Question: Please assume that net income from the 2002 statement was equal to $1,396. Balance Sheet 2001 2002 2001 2002 Assets Liabilities Cash 3,614 4,750 Notes

Please assume that net income from the 2002 statement was equal to $1,396.

Balance Sheet

2001 2002 2001 2002

Assets Liabilities

Cash 3,614 4,750 Notes Payable 0 0

Marketable Securities 626 398 Accounts Payable 324 563

Net Accounts Receivable 475 581 Taxes Payable 305 410

Inventories 102 88 Accrued Expenses 284 374

Prepaid Expenses 121 201 Long-Term Debt 0 530

Gross Plant and Equipment 1,445 1,907

Less: Accumulated Depreciation 515 715 Stockholders' Equity

Net Plant and Equipment 930 1,192 Common Stock 2,005 2,005

Retained Earnings 2,950 3,328

Assume notes payable belong to the operating section.

39. What is the change in cash flow in 2002?

40. What is the cash flow from operating activities in 2002?

41. What the cash flow from financing activities in 2002?

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