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The statement of cash flows reports the inflows and

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Unformatted text preview: cash during the period in the categories of For the Year Ended December 31, 2009 operating, investing, and financing. (in thousands of dollars) Cash flows from operating activities: Cash collected from customers Cash paid to suppliers and employees Cash paid for interest Cash paid for taxes Net cash flow from operating activities Cash flow from investing activities: Cash paid to purchase equipment Net cash flow from investing activities Cash flow from financing activities: $ 33,563 (30,854) (450) (1,190) Change in Cash = CFO + CFI + CFF Cash received from bank loan Cash paid for dividends $ $ (1,625) (1,625) $ 1,400 (1,000) Net cash flow from financing activities Net decrease in cash during the year 400 $ Cash at beginning of the year Cash at end of the year Chapter One 1,069 (156) 5,051 $ 4,895 Slide 24 MAXIDRIVE CORP. Statement of Cash Flows For the Year Ended December 31, 2009 (in thousands of dollars) Cash flows from operating activities: Cash collected from customers Cash paid to suppliers and employees Cash paid for interest Cash paid for taxes Net cash flow from operating activities Cash flow from investing activities: Cash paid to purchase equipment Net cash flow from investing activities Cash flow from financing activities: Cash received from bank loan $ $ $ 1,069 (1,625) (1,625) $ Cash paid for dividends 33,563 (30,854) (450) (1,190) 1,400 (1,000) Net cash flow from financing activities Net decrease in cash during the year 400 $ Cash at beginning of the year (156) 5,051 Cash at end of the year $ 4,895 Chapter One Slide 25 Relationship Among the Statements MAXIDRIVE CORP. Income Statement For the Year Ended December 31, 2009 (in thousands of dollars) Revenues Sales revenue Expenses Cost of goods sold $ 26,980 Selling, general and administrative 3,624 Research and development 1,982 Interest expense 450 Total expenses Pretax income Income tax expense Net i ncome Net income $ 37,436 Net income from the income statement increases ending retained earnings on the statement of retained earnings. 33,036 $ 4,400 1,100 $ 3, 300 MAXIDRIVE CORP. Statement of Retained Earnings For the Year Ended December 31, 2009 (in thousa...
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