,341 Depreciation and amortization expense: 1,977 Net income: 4,922 1. Using only the information given abouve what is the forecasted amount for Cash Flows from Operating Activities?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Current fiscal year
Inventory: 5,372
Property, plant, and equipment, net: 9,178
Accounts payable: 3,183
Long-term debt: 14,001
Net income: 5,791
The next year's
Accounts Receivable: 4,351
Inventory: 5,050
Property, plant, and equipment, net: 9,637
Accounts payable: 4,584
Long-term debt: 18,341
Depreciation and amortization expense: 1,977
Net income: 4,922
1. Using only the information given abouve what is the forecasted amount for
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