P18-5A - -8,000 Net increase in cash 18,000 Cash at the...

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Homework # 5 P18-5A a) Louis Zimmer Company Statement of Cash Flows For the Year Ended December 13, 2005 Cash flows from operating activities Net income 13,000 Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense 16,000 Gain on sale of equipment -8,500 Increase in accounts receivable -14,000 Decrease in merchindise inventory 10,000 Increase in accounts payable 4,000 Decrease in income taxes payable -3,000 4,500 Net cash provided by operating activities 17,500 Cash flows from investing activities Sale of equipment 8,500 Net cash provided by investing activities 8,500 Cash flows from financing activities Issuance of common stock 4,000 Redemption of bonds payable -8,000 Payment of cash dividends -4,000 Net cash provided by financing activities
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Unformatted text preview: -8,000 Net increase in cash 18,000 Cash at the beginning of the period 13,000 Cash at the end of the period 31,000 b) =--5,000 17,500 8,500 4,000 Free Cash Flow Cash Provided by Operations Capital Expenditures Cash Dividends Accumulated Depreciation at January 1, 2005 $24,000 Book value of equipment ($18,000 - $8,500) - 9,500 _______ $14,500...
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P18-5A - -8,000 Net increase in cash 18,000 Cash at the...

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