Based on the information in this table calculate after tax cash flow from operat

Question

Based on the information in this table calculate after tax cash flow from operations for 2008 no assets were disposed of during the year and there was no change in interest payable or taxes payable.

a. $3,375
b. $3,750
c. $6,500
d. $5,500

Jones Company Financial Information

December 2007 December 2008
Net income $2,000 $5,000
Accounts Receiv. $750 $750
Accumulated Depr. $1,000 $1,500
Common Stock $4,500 $5,000
Paid-in capital $ 7,500 $ 8,000
Retained Earnings $1,500 $2,500
Accounts Payable $750 $750

Explanation / Answer

net cash flow from operations = 5000 - (750-750) + (1500-1000)+(750-750) = 5500 commn stock,paid in capital and retained earnings are cash flows from financing not operations

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