#10ItemPrior yearCurrentyearAccounts payable8,192.007,708.00Accounts receivable6,001.006,656.00Accruals990.001,424.00Cash??????Common Stock11,572.0012,100.00COGS12,755.0018,124.00Current portion long-term4,908.004,906.00debtDepreciation expense2,5002,795.00Interest expense733417Inventories4,157.004,813.00Long-term debt14,743.0013,589.00Net fixed assets51,715.0054,037.00Notes payable4,358.009,905.00Operating expenses (excl. 13,977depr.)18,172Retained earnings28,867.0029,863.00Sales35,11945,665.00Тахes2,0842,775What is the firm's total change in cash from the prioryear to the current year?SubmitAnswer format: Number: Round to: 0 decimal places.unanswerednot_submittedAttempts Remaining: Infinity

Cash balance is the part of total assets of an organization. It is the excess of total balance of…

Answered: Retained earnings 28,867.00 29,863.00…

Retained earnings 28,867.00 29,863.00 Sales 35,119 45,665.00 Taxes 2,084 2,775 What is the firm's total change in cash from the prior year to the current year? Submit

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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Current Position Analysis The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: Current Year Previous Year Current assets: Cash $329,800 $259,200 Marketable securities 381,900 291,600 Accounts and notes receivable (net) 156,300 97,200 Inventories 900,200 560,000 Prepaid expenses 463,800 358,000 Total current assets $2,232,000 $1,566,000 Current liabilities: Accounts and notes payable (short-term) $359,600 $378,000 Accrued liabilities 260,400 162,000 Total current liabilities $620,000 $540,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. Current Year Previous Year 1. Working capital $fill in the blank 1 $fill in the blank 2 2. Current ratio fill in the blank 3 fill in the blank 4 3.…
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Prior Year Current Year Accounts payable 3,153.00 5,915.00 Accounts receivable 6,935.00 9,046.00 Accruals 5,794.00 6,085.00 Additional paid in capital 19,655.00 13,876.00 Cash. ??? ??? Common Stock 2,850 2,850 COGS 22,169.00 18,794.00 Current portion long-term debt 500 500 Depreciation expense 1,016.00 1,037.00 Interest expense 1,276.00 1,138.00 Inventories 3,041.00 6,672.00 Long-term debt 16,904.00 22,546.00 Net fixed assets 75,987.00 73,861.00 Notes payable 4,002.00 6,534.00 Operating expenses (excl. depr.) 19,950 20,000 Retained earnings 35,536.00 34,724.00 Sales 46,360 45,799.00 Taxes 350 920 Category ww What is the firm's total change in cash from the prior year to the current year?