Calculate Cash Payment for Acquisition of Planet Assets with given information
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Calculate Cash Payment for Acquisition of Planet Assets with
given information
Please explain how you got...
needing help on how calculate the acquisition. please show all work. thanks (Click the icon te...
needing help on how calculate the acquisition. please show all
work. thanks
(Click the icon te ne 2018 income statement and comparative balance sheet of Granite Rock, Inc. follow: (Click the icon to view the income statement.) Read the requiremer Click the icon to view the comparative balance sheet.) Complete the statement one section at a time, beginning with the cash flows from operating activities. 109,600 Granite Rock, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash Flows...
can someone please help me The 2018 income statement and comparative balance sheet of Granite Rock,...
can
someone please help me
The 2018 income statement and comparative balance sheet of Granite Rock, Inc. follow: (Click the icon to view the income statement.) B (Clicly the icon to view the comparative balance sheet.) $ 108,500 Granite Rock, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation Expense-Plant Assets Increase in Accounts Receivable Decrease in...
9. Michael, Inc.'s accountant has partially completed the spreadsheet for the statement of cash flows. Fill...
9. Michael, Inc.'s accountant has partially completed the spreadsheet for the statement of cash flows. Fill in the remaining missing information. (lf a bax is not used in the statement, leave the box emply do not select a label or enter a zero, Dot check your answer until bath Panel A and Panel B have been completed) (Click the icon to view the information) Balance 12/31/2018 Michael, Inc. Spreadsheet for Statement of Cash Flows Year Ended December 31, 2018 Balance...
help please explain how i do this The balance sheet for Plasma Screens Corporation, along with...
help please explain how i do
this
The balance sheet for Plasma Screens Corporation, along with additional information, are provided below. PLASMA SCREENS CORPORATION Balance Sheets December 31, 2018 and 2017 2018 2017 Assets: Current assets: Cash $ 113,500 $ 125,600 Accounts receivable 78.800 93,000 Inventory 97,000 81,800 Prepaid rent 4,400 2,200 Long-term assets: Land 490,000 490,000 Equipment 798,000 680,000 Accumulated depreciation (430,000) (272,000) Total assets $ 1,151,700 $ 1,200,600 $ Liabilities and Stockholders' Equity: Current liabilities: Accounts payable Interest...
i More Info a. Acquisition of plant assets was $160.000. Of this amount. $ 105,000 was...
i More Info a. Acquisition of plant assets was $160.000. Of this amount. $ 105,000 was paid in cash and $55,000 was financed by signing a note payable. b. Proceeds from the sale of land totaled $45,000. c. Proceeds from the issuance of common stock totaled $35,000 d. Payment of a long-term note payable was $17,000. e. Payment of dividends was $9,000. f. From the balance sheets: December 31, 2018 2017 Current assets: Cash $ $ Accounts receivable Inventory Prepaid...
Spreadsheet for Statement of Cash Flows Year Ended December 31, 2018 Transaction Analysis Balance Balance 12/31/2017 Pa...
Spreadsheet for Statement of Cash Flows Year Ended December 31, 2018 Transaction Analysis Balance Balance 12/31/2017 Panel A Balance Sheet: DEBIT CREDIT 12/31/2018 Cash Accounts Receivable 15,300 4,330 14,600 (500) 33,730 19,800 5,330 16,300 (700) Plant Assets 1,700 Accumulated Depreciation 40,730 Total Assets Accounts Payable 6,700 5,400 Common Stock, no par 5,300 28,130 22,830 4,200 33,730 5,500 Retained Earnings 7,200 40,730 Total Liabilities and Stockholders' Equity Panel B_Statement of Cash Flows: 200 Cash Flows from Operating Activities: Net Income Adjustments...
Investing and Financing Cash Flows The following information was obtained from Melville Company's comparative balance sheet....
Investing and Financing Cash Flows The following information was obtained from Melville Company's comparative balance sheet. End of Year Beginning of Year Cash $19,000 $9,000 Accounts receivable 50,000 35,000 Inventory 55,000 49,000 Prepaid rent 6,000 8,000 Long-term investments 21,000 32,000 Plant assets 140,000 106,000 Accumulated depreciation (42,000) (32,000) Accounts payable 24,000 22,000 Income tax payable 4,000 6,000 Common stock 127,000 92,000 Retained earnings 106,000 91,000 Capital expenditures 15,200 Assume that Melville Company’s income statement showed depreciation expense of $10,000, a...
put together a Spreadsheet for Statement of Cash Flows for the same problem 16B-45B. Format the...
put together a Spreadsheet for Statement of Cash Flows for the
same problem 16B-45B. Format the spreadsheet as shown in Exhibit
16B-1.
P16B-45B Using a spreadsheet to prepare the statement of cash flows-indirect method The 2018 comparative balance sheet and income statement of Attleboro Group, Inc. follow. Attleboro disposed of a plant asset at book value in 2018. ATTLEBORO GROUP, INC. Income Statement Year Ended December 31, 2018 $441,000 205,400 235,600 $ 76,300 15,300 49,600 Net Sales Revenue Cost of...
need this ASAP please! Bridgeport Corp. Comparative Balance Sheets December 31 Assets 2021 Cash $ 129,280...
need
this ASAP please!
