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Unformatted text preview: DPS 0.22 0.11 Tax rate 0.4 0.4 2010 Statement of Cash Flows Operating Activities Net income-95136 Adjustments: Noncash adjustments Depreciation 116960 Changes in working capital: Change in accounts receivable-280960 Change in inventories-572160 Change in accounts payable 178400 Change in accruals 148960 Net cash provided (used) by operating activities-503936 Investing Activities Cash used to acquire fixed assets-711950 Change in shore-term investments 28600 Net cash provided (used) by investing activities-683350 Financing Activities Change in notes payable 520000 Change in long-term debt 676568 Change in common stock Payment of cash dividends-11000 Net cash provided (used) by financing activities 1185568 Summary Net change in cash-1718 Cash at beginning of year 9000 Cash at end of year 7282...
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This note was uploaded on 11/02/2011 for the course ECONOMY G123/EC100 taught by Professor Melissa during the Spring '10 term at Rasmussen College.
- Spring '10