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QUESTION

Momber's Flooring Company 2011 2012 Cash 500 800 Accounts receivable 1,400 1,200 Inventory 3,900 4,400 Net fixed assets 8,200 8,200 Land

Momber's Flooring Company    

   2011 2012

Cash           500           800

Accounts receivable       1,400       1,200

Inventory       3,900       4,400

Net fixed assets       8,200       8,200

Land       1,000       2,000 

Total Assets     15,000     16,600           

 Notes payable       1,000           600

Accounts payable       3,000       2,000

Accruals           500           900

Long-term debt       3,600       5,400

Common Stock       2,500       2,200

Retained earnings       4,400       5,500

Total Liabilities and Equity     15,000     16,600

Given the Balance Sheets for Momber's Flooring Company above for the years ending December 31, 2011 and 2012, find Net Cash Flows from Financing Activities

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