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of 17.9 please
E17.9 (LO 2), Financial Statement Here are comparative balance sheets for Velo...
Vero Company Comparative Balance Sheets December 31 Assets Cash Accounts receivable 2020 $63,000 85,000 170,000 75,000...
Vero Company Comparative Balance Sheets December 31 Assets Cash Accounts receivable 2020 $63,000 85,000 170,000 75,000 270,000 2019 $ 22,000 76,000 189,000 100,000 200,000 Inventory Land Equipment Accumulated depreciation-equipment Total $597,000 $555,000 Liabilities and Stockholders' Equity Accounts payable $ 39,000 $ 47,000 Bonds payable Common stock ($1 par) 150,000 216,000 192.000 200,000 174,000 134.000 Retained earnings Total $597,000 $555,000 Additional information: 1. Net income for 2020 was $93.000. 2. Cash dividends of $35,000 were declared and paid. 3. Bonds payable...
all of 17.15 please E17.15 (LO 5), Excel Comparative balance sheets for International Company are presented...
all
of 17.15 please
E17.15 (LO 5), Excel Comparative balance sheets for International Company are presented as follows. Prepare a worksheet. International Company Comparative Balance Sheets December 31 2020 2019 Assets $ 73,000 $ 22,000 Cash Accounts receivable 85,000 76,000 Inventory 180,000 189,000 Land 75,000 100,000 Equipment 250,000 200,000 (66,000) Accumulated depreciation-equipment (42,000) Total $597,000 $545,000 Liabilitio s and Stockholders' Eguity 2020 2019 Land 100,000 75,000 Equipment 250,000 200,000 Accumulated depreciation-equipment (66,000) (42,000) $545,000 Total $597,000 Liabilities and Stockholders' Equity...
Exercise 17-09 (Video) Here are comparative balance sheets for Velo Company. Velo Company Comparative Balance Sheets...
Exercise 17-09 (Video) Here are comparative balance sheets for Velo Company. Velo Company Comparative Balance Sheets December 31 Assets 2020 Cash $72,800 Accounts receivable 86,400 Inventory 169,700 Land 73,400 Equipment 260,900 Accumulated depreciation-equipment (66,000) Total $597,200 Liabilities and Stockholders' Equity Accounts payable $35,400 Bonds payable 148,800 Common stock ($1 par) 214,500 Retained earnings 198,500 $597,200 Total 2019 $32,900 70,700 187,400 101,400 199,500 (34,100) $557,800 $47,000 203,700 174,800 132,300 $557,800 Total $597,200 $557,800 Additional information: 1. Net Income for 2020 was...
MARZANO COMPANY Comparative Balance Sheets December 31 Assets 2017 Cash $ 63,000 Accounts receivable 88,000 Inventory...
MARZANO COMPANY Comparative Balance Sheets December 31 Assets 2017 Cash $ 63,000 Accounts receivable 88,000 Inventory 167,000 Land 80,000 Equipment 265,000 Accumulated depreciation-equipment (66,000) Total $597,000 Change 40,000 12.000 O, I or F Step #3 0 2016 $22,000 76,000 189,000 100,000 200,000 (32,000) $555,000 122,000) o (20, 000) I 65.000 I 34,000 0 0 Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total $34,000 150,000 221,000 192,000 $597,000 $43,000 (9000) 200,000 (50,000) 174,000 (47,...
1. Net income was $22.630. Dividends declared and paid were $19,500. 2. No noncash investing and...
1. Net income was $22.630. Dividends declared and paid were $19,500. 2. No noncash investing and financing activities occurred during 2017 3. The land was sold for cash of $4,900. ODO Instructions (a) Prepare a statement of cash flows for 2017 using the indirect method. (b) Compute free cash flow. statement E17-8 Here are comparative balance sheets for Velo Company Prepare a statement of cash flows-indirect method. (LO2) ick Corp. Prove the cash Balance VELO COMPANY Comparative Balance Sheets December...
I will like to know how to do this by showing step by step. please...
I will like to know how to do this by
showing step by step. please
1. Net income was $22,630, Dividends declared and paid were $19,500. 2. No noncash investing and financing activities occurred during 2017. 3. The land was sold for cash of $4,900. 5y 6000 Instructions (a) Prepare a statement of cash flows for 2017 using the indirect method. (b) Compute free cash flow Prepare a statement of cash flows-indirect method. statement E17-8 Here are comparative balance...
Exercise 13-8 Here are comparative balance sheets for Velo Company, VELO COMPANY Comparative Balance Sheets December...
