Homework Answers
|
Cash flow from Operating Activities |
||
|
Net Loss |
(30) |
|
|
Adjustment :- |
||
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Depreciation |
30 |
|
|
Increase Account Receivable |
(5) |
|
|
Decrease Inventory |
31 |
|
|
Increase A/c Payable |
18 |
|
|
Increase Accrued Liab |
5 |
|
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Increase Income Tax Payable |
24 |
|
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Cash flow from Operating Activities (A) |
73 |
|
|
Cash Flow from Investing Activities |
||
|
Purchase of Equipment (587-510+20) |
(97) |
|
|
Sold of Equipment |
10 |
|
|
Cash Flow from Investing Activities (B) |
(87) |
|
|
Cash Flow from Financing Activities |
||
|
Repay Bond Payable |
(40) |
|
|
Issue common stock |
12 |
|
|
Dividend paid |
(11) |
|
|
Cash Flow from Financing Activities (C) |
(39) |
|
|
Net Cash Inflow (Outflow) (A+B+C) |
(53) |
|
|
Add: Beginning Cash Balance |
100 |
|
|
Ending Cash Balance |
47 |
|
Add Answer to:
Sike Corp balance sheet and income statement appear below: TAKE HOME PROBLEM. TO BE TURNED IN...
Sike Corp balance sheet and income statement appear below: TAKE HOME PROBLEM. TO BE TURNED IN...
Sike Corp balance sheet and income statement appear below: TAKE HOME PROBLEM. TO BE TURNED IN AT THE BEGINNING OF CLASS OF EXAM #1 Comparative Balance Sheet .Net Loss for the period was S30, 12/31/2015 12/31/2016. Assets Cash Accounts Receivable Inventory PP&E Accum Depr Total Assets The company sold equipment for S10 that was originally purchased for $20 100 $ 47 S3540The sold asset had accumulated 8453 depreciation of S10. S 510 87The company paid a cash dividend (340) $(360)...
Pike Corp balance sheet and income statement appear below TAKE HOME PROBLEM, TO BE TURNED IN...
Pike Corp balance sheet and income statement appear below TAKE HOME PROBLEM, TO BE TURNED IN AT THE BEGINNING OF CLASS OF EXAM # . Comparative Balance Sheet .Net Income for the period was $70. Assets Cash Accounts Receivable Inventory PP&E Accum Depr Total Assets 12/31/2015 12/31/2016The company so s 60 $ 47 $ 35 40 . The sold asset had accumulated S 43 $ 33 $ 510$ 580 that was originally purchased for $50 depreciation of $30. The company...
Kilduff Corporation's balance sheet and Income statement appear below: Comparative Balance Sheet Ending Beginning Balance Balance...
Kilduff Corporation's balance sheet and Income statement appear below: Comparative Balance Sheet Ending Beginning Balance Balance $ 38 32 707 55 580 316 315 $512 $390 Assets: Cash and cash equivalents Accounts receivable Inventory Property, plant and equipment Less accumulated depreciation Total assets Liabilities and stockholders' equity: Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 64 41 180 282 $512 136 $390 $1,174 771 Income statement Sales Cost of...
Construct, in good form, the company’s Statement of Cash Flows for the period, using the indirect...
Construct, in good form, the company’s Statement of Cash
Flows for the period, using the indirect
method.
I really need to know the process by which to work the problem,
not just the answers, thanks!
Pike Corp balance sheet and income statement appear below: TAKE HOME PROBLEM, TO BE TURNED IN AT THE BEGINNING OF CLASS OF EXAM #1 Comparative Balance Sheet Net Income for the period was $70 2/31/2015 12/31/2016. The company sold equipment for $25 Assets Cash Accounts...
Marbry Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Beginning Balance Balance...
Marbry Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Beginning Balance Balance $ 60 48 80 188 540 276 264 $ 452 $ 44 63 63 170 530 263 267 $437 Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable...
