Interpret the following information regarding Maness Corporations statement of cash flows. 370 60 430 (300) (400) 200
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370 60 430 (300) (400) 200 40 (S 30) Net income Depreciation expense Profits before depreciation Increase in accounts recelvable Increase in inventories Increase In accounts payable Increase In accrued expenses Cash flow from operations Investment activity Change in fixed assets Financing activity Increase in short-term notes Repayment of long-term debt Repurchase common stock Common stock dividends Total financing activities Change In cash Beginning cash Ending cash ($1,500) 100 (250) (125) (75) $ 350) ($1,880) 3,750 $1,870
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Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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