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3 Creating a Cash Flow Statement Based on the information...
When creating the operating section of the cash flow statement using the indirect method are the...
When creating the operating section of the cash flow statement using the indirect method are the following adjustments added to Net Income or subtracted from Net Income? Depreciation expense (Select] Gain on sale of long-term asset [Select ] Loss on sale of long-term asset (Select] Increase in short-term liabilities (Select] Decrease in short-term assets [Select] Decrease in short-term liabilities (Select] Increase in short-term assets (Select] [Select] W added to subtracted from added to Net Income for A company is $100,000....
3-17 FREE CASH FLOW Financial information for Powell Panther Corporation is shown here. Powell Panther Corporation:...
3-17 FREE CASH FLOW Financial information for Powell Panther Corporation is shown here. Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2018 2017 Sales $ 1,200.0 $1,000,0 Operating costs excluding depreciation and amortization 1,020.0 850.0 EBITDA $ 180.0 $ 150.0 Depreciation and amortization 30.0 25.0 Earnings before interest and taxes (EBIT) $ 150.0 $ 125,0 Interest 21.7 20.2 Earnings before taxes (EBT) $ 1283 $ 104.8 Taxes (40%) 51.3 41.9 Net income $ 77.0 $...
I need help completing only part B (question B). Which is creating a statement of Cash...
I need help completing only part B (question B). Which is
creating a statement of Cash Flow for 2017. I feel my numbers and
format is incorrect.
8. Using the data presented below for Blue Sky Inc.: 2017 Sales $7,550,000 Cost of Goods 5,750,000 Depreciation 120,000 Selling and G&A Expenses 820,000 Fixed Expenses 200,000 2016 $6,150,000 4,550,000 100,000 730,000 200,000 150,000 Lease Expense 150,000 Interest Expense 350,000 300,000 Tax Rate 40.00% 40.00% 80,000 Shares Outstanding 100,000 Cash 108,000 150,000 Marketable...
I need to create a statement of cash flow from the following information. The balance sheet...
I need to create a statement of cash flow from the following information. The balance sheet accounts of Rockwall Corporation at the beginning and end of 2016 are: 31-Dec-16 1-Jan-16 Cash $99,435 $110,700 Accounts Receivable $424,600 $380,900 Inventory $635,740 $576,475 Prepaid Expenses $20,000 $12,000 Investment in subsidiary $200,000 $0 Held to Maturity Debt Securities $16,460 $14,850 Land $100,000 $100,000 Buildings $525,000 $400,000 Equipment $381,000 $290,000 Patents $86,000 $70,000 Trademarks $25,000 $35,000 Bond Discount and issue costs $1,165 $6,075 Total Debits...
Please create a balance sheet based on the following income and cash flow statements: for 2016...
Please create a balance sheet based on the following income and cash flow statements: for 2016 Income Statement 2016 Sales 655,150 Expenses excluding depreciation and amortization 386,878 EBITDA 268,272 Depreciation and amortization 7,388 EBIT 260,884 Interest expense 8,574 EBT 252,310 Taxes (20%) 20% 50,462 Net income 201,848 Common dividends 12,554 Addition to retained earnings 189,294 Cash flow Statement 2016 Operating Activities 203,409 Net Income 201,848 Depreciation and amortization 7,388 Increase in accounts payable 7,652 Increase in accruals (wages, utilities etc.)...
STATEMENT OF CASH FLOWS FOR 2017 Cash Flow from Operating Activities Cash Flow from Investing Activities...
STATEMENT OF CASH FLOWS FOR 2017
Cash Flow from Operating Activities
Cash Flow from Investing Activities
Cash Flow from Financing Activities
Net
Increase in Cash
Beginning
Cash Balance
Ending Cash
Balance
Selected financial statement information and additional data for Stanislaus Co. is presented below 2017 $64,200 143,800 Cash Accounts receivable (net) Inventory Land Equipment TOTAL 2016 $41,610 85,190 168,040 55,130 508,180 $858,150 203,770 18,620 791,360 $1,221,750 $81,340 $113,560 Accumulated depreciation Accounts payable Notes payable - short-term 85,250 50,590 66,800 29,460...
Below is an income statement and balance sheet with selected accounts. I need help creating the operating...
Below is an income statement and balance sheet with selected accounts. I need help creating the operating section of the statement of cash flows (using the indirect method). Thank you. Income Statement Selected Balance Sheet Accounts 2018 2018 2017 Sales revenue 75,500 Accounts receivable 879 650 Cost of sales 30,809 Inventory 89,600 83,750 Gross profit 44,691 Accounts payable 4,120 5,230 Depreciation expense 7,008 Salaries payable 250 775 Rent expense 15,230 Rent payable 2,100 1,100 Salaries expense 18,000 Interest payable 500 575 Interest...
Make a cash flow statement using the following information below. 2017 Income Statement Sales 989 100...
Make a cash flow statement using the following information
below.
2017 Income Statement Sales 989 100 479 500 Cost of goods sold Selling and administrative 218 300 Depreciation 95 500 EBIT 195 800 Interest 33 760 EBT 162 040 Taxes 84 200 Net Income 77 840 Dividends 16 800 Additions to retained earnings 61 040 Cash $ 9 500 Accounts receivable Eumeralla Ltd Balance Sheet as at 30 June 2016 $ 13 300 Accounts payable 18 900 Notes payable 13...
