ItemPrior yearCurrent yearAccounts payable8,142.007,800.00Accounts receivable6,080.006,533.00Accruals1,000.001,591.00Cash??????Common Stock10,841.0012,035.00COGS12,636.0018,261.00Current portion long-term debt5,012.004,989.00Depreciation expense2,5002,763.00Interest expense733417Inventories4,255.004,779.00Long-term debt14,380.0013,783.00Net fixed assets51,230.0054,549.00Notes payable4,365.009,899.00Operating expenses (excl. depr.)13,97718,172Retained earnings28,008.0030,075.00Sales35,11945,203.00Taxes2,0842,775What is the firm's cash flow from operations?

The question is based on the concept of Cashflow statements.

Answered: Item Prior year Current year Accounts…

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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#9 Item Prior year Current year Accounts payable 8,123.00 7,716.00 Accounts receivable 6,048.00 6,607.00 Accruals 997.00 1,500.00 Cash ??? ??? Common Stock 10,094.00 11,603.00 COGS 12,653.00 18,393.00 Current portion long-term debt 4,911.00 5,090.00 Depreciation expense 2,500 2,763.00 Interest expense 733 417 Inventories 4,245.00 4,824.00 Long-term debt 14,141.00 13,226.00 Net fixed assets 51,826.00 54,004.00 Notes payable 4,339.00 9,940.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,688.00 30,532.00 Sales 35,119 45,044.00 Taxes 2,084 2,775 What is the firm's cash flow from financing? Answer format: Number: Round to: 0 decimal places.
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Item	Prior year	Current year
Accounts payable	8,142.00	7,800.00
Accounts receivable	6,080.00	6,533.00
Accruals	1,000.00	1,591.00
Cash	???	???
Common Stock	10,841.00	12,035.00
COGS	12,636.00	18,261.00
Current portion long-term debt	5,012.00	4,989.00
Depreciation expense	2,500	2,763.00
Interest expense	733	417
Inventories	4,255.00	4,779.00
Long-term debt	14,380.00	13,783.00
Net fixed assets	51,230.00	54,549.00
Notes payable	4,365.00	9,899.00
Operating expenses (excl. depr.)	13,977	18,172
Retained earnings	28,008.00	30,075.00
Sales	35,119	45,203.00
Taxes	2,084	2,775