Exercise 13-8 Here are comparative balance sheets for Velo Company, VELO COMPANY Comparative Balance Sheets December 31 Assets 2015 Cash $62,610 Accounts receivable 85,730 Inventory 170,260 Land 74,630 Equipment 270,680 Accumulated depreciation equipment (65,850) Total $598,060 Liabilities and Stockholders' Equity Accounts payable $39,170 Bonds payable 150,130 Common stock ($1 par) 214,410 Retained earnings 194,350 Total $598,060 2014 $22,430 76,290 188,990 100,690 199,850 (31,830) $556,420 $46,660 203,410 172,180 134,170 $556,420 Additional information: 1. Net income for 2015 was $92,870. 2. Cash...
Exercise 17-8 Here are comparative balance sheets for Velo Company. VELO COMPANY Comparative Balance Sheets December...
Exercise 17-8 Here are comparative balance sheets for Velo Company. VELO COMPANY Comparative Balance Sheets December 31 Assets 2017 2016 Cash $73,400 $33,100 Accounts receivable 85,800 71,200 Inventory 170,200 187,000 Land 72,800 101,000 Equipment 260,600 200,800 Accumulated depreciation -equipment (66,100) (33,900) Total $596,700 $559,200 Liabilities and Stockholders' Equity Accounts payable $35,000 $47,500 Bonds payable 151,400 203,400 Common stock ($1 par) 217,600 174,100 Retained earnings 192,700 134,200 Total $596,700 $559,200 Additional information: 1. Net income for 2017 was $103,600. 2. Cash...
Here are comparative balance sheets for Velo Company. Velo Company Comparative Balance Sheets December 31 Assets...
Here are comparative balance sheets for Velo Company.
Velo Company
Comparative Balance Sheets
December 31
Assets
2020
2019
Cash
$72,800
$33,200
Accounts receivable
86,500
70,700
Inventory
170,200
187,000
Land
72,700
100,700
Equipment
260,700
200,600
Accumulated depreciation—equipment
(65,700
)
(33,500
)
Total
$597,200
$558,700
Liabilities and Stockholders’ Equity
Accounts payable
$35,400
$46,500
Bonds payable
149,800
203,300
Common stock ($1 par)
218,000
173,000
Retained earnings
194,000
135,900
Total
$597,200
$558,700
Additional information:
1.
Net income for 2020 was $103,600.
2.
Cash dividends...
Here are comparative balance sheets for Migitsu Company. Prepare a statement of cash flows—indirect method. MIGITSU...
Here are comparative balance sheets for Migitsu Company. Prepare a statement of cash flows—indirect method. MIGITSU COMPANY Comparative Balance Sheets December 31 Assets 2020 2019 Cash $75,000 $20,000 Accounts receivable 85,000 75,000 Inventories 172,000 192,000 Land 71,000 100,000 Equipment 262,000 200,000 Accumulated depreciation (67,000 ) (34,000 ) Total $598,000 $553,000 Liabilities and Stockholders’ Equity Accounts payable $35,000 $52,000 Bonds payable 151,000 209,000 Common stock ($1 par) 218,000 172,000 Retained earnings 194,000 120,000 Total $598,000 $553,000 Additional information: 1. Net income...
Vero Company Comparative Balance Sheets December 31 Assets Cash Accounts receivable 2020 $63,000 85,000 170,000 75,000 270,000 2019 $ 22,000 76,000 189,000 100,000 200,000 Inventory Land Equipment Accumulated depreciation-equipment Total $597,000 $555,000 Liabilities and Stockholders' Equity Accounts payable $ 39,000 $ 47,000 Bonds payable Common stock ($1 par) 150,000 216,000 192.000 200,000 174,000 134.000 Retained earnings Total $597,000 $555,000 Additional information: 1. Net income for 2020 was $93.000. 2. Cash dividends of $35,000 were declared and paid. 3. Bonds payable...
all
of 17.15 please
E17.15 (LO 5), Excel Comparative balance sheets for International Company are presented as follows. Prepare a worksheet. International Company Comparative Balance Sheets December 31 2020 2019 Assets $ 73,000 $ 22,000 Cash Accounts receivable 85,000 76,000 Inventory 180,000 189,000 Land 75,000 100,000 Equipment 250,000 200,000 (66,000) Accumulated depreciation-equipment (42,000) Total $597,000 $545,000 Liabilitio s and Stockholders' Eguity 2020 2019 Land 100,000 75,000 Equipment 250,000 200,000 Accumulated depreciation-equipment (66,000) (42,000) $545,000 Total $597,000 Liabilities and Stockholders' Equity...
