Question

what is the formula for change in long term liabilities?

Follow the example in the text: order of items in each category counts ance Sheets Statement of Cash Flows Cash Accounts Receivable Inventory Net PP&E Total Assets 2019 248 492 1,255 7,850 9,845 2018 258 501 1.105 7,512 Change (10) 91 - 150 Cash Flows from Operating Activities Operating Cash Flows Change in Current Assets Change in Current Liabilities Net Cash Flows from Operating Activities 1.151 11411 1131 997 Se Cash Flows from Investing Activities Capital Spending Net Cash Flows from Investing Activities (5961 Accounts Payable Notes Payable (Long Term] LT Debt Common Stock & APIC Retained Earnings Total Liabilities and Equity 295 1.150 1.101 2,150 850 4,900 9,8459 ,376 TRUE TRUE (244) 316) Cash Flows from Financing Activities Interest Expense Dividends Paid Change in Long Term Liabilities Change in Common Stock Net Cash Flows from Financing Activities Income Statement (10) 2019 4,125 1,895 744 Net Cash Flows - 2019 Beginning Cash Balance Endine Cash Balance should agree to haunce sheer 248 TRUE Sales Cost of Goods Sold SG&A Expenses Depreciation EBIT Interest Expense Taxable income Income Tax Expense Net Income 1228 244 984 649 Dividends Paid:

Answer 1

The formula cannot be given since the cell references have not been provided in the question. I have however shown the calculations by directly using the amounts concerned. Kindly replace the amount by the cell reference for getting the formula. The formula that can be used for the change in long-term liabilities is:

1. 49 + 75 = 124

OR

2. (1150 – 1101) + (2150 – 2075) = 124

OR

3. 1150 + 2150 – 1101 – 2075 = 124