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.) Prior year 8,192.00 6,012.00 1,050.00 ??? 10,566.00 12,715.00 5,021.00 2,500 733 4,289.00 13,518.00 51,716.00 4,315.00 13,977 Current year 7,919.00 6,781.00 1,348.00 ??? 11,510.00 18,239.00 5,064.00 2,813.00 417 4,787.00 13,469.00 54,738.00 9,803.00 18,172

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.) Prior year 8,192.00 6,012.00 1,050.00 ??? 10,566.00 12,715.00 5,021.00 2,500 733 4,289.00 13,518.00 51,716.00 4,315.00 13,977 Current year 7,919.00 6,781.00 1,348.00 ??? 11,510.00 18,239.00 5,064.00 2,813.00 417 4,787.00 13,469.00 54,738.00 9,803.00 18,172

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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Question

1. What is the firm's cash flow from financing?

2. What is the firm's cash flow from investing?

3. What is the firm's total change in cash from the prior year to the current year?

#4
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
Sales
Taxes
Prior year
8,192.00
6,012.00
1,050.00
???
10,566.00
12,715.00
5,021.00
2,500
733
4,289.00
13,518.00
51,716.00
4,315.00
13,977
28,572.00
35,119
2,084
Current year
7,919.00
6,781.00
1,348.00
???
11,510.00
18,239.00
5,064.00
2,813.00
417
4,787.00
13,469.00
54,738.00
9,803.00
18,172
30,505.00
47,514.00
2,775

Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).

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