Sales $7000 3000 Less: Cost of goods sold Gross Profit Less: Operating expenses Selling expenses General...

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Sales $7000 3000 Less: Cost of goods sold Gross Profit Less: Operating expenses Selling expenses General and administrative e

2013 2012 2013 Assets Current Assets Cash Account Receivable Inventory Total current assets 980 800 500 2280 2200 Liabilities

CF from Operating Activities Net profits after taxes Depreciation for the year decrease in account receivable decrease in inv

business accounting

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Answer 1

Answer #1

1414 80 200 CF From Operating Activities -Net Profit after tax Depreciation for the year (Increase)/Decrease in Current Asset

Proof:-

Net Increase in Cash = $380

Add: Cash at the beginning of the Year = $600

Cash at the end of the Year $980

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Answer 2

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Sales $7000 3000 Less: Cost of goods sold Gross Profit Less: Operating expenses Selling expenses General...

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Sales $7000 3000 Less: Cost of goods sold Gross Profit Less: Operating expenses Selling expenses General...

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