Bridgeport Corp. Comparative Balance Sheets December 31 Assets 2021 Cash $ 129,280 $ 77,440 Accounts receivable 140,480 60,800 Inventory 180,000 Prepaid expenses 45,440 164,560 41,600 174,400 Long-term investments 220,800 Plant assets 456,000 388,000 Accumulated depreciation (80,000) $1,092,000 (83,200 ) $823,600 Total Liabilities and Stockholders' Equity Accounts payable $ 163,200 $ 107,680 Accrued expenses payable 26,400 Bonds payable 176,000 352,000 33,600 233,600 280,000 Common stock Retained earnings 374,400 $1.092.000 Total 168.720 $823,600 Bridgeport Corp. Income Statement Data...
The income statement and additional data of Supplements Plus, Inc. follow: (Click the icon to view...
The income statement and additional data of Supplements Plus, Inc. follow: (Click the icon to view the income statement.) i (Click the icon to view the additional data.) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method. Use the transaction references in Panel B when selecting the transaction references in Panel Alf a box is not used in the spreadsheet, leave the box emoty: do not select a label...
needing help on how calculate the acquisition. please show all
work. thanks
(Click the icon te ne 2018 income statement and comparative balance sheet of Granite Rock, Inc. follow: (Click the icon to view the income statement.) Read the requiremer Click the icon to view the comparative balance sheet.) Complete the statement one section at a time, beginning with the cash flows from operating activities. 109,600 Granite Rock, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash Flows...
can
someone please help me
The 2018 income statement and comparative balance sheet of Granite Rock, Inc. follow: (Click the icon to view the income statement.) B (Clicly the icon to view the comparative balance sheet.) $ 108,500 Granite Rock, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation Expense-Plant Assets Increase in Accounts Receivable Decrease in...
9. Michael, Inc.'s accountant has partially completed the spreadsheet for the statement of cash flows. Fill in the remaining missing information. (lf a bax is not used in the statement, leave the box emply do not select a label or enter a zero, Dot check your answer until bath Panel A and Panel B have been completed) (Click the icon to view the information) Balance 12/31/2018 Michael, Inc. Spreadsheet for Statement of Cash Flows Year Ended December 31, 2018 Balance...
help please explain how i do
this
The balance sheet for Plasma Screens Corporation, along with additional information, are provided below. PLASMA SCREENS CORPORATION Balance Sheets December 31, 2018 and 2017 2018 2017 Assets: Current assets: Cash $ 113,500 $ 125,600 Accounts receivable 78.800 93,000 Inventory 97,000 81,800 Prepaid rent 4,400 2,200 Long-term assets: Land 490,000 490,000 Equipment 798,000 680,000 Accumulated depreciation (430,000) (272,000) Total assets $ 1,151,700 $ 1,200,600 $ Liabilities and Stockholders' Equity: Current liabilities: Accounts payable Interest...
i More Info a. Acquisition of plant assets was $160.000. Of this amount. $ 105,000 was paid in cash and $55,000 was financed by signing a note payable. b. Proceeds from the sale of land totaled $45,000. c. Proceeds from the issuance of common stock totaled $35,000 d. Payment of a long-term note payable was $17,000. e. Payment of dividends was $9,000. f. From the balance sheets: December 31, 2018 2017 Current assets: Cash $ $ Accounts receivable Inventory Prepaid...
Spreadsheet for Statement of Cash Flows Year Ended December 31, 2018 Transaction Analysis Balance Balance 12/31/2017 Panel A Balance Sheet: DEBIT CREDIT 12/31/2018 Cash Accounts Receivable 15,300 4,330 14,600 (500) 33,730 19,800 5,330 16,300 (700) Plant Assets 1,700 Accumulated Depreciation 40,730 Total Assets Accounts Payable 6,700 5,400 Common Stock, no par 5,300 28,130 22,830 4,200 33,730 5,500 Retained Earnings 7,200 40,730 Total Liabilities and Stockholders' Equity Panel B_Statement of Cash Flows: 200 Cash Flows from Operating Activities: Net Income Adjustments...
put together a Spreadsheet for Statement of Cash Flows for the
same problem 16B-45B. Format the spreadsheet as shown in Exhibit
16B-1.
P16B-45B Using a spreadsheet to prepare the statement of cash flows-indirect method The 2018 comparative balance sheet and income statement of Attleboro Group, Inc. follow. Attleboro disposed of a plant asset at book value in 2018. ATTLEBORO GROUP, INC. Income Statement Year Ended December 31, 2018 $441,000 205,400 235,600 $ 76,300 15,300 49,600 Net Sales Revenue Cost of...
need
this ASAP please!
Bridgeport Corp. Comparative Balance Sheets December 31 Assets 2021 Cash $ 129,280 $ 77,440 Accounts receivable 140,480 60,800 Inventory 180,000 Prepaid expenses 45,440 164,560 41,600 174,400 Long-term investments 220,800 Plant assets 456,000 388,000 Accumulated depreciation (80,000) $1,092,000 (83,200 ) $823,600 Total Liabilities and Stockholders' Equity Accounts payable $ 163,200 $ 107,680 Accrued expenses payable 26,400 Bonds payable 176,000 352,000 33,600 233,600 280,000 Common stock Retained earnings 374,400 $1.092.000 Total 168.720 $823,600 Bridgeport Corp. Income Statement Data...
The income statement and additional data of Supplements Plus, Inc. follow: (Click the icon to view the income statement.) i (Click the icon to view the additional data.) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method. Use the transaction references in Panel B when selecting the transaction references in Panel Alf a box is not used in the spreadsheet, leave the box emoty: do not select a label...
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