Documente Academic
Documente Profesional
Documente Cultură
Year 2
Retained Earnings (Year 1) $39
Add : Net Income 5
Less:Dividends 0
$50
Handy Dan,Inc
Statement of Cash Flow
Year 2 Year 3
Operations
Net Income 5 6
Depreciation expense 8 11
Accounts Receivables -11 -15
Inventory -61 -86
Accounts Payable 30 31
Investing Activities
Purchase of P&E -80 -111
Financing Activities
Short-term borrowing 19 23
Long-term borrowing 82 112
Stock sales 12 35
Dividend payments 0 0
Change in cash 4 6
Beginning Cash 10 14
Ending Cash 14 20
Handy Dan,Inc
Statement of income
Year 2 Year 3
Sales 980 1372
Cost of Goods Sold 727 1017
Operating Income 28 52
Interest expense 21 43
Net Income 5 6
Year 1 Year 2
Assets
Cash 10 14
Accounts Recievables 27 38
Inventory 153 214