MG770- Financial Reporting, Financial Statement Analysis, and Valuation Homework Assignment Week # 3 __________________________________________________________________________ Create the...
MG770- Financial Reporting, Financial Statement Analysis, and
Valuation
Homework Assignment
Week # 3
__________________________________________________________________________
Create the statement of cash-flow with indirect method
Interpret the result of the statement of cash flow with percentage
Instruction:
[1] Please use the balance sheet as follows to classify each activity (operating, investing, and financing) from the column of different.
[2] please create a new statement of cash-flow from your classification on balance sheet.
[3] The statement of cash flow will be provided to measure the company’s cash flow situation. Also, you need to interpret the result of your measurement.
|
Balance sheet |
||||||
|
SILVERT CORPORATION |
||||||
|
Balance Sheet |
||||||
|
December 31 |
||||||
|
Different |
Operating |
Investing |
Financing |
|||
|
2012 |
2011 |
|||||
|
ASSET |
||||||
|
Cash |
$ 28,000 |
$ 20,000 |
$8,000 |
|||
|
Receivable (net) |
70,000 |
62,000 |
$8,000 |
|||
|
Other current assets |
90,000 |
73,000 |
$17,000 |
|||
|
Long-term investment |
62,000 |
60,000 |
$2,000 |
|||
|
Plant and equipment (net) |
510,000 |
470,000 |
$40,000 |
|||
|
Total Assets |
$ 760,000 |
$ 685,000 |
$75,000 |
|||
|
LIABILITIES AND STOCKHOLDERS' EQUITY |
||||||
|
Current liabilities |
$ 75,000 |
$ 70,000 |
$5,000 |
|||
|
Long-term debt |
80,000 |
90,000 |
($10,000) |
|||
|
Common stock |
330,000 |
300,000 |
$30,000 |
|||
|
Retained earnings |
275,000 |
225,000 |
$50,000 |
|||
|
Total liabilities and stockholders’ equity |
760,000 |
685,000 |
$75,000 |
|||
]2] Create the statement of cash-flow by using the indirect method. Company has net income as starting point of $80,000.
STATEMENT OF CASH FLOW
|
Operating Activities |
|
|
Net Income |
$ 80,000 |
|
Cashflow from Operations |
|
|
Investing Activities |
|
|
Cashflow from Investing |
|
|
Financing Activities |
|
|
Cashflow from Financing |
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MG770- Financial Reporting, Financial Statement Analysis, and
Valuation
Homework Assignment
Week # 3
__________________________________________________________________________
Create the...
MG770- Financial Reporting, Financial Statement Analysis, and Valuation Homework Assignment Week # 3 __________________________________________________________________________ Create the...
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