Homework 2 Statement of Cash flows Construct a cash flow statement for XYZ Company using the following...

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Homework 2 Statement of Cash flows
Construct a cash flow statement for XYZ Company using thefollowing information
                             XYZCOMPANY
                            BALANCESHEET
                      DECEMBER31, 2006, 2007
                   Assets                Liab+ equity
                  2006  2007                           20062007
Cash              120   150         Acc.payable      200  150
Mkt.Sec          80   100          Notespayable     300 250
Acc.Rec          360  200          otherliab.       100 150
Inventory         340  600
currentassets    900  1050         Currentliab.     600 550
GrossFA          22002400         Long termdebt    1000 1200
Acc.Dep          500  600          Commonstock      400 250
Net fixed asset   17001800         Retainedearnings 600  850
Total assets      26002850        Totalliab.+equity 2600 2850
The firm’s EAT for 2007 was 400

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Homework 2 Statement of Cash flowsConstruct a cash flow statement for XYZ Company using thefollowing information XYZCOMPANY BALANCESHEET DECEMBER31, 2006, 2007 Assets Liab+ equity 2006 2007 20062007Cash 120 150 Acc.payable 200 150Mkt.Sec 80 100 Notespayable 300 250 Acc.Rec 360 200 otherliab. 100 150Inventory 340 600currentassets 900 1050 Currentliab. 600 550GrossFA 22002400 Long termdebt 1000 1200Acc.Dep 500 600 Commonstock 400 250Net fixed asset 17001800 Retainedearnings 600 850Total assets 26002850 Totalliab.+equity 2600 2850The firm’s EAT for 2007 was 400