+1 862 207 3288 Singleton Inc. had accounts receivable of $365,000 at January 1, 2009, and $410,000 at December 31, 2009. Net income for 2009 was $550,000 and sales revenue was $925,000.
ANALYZING THE STATEMENT OF CASH FLOWS
Rollins Inc. is considering expanding its operations into different regions of the country; however this expansion will require significant cash flow as well as additional financing. Rollins reported the following information for 2009: cash provided by operating activities, $425,000; cash provided by investing activities, $115,000; average debt maturing over the next five years, $380,000; capital expenditures, $240,000; dividends, $40,000.
