Carman Lui 16_2A - $169,600 Cash flow from investing...

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Carman LUI Pro 16_2A AMELIA ENTERPRISES, Inc. Statement of Cash Flow- Indriectly Method For the ended December 31,2010 Cash flow from operating activities: Net income: $126,000 Adjustments to reconcile net income to net cash flow from operating activites: Decreciation 41,700 Changes in current operating assets and liabilities: Decrease in accounts receivable 8,700 Increase in merchandise inventory (11,200) Increase in prepaid expenses (1,900) Decrease in accounts payable 6,300 Net cash flow from operating activities
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Unformatted text preview: $169,600 Cash flow from investing activites: Cash paid for equipment $81,400 Net cash flow used for investing activities (81,400) Cash flows from financing activities: Cash received from sale of common stock 140,000 Less cash paid for dividends $76,800 Cash paid to retire mortgage note payable 168,000 244,800 Net cash flow used in financing activities (104,800) Decrease in cash ($16,600) Cash at the beginning of the year 89,900 Cash at the end of the year $73,300...
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This note was uploaded on 04/13/2010 for the course ACTG 1B a taught by Professor 2 during the Spring '10 term at Foothill College.

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