Calculate the year-end cash balance based on the following information: Christmas cash balance: 2,000 Net income: 300
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Question:
Calculate the year-end cash balance based on the following information:
- Christmas cash balance: 2,000
- Net income: 300
- Depreciation: 140
- Positive changes in business assets and liabilities: 60
- PP&E acquisitions: 580
- Dividends paid in the current year: 130
- Long-term debt increase: 200
10. What is the estimated value of the property, plans and equipment (PP&E) based on the following information:
- Capital asset turnover rate: 2,5
- Estimated revenues: $120
- Estimated cost of goods sold: $80
Related Book For
Interpreting and Analyzing Financial Statements
ISBN: 978-0132746243
6th edition
Authors: Karen P. Schoenebeck, Mark P. Holtzman
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