Cash

Transactions Activity
Effect
1. Salaries and wages payable decreased.  OA CO
2.Equipment was purchased. IA CO
3.Cash dividend was declared and paid. FA CO
4. Common stock was repurchased and retired. FA NE
5. Rent was received from subleasing office space, reducing rent
NE CO
receivable.
6. Stock dividends were declared and issued on common stock. FA CI
7. Bonds were issued that will be due 10 years. NE NE
8. Stock of another company was purchased. IA CO
9. Equipment was purchased by giving a long term note to the seller. IA NE
10.Preferred stock was sold to investors FA CI
11.Merchandise Inventory increased. OA CO
12. Land was acquired by issuing shares of common stock IA NE
13. Sold an old equipment above its book value FA CI
14. Payment of accounts payable OA CO
15. Dividends were received on stock of another company, held as an
IA CI
investment

 
FDC Company has the following details for two-year period ending 2019 and
2018.

2019 2018
Cash  350,000 150,000
Accounts receivable  840,000 580,000
Merchandise Inventory  660,000 420,000
Prepaid Expenses 50,000 100,000
Long term Investment 200,000 200,000
Property, Plant and Equipment 1,130,000 600,000
Accumulated depreciation 110,000 50,000
Accounts Payable 530,000 440,000
Notes Payable 160,000 100,000
Accrued Expenses Payable 140,000 130,000
Notes Payable - Long term 500,000 -
Share Capital 1,200,000 900,000
Retained Earnings 590,000 430,000

Sales 6,400,000 4,000,000

Cost of goods sold 5,000,000 3,200,000
Operating expenses 1,000,000 520,000
Interest expense  60,000 -
Income before tax 340,000 280,000
Income tax  (30%) 102,000 84,000
Net Income 238,000 196,000
======= =======

From the above information, compute the following for 2019 operations.  Write Final
Answer in the blank provided.  Show computations.

1. Working Capital   ______________1,900___________

2. Net Working Capital   ________1,410,000_____________________
3. Net Operating working Capital  (NOWC) 
________1,280,000____________________
4. Operating Capital     ______1,120,000____________________________
5. Net Operating Profit After Tax  (NOPAT) 
280,000______________________________
6. Net Cash Flow   __________________________________
7. Operating Cash Flow (OCF)   _____390,000__________________________
8. Free Cash Flow  (FCF)   _____________________________________
9. Cash Flow from Operating Activities   
____________________390,000_____________
10. Net Cash Flow from Financing Actvities
___________________________________