Overall change in cash
Not what you're looking for?
Please determine the overall change in cash for the following. Please explain your answer.
Accounts receivable increased $5,000
Inventory decreased $8,000
Office supplies decreased $2,000
Other current assets increased $7,000
Fixed assets increased $20,000
Accounts payable decreased $15,000
Bonds payable decreased $25,000
Accrued expenses increased $2,000
Common stock increased $5,000
Net income $75,000
Dividends paid $12,000
Purchase this Solution
Solution Summary
The solution explains how to calculate the overall change in cash for a statement.
Solution Preview
Increase in assets is a use of cash and decrease in liabilities is a use
Decrease in assets is a source and increase in liabilities is a source
Operating Activities is
Net ...
Purchase this Solution
Free BrainMass Quizzes
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.