223_Hwk_13_Solutions - HA 223 E131. O NA F O I F O F F O...

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HA 223 Homework 13 solutions E13–1. O 1. Depreciation and amortization NA 2. Cash collections from customers F 3. Dividends paid O 4. [Change in] Inventory I 5. Payments to acquire property and equipment F 6. Repayments of long-term debt O 7. Net income F 8. Proceeds from issuance of common stock to employees F 9. Net repayments of notes payable to banks O 10.[Change in] Accounts payable and accrued expenses E13–3. 1. – NCFI Plant and equipment Cash 2. NE Inventory Accounts payable 3. + NCFO Cash Accounts receivable 4. NE Salaries expense Accrued salaries payable 5. – NCFO Interest expense Cash 6. – NCFF Short-term debt Cash 7. – NCFO Prepaid expenses (rent) Cash 8. + NCFI Cash Accumulated depreciation Plant and equipment 9. – NCFO Accounts payable Cash 10. – NCFF Retained earnings Cash
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E13–14. Req. 1 Cash flows from operating activities—indirect method Net income. ................................................................................................ $1,587.9 Depreciation and amortization. .................................................................. 1,444.2 Increase in accounts receivable. ............................................................... (161.0) Increase in inventory. ................................................................................ (89.5) Decrease in prepaid expense. ................................................................... 3.3 Increase in accounts payable. ................................................................... 143.2 Decrease in taxes payable. ....................................................................... (125.1) Decrease in other current liabilities. .......................................................... (96.7) Cash flows from operating activities. .................................................. $2,706.3 Note: The cash dividends paid and treasury stock purchased are not related to
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223_Hwk_13_Solutions - HA 223 E131. O NA F O I F O F F O...

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