FINA 2700 Chapter Notes - Chapter 3: Retained Earnings, Cash Flow, Income Statement
2 Jul 2019
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On the brandex inc. sfp as the year-end 2013 the share capital was , retained earnings were , accumulated other comprehensive income was. In 2014 net earnings were and other comprehensive income was. There were no stock repurchases or stock issues during the year. The statement of cash flows shows the firm"s" cash inflows and outflows from: operating activities, investing activities, financing activities over a period of time. Cash flow from operation = net income + depreciation - change in non-cash net working capital. Practice problem (question 14 in book: ponzi products produced 100 chain letter kits in the first quarter, q1, resulting in a q1 total cash outlay of per unit. It will sell 50 of the kits next quarter, q2, at a price of. , and the other 50 kits in q3 at a price of .
