Assignment 5 Luyao Wang

Assignment 5 Luyao Wang - 2,000-3,000 2,000 Decrease in...

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Luyao Wang A39824471 Cash Budget Adjusted Net Income Approach 20×1 20×2 20×3 Cash-beginning of year 40,000 92,000 180,000 Sources of Cash Net Income -20,000 0 150,000 Add: Depreciation 30,000 30,000 30,000 10,000 30,000 180,000 Other Sources: Sale of Capital Stock 100,000 0 0 Total 110,000 30,000 180,000 Uses of Cash Increase inAccounts Receivable 5,000 5,000 -5,000 Increase in Inventory
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Unformatted text preview: 2,000-3,000 2,000 Decrease in Accounts Payable-5,000 6,000-7,000 Interest Expense 20,000 19,500 19,000 Principal Reduction 10,000 10,500 11,000 Purchase of Property 20,000 50,000 Income taxes paid 45,000 Payment of Dividends 60,000 Total 58,000-58,000 55,000 Estimated Cash- end of year 92,000 180,000 305,000...
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