Question: Problem 2 Year 2011 2012 Cash & Marketable Securities 5000 4000 Accounts receivable 3550 4700 Total current assets 8550 8700 Gross plant & equipment 15000
Problem 2 Year 2011 2012 Cash & Marketable Securities 5000 4000 Accounts receivable 3550 4700 Total current assets 8550 8700 Gross plant & equipment 15000 17000 Less-accumulated depreciation (4500) (5000) Net plant equipment 10500 12000 Investment in other companies 3000 3500 Total Assets 22,050 24,200 Accounts payable 4350 5000 Accruals 2000 1800 Total current liabilities 6350 6800 Long term debt 5000 4000 Common stocks 10,000 12,000 Retained earnings 700 1400 Total Liabilities and Equity 22050 24,200 > Prepare Cash Flow Statement taking into consideration the following:_Net profit 3000
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