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  • Dax Corporations

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    Nazri Yusof
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    Dax Corporations' statement of cash flows for the year ended Dec 31 shows operating activities provided $166,000 in cash flow after adjusting for non-cash expenses and changes in working capital. Investing activities used $865,000 for purchases of plant and equipment, patents, and other assets. Financing activities used $140,000 after accounting for new long-term debt, common stock sales, and dividend payments. Overall, cash decreased by $640,000.

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    Dax Corporations' statement of cash flows for the year ended Dec 31 shows operating activities provided $166,000 in cash flow after adjusting for non-cash expenses and changes in working capital. Investing activities used $865,000 for purchases of plant and equipment, patents, and other assets. Financing activities used $140,000 after accounting for new long-term debt, common stock sales, and dividend payments. Overall, cash decreased by $640,000.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    Download as doc, pdf, or txt
    368 views1 page

    Dax Corporations

    Uploaded by

    Nazri Yusof
    Dax Corporations' statement of cash flows for the year ended Dec 31 shows operating activities provided $166,000 in cash flow after adjusting for non-cash expenses and changes in working capital. Investing activities used $865,000 for purchases of plant and equipment, patents, and other assets. Financing activities used $140,000 after accounting for new long-term debt, common stock sales, and dividend payments. Overall, cash decreased by $640,000.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    Dax Corporations

    Statement of Cash Flow

    For the Year ended Dec 31

    Operating Activity
    Net Income 16000
    Add: Depreciation 95000
    Amortization 10000
    Account Payable 30000
    Deferred Income Tax 12000
    Other Current Liabilities 7000
    Less: Account Receivable (31000)
    Inventories (145000)
    Prepaid Expenses (25000)
    Net Cash Flow from Operating Activities 166000

    Investing Activity
    Plant and Equipment (700000)
    Patents (140000)
    Other Asset (25000)
    Net Cash from Investing Activity 865000

    Financing Activity 80000


    Long-term debt 20000
    Common Stock (109000)
    Dividend Paid 891000
    Net Cash Flow from Financing Activity
    (140000)
    Net Decrease in Cash Flow 640000
    +Beginning Cash 50000
    Ending Cash

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