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Assignment 25 - 4-27

Assignment 25 - 4-27 - E13-1 O NA F O I F O F F O E13-2 F O...

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E13-1 O . NA . CASH COLLECTIONS FROM CUSTOMERS F . DIVIDENDS PAID O . CHANGE IN INVENTORY I . F . REPAYMENT OF DEBT O . NET INCOME F . PROCEEDS FORM ISSUANCE OF STOCK F . REPAYMENT OF NOTES PAYABLE O . E13-2 F . DIVIDENDS PAID O . INCOME TAXES PAID O . INTEREST RECEIVED NA . NET INCOME I . O . PAYMENT FOR OPERATIONS F . PROCEEDS FORM ORDINARY STOCK I . PROCEEDS FORM ISSUANCE OF STOCK O . F . PAYMENT OF LOANS E13-7 Cash from Operating: Net loss ($6,000) Depreciation XP 7,000 Amortization of © 300 Acct Receivable 12,000 Salaries Payable 9,000 Accrued Liabilities (4,000) Net Cash $18,300 Net loss occurred because of depreciation XP (non-cash expense.) The reason for the difference between net income and cash flow are important because they help understand the trends. E13-14
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Assignment 25 - 4-27 - E13-1 O NA F O I F O F F O E13-2 F O...

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