hw5.3 - Decrease in Notes Payable-$44,000.00 Increase in...

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Dong Hyun Koo A36594103 The Fred Proffet Company Statement of Cash Flows DEC 31, 2012 Net Cash Flow from Operating Activities Net Income $260,000.00 Adjustments to reconcile net income to net cash flow from operating activities Depreciation $105,000.00 Increase in Net Receivables $30,000.00 Decrease in Inventories -$14,000.00 Decrease in Accounts Payable -$19,000.00 Decrease in Other Current Liabilities -$336,000.00 $504,000.00 Net Cash Flow from Operating Activities $764,000.00 Net Cash Flow from Investing Activities Decrease in Marketable Securities -$40,000.00 Increase in Property and Equipment $300,000.00 Net Cash Flow from Investing Activities $340,000.00 Net Cash Flow from Financing Activities
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Unformatted text preview: Decrease in Notes Payable-$44,000.00 Increase in Long Term Debt $380,000.00 Increase in Capital Stock (Common Stock+Paid In Capital) $100,000.00 Dividends Paid $156,000.00 Net Cash Flow from Financing Activities $280,000.00 Net Increase in Cash during 2012 $14,000.00 Cash at the beginning of 2012 $336,000.00 Cash at the end of 2012 $350,000.00 Supplementary Disclosure of Cash Flow Info Cash paid during the year for Interest $242,000.00 Income Taxes $173,000.00 e. The purpose of the Supplementary Disclosure of Cash Flow Information is to account for how much cash went out for interest and income statement....
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This note was uploaded on 04/29/2009 for the course HB 302 taught by Professor Staff during the Spring '08 term at Michigan State University.

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hw5.3 - Decrease in Notes Payable-$44,000.00 Increase in...

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