What is the cash flow from assets for the year? Consider the following abbreviated financial statements...
What is the cash flow from assets for the year?
Consider the following abbreviated financial statements for Cabo
Wabo, Inc.:
| CABO WABO, INC. Partial Balance Sheets as of December 31, 2015 and 2016 |
|||||||||
| 2015 | 2016 | 2015 | 2016 | ||||||
| Assets | Liabilities and Owners’ Equity | ||||||||
| Current assets | $ | 2,753 | $ | 2,890 | Current liabilities | $ | 1,107 | $ | 1,658 |
| Net fixed assets | 12,509 | 13,060 | Long-term debt | 6,596 | 7,818 | ||||
| CABO WABO, INC. 2016 Income Statement |
||
| Sales | $ | 40,090 |
| Costs | 20,082 | |
| Depreciation | 3,444 | |
| Interest paid | 657 | |
Homework Answers
| Computation of Cash flows from Assets | |||
| Amount | |||
| Cash flows from operating activities | |||
| Sales | 40090 | ||
| Less: Cost | 20082 | ||
| Less: Interest Paid | 657 | 19351 | |
| Change in Net Working Capital | |||
| Increase/ (Decrease) in Current Liabilities | 551 | ||
| (Increase)/ Decrease in Current Assets | -137 | 414 | |
| Cash Flows from Operating Activities | 19765 | ||
| Change in Fixed Assets | |||
| Balance as on 31 Dec, 2015 | 12509 | ||
| Less: Depreciation | -3444 | ||
| Less: Balance as on 31 Dec, 2016 | -13060 | ||
| -3995 | |||
| Cash flows from Assets | 15770 | ||
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What is the cash flow from assets for the year?
Consider the following abbreviated financial statements...
a,b,c,d the positive and negative signs of your 22. Calculating Cash Flows. Consider the following abbreviated...
a,b,c,d
the positive and negative signs of your 22. Calculating Cash Flows. Consider the following abbreviated financial creditors Wla LO 4 statements for Cabo Wabo, Inc.: CABO WAB0, INC. 2016 Income Statement CABO WABO, INC Partial Balance Sheets as of December 31, 2015 and 2016 $40,664 20,393 3,434 938 Sales 2015 2016 2015 2016 Costs Depreciation Interest paid Assets Liabilities and Owners' Equilty Current assets Net fixed assets $ 2,718 $ 2,881 Current liabilities 12,602 $1,174 6,873 $1,726 8,019 13,175...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets $3.052 $ 3,246 Current liabilities $ 1,333 $ 1,968 13,939 14,500 Long-term debt Net fixed assets 7,245 8,298 CABO WABO, INC. 2019 Income Statement Sales $44,835 22,467 Costs Depreciation Interest paid 3,819 1,017 We were unable to transcribe this image8,413 7,480 -441 b. 2018 Owners' equity...
Consider the following abbreviated financial statements for Cabo Wabo, Inc. CABO WABO, INC. Partial Balance Sheets...
Consider the following abbreviated financial statements for Cabo Wabo, Inc. CABO WABO, INC. Partial Balance Sheets as of December 31, 2015 and 2016 2015 2015 2016 Assets Current assets Net fxed aasets Liabilities and owners' Equity $ 2,697$ 2,848 Current liabilites 12,411 2,969 Long-term debt S 1,135 S 1,679 6,687 7,846 CABO WABO, INC 2016 Income Slatement Sales Costs $39,950 20,026 3,395 Interest paid a. What is owners'equity for 2015 and 2016? (Do not round intermediate calculations and round your...
Consider the following abbreviated financial statements for Cabo Wabo, Inc. (Enter your answers directed, but do...
Consider the following abbreviated financial statements for Cabo Wabo, Inc. (Enter your answers directed, but do not round Intermediate calculations.) CABO WABO, INC Partial Balance Sheets as of December 31, 2013 and 2014 2013 Liabilities and Owners' Equity $ 3.198 $ 3.389Current liabilities 14,826 15,500Long-term debt 2014 Assets Current assets Net fixed assets 2013 | 2014 $ 1.381 $ 2.030 8.086 9,434 CABO WABO, INC. 2014 Income Statement 47 842 Sales Costs 23,992 Depreciation 4,040 750 Interest paid Requirement 1:...
Consider the following abbreviated financial statements for Cabo Wabo, Inc. (Enter your answers directed, but do...
Consider the following abbreviated financial statements for Cabo Wabo, Inc. (Enter your answers directed, but do not round Intermediate calculations.) CABO WABO, INC Partial Balance Sheets as of December 31, 2013 and 2014 2013 Liabilities and Owners' Equity $ 3.198 $ 3.389Current liabilities 14,826 15,500Long-term debt 2014 Assets Current assets Net fixed assets 2013 | 2014 $ 1.381 $ 2.030 8.086 9,434 CABO WABO, INC. 2014 Income Statement 47 842 Sales Costs 23,992 Depreciation 4,040 750 Interest paid Requirement 1:...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: (Enter your answer as directed, but...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: (Enter your answer as directed, but do not round Intermediate calculations.) CABO WABO, INC. Partial Balance Sheets as of December 31, 2013 and 2014 2013 2014 2013 2014 Assets Liabilities and Owners' Equity Current assets $ 3,198 $ 3,389 Current liabilities $ 1,381 $ 2,030 Net fixed assets 14,826 15,500 Long-term debt 8,086 9,434 CABO WABO, INC. 2014 Income Statement Sales $ 47,842 Costs 23,992 Depreciation 4.040 Interest paid 750...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners’ Equity Current assets $ 3,061 $ 3,257 Current liabilities $ 1,339 $ 1,978 Net fixed assets 13,950 14,501 Long-term debt 7,257 8,309 CABO WABO, INC. 2019 Income Statement Sales $ 44,850 Costs 22,472 Depreciation 3,825 Interest paid 1,015 a. What is owners’ equity for 2018 and 2019? (Do not...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets $3,025 $3,213 Current liabilities $ 1,315 $ 1,938 Net fixed assets 13,906 14,497 Long-term debt one 7,209 8,265 CABO WABO, INC. 2019 Income Statement Sales 44,790 22,452 Costs Depreciation 3.801 Interest paid 1,023 b. What is owners' equity for 2018 and 2019? (Do not round intermediate...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets $ 3,151 $ 3,367 Current liabilities $1,399 $2,078 Net fixed assets 14,060 14,511 Long-term debt 7,377 8,419 $45,000 CABO WABO, INC. 2019 Income Statement Sales 22,522 Costs Depreciation 3,885 Interest paid 995 a. What is owners' equity for 2018 and 2019? (Do not round intermediate calculations...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity 3,367 Current assets $ 3,151 $ Current liabilities $1,399 $2,078 14,060 Net fixed assets 14,511 Long-term debt 7,377 8,419 CABO WABO, INC. 2019 Income Statement $45,000 Sales 22,522 Costs Depreciation Interest paid 3,885 995 What is owners' equity for 2018 and 2019? (Do not round intermediate calculations and...
