Calculate cash flow from operating activities

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Reference no: EM131052527

Given the following selected information on Cicalese’s Chocolate, Inc., calculate Cash Flow from Operating Activities for the year 20X1.

Dec 31, 20X0 Dec 31, 20X1

EAT $ 600,000 $ 720,000

Depreciation Exp. 100,000 140,000

Dividends 400,000 550,000

Accounts Receivable 1,500,000 2,000,000

Inventory 3,500,000 2,000,000

Accts. Payable and Accruals 350,000 500,000

Long-Term Debt 2,300,000 3,000,000

Common Stock 2,200,000 2,500,000

Retained Earnings 6,150,000 6,350,000

Reference no: EM131052527

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