Cash Flow

USA Discussion in 'Exams and Studying' started by Acacia333, Jun 18, 2017.

  1. Acacia333

    Acacia333

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    Can someone please help me with this.

    Purple Company's cash balance at December 31, 2009, was $136,000. Calculate the company's cash balance at December 31, 2010, given the following information for the year ended December 31, 2010. Show your work.


    Net Income

    $370,000

    Depreciation and Amortization Expense

    98,000

    Increase in Accounts Receivable (net)

    14,000

    Decrease in Inventory

    25,000

    Increase in Accounts Payable

    20,000

    Net Cash Flows from Investing Activities

    133,000

    Net Cash Flows from Financing Activities

    (600,000)
     
    Acacia333, Jun 18, 2017
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  2. Acacia333

    Fidget VIP Member

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    You're being asked to produce a Statement of Cash Flows for y/e 31/12/2010. What part of it are you stuck at?
     
    Fidget, Jun 20, 2017
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