LOPEZ INC.

statement of Cash Flows

For Year Ended December 31, 22019

Cash flows from operating activities

net income
adjusment to reconcile net income
to net cash provided by operating
activities :
Depreciation expense
Increase in accounts receivable
increase in accounts payable
Net cash provided by operating activities

cash flows from investing activities

purchase of equipment
Cash flows from financing activities
issuance of ordinary
payment of cash dividends
net cash provided by financing activities
net increase in cash
cash at beginning of year
cash at end of year
ber 31, 22019

34,000

6,000
-3,000
5,000 8,000
42,000

-17,000

20,000
-13,000
7,000
32,000
13,000
45,000
A.

OROZCO COORPORATION
statement of financial
for the year ended of december 31, 2010

Cash flows from operating activities

net income
adjustments to reconcile net income to net
cash provided by operating activities :
depreciation expense
deacrease in inventory
increase in accounts receivable
increase in accounts payable
net cash provided by operating activities
cash flows from investing activities
sale of land
purchase of equipment
net cash used by investing activitiees
cash flows from financing activities
payment of cash dividends
net increase in cash
cash at beginning of year
cash at end of year

B.
Current cash debt coverage =

Net cash provided by operating activitiees

=
Avarage current liabilities

112,000
ember 31, 2010

105,000

27,000
9,000
-16,000
-13,000 7,000
112,000

39,000
-70,000
-31,000

-40,000
41,000
22,000
63,000