F.J. Haydn Company Balance Sheets Years ending December 31 (thousands of dollars) Cash Accounts receivable Inventories Total current assets Net fixed assets Total Assets Notes payables Accounts payables Accrued expenses Total current liabilities Long-term debt Common stock ($2 par value) Additional paid-in capital Retained earnings Total liabilities & equity 2003 5,500 4,000 6,200 9,000 15,700 13,900 84,300 87,000 100,000 100,900 2004 2,900 2,000 1,500 1,900 8,600 6,600 700 900 10,800 9,400 37,500 42,000 12,000 8,000 14,520 9,500 25,180 32,000 100,000 100,900 F.J. Haydn Company Income Statement Year Ending December 31 (thousands of dollars) Net sales Cost of goods sold Gross profit General & administrative expenses 75,000 Depreciation expense 15,000 Operating profit 70,000 Interest expense Earnings before taxes Taxes 2004 350,000 190,000 160,000 Net income 18,500 51,500 17,500 34,000

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter9: Long-term Liabilities
Section: Chapter Questions
Problem 103.4C
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F.J. Haydn Company
Balance Sheets
Years ending December 31
(thousands of dollars)
Cash
Accounts receivable
Inventories
Total current assets
Net fixed assets
Total Assets
Notes payables
Accounts payables
Accrued expenses
Total current liabilities
Long-term debt
Common stock ($2 par value)
Additional paid-in capital
Retained earnings
Total liabilities & equity
2003
2004
5,500
2,900
4,000
2,000
6,200 9,000
15,700
13,900
84,300 87,000
100,000 100,900
1,500
1,900
8,600 6,600
700
900
10,800
37,500
9,400
42,000
12,000 8,000
14,520
9,500
25,180 32,000
100,000 100,900
F.J. Haydn Company
Income Statement
Year Ending December 31
(thousands of dollars)
Net sales
Cost of goods sold
Gross profit
General & administrative expenses
Depreciation expense
Operating profit
Interest expense
Earnings before taxes
Taxes
Net income
2004
350,000
190,000
160,000
75,000
15,000
70,000
18,500
51,500
17,500
34,000
Transcribed Image Text:F.J. Haydn Company Balance Sheets Years ending December 31 (thousands of dollars) Cash Accounts receivable Inventories Total current assets Net fixed assets Total Assets Notes payables Accounts payables Accrued expenses Total current liabilities Long-term debt Common stock ($2 par value) Additional paid-in capital Retained earnings Total liabilities & equity 2003 2004 5,500 2,900 4,000 2,000 6,200 9,000 15,700 13,900 84,300 87,000 100,000 100,900 1,500 1,900 8,600 6,600 700 900 10,800 37,500 9,400 42,000 12,000 8,000 14,520 9,500 25,180 32,000 100,000 100,900 F.J. Haydn Company Income Statement Year Ending December 31 (thousands of dollars) Net sales Cost of goods sold Gross profit General & administrative expenses Depreciation expense Operating profit Interest expense Earnings before taxes Taxes Net income 2004 350,000 190,000 160,000 75,000 15,000 70,000 18,500 51,500 17,500 34,000
6. How much is the net cash flow from operating activities for 2004?
7. How much is the net cash flow from investing activities for 2004?
8. How much is the net cash flow from financing activities for 2004?
Transcribed Image Text:6. How much is the net cash flow from operating activities for 2004? 7. How much is the net cash flow from investing activities for 2004? 8. How much is the net cash flow from financing activities for 2004?
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