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12O IM 2003 Stmt Cash Flows

12O IM 2003 Stmt Cash Flows - APPLE BLOSSOM COLOGNE COMPANY...

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APPLE BLOSSOM COLOGNE COMPANY Statement of Cash Flows Years Ended December 31, 2003 and 2002 2003 2002 Cash flows from operating activities: Net income $188,122 $274,823 Add <Deduct> items not using <providing> cash: Depreciation ................................................................................. 82,375 64,422 Change in accounts receivable .................................................... (69,623) 4,509 Change in allowance for bad debts ............................................. (6,300) (1,880) Change in miscellaneous receivables .......................................... (3,750) Change in inventory .................................................................... 121,279 (285,627) Change in prepaid expenses……………………………….. (236) 4,049 Securities purchased on account………………………….. (37,600) Change in accounts payable ........................................................ 639 82,512 Change in accrued liabilities ....................................................... 46,648 28,210 Change in income taxes payable ................................................. (59,664) 49,542 Gain or loss--sale of assets .......................................................... 15,270 (18,638) Gain or loss--sale of investments ............................. ……….. (25,975) Amortization of bond discoount……………………………… (220) Net cash provided--operating activities ................................................ $250,965 $201,922 Cash flows from investing activities: Cash provided Sale of assets ................................................................... 12,450 39,638 Sale of securities ..............................................................
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