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Below is a Statement of cash Flows for BK Enterprises. Using the information explain the company what is the company???s...

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Below is a Statement of cash Flows for BK Enterprises. Using the information explain the company what is the company?s cash flow situation from 2010 through 2012, with specific reference to the three sections of the Cash Flow Statement.;BK Enterprises;Statement of Cash Flows;For the Years Ended December 31, 2012, 2011, and 2010;2012 2011 2010;Net income $5,800 $3,300 $800;Adjustments to reconcile net income;to net cash provided by (used for);operating activities;Depreciation 1,200 520 380;Loss on sale of business assets 10 0 305;Changes in assets and liabilities;Accounts receivable (490) (375) (135);Inventory (6,900) (2,600) (1,700);Other current assets 410 (495) (160);Accounts payable and accrued exp. 1,300 570 1,100;Net cash provided by operating activities $1,330 $920 $590;Cash flows from investing activities;Capital expenditures (740) (1,100) (550);Proceeds from sales of equipment 0 10 2,020;Net cash used by investing activities ($740) ($1,090) $1,470;Cash flows from financing activities;Exercise of stock options 2,000 380 0;Capital lease obligations 0 0 (250);Payments on mortgage 0 0 (1,800);Net cash (used) provided by financing;activities $2,000 $380 ($2,050);Net increase (decrease) in cash $2,590 $210 $10;Cash at beginning of period 900 730 400;Cash at end of period $3,490 $940 $410

 

Paper#81884 | Written in 18-Jul-2015

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