Scribd Logo
Upload

Welcome to Scribd!

  • Cash Flow

    Uploaded by

    Mary Ann Porcel
    5 views1 page
    The company had a net loss of $12,000 from operating activities as increases in accounts receivable and inventories outweighed increases in account payables and interest payable. Investing activities used $550,000 for long-term investments and property/equipment. Financing activities provided $762,000 from additional share capital and long-term notes payable, despite dividend payments. Overall, cash increased $200,000 to $350,000.

    Original Description:

    cash flow

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The company had a net loss of $12,000 from operating activities as increases in accounts receivable and inventories outweighed increases in account payables and interest payable. Investing activities used $550,000 for long-term investments and property/equipment. Financing activities provided $762,000 from additional share capital and long-term notes payable, despite dividend payments. Overall, cash increased $200,000 to $350,000.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views1 page

    Cash Flow

    Uploaded by

    Mary Ann Porcel
    The company had a net loss of $12,000 from operating activities as increases in accounts receivable and inventories outweighed increases in account payables and interest payable. Investing activities used $550,000 for long-term investments and property/equipment. Financing activities provided $762,000 from additional share capital and long-term notes payable, despite dividend payments. Overall, cash increased $200,000 to $350,000.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Operating Activities

    Net income P 238,000.-


    Depreciation 60,000.-
    Increase in Accounts Receivable ( 260,000.-)
    Increase in Inventories ( 240,000.-)
    Decrease in Prepaid Expenses 50,000.-
    Increase in Account Payable 90,000.-
    Increase in Interest Payable 40,000.-
    Increase in Accruals 10,000.-
    NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES P ( 12,000.-)

    Investing Activities
    Cash used to acquire Long term Investments P ( 20,000.-)
    Purchased Property, Plant and Equipment (530,000.-)
    NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES P ( 550,000.-)

    Financial Activities
    Additional Share Capital P 300,000.-
    Increase in Notes Payable- Long term 500,000.-
    Payment of cash Dividends (38,000.-)
    NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES P 762,000.-

    Summary
    Net change in Cash P 200,000.-
    Cash at the Beginning of year 150,000.-
    Cash at the end of the year P350,000.-

    You might also like