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Unformatted text preview: E4-15Statement of cash flows2006 Bluebonnet BakersCash flows from operating activities:Cash received from customers380,000Cash received from interest on notes payable6,000Cash paid for purchase of inventory(160,000)Cash paid for salaries to employees(90,000)Cash paid for interest on note payable(5,000)Net cash flow from operating activities$131,000Cash flows from investing activities:Cash paid for purchase of equipment(85,000)Cash flows from financing activities:Proceeds from note payable100,000Payment of dividends to shareholders(20,000)Net cash flows from financing activities$80,000E4-16FinancingInvestingOperating1.300,0002.No changeNo change3.90,0004.120,0005.(5,000)6.(6,000)7.(70,000)8.55,0009.1,000E4-18Tiger EnterprisesStatement of Cash FlowsFor Year End December 31, 2006($ in thousands)Cash Flows from operating activities:Net income$900Adjustments for noncash effects:Depreciation Expense240Decrease in accounts receivable80Increase in inventory(40)Increase in prepaid insurance(30)Decrease in accounts payable(60)Decrease in administrative & other payables...
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This note was uploaded on 03/27/2011 for the course ACC 305 taught by Professor B.forde during the Spring '11 term at Ashford University.
- Spring '11