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Jones Company Financial Information Dec 2007 Dec 2008 net income $1500
Jones Company Financial Information
Dec 2007 Dec 2008
net income $1500. $3000.
accounts receivable 750. 750.
accumulated depreciation 1125. 1500. c
ommon stock 4500. 5250.
paid in capital 7500. 8250
retained earnings 1500. 2250.
accounts payable 750. 750.
a- $4500 b- $3375. c-$3900 d-$2980
Based on information in table 1, calculate the after tax cash flow from operations for 2009 ( no asses were disposed of during the year, and there was no change in interest payable or taxes payable)
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