What is the firm's cash flow from financing? Category Prior Year Current Year Accounts payable Accounts...

 

Transcribed Image Text:

What is the firm's cash flow from financing? Category Prior Year Current Year Accounts payable Accounts receivable Accruals Additional paid in capital Cash Common Stock 2,850 2,850 COGS 22,630.00 18,803.00 Current portion long-term debt 500 500 Depreciation expense 969.00 1,002.00 Interest expense 1,253.00 1,123.00 Inventories 3,057.00 6,707.00 Long-term debt 16,956.00 22,093.00 Net fixed assets 75,761.00 73,929.00 Notes payable 4,044.00 6,531.00 Operating expenses (excl. depr.) 19,950 20,000 Retained earnings 35,770.00 34,584.00 Sales 46,360 45,562.00 Taxes 350 920 3,123.00 5,945.00 6,820.00 8,974.00 5,644.00 6,024.00 20,082.00 13,900.00 ??? ??? What is the firm's cash flow from financing? Category Prior Year Current Year Accounts payable Accounts receivable Accruals Additional paid in capital Cash Common Stock 2,850 2,850 COGS 22,630.00 18,803.00 Current portion long-term debt 500 500 Depreciation expense 969.00 1,002.00 Interest expense 1,253.00 1,123.00 Inventories 3,057.00 6,707.00 Long-term debt 16,956.00 22,093.00 Net fixed assets 75,761.00 73,929.00 Notes payable 4,044.00 6,531.00 Operating expenses (excl. depr.) 19,950 20,000 Retained earnings 35,770.00 34,584.00 Sales 46,360 45,562.00 Taxes 350 920 3,123.00 5,945.00 6,820.00 8,974.00 5,644.00 6,024.00 20,082.00 13,900.00 ??? ???

Answer rating: 100% (QA)

To calculate the firms cash flow from financing we need to consider the changes in the relevant acco... View the full answer