Complete the statement of cash flow. Please enter numbers and signs only, no spa

Question

Complete the statement of cash flow. Please enter numbers and signs only, no space or sy FNC300 Inc. Income Statement 2014 Sales 5 000000 3000000 2 000000 COGS Gross Profits Operating Expenses selling expenses general & admin. expenses lease expenses depreciation expense 200000 200000 100 000 100 000 600000 total operating expenses Operating Profits 1400000 Interest expense Net Profit Before Taxes 200000 1200 Taxes (30%) 360 Net Profit After Taxes 840 Preferred stock dividends 40 800 000 200 000 600 0001 Earnings Available for Common Stockholders Common stock dividends Retained earnings

Explanation / Answer

Statement of cash flow

Cash flow from operating activities

Net profit after taxes 840000

Depreciation for the year 100000

increase in Account receivable (100000)

decrease in inventory 100000

decrease in accounts payable (100000)

Cash provided by operating activities 840000

Cash flow from investment activities

increase in gross fixed assets (100000)

Cash used by invesmtent activities (100000)

Cash flow from financing activities

decrease in notes payable (100000)   

increase in long term debt 100000

dividend    (240000)

Cash used by financing activities (240000)

Net increase in cash and marketable securities 500000   

Add: Cash at beginning   500000

  Cash at end 1000000

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.