After tax cash flow - Accounts Cash Flow Statement

Document Sample
After tax cash flow - Accounts Cash Flow Statement Powered By Docstoc
					              Sub: Accounts                                                               Topic: Cahs flow statement



              Question:
              Computation of cash flow from operations

         ClassOf1 provides expert guidance to College, Graduate, and High school students on homework and assignment problems in
                       Math, Sciences, Finance, Marketing, Statistics, Economics, Engineering, and many other subjects.




              Jones Company

              Financial Information

              December 2003 December 2004

              Net income $1,500 $3,000

              Accounts receivable 750 750

              Accumulated depreciation 1,125 1,500

              Common stock 4,500 5,250

              Paid-in capital 7,500 8,250

              Retained earnings 1,500 2,250

              Accounts payable 750 750

              Based on the information in Table 3-1, calculate the after tax cash flow from operations for
              2004 (no assets were disposed of during the year, and there was no change in interest payable
              or taxes payable):

                   a. $3,375

                   b. $2,250

                   c. $3,750



                                                                www.classof1.com


*The Homework solutions from ClassOf1 are intended to help the student understand the approach to solving the problem and not for submitting the same in
                                                      lieu of your academic submissions for grades.
              Sub: Accounts                                                               Topic: Cahs flow statement


                   d. $3,000

              Solution:
              Ans: A

                     Jones Company
              Cash Flow from Operating Activities
                     for the year 2004

               Net Income                              $3,000
               Depreciation                             $375
               Change in Accounts
               Receivable                                     0
               Change in Accounts
               Payable                                        0
               Cash provided by
               Operations                              $3,375


                                                          ** End of the Solution **


         ClassOf1 provides expert guidance to College, Graduate, and High school students on homework and assignment problems in
                       Math, Sciences, Finance, Marketing, Statistics, Economics, Engineering, and many other subjects.




                                                                  www.classof1.com


*The Homework solutions from ClassOf1 are intended to help the student understand the approach to solving the problem and not for submitting the same in
                                                      lieu of your academic submissions for grades.
 submissions for grades.

				
DOCUMENT INFO
Shared By:
Stats:
views:343
posted:3/6/2010
language:English
pages:2
Description: Calculation of after tax cash flow from operations : Based on the information in Table 3-1, calculate the after tax cash flow from operations for 2004 (no assets were disposed of during the year, and there was no change in interest payable or taxes payable)
BUY THIS DOCUMENT NOW PRICE: $5 100% MONEY BACK GUARANTEED
PARTNER ClassOf1 .Com
Classof1 is a supplemental education company providing comprehensive online tutoring, homework guidance, and e-learning courseware development services to the school, college, and university student communities. As a part of its endeavor to help students around the world to excel in their studies, Classof1 has built a repository of self-study guides with step-by-step solutions and lucid explanations. These guides have been created and whetted by expert tutors with several years of experience in education. Apart from Docstoc.com, these self-help guides are also available at Classof1’s Solution Library (http://classof1.com/solution-library). Please visit www.classof1.com for further information.