Exercise 17-09 (Video) Here are comparative balance sheets for Velo Company. Velo Company Comparative Balance Sheets December 31 Assets 2020 Cash $72,800 Accounts receivable 86,400 Inventory 169,700 Land 73,400 Equipment 260,900 Accumulated depreciation-equipment (66,000) Total $597,200 Liabilities and Stockholders' Equity Accounts payable $35,400 Bonds payable 148,800 Common stock ($1 par) 214,500 Retained earnings 198,500 $597,200 Total 2019 $32,900 70,700 187,400 101,400 199,500 (34,100) $557,800 $47,000 203,700 174,800 132,300 $557,800 Total $597,200 $557,800 Additional information: 1. Net Income for 2020 was...
MARZANO COMPANY Comparative Balance Sheets December 31 Assets 2017 Cash $ 63,000 Accounts receivable 88,000 Inventory 167,000 Land 80,000 Equipment 265,000 Accumulated depreciation-equipment (66,000) Total $597,000 Change 40,000 12.000 O, I or F Step #3 0 2016 $22,000 76,000 189,000 100,000 200,000 (32,000) $555,000 122,000) o (20, 000) I 65.000 I 34,000 0 0 Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total $34,000 150,000 221,000 192,000 $597,000 $43,000 (9000) 200,000 (50,000) 174,000 (47,...
1. Net income was $22.630. Dividends declared and paid were $19,500. 2. No noncash investing and financing activities occurred during 2017 3. The land was sold for cash of $4,900. ODO Instructions (a) Prepare a statement of cash flows for 2017 using the indirect method. (b) Compute free cash flow. statement E17-8 Here are comparative balance sheets for Velo Company Prepare a statement of cash flows-indirect method. (LO2) ick Corp. Prove the cash Balance VELO COMPANY Comparative Balance Sheets December...
I will like to know how to do this by
showing step by step. please
1. Net income was $22,630, Dividends declared and paid were $19,500. 2. No noncash investing and financing activities occurred during 2017. 3. The land was sold for cash of $4,900. 5y 6000 Instructions (a) Prepare a statement of cash flows for 2017 using the indirect method. (b) Compute free cash flow Prepare a statement of cash flows-indirect method. statement E17-8 Here are comparative balance...
Exercise 13-8 Here are comparative balance sheets for Velo Company, VELO COMPANY Comparative Balance Sheets December 31 Assets 2015 Cash $62,610 Accounts receivable 85,730 Inventory 170,260 Land 74,630 Equipment 270,680 Accumulated depreciation equipment (65,850) Total $598,060 Liabilities and Stockholders' Equity Accounts payable $39,170 Bonds payable 150,130 Common stock ($1 par) 214,410 Retained earnings 194,350 Total $598,060 2014 $22,430 76,290 188,990 100,690 199,850 (31,830) $556,420 $46,660 203,410 172,180 134,170 $556,420 Additional information: 1. Net income for 2015 was $92,870. 2. Cash...
Exercise 17-8 Here are comparative balance sheets for Velo Company. VELO COMPANY Comparative Balance Sheets December 31 Assets 2017 2016 Cash $73,400 $33,100 Accounts receivable 85,800 71,200 Inventory 170,200 187,000 Land 72,800 101,000 Equipment 260,600 200,800 Accumulated depreciation -equipment (66,100) (33,900) Total $596,700 $559,200 Liabilities and Stockholders' Equity Accounts payable $35,000 $47,500 Bonds payable 151,400 203,400 Common stock ($1 par) 217,600 174,100 Retained earnings 192,700 134,200 Total $596,700 $559,200 Additional information: 1. Net income for 2017 was $103,600. 2. Cash...
Here are comparative balance sheets for Velo Company.
Velo Company
Comparative Balance Sheets
December 31
Assets
2020
2019
Cash
$72,800
$33,200
Accounts receivable
86,500
70,700
Inventory
170,200
187,000
Land
72,700
100,700
Equipment
260,700
200,600
Accumulated depreciation—equipment
(65,700
)
(33,500
)
Total
$597,200
$558,700
Liabilities and Stockholders’ Equity
Accounts payable
$35,400
$46,500
Bonds payable
149,800
203,300
Common stock ($1 par)
218,000
173,000
Retained earnings
194,000
135,900
Total
$597,200
$558,700
Additional information:
1.
Net income for 2020 was $103,600.
2.
Cash dividends...
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