Help me with the cash flow statement using the indirect method please. 2016 IKIBAN INC. Comparative...
Help me with the cash flow statement using the indirect method
please.
2016 IKIBAN INC. Comparative Balance Sheets June 30, 2017 and 2016 2017 Assets Cash $ 87,500 Accounts receivable, net 65,000 Inventory 63,800 Prepaid expenses 4,400 Total current assets 220,700 Equipment 124,000 Accum. depreciation-Equipment (27.000) Total assets $317,700 Liabilities and Equity Accounts payable $ 25,000 Wages payable 6,000 Income taxes payable 3,400 Total current liabilities 34,400 Notes payable (long term) 30,000 Total liabilities 64,400 Equity Common stock, $5 par...
need help balancing the statement of cash flow 2- me ) = Insert Page Layout Formulas...
need help balancing the statement of cash flow
2- me ) = Insert Page Layout Formulas Data Final Milestone - Review View Ariel - 12 - - A - / U - - A ormat Painter ard Wrap Test Merge & Center S. . 1 Conditional Format Formatting Table Normal Check Cell . Font Alignment Warning Automatic update of links has been disabled Options - Peyton Approved Peyton Approved Balance Sheet As of December 31, 2017 Assets Current Assets: Cash...
When creating the operating section of the cash flow statement using the indirect method are the following adjustments added to Net Income or subtracted from Net Income? Depreciation expense (Select] Gain on sale of long-term asset [Select ] Loss on sale of long-term asset (Select] Increase in short-term liabilities (Select] Decrease in short-term assets [Select] Decrease in short-term liabilities (Select] Increase in short-term assets (Select] [Select] W added to subtracted from added to Net Income for A company is $100,000....
3-17 FREE CASH FLOW Financial information for Powell Panther Corporation is shown here. Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2018 2017 Sales $ 1,200.0 $1,000,0 Operating costs excluding depreciation and amortization 1,020.0 850.0 EBITDA $ 180.0 $ 150.0 Depreciation and amortization 30.0 25.0 Earnings before interest and taxes (EBIT) $ 150.0 $ 125,0 Interest 21.7 20.2 Earnings before taxes (EBT) $ 1283 $ 104.8 Taxes (40%) 51.3 41.9 Net income $ 77.0 $...
I need help completing only part B (question B). Which is
creating a statement of Cash Flow for 2017. I feel my numbers and
format is incorrect.
8. Using the data presented below for Blue Sky Inc.: 2017 Sales $7,550,000 Cost of Goods 5,750,000 Depreciation 120,000 Selling and G&A Expenses 820,000 Fixed Expenses 200,000 2016 $6,150,000 4,550,000 100,000 730,000 200,000 150,000 Lease Expense 150,000 Interest Expense 350,000 300,000 Tax Rate 40.00% 40.00% 80,000 Shares Outstanding 100,000 Cash 108,000 150,000 Marketable...
STATEMENT OF CASH FLOWS FOR 2017
Cash Flow from Operating Activities
Cash Flow from Investing Activities
Cash Flow from Financing Activities
Net
Increase in Cash
Beginning
Cash Balance
Ending Cash
Balance
Selected financial statement information and additional data for Stanislaus Co. is presented below 2017 $64,200 143,800 Cash Accounts receivable (net) Inventory Land Equipment TOTAL 2016 $41,610 85,190 168,040 55,130 508,180 $858,150 203,770 18,620 791,360 $1,221,750 $81,340 $113,560 Accumulated depreciation Accounts payable Notes payable - short-term 85,250 50,590 66,800 29,460...
Make a cash flow statement using the following information
below.
2017 Income Statement Sales 989 100 479 500 Cost of goods sold Selling and administrative 218 300 Depreciation 95 500 EBIT 195 800 Interest 33 760 EBT 162 040 Taxes 84 200 Net Income 77 840 Dividends 16 800 Additions to retained earnings 61 040 Cash $ 9 500 Accounts receivable Eumeralla Ltd Balance Sheet as at 30 June 2016 $ 13 300 Accounts payable 18 900 Notes payable 13...
Help me with the cash flow statement using the indirect method
please.
2016 IKIBAN INC. Comparative Balance Sheets June 30, 2017 and 2016 2017 Assets Cash $ 87,500 Accounts receivable, net 65,000 Inventory 63,800 Prepaid expenses 4,400 Total current assets 220,700 Equipment 124,000 Accum. depreciation-Equipment (27.000) Total assets $317,700 Liabilities and Equity Accounts payable $ 25,000 Wages payable 6,000 Income taxes payable 3,400 Total current liabilities 34,400 Notes payable (long term) 30,000 Total liabilities 64,400 Equity Common stock, $5 par...
need help balancing the statement of cash flow
2- me ) = Insert Page Layout Formulas Data Final Milestone - Review View Ariel - 12 - - A - / U - - A ormat Painter ard Wrap Test Merge & Center S. . 1 Conditional Format Formatting Table Normal Check Cell . Font Alignment Warning Automatic update of links has been disabled Options - Peyton Approved Peyton Approved Balance Sheet As of December 31, 2017 Assets Current Assets: Cash...
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