Question
fill the table
2) El siguiente es el Comparative Balance Sheet de la compania Rupert Everet Rupert Everett Company Comparative Balance Sheet
0 0
Add a comment Improve this question Transcribed image text
Answer #1
Rupert Everett Company
Statement of Cash flows
For the year ended December 31, 2012
Cash flow from operating activities
Net income 105000
Adjustments to Reconcile net income to cash provided by operating activities
Add Depreciation expenses 24000
Less Profit on sale of land (978000-25000) -953000
Less Increase in account receivable ($85000-$76000) -9000
Add decrease in inventory ($180000-$189000) 9000
Less decrease in accounts payable ($34000-$47000) -13000
Net cash provided by operating activities -837000
Cash flows from investing activity
Add sale of land 978000
Less purchase of equipment (200000-260000) -60000
net cash used in investing activities 918000
Cash flow from financing activities
Less meaning of cash dividend -40000
Less redemption of Bond -50000
Add issuance of common stock 50000
net cash used by Financing Activities -40000
Net increase in cash 41000
Cash at the beginning of the period 22000
Cash at the end of the period 63000
I hope this answer helps you, please make a thumbs up if like the solution or please comment, in case any improvement in the solution or help need
Add a comment
Know the answer?
Add Answer to:
fill the table 2) El siguiente es el Comparative Balance Sheet de la compania Rupert Everet...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 1) Los siguientes son los estados financieros de Swanson Company Swanson Company Income Statement For the...

    1) Los siguientes son los estados financieros de Swanson Company Swanson Company Income Statement For the Years ended December 31, 2022 2021 Net Sales (credit) $650,000.00 $520,000.00 Expenses Cost of Goods Sold 415,000.00 354,000.00 Sales and Administrative 150,800.00 114,800.00 Interest Expense 7,200.00 6,000.00 Income Tax Expense 18,000.00 14,000.00 Total Expenses $591,000.00 $488,800.00 Net Income $ 59,000.00 $ 31,200.00 Swanson Company Comparative Balance Sheets As of December 31, Assets 2022 Current Assets Cash $ 41,000.00 Short Term Investments 18,000.00 Account Receivable(net)...

  • Illies Corporation's comparative balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current...

    Illies Corporation's comparative balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current assets: Cash and cash equivalents $ 58,000 $ 51,000 Accounts receivable 37,000 40,800 Inventory 85,000 88,800 Total current assets 180,000 180,600 Property, plant, and equipment 412,000 375,000 Less accumulated depreciation 192,000 150,000 Net property, plant, and equipment 220,000 225,000 Total assets $ 400,000 $ 405,600 Liabilities and stockholders' equity: Current liabilities: Accounts payable $ 36,000 $ 38,800 Accrued liabilities 72,000 78,800 Income taxes payable...

  • Illies Corporation's comparative balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current...

    Illies Corporation's comparative balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current assets: Cash and cash equivalents $ 55,000 $ 48,000 Accounts receivable 34,000 37,500 Inventory 82,000 85,500 Total current assets 171,000 171,000 Property, plant, and equipment 403,000 369,000 Less accumulated depreciation 186,000 147,000 Net property, plant, and equipment 217,000 222,000 Total assets $ 388,000 $ 393,000 Liabilities and stockholders' equity: Current liabilities: Accounts payable $ 33,000 $ 35,500 Accrued liabilities 69,000 75,500 Income taxes payable...

  • Just need help with cash flows from operating activities! The comparative balance sheet of Livers Inc....

    Just need help with cash flows from operating activities! The comparative balance sheet of Livers Inc. or December 31, 20Y3 and 20Y2, s as follows: Dec. 31, 20Y3 Dec.31,20Y2 1 Assets 2 $155,000.00 $150,000.00 3 Cash Accounts receivable (net) 450,000.00 400,000.00 4 770,000.00 5 Inventories 750,000.00 0.00 100,000.00 6 Investments 0.00 7Land 500,000.00 8 Equipment 1,400,000.00 1,200,000.00 9 Accumulated depreciation-equipment (600,000.00) (500,000.00) $2,675,000.00 $2,100,000.00 10 Total assets Liabilities and Stockholders' Equity 11 $340,000.00 $300,000.00 12 Accounts payable (merchandise creditors) 50,000.00...

  • The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 20Y7, is...

