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what is the firm's total change in cash from the prior year to the current year?

what is the firm's total change in cash from the prior year to the current year?

FINANCIAL ACCOUNTING
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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what is the firm's total change in cash from the prior year to the current year?
Transcribed Image Text:what is the firm's total change in cash from the prior year to the current year?
#3 Prior Year Current Year Accounts payable 3,105.00 5,979.00 Accounts receivable 6,977.00 8,918.00 Accruals 5,629.00 6,151.00 Additional paid in capital 19,945.00 13,678.00 Cash ??? ??? Common Stock 2,850 2,850 COGS 22,114.00 18,517.00 Current portion long-term debt 500 500 Depreciation expense 1,033.00 963.00 Interest expense 1,260.00 1,130.00 Inventories 3,030.00 6,701.00 Long-term debt 16,843.00 22,001.00 Net fixed assets 75,987.00 74,048.00 Notes payable 4,068.00 6,587.00 Operating expenses (excl. depr.) 19,950 20,000 Retained earnings 35,289.00 34,650.00 Sales 46,360 45,603.00 Taxes 350 920 Category
Transcribed Image Text:#3 Prior Year Current Year Accounts payable 3,105.00 5,979.00 Accounts receivable 6,977.00 8,918.00 Accruals 5,629.00 6,151.00 Additional paid in capital 19,945.00 13,678.00 Cash ??? ??? Common Stock 2,850 2,850 COGS 22,114.00 18,517.00 Current portion long-term debt 500 500 Depreciation expense 1,033.00 963.00 Interest expense 1,260.00 1,130.00 Inventories 3,030.00 6,701.00 Long-term debt 16,843.00 22,001.00 Net fixed assets 75,987.00 74,048.00 Notes payable 4,068.00 6,587.00 Operating expenses (excl. depr.) 19,950 20,000 Retained earnings 35,289.00 34,650.00 Sales 46,360 45,603.00 Taxes 350 920 Category
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