Complete the Operating of the Statement of Cash Flows using the
following information: There were no gains and losses in 20X2. The
Change in Retained Earnings reflects the Net Income for 20X2, no
dividends were paid out or declared (hint this was calculated in
the horizontal analysis of the balance sheet). Depreciation Expense
is equal to the increase in accumulated depreciation (hint this was
calculated in the horizontal analysis of the balance sheet).
Depreciation is 415,298 and net income is 151,775.
Below is the summary operating
statement and balance sheet used to complete the Statement of Cash
flows above.
Homework Answers
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Complete the Operating of the Statement of Cash Flows using the
following information: There were no...
Complete a vertical and horizontal analysis for the balance sheet. Below is the summary operating statement...
Complete a vertical and horizontal analysis for the balance
sheet.
Below is the summary operating statement
20x1
20x2
Variance (Horizontal)
#/$
%
Rooms available:
300.00
300.00
0.00%
Rooms sold:
79,388.00
81,140.00
2.21%
Occupancy:
72.50%
74.10%
2.21%
ADR:
183.62
191.33
7.71
4.20%
Rooms RevPar:
133.12
141.78
8.66
6.51%
Total RevPar:
176.20
185.65
9.45
5.36%
Operating revenue
Rooms
14,577,225.00
75.55%
15,524,516.00
76.37%
947,291.00
6.50%
Food and...
Complete a vertical and horizontal analysis for the summary operating statement. Summary Operating Statement WN 20x1...
Complete a vertical and horizontal analysis for the summary
operating statement.
Summary Operating Statement WN 20x1 20x2 Variance (Horizontal) #/$ 300 79,388 72.5% 183.62 133.12 176.20 300 81,140 74.1% 191.33 141.78 185.65 6 Rooms Available: 7 Rooms Sold: 8 Occupancy: 9 ADR: 10 Rooms RevPAR: 11 Total RevPAR: 12 13 Operating Revenue 14 Rooms 15 Food and Beverage Miscellaneous Income 17 Total Operating Revenue 16 14,577,225 4,444,791 271,725 19,293,741 15,524,516 4,517,064 287,236 20,328,816 18 1 3 19 Departmental Expenses 20...
Operating Section of Statement of Cash Flows (Indirect Method) Assume following are the income statement and...
Operating Section of Statement of Cash Flows (Indirect Method) Assume following are the income statement and balance sheet for Nike for the year ended May 31, 2012, and a forecasted income statement and balance sheet for 2013. Income Statement ($ millions) 2012 actual 2013 Est. Revenues $ 18,627.0 $ 21,253.0 Cost of sales 10,239.6 11,689.0 Gross margin 8,387.4 9,564.0 Selling and administrative expense 5,953.7 6,801.0 Operating profit 2,433.7 2,763.0 Interest income, net 77.1 77.1 Other (expense) income, net (7.9) (7.9)...
Create Statement of Cash Flows for 2xx2 Do CASH FLOW Statement Class Company, Inc. SS Assets:...
Create Statement of Cash Flows for 2xx2 Do CASH FLOW Statement Class Company, Inc. SS Assets: Current Assets: Cash Accounts Receivable Prepaid Expenses Other Current Assets Total Current Assets: Balance Sheet as of 12/31/2xxl 12/31/2xx2 Ss 440,000 892,100 322,000 402,000 30,000 52,000 15,000 26.000 807,000 1,372,100 Plant Property & Equipment Accumulated Depreciation Net Plant Property & Equipment 1,000,000 410,000 590,000 1,300,000 470,000 830,000 Amortization here Other Non-Current Assets: Intangibles Deferred Loan Placement Costs Other Non-Current assets Total Other Non-Current Assets...
Complete the statement one section at a time, beginning with the cash flows from operating activities....
Complete the statement one section at a time, beginning with
the cash flows from operating activities.
Grand Tree, Inc.
