Construct a statement of cash flows for Fincorp for 2019. 2018 2019 $4,000 $4,100 Revenue Cost of
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Construct a statement of cash flows for Fincorp for 2019.
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2018 2019 $4,000 $4,100 Revenue Cost of goods sold 1,600 1,700 500 Depreclatlon 520 Inventorles 300 350 Administrative expenses 500 550 Interest expense 150 150 Federal and state taxes" 400 420 Accounts payable 300 350 Accounts recelvable 400 450 Net fixed assets Long-term debt 5,000 5,800 2,000 2,400 Notes payable 1,000 600 Dividends pald 410 410 Cash and marketable securitles 800 300
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Cash provided by operations Net income 760 Noncash expenses Depreciation ex...View the full answer
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1260566093
10th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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