Cash Flow Preparation

Cash Flow Preparation - Cash Flow Preparation Cash Flow...

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Cash Flow Preparation Cash Flow Preparation Ronda L. Brewer FIN/200 April 10, 2011 Brad Slentz
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Cash Flow Preparation Crosby Corporation Statement of Cash Flows For the Year Ended December 31, 2010 Cash flows from operating activities: Net Income (earnings after taxes)………………………………… 160,000 Adjustments to determine cash flow from operation activities: Add back depreciation………………………………. . 150,000 Increase in accounts receivable……………………. . (50,000) Increase in inventory………………………………….(20,000) Decrease in prepaid expenses……………………… |20,000 Increase in accounts payable………………………. . 190,000 Decrease in accrued expenses……………………. . (20,000) Total Adjustments……………………………. 270,000 Net cash flows from operating activities…… 430,000 Cash flows from investing activities: Decrease in investments……………………………………………
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