Question

	2014	2015
Accounts payable	440	380
Accounts receivable, net	1,810	2,040
Accruals	95	120
Cash	120	100
Capital surplus	1,120	1,290
Common stock	1,000	1,100
Cost of Goods Sold	6,610	6,420
Depreciation expense	1,550	1,650
Interest expense	140	170
Inventory (end of year)	5,720	5,530
Long-term debt	3,890	4,150
Net fixed assets	7,530	8,050
Net sales	10,750	11,050
Notes payable	800	740
Operating expenses (excluding depreciation)	1,680	1,780
Retained earnings	7,835	7,940
Taxes	250	360

22. Cash flow from operating activities in 2015 is $________?

Cash flow from investing activities in 2015 is $________?

Cash flow from financing activities in 2015 is $________?

Answer 1

Cash flow statement

Cash flow from operating activities

Net income [7940-7835] 105

add: Depreciation    100

205

decrease in inventory   190

decrease in Accounts payable (60)

increase in Accounts receivable, net (230)

increase in Accruals 25

Net Cash flow from operating activities 130

Cash flow from investing activities

increase in fixed assets (620)

Net Cash flow from investing activities (620)

Cash flow from Financing activities

increase in Capital surplus 170

increase in common stock 100

payment of Notes payable (60)

increase in long term debt 260

Net Cash flow from Financing activities 470

Net change in cash (20)

Add: Cash at beginning     120

Cash at end 100

1. Cash flow from operating activities in 2015 is $130

2. Cash flow from investing activities in 2015 is ($620)

3. Cash flow from financing activities in 2015 is $470