552748
552748
552748
Current assets:
Cash and cash equivalents
Accounts receivable
Inventories
Plant assets:
Land
Equipment, net
Total assets
Current liabilities:
Accounts payable
Accrued liabilities
Long-term liabilities:
Notes payable
Stockholders’ equity:
Common stock
Retained earnings
Total liabilities and stockholders’ equity
Land worth $ 23,600 was purchased by financing with long term notes
Cash flow from Operating Activities
2012 2011 Increase Net Income $ 97,800
(Decrease) add: Depreciation expense $ 14,400
less: Increase in Accounts Receivable $ 1,200
$ 26,400 $ 15,900 $ 10,500 add: Decrease in Inventories $ 11,900
26,700 25,500 1,200 add: Increase in Accounts Payable $ 4,900
79,800 91,700 -11,900 less: Decrease in Accrued Liabilities $ 2,100
$ 436,000
8,000 89700
444,000 103900 14400
200 104100
$ 202,200
78,400
14,400
10,200
21,900
19,100
346,200
$97,800 63900
cing with long term notes payable during 2012.
$ 125,700
$ -46,600
$ -40,000
$ 39,100
$ 10,500
$ 28,600