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Item Accounts payable Accounts receivable Accruals Cash Common Stock COGS Current portion long- term debt Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Current year 7,701.00 6,092.00 6,523.00 1,048.00 1,655.00 Sales Prior year 8,198.00 ??? 10,124.00 11,773.00 ??? 12,617.00 18,145.00 4,992.00 5,055.00 2,500 733 2,760.00 13,977 417 4,283.00 4,820.00 14,368.00 13,982.00 51,293.00 54,890.00 4,399.00 9,905.00 18,172 28,724.00 30,243.00 47,743.00 35,119 Taxes 2,084 What is the firm's net income in the current year? What is the firm's dividend payment in the current year? What is the firm's cash flow from operations? 2,775 What is the firm's cash flow from financing? What is the firm's cash flow from investing? What is the firm's total change in cash from the prior year to the current year?

Item Accounts payable Accounts receivable Accruals Cash Common Stock COGS Current portion long- term debt Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Current year 7,701.00 6,092.00 6,523.00 1,048.00 1,655.00 Sales Prior year 8,198.00 ??? 10,124.00 11,773.00 ??? 12,617.00 18,145.00 4,992.00 5,055.00 2,500 733 2,760.00 13,977 417 4,283.00 4,820.00 14,368.00 13,982.00 51,293.00 54,890.00 4,399.00 9,905.00 18,172 28,724.00 30,243.00 47,743.00 35,119 Taxes 2,084 What is the firm's net income in the current year? What is the firm's dividend payment in the current year? What is the firm's cash flow from operations? 2,775 What is the firm's cash flow from financing? What is the firm's cash flow from investing? What is the firm's total change in cash from the prior year to the current year?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Item Accounts payable Accounts receivable Accruals Cash Common Stock COGS Current portion long- term debt Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Prior year Sales 8,198.00 7,701.00 6,092.00 6,523.00 1,048.00 1,655.00 ??? Current year 10,124.00 11,773.00 12,617.00 18,145.00 2,500 ??? 4,992.00 5,055.00 733 13,977 2,760.00 417 4,283.00 4,820.00 14,368.00 13,982.00 51,293.00 54,890.00 4,399.00 9,905.00 18,172 28,724.00 30,243.00 47,743.00 35,119 Taxes 2,084 What is the firm's net income in the current year? What is the firm's dividend payment in the current year? What is the firm's cash flow from operations? What is the firm's cash flow from financing? What is the firm's cash flow from investing? What is the firm's total change in cash from the prior year to the current year? 2,775
Transcribed Image Text:Item Accounts payable Accounts receivable Accruals Cash Common Stock COGS Current portion long- term debt Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Prior year Sales 8,198.00 7,701.00 6,092.00 6,523.00 1,048.00 1,655.00 ??? Current year 10,124.00 11,773.00 12,617.00 18,145.00 2,500 ??? 4,992.00 5,055.00 733 13,977 2,760.00 417 4,283.00 4,820.00 14,368.00 13,982.00 51,293.00 54,890.00 4,399.00 9,905.00 18,172 28,724.00 30,243.00 47,743.00 35,119 Taxes 2,084 What is the firm's net income in the current year? What is the firm's dividend payment in the current year? What is the firm's cash flow from operations? What is the firm's cash flow from financing? What is the firm's cash flow from investing? What is the firm's total change in cash from the prior year to the current year? 2,775
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