Statement of Cash Flows
Year Ended December 31, 2018
Grand Tree, Inc. Income Statement Year Ended December 31, 2018 Net Sales Revenue $ 442,000 Cost of Goods Sold 210,200 Gross Profit 231,800 Operating Expenses Salaries Expense 78,400 Depreciation Expense-Plant Assets 14,700 Other Operating Expenses 11,000 104,100 Total Operating Expenses Operating Income 127.700 Other Income and (Expenses): Interest Revenue 8,300 Interest Expense...
Operating Section of Statement of Cash Flows (Indirect Method) Following are the income statement and balance...
Operating Section of Statement of Cash Flows (Indirect Method) Following are the income statement and balance sheet for Nike Inc. for the year ended May 31, 2019, and a forecasted income statement and balance sheet for 2020. Nike Inc. Income Statement For Year Ended May 31 $ millions 2019 actual 2020 Est. Revenues $ 39,117 $ 42,246 Cost of sales 21,643 23,362 Gross profit 17,474 18,884 Demand creation expense 3,753 4,056 Operating overhead expense 8,949 9,674 Total selling and administrative...
The Statement of Cash Flows 215 Problem 14 sed balance sheets of the Spartan Inn are...
The Statement of Cash Flows 215 Problem 14 sed balance sheets of the Spartan Inn are as follows: The condensed bala Spartan Inn Condensed Balance Sheets December 31, 20X1 and 20X2 20X1 Assets Current Assets: 20X2 Cash $ $ Marketable Securities Accounts Receivable Inventory Total Current Assets Investments Property and Equipment: 30,000 50,000 100,000 20,000 200,000 100,000 40,000 50,000 95,000 25,000 210,000 60,000 500,000 5,000,000 1,000,000 (1,600,000) 4,900,000 $5,200,000 500,000 6,000,000 1,100,000 (2,000,000) 5,600,000 $5,870,000 Land Building Equipment Accumulated Depreciation...
Based on the following information, prepare only the operating portion of a Statement of Cash Flows...
Based on the following information, prepare only the operating portion of a Statement of Cash Flows for Burgess Company. Burgess Company’s Income Statement for Year 2 (dollars in Millions) is as follows: Sales $3,600 Cost of Goods Sold 2,550 Gross Margin 1,050 Selling & Admin 875 Net Operating Income 175 Nonoperating Items Gain on Sale of Equipment 3 Income Before Taxes 178 Income Taxes 63 Net Income 115 It’s Balance Sheet for the end of Year 1 and...
Please help me create an indirect statement of cash flows using this income statement and balance...
Please help me create an
indirect statement of cash flows using this income statement and
balance sheet. Thank you.
Income Statement MHOMC 2003 2002 OPERATING REVENUE Net patient service revenue Other operating revenue 400.735 16.836 339.746 15,149 417,571 Total operating revenue 354,895 EXPENSES Salaries and benefits Supplies and other 244,747 205,376 71.347 65,294 General Support Depreciation Interest Bad debt expense 35,803 29.945 7,021 13.395 31,062 27,042 4,256 14.898 1 Total operating expenses 402 258 3 47 928 INCOME FROM OPERATIONS...
Please complete in excel The Statement of Cash Flows 989 P16-34A Preparing the statement of cash...
Please complete in excel
The Statement of Cash Flows 989 P16-34A Preparing the statement of cash flows-indirect method with Learning Objective 2 non-cash transactions The 2015 income statement and comparaive balance sheet of Rolling Hills, Inc. follow 1. Net Cash Prov. by Op. Act. $125,700 ROLLING HILLS, INC. Income Statement Year Ended December 31, 2015 Sales Revenue $436,000 Cost of Goods Sold 202,200 Gross Profit 233,800 Operating Expenses Salaries Expense $78,400 Depreciation Expense-Plant Assets 14,400 Other Operating Expenses 10,200 Total...
Complete a vertical and horizontal analysis for the balance
sheet.
Below is the summary operating statement
20x1
20x2
Variance (Horizontal)
#/$
%
Rooms available:
300.00
300.00
0.00%
Rooms sold:
79,388.00
81,140.00
2.21%
Occupancy:
72.50%
74.10%
2.21%
ADR:
183.62
191.33
7.71
4.20%
Rooms RevPar:
133.12
141.78
8.66
6.51%
Total RevPar:
176.20
185.65
9.45
5.36%
Operating revenue
Rooms
14,577,225.00
75.55%
15,524,516.00
76.37%
947,291.00
6.50%
Food and...
