Reading 34: Understanding the Cash Flow Statement - LOS f, following, company, border, center, about

mayanfang1

Q12. An analyst has gathered the following information about a company:

Income Statement 2005
Sales				$650
Expenses
	COGS		$445
	Depreciation		10
	Selling, General & Admin.		112
	Interest		10
		Total expenses		577
Pre-tax income				$73
Taxes				29
Net income				$44

 

Balance Sheet
Assets	2004	2005		Liabilities	2004	2005
Cash	50	35		Accts. Payable	115	90
Accts. Rec.	120	140		Wages Payable	55	50
Inventories	75	70		Bonds	100	90
Fixed Assets	215	190		Common Stock	50	20
Accum. Depr.	(95)	(105)		Retained Earnings	45	80
Total	365	330			365	330

Note: the dividend payout ratio equals 20%.

What is the net increase or decrease in cash?

A)   +$15.

B)   -$15.

C)   +$43.

风吹竹面

Thanks a lot

kepei7763

thx

zsd425

 谢谢

btz2009

 liabilities and equity

jc1188

d

jc1188

d

tangfaxi

thx

seraphiris0116

thanks

JK22

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