4.9 Skryf telkens die korrekte woord neer: 4.9.1 Die seu…
4.9 Skryf telkens die korrekte woord neer: 4.9.1 Die seun kon die pa na aanleiding van sy foto (pyl,peil). 4.9.2 Die (styl, steil) van die ma se hare is raar. 4.9.3 Die seun het heelwaarskynlik sy pa se gevoelens (gekwes, gekwets). (3) TOTAAL VRAAG 4: [25]
Read DetailsAnderson Corporation had $3,000,000 in the bank at the end o…
Anderson Corporation had $3,000,000 in the bank at the end of the prior year, and its working capital accounts except cash and notes payable remained constant during the year. Notes payable increased by $50,000. It earned $3 million in net income during the year but paid $500,000 in dividends to common shareholders. Throughout the year, the firm purchased $2.2 million of machinery . Anderson Corporation had an annual depreciation expense for the year of $550,000; note that the $2.2 million purchase amount for the machinery above represents a change to property, plant, and equipment before depreciation. Finally, you have determined that the only long-term financing done by the firm was to repay long-term debt of $150,000 at a 4% interest rate. a. What was the firm’s end-of-year cash balance? Recreate the firm’s cash flow statement to arrive at your answer. b. If instead, the sale amount for the machinery above represented a change to property, plant, and equipment after depreciation, what would have been your cash flow from investing activity?
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