Complete a vertical and horizontal analysis for the summary
operating statement.
Summary Operating Statement WN 20x1 20x2 Variance (Horizontal) #/$ 300 79,388 72.5% 183.62 133.12 176.20 300 81,140 74.1% 191.33 141.78 185.65 6 Rooms Available: 7 Rooms Sold: 8 Occupancy: 9 ADR: 10 Rooms RevPAR: 11 Total RevPAR: 12 13 Operating Revenue 14 Rooms 15 Food and Beverage Miscellaneous Income 17 Total Operating Revenue 16 14,577,225 4,444,791 271,725 19,293,741 15,524,516 4,517,064 287,236 20,328,816 18 1 3 19 Departmental Expenses 20...
Create Statement of Cash Flows for 2xx2 Do CASH FLOW Statement Class Company, Inc. SS Assets: Current Assets: Cash Accounts Receivable Prepaid Expenses Other Current Assets Total Current Assets: Balance Sheet as of 12/31/2xxl 12/31/2xx2 Ss 440,000 892,100 322,000 402,000 30,000 52,000 15,000 26.000 807,000 1,372,100 Plant Property & Equipment Accumulated Depreciation Net Plant Property & Equipment 1,000,000 410,000 590,000 1,300,000 470,000 830,000 Amortization here Other Non-Current Assets: Intangibles Deferred Loan Placement Costs Other Non-Current assets Total Other Non-Current Assets...
Complete the statement one section at a time, beginning with
the cash flows from operating activities.
Grand Tree, Inc.
Statement of Cash Flows
Year Ended December 31, 2018
Grand Tree, Inc. Income Statement Year Ended December 31, 2018 Net Sales Revenue $ 442,000 Cost of Goods Sold 210,200 Gross Profit 231,800 Operating Expenses Salaries Expense 78,400 Depreciation Expense-Plant Assets 14,700 Other Operating Expenses 11,000 104,100 Total Operating Expenses Operating Income 127.700 Other Income and (Expenses): Interest Revenue 8,300 Interest Expense...
The Statement of Cash Flows 215 Problem 14 sed balance sheets of the Spartan Inn are as follows: The condensed bala Spartan Inn Condensed Balance Sheets December 31, 20X1 and 20X2 20X1 Assets Current Assets: 20X2 Cash $ $ Marketable Securities Accounts Receivable Inventory Total Current Assets Investments Property and Equipment: 30,000 50,000 100,000 20,000 200,000 100,000 40,000 50,000 95,000 25,000 210,000 60,000 500,000 5,000,000 1,000,000 (1,600,000) 4,900,000 $5,200,000 500,000 6,000,000 1,100,000 (2,000,000) 5,600,000 $5,870,000 Land Building Equipment Accumulated Depreciation...
Please help me create an
indirect statement of cash flows using this income statement and
balance sheet. Thank you.
Income Statement MHOMC 2003 2002 OPERATING REVENUE Net patient service revenue Other operating revenue 400.735 16.836 339.746 15,149 417,571 Total operating revenue 354,895 EXPENSES Salaries and benefits Supplies and other 244,747 205,376 71.347 65,294 General Support Depreciation Interest Bad debt expense 35,803 29.945 7,021 13.395 31,062 27,042 4,256 14.898 1 Total operating expenses 402 258 3 47 928 INCOME FROM OPERATIONS...
Please complete in excel
The Statement of Cash Flows 989 P16-34A Preparing the statement of cash flows-indirect method with Learning Objective 2 non-cash transactions The 2015 income statement and comparaive balance sheet of Rolling Hills, Inc. follow 1. Net Cash Prov. by Op. Act. $125,700 ROLLING HILLS, INC. Income Statement Year Ended December 31, 2015 Sales Revenue $436,000 Cost of Goods Sold 202,200 Gross Profit 233,800 Operating Expenses Salaries Expense $78,400 Depreciation Expense-Plant Assets 14,400 Other Operating Expenses 10,200 Total...
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