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Balance sheet Beginning of Year End of Year Beginning of Year End of Year Cash 382 437 Accounts payable 1361 1043 Receivables 914 862 Long-term debt 3295 2982 Inventory 2039 2146 Common stock 750 820 Net fixed assets 5161 5379 Retained earnings 3090 3979 Total assets 8496 8824 Total Liab
Balance sheet
|
Beginning of Year |
End of Year |
Beginning of Year |
End of Year |
||
|
Cash |
382 |
437 |
Accounts payable |
1361 |
1043 |
|
Receivables |
914 |
862 |
Long-term debt |
3295 |
2982 |
|
Inventory |
2039 |
2146 |
Common stock |
750 |
820 |
|
Net fixed assets |
5161 |
5379 |
Retained earnings |
3090 |
3979 |
|
Total assets |
8496 |
8824 |
Total Liab. & Equity |
8496 |
8824 |
If the net income during the year was 900 and depreciation was 100 how much was the net cash from operations. (see slide 6 of chapter 3 PowerPoint for net cash from operations calculation)
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