Make a cash flow statement using the following information below.
Homework Answers
| Eumella
Ltd Statement of Cash flows For the year ended June 30, 2017 |
|||
| Cash flow from operating activities | |||
| Net income | 77840 | ||
| Adjustments to Reconcile net income to cash provided by operating activities | |||
| Add | Depreciation expenses | 95500 | |
| Add | Interest Expenses | 33760 | |
| Less | Increase in account receivable ($21100-$18900) | -2200 | |
| Less | Increase in inventory ($22800-$13700) | -9100 | |
| Add | Increase in accounts payable ($10500-$9500) | 1000 | |
| Add | Increase in notes payable ($16500-$14500) | 2000 | |
| Net cash provided by operating activities | 198800 | ||
| Cash flows from investing activity | |||
| Purchase of fixed assets ($410000 - ($344400-$95500)) | -161100 | ||
| Net cash used in investing activities | -161100 | ||
| Cash flow from financing activities | |||
| Increase in Long-term debts ($152000-$136800) | 15200 | ||
| Increase in Owner's Equity ($289300 - $229500 - $61040) | -1240 | ||
| Less | Dividend Paid | -16800 | |
| Less | Interest Paid | -33760 | |
| Net cash used by Financing Activities | -36600 | ||
| Net increase in cash | 1100 | ||
| Cash at the beginning of the period | 13300 | ||
| Cash at the end of the period | 14400 | ||
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Make a cash flow statement using the following information
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following information: cash = $146,000; patents and copyrights =
$630,000; accounts payable = $222,500; accounts receivable =
$165,000; tangible net fixed assets = $1,665,000; inventory =
$302,500; notes payable = $135,000; accumulated retained earnings =
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Complete the following analysis. Do not hard core values in your
answers meaning: a calculation using cells, not numbers, is
needed.
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The balance sheet and income statement for the A. Thiel Mfg.
Company are as follows. Calculate the ratios at the
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