    The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 20Y7, is as follows Dec. 31,20Y8 Dec. 31,20Y7 Assets 146190.00 $179,070.00 41,100.00 299,700.00 430.00 537,730.00 170,790.00) 0) 1,190,560.00 $1,135,130.00 3Cash 4Accounts receivable (net) Inventories 6 Prepaid expenses 7 Equipment 8Accumulated depreciation-equipment 9 Total assets 224,940.00 22,390.00 12,670.00 655,160.00 Liabilities and Stockholders' Equity 10 11 Accounts payable (merchandise creditors) 12 Mortgage note payable 13 Common stock, $10 par 14 Paid-in capital: Excess of issue price over par-common...

  • Statement of Cash Flows-Indirect Method The comparative balance sheet of Harris Industries Inc. at December 31,...

    Statement of Cash Flows-Indirect Method The comparative balance sheet of Harris Industries Inc. at December 31, 2014 and 2043, is as follows: Dec. 31, Dec. 31, 2014 2013 Assets Cash Accounts receivable (net) Inventories Prepaid expenses $443,240 665,280 887,880 $360,920 592,200 1,022,560 31,640 25,200 Land 302,400 302,400 Buildings 1,713,600 (466,200) 1,134,000 (414,540) Accumulated depreciation-buildings Machinery and equipment Accumulated depreciation-machinery and equipment 781,200 (214,200) 106,960 $4,251,800 781,200 (191,520) 112,000 $3,724,420 Patents Total assets $837,480 32,760 Liabilities and Stockholders' Equity Accounts payable...

  • Using horizontal analysis, perpare a Comparative Balance Sheet. Robust Robots, Inc. Comparative Balance Sheet December 31,...

    Using horizontal analysis, perpare a Comparative Balance Sheet. Robust Robots, Inc. Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Current Assets: Cash Accounts Receivable, net Merchandise Inventory Supplies Prepaid Insurance Total Current Assets $ $ $ $ $ $ 65,000 150,000 135,000 9,700 30,000 389,700 $ $ $ $ $ $ 80,000 100,000 70,000 500 10,000 260,500 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation - Equipment Total Property, plant, and Equipment Total Assets $ $ $...

  • Presented below are the financial statements of Coronado Industries. Coronado Industries Comparative Balance Sheets December 31...

    Presented below are the financial statements of Coronado Industries. Coronado Industries Comparative Balance Sheets December 31 Assets 2022 $ 49,000 2021 $28,000 Cash Accounts receivable Inventory Property, plant, and equipment 28,000 39,200 84,000 (44,800) $155,400 19,600 28,000 109,200 (33,600) $151,200 Accumulated depreciation Total Liabilities and Stockholders' Equity Accounts payable Income taxes payable $ 26,600 9,800 23,800 25,200 Bonds payable $ 21,000 11,200 46,200 19,600 53,200 $151,200 Common stock Retained earnings 70,000 Total $155,400 Coronado Industries Income Statement For the Year...

  • The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 20Y7, is as follows:

    The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 20Y7, is as follows:1Dec. 31, 20Y8Dec. 31, 20Y72Assets3Cash$95,000.00$110,000.004Accounts receivable (net)260,000.00280,000.005Inventories520,000.00450,000.006Prepaid expenses15,000.005,000.007Equipment1,130,000.00800,000.008Accumulated depreciation-equipment(235,000.00)(190,000.00)9Total assets$1,785,000.00$1,455,000.0010Liabilities and Stockholders’ Equity11Accounts payable (merchandise creditors)$100,000.00$75,000.0012Mortgage note payable    0.00500,000.0013Common stock, $10 par500,000.00200,000.0014Paid-in capital in excess of par—common stock400,000.00100,000.0015Retained earnings785,000.00580,000.0016Total liabilities and stockholders’ equity$1,785,000.00$1,455,000.00Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows:a. Net income, $250,000.b. Depreciation reported on the income statement,...

  • Here are comparative balance sheets for Velo Company. Velo Company Comparative Balance Sheets December 31 Assets...

    Here are comparative balance sheets for Velo Company. Velo Company Comparative Balance Sheets December 31 Assets 2020 2019 Cash $72,800 $33,200 Accounts receivable 86,500 70,700 Inventory 170,200 187,000 Land 72,700 100,700 Equipment 260,700 200,600 Accumulated depreciation—equipment (65,700 ) (33,500 )    Total $597,200 $558,700 Liabilities and Stockholders’ Equity Accounts payable $35,400 $46,500 Bonds payable 149,800 203,300 Common stock ($1 par) 218,000 173,000 Retained earnings 194,000 135,900    Total $597,200 $558,700 Additional information: 1. Net income for 2020 was $103,600. 2. Cash dividends...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT