Cash flow statement
Please provide formula/equation so i know how to solve for. Thank you!
Cash Flow Statement | |||
Indirect Method | |||
Cash flow from Operating Activities | |||
Net Income | $ 49,000.00 | ||
Adjustments | |||
Depreciation | $ 31,000.00 | ||
Gain on sale of equipment | $ -4,500.00 | ||
Change In current assets & Liabilities | |||
Decrease in Accounts Receivable | $ 14,000.00 | ||
Increase in inventories | $ -21,000.00 | ||
Decrease in Prepaid Expenses | $ 3,000.00 | ||
Increase in Accounts payable | $ 18,000.00 | ||
Decrease in Interest Payable | $ -2,000.00 | ||
Total Adjustments | $ 38,500.00 | ||
Cash from operating activities | $ 87,500.00 | ||
Cash flow from Investing Activities | |||
Sale of Equipment | $ 17,500.00 | ||
Purchase of Equipment | $ -78,000.00 | ||
Net Cash Flow used for investing activities | $ -60,500.00 | ||
Cash flow from Financing Activities | |||
Issue of stock | $ 55,000.00 | ||
Issue of long term debt | $ 57,000.00 | ||
Payment of long term debt | $ -92,000.00 | ||
Cash used for Dividends | $ -15,000.00 | ||
Cash from financing activities | $ 5,000.00 | ||
Net Increase in cash | $ 32,000.00 | ||
Opening Balance of Cash | $ 54,000.00 | ||
Closing Balance of Cash | $ 86,000.00 |
Free Cash Flow = Net Cash from Operating Activites - Net Cash
used in Investing activities
= $87500-60500 = $27000
Cash flow statement Please provide formula/equation so i know how to solve for. Thank you! BUS...
Free cash flow? Given the information above what is the amount of free cash flow for the company for the year? Please provide formula/equations? BUS 7013 - Managerial Accounting Cash Flow Statement Amount Calculations - Chapter 14 End of year Beginning of year Current year Change Income statement Balance sheet Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment, at cost Less: Accum. depreciation Net equipment Total assets 86,000 112,000 141,000 18,000 357,000 298,000 (100,000) 198,000 555,000 54,000 126,000...
Please provided formulas/equations, so I can learn how to solve for. Thank you! :) Cash Flow Statement Amount Calculations - Chapter 14 End of year Beginning of year Current year Income statement Balance sheet Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment, at cost Less: Accum. depreciation Net equipment Total assets 86,000 112,000 141,000 18,000 357,000 298,000 (100,000) 198,000 555,000 54,000 126,000 120,000 21,000 321,000 240,000 (76,000) 164,000 485.000 Change 32,000 (14,000) 21,000 (3,000) 36,000 58,000 (24,000) 34,000...
Please provide equation/explanation so I know how to solve for. Statement of Cash Flows -- Troubleshooting Homework Balance sheet End of Beginning year of year Change Cash 76,000 Accounts receivable 116,000 Inventory 88,000 Total current assets 280,000 Equipment, at cost 280,000 Less: Accum. depreciation (80,000) Net book value of equipment 200,000 Total assets 480,000 42.000 34.000 107,000 9,000 94,000 (6,000) 243,000' 37,000 210,000 70,000 (67,000) (13,000) 143,000 57,000 386,000 94,000 Why doesn't this balance? Please fix it. (There could be...
Please provided formulas/equations so i know how to solve for. thank you! Cash Flow Statement Amount Calculations - Chapter 14 End of year Beginning of year Current year Income statement Balance sheet Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment, at cost Less: Accum. depreciation Net equipment Total assets 86,000 112,000 141,000 18,000 357,000 298,000 (100,000) 198,000 555,000 54,000 126,000 120,000 21,000 321,000 240,000 (76,000) 164,000 485.000 Change 32,000 (14,000) 21,000 (3,000) 36,000 58,000 (24,000) 34,000 70,000 800,000...
Use Walmart’s income statement and cash flow statement for the year ending January 31, 2020 to calculate Walmart’s free cash flow. Continue to assume that the tax rate was 21 percent and that deferred taxes relate to operating activities Walmart's Cash Flow Statement for 2020 Consolidated net income Depreciation and amortization Deferred income expense (Gains) losses on disposals of assets and businesses, net Other operating (income) expense, net Decrease increase) in accounts receivable Decrease increase) in inventories Increase/(decrease) in accounts...
Free Cash flow question What is the amount of free cash flow for this company for the year? Please show formula/equation so i know how to solve for. Thank you! Cash Flow Statement Amount Calculations - Chapter 14 End of year Beginning of year Current year Income statement Balance sheet Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment, at cost Less: Accum. depreciation Net equipment Total assets 86,000 112,000 141,000 18,000 357,000 298,000 (100,000) 198,000 555,000 54,000 126,000...
You have been recently assigned as the new owner representative and asset manager at Capital Hotel Investments, Inc and will oversee 12 hotel properties including the Hilton Garden Inn of Tysons, VA. Following a poor operational 2016 at the Hilton hotel at Tysons, Capital Hotel Investments’ CFO asked you to work with the Hilton’s property management to identify why the hotel’s cash position remains the same despite the realizing $300,000 gain on investments in 2016. The property director of finance...
please correct 5. A company began a year with Cash of SK. These items increased by the amounts displayed during the calendar year: Inventories, S72; Accumulated depreciation, $20: Accounts receivable, $8, Accounts payable, $2; Notes payable, $8; purchases of Fixed assets, $80; Common stock, $25. Net income is $34. There were no changes in long-term debt and no earnings were distributed to stockholders. Complete the following Statement of Cash Flows: Cash Flows from Operating Activities Net income 34 Depreciation 10...
how and what is the formula to find net increase? a. Purchase of fixed assets for cash, $53,300 Proceeds from issuance of common stock, $33,000 Payment of dividends, $46,400 Collection of interest, $6,500 o o o o h. i. j. k. Proceeds from sale of fixed assets, $22,400 Collections from customers, $635,000 Cash receipt of dividend revenue, $4,600 Payments to suppliers, $368,500 Depreciation expense, $59,000 Proceeds from issuance of long-term notes, $22,300 - n. Income tax expense and payments, $36,000...
Preparing a Statement of Cash Flows Erie Company reported the following comparative balance sheets: 2019 2018 Assets: Cash $33,200 $12,750 Accounts receivable 53,000 44,800 Inventory 29,500 27,500 Prepaid rent 2,200 6,200 Investments (long-term) 17,600 31,800 Property, plant, and equipment 162,000 149,450 Accumulated depreciation (61,600) (56,200) Total assets $235,900 $216,300 Liabilities and Equity: Accounts payable $16,900 $19,500 Interest payable 3,500 4,800 Wages payable 9,600 7,100 Income taxes payable 5,500 3,600 Notes payable 30,400 53,000 Common stock 100,000 68,500 Retained earnings 70,000...