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90 Item Current year Prior year 8,128.00 Accounts payable 7,790.00 unanswered not submitted Attempts Remaining: Infinity Acco

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Answer #1
Sales in current year 45780
COGS 18154
Gross Profit 27626
Depreciation expense 2751
Interest expense 417
Operating expense(excluding Depreciation) 18172
Taxes 2775
Net Income 3511
Retained Earning Current Year 29563
Retained Earning Prior Year 28977
Addition to retained earning 586 (29563-28977)
Dividend payout=3511-586 2925
CASH FLOW FROM FINANCING
a Increase in common stock 2794 (12981-10187)
b Decrease in current portion of long term debt -94 (4937-5031)
c Decrease in Long term debt -96 (14169-14265)
d Increase in Notes Payable 5606 (9991-4385)
e Dividend payout -2925
f=a+b+c+d+e Net Cash Flow from financing 5285
Firm's cash flow from financing 5285
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