Module 6.1 Cash Flow B-1 Operating Activities

Module 6.1 Cash Flow B-1 Operating Activities - $600,000...

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Evergreen Inc. Comparative Balance Sheets December 31, 2012 Assets 12/31/2012 12/31/2011 Cash $357,000 $312,000 Accounts Receivable $80,000 $83,000 Inventory $213,000 $199,000 Prepaid Expenses $25,000 $21,000 Fixed Assets $463,000 $419,000 Accumulated Depreciation $(213,000) $(201,000) Total Assets $925,000 $833,000 Liabilities & Stockholders' Equity Accounts Payable $112,000 $120,000 Salaries Payable $30,000 $28,000 Bonds Payable $50,000 $30,000 Common Stock
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Unformatted text preview: $600,000 $570,000 Retained Earnings $133,000 $85,000 Total Liabilities & $925,000 $833,000 Stockholders' Equity Net income Dep expense Decrease in A/R The change in retained Increase in Merch inve earnings was due to net Increase in Prepaid Exp income of $55,000 and Decrease in A/Paya payment of $7,000 of dividends $46,000.00 55,000.00 12,000.00 3,000.00 (12,000.00) (4,000.00) (8,000.00) (9,000.00) 46,000.00...
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This note was uploaded on 06/09/2011 for the course ACC F1504 taught by Professor Susan during the Spring '10 term at Keller Graduate School of Management.

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Module 6.1 Cash Flow B-1 Operating Activities - $600,000...

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