Kerry Inc has the following financial statements and paid a $1,000 dividend during the year. Balance...

  

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Kerry Inc has the following financial statements and paid a $1,000 dividend during the year. Balance Sheets Ending ASSETS Beginning Income Statement Cash 1,600 $2,000 Sales $100,000 Accounts receivable 5,200 12,000 COGS 80,000 $20,000 15,600 $22,400 20,000 Inventory 14,000 Gross Margin Cash Expenses Current Assets $28,000 8,000 Gross Fixed assets 27,000 Depreciation 1,600 Accumulated depreciation (14,400) (16,000) 11,000 ЕBIT $10,400 Net fixed assets 800 $9,600 5,600 Interest Total assets $28,000 $39,000 ЕВT 2,600 $7,000 LIABILITIES Tax Accounts payable $2,500 $3,000 Net Income Accruals 1.500 1,000 Current Liabilities $4,000 $4,000 Long term Debt Equity Total liabilities & equity 5,000 10,000 19,000 $28,000 25,000 $39,000 1. What is the Change in the Current Account? A. $7,600 B. $-3,400 C. $-5,200 D. $-6,200 E. $6,200 2. What is the Change in Operating Activities? A. $8,600 B. $3,400 C. $5,200 D. $-3,600 E.$-8,200 3. What is the Change in Financing Activities? A. $-1,000 B. $-4,000 C. $4,000 D. $5,000 E. $1,000 4. What is the amount of the final Net Cash Flow (Free Cash)? A. $300 B. $200 C. $-$300 D. $400 E. $500 Kerry Inc has the following financial statements and paid a $1,000 dividend during the year. Balance Sheets Ending ASSETS Beginning Income Statement Cash 1,600 $2,000 Sales $100,000 Accounts receivable 5,200 12,000 COGS 80,000 $20,000 15,600 $22,400 20,000 Inventory 14,000 Gross Margin Cash Expenses Current Assets $28,000 8,000 Gross Fixed assets 27,000 Depreciation 1,600 Accumulated depreciation (14,400) (16,000) 11,000 ЕBIT $10,400 Net fixed assets 800 $9,600 5,600 Interest Total assets $28,000 $39,000 ЕВT 2,600 $7,000 LIABILITIES Tax Accounts payable $2,500 $3,000 Net Income Accruals 1.500 1,000 Current Liabilities $4,000 $4,000 Long term Debt Equity Total liabilities & equity 5,000 10,000 19,000 $28,000 25,000 $39,000 1. What is the Change in the Current Account? A. $7,600 B. $-3,400 C. $-5,200 D. $-6,200 E. $6,200 2. What is the Change in Operating Activities? A. $8,600 B. $3,400 C. $5,200 D. $-3,600 E.$-8,200 3. What is the Change in Financing Activities? A. $-1,000 B. $-4,000 C. $4,000 D. $5,000 E. $1,000 4. What is the amount of the final Net Cash Flow (Free Cash)? A. $300 B. $200 C. $-$300 D. $400 E. $500

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