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Statement of Changes in Financial Position
Statement of Changes in Financial Position
ABC Company
April 2009 |
| Sources of Funds: |
| Net Income from Operations |
$41,675.00 |
| Reduction in Cash |
$15,000.00 |
| Reduction in Receivables |
$44,855.00 |
| Reduction in Mkt. Sec. |
$37,750.00 |
| Depreciation |
$10,000.00 |
| Total Sources of Funds: |
$149,280.00 |
| Uses of Funds: |
| Increase in Inventories |
$93,280.00 |
| Increase in Fixed Assets |
$22,000.00 |
| Decrease in Notes Payable |
$24,000.00 |
| Decrease in L.T. Debt |
$10,000.00 |
| Total Uses of Funds: |
$149,280.00 |
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