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Category Prior Year Current Year Accounts payable 3,137.00 5,906.00 Accounts receivable 6,860.00 9,045.00 Accruals 5,606.00 6,188.00...

Category Prior Year Current Year
Accounts payable 3,137.00 5,906.00
Accounts receivable 6,860.00 9,045.00
Accruals 5,606.00 6,188.00
Additional paid in capital 19,872.00 13,872.00
Cash ??? ???
Common Stock 2,850 2,850
COGS 22,623.00 18,915.00
Current portion long-term debt 500 500
Depreciation expense 956.00 1,001.00
Interest expense 1,273.00 1,148.00
Inventories 3,061.00 6,661.00
Long-term debt 16,574.00 22,293.00
Net fixed assets 75,316.00 74,011.00
Notes payable 4,008.00 6,541.00
Operating expenses (excl. depr.) 19,950 20,000
Retained earnings 35,161.00 34,732.00
Sales 46,360 45,422.00
Taxes 350 920

What is the firm's total change in cash from the prior year to the current year?

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Answer #1

Note:

Total assets = Total liabilities and equities

Cash = Total assets - All other assets

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