On Xyz 2010 cash flow statement what is the subtotal for Net

xxz, Ino. INCOME STATEMENTS (dates 12/31/xx) 2010 Sales Operating costs (excluding depreciation) Depreciation $3, 600 3, 060 90 $450 65 $385 154 $231 $181 2009 $3,000 2,550 75 $375 60 $315 126 $189 $14 EBIT Interest Earnings before taxes Taxes (40%) Net income available to common stockholders Common Stock Dividends Paid xYZ, Inc. BAL ANCE SHEETS (dates 12/31/xx) Cash and marketable securities Accounts receivable Inventories 2010 $36 540 540 $1,116 900 $2,016 2009 $30 450 600 $1,080 750 $1,830 Total current assets Net fixed assets Total assets $324 201 216 $741 450 $1,191 150 675 $2,016 $270 155 180 $605 450 $1,055 150 625 $1,830 Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock (50 million shares) Retained earnings Total liabilities and equity

Solution

Cash flow Statement: Cash flows from operating activities: Net income for the periiod 231 Adjustment required Depreciation 90 Increase In Accounts receivable -90 Decrease in Inventories 60 Increase in Accounts payable 54 Increase in Notes payable 46 Increase in Accruals 36 Net cash provided from Operating activities 427 Cash flows from Investing activities: Purchase of Fixed assets -240 Net cash used in Investing activities -240 Cash flows from Financing activities: Dividend paid -181 Net cash used in financing activities -181 Net Increase in cash 6 Beginning Balance in cash 30 Ending balance in cash 36 Net cash from Operating activities:   $ 427 Net cash used in Investing activities: ($ 240) Net cash used in Financing activities: ($ 181) Total changes in cash : Net increase in cash $ 6. Free cash flows for 2010: Net cash from operating activities: 427 Nnet cash used in investing activities: -240 Free cash flows for 2010: 187 Capital Expenditures: ($240) Changes in working capital 2010 2009 Current Assets 1116 1080 Less: Current liabilities 741 605 Net working capital 375 475 Net decrease in Working capital: ($100)