CHAPTER3HANDOUT - 2,500 1,500 Long Term Debt 1,500 750...

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Use the information below to answer the following questions: LIST OF ITEMS FROM THREE TEQUILA FLOOR INC.’s BALANCE SHEET AND INCOME STATEMENT FROM 2009 AND 2010. ITEM 2009 2010 Accounts Receivable 1,500 2,000 Accounts Payable 750 500 Accurals 500 750 Additional Paid-in-Capital 3,500 4,500 Cash 1,000 1,500 Common Stock at Par @$0.10 500 750 Cost of Goods Sold (COGS) 3,000 3,500 Depreciation Expense 750 500 Interest Expense 500 750 Inventory
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Unformatted text preview: 2,500 1,500 Long Term Debt 1,500 750 Managerial Expense 500 750 Net Fixed Assets 4,000 4,500 Notes Payable 750 500 Retained Earnings 1,500 1,750 Sales 5,000 6,000 Taxes 50 200 1) What was the change in cash in 2010? 2) What was the Cash Flow from Operations in 2010? 3) What was the Cash Flow from Investing in 2010? 4) What was the Cash Flow from Financing in 2010?...
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This note was uploaded on 11/29/2011 for the course FIN 3300 taught by Professor Toddstotnitch during the Fall '11 term at Georgia State University, Atlanta.

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CHAPTER3HANDOUT - 2,500 1,500 Long Term Debt 1,500 750...

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