ORIE 350 Lecture 5 - ORIE 350 Lecture 5 Cash Eqn C = L +...

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ΔC = ΔL + ΔSE- ΔNCA ORIE 350 Lecture 5 Cash Eqn 1. Accounts receivable 2. Accounts Payable Beginning accounts payable: 100,000 Ending Accounts payable: 80,000 ΔC= ΔL= 80,000-100,000= -20,000 3. Inventory (NCA) Beginning Inventory: 250,000 Ending inventory: 300,000 ΔC= -ΔNCA= -(300,000-250,000)= -50,000 Cash Flow Statements 1. Operating Section a. Indirect Method b. direct method 2. Investing Section 3. Finance Section Ice #11 Net Income (9, 482) Depreciation Expense 33, 305 Increase in accounts receivable 170 Decrease in inventory 643
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Increase in prepaid Expenses 664 Decrease in AIP 2282 Decrease in Accounts payable 719 Increase in IT payable 1,861 Reduction in Long Term Debt 12,691(financing) Increase in Equipment 29, 073(financing)
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Sizzler Inc Statement of Cash Flows Year Ended Dec 31, 2007 Cash Flows from operating activities Net income (9,482) Depreciation Exp addback 33, 305 Increase in Accts receivable (170) Decrease in inventory C=-NCA 643 Increase in prepaid Exp C= -NCA
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This note was uploaded on 03/30/2008 for the course ORIE 350 taught by Professor Callister during the Spring '08 term at Cornell University (Engineering School).

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ORIE 350 Lecture 5 - ORIE 350 Lecture 5 Cash Eqn C = L +...

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