Question: Use information below for questions 39 - 41. Please assume that net income from the 2002 statement was equal to $1,396. Balance Sheet 0 2001
Use information below for questions 39 - 41. Please assume that net income from the 2002 statement was equal to $1,396. Balance Sheet 0 2001 2002 2001 2002 Assets Liabilities Cash 3,6144,750 Notes Payable 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 0330 Gross Plant and Equipment 1.445 1,907" Less: Accumulated Depreciation 515 715 Stockholders' Equity Net Plans 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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