The most recent balance sheet and income statement of Penaloza Corporation appear below: Comparative Balance Sheet...
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Marbry Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Beginning Balance Balance...
Marbry Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Beginning Balance Balance $ 42 49 62 153 470 262 Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable $ 35 54 54 143 440 254 186 208 $361 $329 $...
Harkey Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balance...
Harkey Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents $ 34 $ 37 Accounts receivable 80 77 Inventory 44 46 Property, plant, and equipment 483 392 Less accumulated depreciation 213 180 Total assets $ 428 $ 372 Liabilities and stockholders' equity: Accounts payable $ 27 $ 29 Accrued liabilities 30 26 Income taxes payable 41 37 Bonds payable 132 180 Common stock 85 87 Retained earnings 113 13...
43) Autry Corporation's balance sheet and income statement appear below Comparative Balance Sheet Ending Balance Begining...
43) Autry Corporation's balance sheet and income statement appear below Comparative Balance Sheet Ending Balance Begining Balance 33 $ 26 67 154 673 199 315 358 $ $12 520 293 227 $ 386 Assets Current assets Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities...
Freiman Corporation's most recent balance sheet and income statement appear below: Balance Sheet December 31, Year...
Freiman Corporation's most recent balance sheet and income statement appear below: Balance Sheet December 31, Year 2 and Year 1 (in thousands of dollars) Year 2 Year 1 Assets Current assets: Cash $ 160 $ 120 Accounts receivable, net 220 240 Inventory 120 130 Prepaid expenses 40 40 Total current assets 540 530 Plant and equipment, net 700 700 Total assets $ 1,240 $ 1,230 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 130 $ 150 Accrued liabilities 90...
Sike Corp balance sheet and income statement appear below: TAKE HOME PROBLEM. TO BE TURNED IN AT THE BEGINNING OF CLASS OF EXAM #1 Comparative Balance Sheet .Net Loss for the period was S30, 12/31/2015 12/31/2016. Assets Cash Accounts Receivable Inventory PP&E Accum Depr Total Assets The company sold equipment for S10 that was originally purchased for $20 100 $ 47 S3540The sold asset had accumulated 8453 depreciation of S10. S 510 87The company paid a cash dividend (340) $(360)...
Pike Corp balance sheet and income statement appear below TAKE HOME PROBLEM, TO BE TURNED IN AT THE BEGINNING OF CLASS OF EXAM # . Comparative Balance Sheet .Net Income for the period was $70. Assets Cash Accounts Receivable Inventory PP&E Accum Depr Total Assets 12/31/2015 12/31/2016The company so s 60 $ 47 $ 35 40 . The sold asset had accumulated S 43 $ 33 $ 510$ 580 that was originally purchased for $50 depreciation of $30. The company...
Kilduff Corporation's balance sheet and Income statement appear below: Comparative Balance Sheet Ending Beginning Balance Balance $ 38 32 707 55 580 316 315 $512 $390 Assets: Cash and cash equivalents Accounts receivable Inventory Property, plant and equipment Less accumulated depreciation Total assets Liabilities and stockholders' equity: Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 64 41 180 282 $512 136 $390 $1,174 771 Income statement Sales Cost of...
Construct, in good form, the company’s Statement of Cash
Flows for the period, using the indirect
method.
I really need to know the process by which to work the problem,
not just the answers, thanks!
Pike Corp balance sheet and income statement appear below: TAKE HOME PROBLEM, TO BE TURNED IN AT THE BEGINNING OF CLASS OF EXAM #1 Comparative Balance Sheet Net Income for the period was $70 2/31/2015 12/31/2016. The company sold equipment for $25 Assets Cash Accounts...
Marbry Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Beginning Balance Balance $ 60 48 80 188 540 276 264 $ 452 $ 44 63 63 170 530 263 267 $437 Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable...
Marbry Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Beginning Balance Balance $ 42 49 62 153 470 262 Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable $ 35 54 54 143 440 254 186 208 $361 $329 $...
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