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BE5 - Homework 5 Brief Exercises BE18-1 Bliar Co Statement...

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Homework # 5 Brief Exercises BE18-1 Bliar Co. Statement of Cash Flows For the Year Ended December 13, 2005 Cash flows from operating activities Net income 2,500,000 Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense 180,000 Decrease in accounts receivable 350,000 Decrease in accounts payable -310,000 220,000 Net cash provided by operating activities 2,720,000 BE18-2 Karen Sepaniak Co. Statement of Cash Flows For the Year Ended December 13, 2005 Cash flows from operating activities Net income 280,000 Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense 60,000 Loss on sale of plant assets 10,000 70,000 Net cash provided by operating activities 350,000 BE18-3 a) Financing activities b) Investing activities c) Investing activities d) Financing activities BE18-4 Mogilny Company Statement of Cash Flows For the Year Ended December 13, 2005 Cash flows from operating activities Net income 250,000 Adjustments to reconcile net income to net cash provided by operating activities Decrease in accounts receivable 75,000
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