Statement of Cash Flows

Nybrostrand Company - Module 5 SLP

Introduction

Cash Flow Statements clearly shows pure cash position of the company. In this paper, cash flow statement of Nybrostrand Company will be constructed using Indirect Method and a comparison will be made between the income statement and statement of cash flows.

Discussion

Cash Flow Statements Indirect Method

Nybrostrand Company

Cash Flow Statement

For the Year Ended Dec 31, 2013

Cash Flows from Operating Activities

Net Income

$147,150

Add: Non- Cash Expenses

 

Depreciation

$24,350

Add: Increase in Liabilities and Decrease in Assets

 

Subtract: Decrease in Liabilities and Increase in Assets

 

Subtract: Inventory Increases

$42,500

Net Cash from Operating Activities

$129,000

 

 

Cash ...