Did open table rely more on creditors or stockholders

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Reference no: EM13881482

Refer PA 1-3.

Other cash flow information:

Cash from issuing common stock.............Other cash flow information:

Cash from issuing common stock... $ 21,000

Cash paid to acquire common stock... 23,500

Cash paid for income taxes... 11,000

Cash paid to purchase long- term assets... 41,000

Cash paid to suppliers and employees... 83,200

Cash received from customers... 137,000

Required:

1. Did Open Table rely more on creditors or stockholders for its financing at September 30, 2013? What is your information source?

2. Did the retained earnings at September 30, 2013, arise primarily from current year earnings or earnings retained from prior years? What is your information source?

Reference no: EM13881482

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