AC116_Unit 9 - Net cash flow from operating activities...

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Problem 16-1A Name: Section: Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount in the outlined cells. MAVENIR TECHNOLOGIES INC. Statement of Cash Flows For the Year Ended December 31, 2010 Cash flows from operating activities: Net income $75,520 Err:511 Adjustments to reconcile net income to net cash flow from operating activities: A Depreciation Err:511 9,200 Err:511 Gain on sale of investments Err:511 (20,000) Err:511 Changes in current operating assets and liabilities: Err:511 Increase in accounts receivable Err:511 (9,440) Err:511 D Increase in inventories Err:511 (12,320) Err:511 Increase in accounts payable Err:511 11,760 Err:511 Decrease in accrued expenses Err:511 (5,200) Err:511
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Unformatted text preview: Net cash flow from operating activities $49,520 Err:511 Err:511 Cash flows from investing activities: Cash received from sale of investments Err:511 $140,000 Err:511 Cash paid for purchase of land Er $164,000 Err:511 Cash paid for purchase of equipment Er 76,000 Err 240,000 Err:511 Net cash flow used for investing activities (100,000) Err:511 Err:511 Cash flows from financing activities: Cash received from sale of common stock Err:511 $116,000 Err:511 Cash paid for dividends Err:511 45,600 Err:511 Net cash flow provided by financing activities 70,400 Err:511 Increase in cash $19,920 Err:511 Cash at the beginning of the year 292,960 Err:511 Cash at the end of the year $312,880 Err:511...
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This note was uploaded on 03/27/2012 for the course ACCT AC116 taught by Professor Hobbs,j during the Spring '10 term at Kaplan University.

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