The following information is available for Ubbie's Jewelry and Gift Store. Net Income $5,000 Depreciation expense 2,500 Increase in defered tax liabilities 500 Decrease in cash 3,000 Increase in marketable securities 1,000 Decrease in accounts receivable 2,000 Increase in inventories 9,000 Decrease in accounts payable 5,000 Increase in accrued liabilities 1,000 Increase in property and equipment 14,000 Increase in short-term notes payable 19,000 Decrease in long-term notes payable 4,000 Use indirect method to answer the questions. *What is net cash flow from operating activities? *What is net cash flow from investing activities? *What is net cash flow from financing activities? *What is the change in cash?
The following information is available for Ubbie's Jewelry and Gift Store. Net Income $5,000 Depreciation expense 2,500 Increase in defered tax liabilities 500 Decrease in cash 3,000 Increase in marketable securities 1,000 Decrease in accounts receivable 2,000 Increase in inventories 9,000 Decrease in accounts payable 5,000 Increase in accrued liabilities 1,000 Increase in property and equipment 14,000 Increase in short-term notes payable 19,000 Decrease in long-term notes payable 4,000 Use indirect method to answer the questions. *What is net cash flow from operating activities? *What is net cash flow from investing activities? *What is net cash flow from financing activities? *What is the change in cash?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
The following information is available for Ubbie's Jewelry and Gift Store.
Net Income $5,000
Depreciation expense 2,500
Increase in
Decrease in cash 3,000
Increase in marketable securities 1,000
Decrease in accounts receivable 2,000
Increase in inventories 9,000
Decrease in accounts payable 5,000
Increase in accrued liabilities 1,000
Increase in property and equipment 14,000
Increase in short-term notes payable 19,000
Decrease in long-term notes payable 4,000
Use indirect method to answer the questions.
*What is net cash flow from operating activities?
*What is net cash flow from investing activities?
*What is net cash flow from financing activities?
*What is the change in cash?
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