CF examples (1)

CF examples (1) - Statement of Cash Flows Cash flows from...

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Statement of Cash Flows Cash flows from operating activities Net income 34000.00 Adjustments increase in A/R (36000.00) increase in A/P 5000.00 Net cash provided by operations 3000.00 Cash flows form financing Issue of common stock 60000.00 Payment of cash dividends (14000.00) Net cash from financing 46000.00 Increase in cash 49000.00 Beginning balance of cash 0 Ending balance 49000.00
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Cash flows example 2 Worksheet 2003 12/31/2004 12/31/2003 Cash $37,000.00 $49,000.00 ($12,000.00) Accounts receivable $26,000.00 $36,000.00 ($10,000.00) Prepaid expenses $6,000.00 $0.00 $6,000.00 Land $70,000.00 $0.00 $70,000.00 Building $200,000.00 $0.00 $200,000.00 A/D--building ($11,000.00) $0.00 ($11,000.00) Equipment $68,000.00 $0.00 $68,000.00 A/D--Equipment ($10,000.00) $0.00 ($10,000.00) Liab. and stockholders' equity A/P $40,000.00 $5,000.00 $35,000.00 B/P $150,000.00 $0.00 $150,000.00 Common stock ($1 PV) $60,000.00 $60,000.00 $0.00 Retained earnings $136,000.00 $20,000.00 $116,000.00 Income Statement Revenues $492,000.00 Operating expenses $269,000.00 Depreciation $21,000.00 $290,000.00 Income from operations $202,000.00 Income tax expense $68,000.00 Net Income $134,000.00 Additional information In 2004, the company paid $18000 for cash dividends The company issued $150,000 Long-term bonds Land, building and equipment were acquired for cash.
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Example 3-2005 Worksheet 12/31/2005 12/31/2004 Change debit Cash 54,000.00 $37,000.00 $17,000.00 Accounts receivable 68,000.00 $26,000.00 $42,000.00 42000 Inventories
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