Accounts payable=5967

To determine the cash balance, we can use the accounting equation based on the balance sheet:

Assets = Liabilities + Equity

1. Calculating Total Assets:

   • Cash
   • Accounts Receivable = 8965
   • Inventories = 6701
   • Net Fixed Assets = 73846

   So, Total Assets = Cash + 8965 + 6701 + 73846

2. Calculating Total Liabilities:

   • Current Portion of Long-Term Debt = 500
   • Accounts Payable = 5967
   • Accruals = 6167
   • Notes Payable = 6535
   • Long-Term Debt = 22886

   So, Total Liabilities = 500 + 5967 + 6167 + 6535 + 22886

3. Calculating Total Equity:

   • Common Stock = 2850
   • Additional Paid-In Capital = 13277
   • Retained Earnings = 34769

   So, Total Equity = 2850 + 13277 + 34769

Now we can calculate the totals:

Total Liabilities Calculation:

• Total Liabilities = 500 + 5967 + 6167 + 6535 + 22886
• Total Liabilities = 500 + 5967 + 6167 + 6535 + 22886 = 36455

Total Equity Calculation:

• Total Equity = 2850 + 13277 + 34769
• Total Equity = 2850 + 13277 + 34769 = 50896

Total Assets Calculation: Using the accounting equation: \[ \text{Total Assets} = \text{Total Liabilities} + \text{Total Equity} \] \[ \text{Total Assets} = 36455 + 50896 = 87351 \]

Now, using the assets equation: \[ \text{Total Assets} = \text{Cash} + 8965 + 6701 + 73846 \] Substituting the known total assets: \[ 87351 = \text{Cash} + 8965 + 6701 + 73846 \]

Calculating: \[ 87351 = \text{Cash} + 8965 + 6701 + 73846 \] Adding the values: \[ 87351 = \text{Cash} + 8965 + 6701 + 73846 = \text{Cash} + 8965 + 6701 + 73846 = \text{Cash} + 89512 \] Now, solve for Cash: \[ 87351 = \text{Cash} + 89512 \] \[ \text{Cash} = 87351 - 89512 \] \[ \text{Cash} = -2161 \]

Thus, the cash balance is: \[ \text{Cash} = -2161 \] Note: A negative cash balance indicates a negative cash flow that might need to be addressed in financial statements or the accounts.

To calculate the cash flow from operations (CFO), we typically use the indirect method, which starts with net income and adjusts for non-cash expenses and changes in working capital. However, you haven't provided net income directly, so let's start by calculating it using the provided information.

Step 1: Calculate Net Income

Net Income can be calculated using the formula:

\[ \text{Net Income} = \text{Sales} - \text{COGS} - \text{Operating Expenses} - \text{Interest Expense} - \text{Taxes} - \text{Depreciation Expense} \]

Given values:

• Sales = 45429
• COGS = 18249
• Operating Expenses = 20000
• Interest Expense = 1120
• Taxes = 920
• Depreciation Expense = 993

Plugging in the values:

\[ \text{Net Income} = 45429 - 18249 - 20000 - 1120 - 920 - 993 \]

Now, let's do the calculation step-by-step:

1. Sales - COGS: \[ 45429 - 18249 = 27180 \]

2. Subtract Operating Expenses: \[ 27180 - 20000 = 7180 \]

3. Subtract Interest Expense: \[ 7180 - 1120 = 6060 \]

4. Subtract Taxes: \[ 6060 - 920 = 5140 \]

5. Subtract Depreciation Expense: \[ 5140 - 993 = 4147 \]

So, Net Income = 4147.

Step 2: Adjust for Non-Cash Expenses and Changes in Working Capital

Using the indirect method of calculating cash flow from operations, we typically start with net income and adjust:

\[\text{Cash Flow from Operations} = \text{Net Income} + \text{Depreciation Expense} + \text{Changes in Working Capital}\]

1. Depreciation Expense: \[
   • 993 \]

Step 3: Calculate Changes in Working Capital

Changes in working capital can typically be calculated as:

\[ \text{Change in Working Capital} = \Delta \text{Current Assets} - \Delta \text{Current Liabilities} \]

Where:

• Current Assets = Accounts Receivable + Inventory + Cash
• Current Liabilities = Accounts Payable + Accruals + Current Portion of Long-term Debt + Notes Payable

Using the provided information:

• Accounts Receivable = 8965
• Inventories = 6701
• Accounts Payable = 5967
• Accruals = 6167
• Current Portion of Long-term Debt = 500
• Notes Payable = 6535

Total Current Assets:

\[ \text{Current Assets} = 8965 + 6701 + \text{Cash} \] Since Cash is not known, we will regard it as Cash in the calculation later.

Total Current Liabilities:

\[ \text{Current Liabilities} = 5967 + 6167 + 500 + 6535 = 19669 \]

Now we can assume that over a certain period, changes in these values occurred (but not provided), so we can either estimate it or assume it to be equal to zero (no changes in working capital).

For simplicity, let's assume there are no changes in working capital for now:

Cash Flow from Operations: \[ \text{Cash Flow from Operations} = 4147 + 993 + 0 \] \[ \text{Cash Flow from Operations} = 5140 \]

Conclusion

So, the cash flow from operations is 5140 assuming no changes in working capital. If you have additional information regarding the changes in accounts receivable, inventories, or accounts payable, you would need to adjust this calculation accordingly.