This preview shows page 1. Sign up to view the full content.
Unformatted text preview: Depreciation 7300 Loss on sale of investment 5000 Change in current operating assets and liabilities: Increase on account receivable-9300 Increase in inventory-4200 Increase on acount payable 5700 Increase in accrued expense 1800 Net cash net cash flow from operating activities 72200 Cash flow from investing activites Cash received from sale of investment 45000 Loss: Cash paid for purchase of land 145000 Cash paid for purchase of equipment 39500 184500 Net cash flow for investing activities-139500 Cash flow from financing activites: Cash received from sale of common stock 126000 Loss cash paid for dividents 47500 Net cash flow provided by financing activites 78500 Increase in cash 11200 Cash at beginning at the year 23500 Cash at the end of the year 34700...
View Full Document
This note was uploaded on 05/30/2010 for the course HCMC 1273149 taught by Professor Lethithuylinh during the Spring '10 term at Alamance Community College.
- Spring '10