Using the data in the tables below, compute Net Cash Flow Activities for Auburn Tangerine, Inc. for Year 2: 4 Auburn Tangerine, Incorporated Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Cash Accounts receivable Inventory Total current assets Gross fixed assets (Accumulated depreciation) Net fixed assets Land Total assets Year 1 16,200 97,200 153,900 267,300 631,800 (121,500) 510,300 32,400 810,000 Year 2 17,600 96,800 176,000 290,400 686,400 (132,000) 554,400 35,200 880,000
Using the data in the tables below, compute Net Cash Flow Activities for Auburn Tangerine, Inc. for Year 2: 4 Auburn Tangerine, Incorporated Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Cash Accounts receivable Inventory Total current assets Gross fixed assets (Accumulated depreciation) Net fixed assets Land Total assets Year 1 16,200 97,200 153,900 267,300 631,800 (121,500) 510,300 32,400 810,000 Year 2 17,600 96,800 176,000 290,400 686,400 (132,000) 554,400 35,200 880,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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