a,b,c,d
the positive and negative signs of your 22. Calculating Cash Flows. Consider the following abbreviated financial creditors Wla LO 4 statements for Cabo Wabo, Inc.: CABO WAB0, INC. 2016 Income Statement CABO WABO, INC Partial Balance Sheets as of December 31, 2015 and 2016 $40,664 20,393 3,434 938 Sales 2015 2016 2015 2016 Costs Depreciation Interest paid Assets Liabilities and Owners' Equilty Current assets Net fixed assets $ 2,718 $ 2,881 Current liabilities 12,602 $1,174 6,873 $1,726 8,019 13,175...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets $3.052 $ 3,246 Current liabilities $ 1,333 $ 1,968 13,939 14,500 Long-term debt Net fixed assets 7,245 8,298 CABO WABO, INC. 2019 Income Statement Sales $44,835 22,467 Costs Depreciation Interest paid 3,819 1,017 We were unable to transcribe this image8,413 7,480 -441 b. 2018 Owners' equity...
Consider the following abbreviated financial statements for Cabo Wabo, Inc. CABO WABO, INC. Partial Balance Sheets as of December 31, 2015 and 2016 2015 2015 2016 Assets Current assets Net fxed aasets Liabilities and owners' Equity $ 2,697$ 2,848 Current liabilites 12,411 2,969 Long-term debt S 1,135 S 1,679 6,687 7,846 CABO WABO, INC 2016 Income Slatement Sales Costs $39,950 20,026 3,395 Interest paid a. What is owners'equity for 2015 and 2016? (Do not round intermediate calculations and round your...
Consider the following abbreviated financial statements for Cabo Wabo, Inc. (Enter your answers directed, but do not round Intermediate calculations.) CABO WABO, INC Partial Balance Sheets as of December 31, 2013 and 2014 2013 Liabilities and Owners' Equity $ 3.198 $ 3.389Current liabilities 14,826 15,500Long-term debt 2014 Assets Current assets Net fixed assets 2013 | 2014 $ 1.381 $ 2.030 8.086 9,434 CABO WABO, INC. 2014 Income Statement 47 842 Sales Costs 23,992 Depreciation 4,040 750 Interest paid Requirement 1:...
Consider the following abbreviated financial statements for Cabo Wabo, Inc. (Enter your answers directed, but do not round Intermediate calculations.) CABO WABO, INC Partial Balance Sheets as of December 31, 2013 and 2014 2013 Liabilities and Owners' Equity $ 3.198 $ 3.389Current liabilities 14,826 15,500Long-term debt 2014 Assets Current assets Net fixed assets 2013 | 2014 $ 1.381 $ 2.030 8.086 9,434 CABO WABO, INC. 2014 Income Statement 47 842 Sales Costs 23,992 Depreciation 4,040 750 Interest paid Requirement 1:...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: (Enter your answer as directed, but do not round Intermediate calculations.) CABO WABO, INC. Partial Balance Sheets as of December 31, 2013 and 2014 2013 2014 2013 2014 Assets Liabilities and Owners' Equity Current assets $ 3,198 $ 3,389 Current liabilities $ 1,381 $ 2,030 Net fixed assets 14,826 15,500 Long-term debt 8,086 9,434 CABO WABO, INC. 2014 Income Statement Sales $ 47,842 Costs 23,992 Depreciation 4.040 Interest paid 750...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets $3,025 $3,213 Current liabilities $ 1,315 $ 1,938 Net fixed assets 13,906 14,497 Long-term debt one 7,209 8,265 CABO WABO, INC. 2019 Income Statement Sales 44,790 22,452 Costs Depreciation 3.801 Interest paid 1,023 b. What is owners' equity for 2018 and 2019? (Do not round intermediate...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets $ 3,151 $ 3,367 Current liabilities $1,399 $2,078 Net fixed assets 14,060 14,511 Long-term debt 7,377 8,419 $45,000 CABO WABO, INC. 2019 Income Statement Sales 22,522 Costs Depreciation 3,885 Interest paid 995 a. What is owners' equity for 2018 and 2019? (Do not round intermediate calculations...
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity 3,367 Current assets $ 3,151 $ Current liabilities $1,399 $2,078 14,060 Net fixed assets 14,511 Long-term debt 7,377 8,419 CABO WABO, INC. 2019 Income Statement $45,000 Sales 22,522 Costs Depreciation Interest paid 3,885 995 What is owners' equity for 2018 and 2019? (Do not round intermediate calculations and...
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