can someone show me how to create a cash flow statement with this please
Create a Cashflow statement using the following below:
Jan-Feb
Net Income 57000
Depreciation 20000
Purchased fixed assets paying cash 310000
Received $90,000 cash for issuance of notes payable 90000
Received $120,000 cash for issuance of common stock 120000
Paid $20,000 for purchase of treasury stock 20000
Ending cash balance 50000
Class Start Date Jan-Feb
Assets 2017 2016
Current assets:
Cash 50000 20000
Accounts receivable 75000 85000
Inventory 100000 80000
Long-term assets
Plant assets 430000 120000
Accumulated depreciation 12000 9000
Total Assets 667000 314000
Liabilities
Current liabilities
Accounts payable 32000 20000
Accrued liabilities 86000 15000
Long-term liabilities
Notes payable 90000 0
Total liabilities 208000 35000
Stockholders equity
Common stock 220000 100000
Retained earnings 219000 179000
Treasury stock 20000 0
Total stockholders equity 459000 279000
Total stockholders equity and liabilities667000 314000
can someone show me how to create a cash flow statement with this please Create a...
Create a Cashflow statement using the following below: Jan-Feb Net Income 57000 Depreciation 20000 Purchased fixed assets paying cash 310000 Received $90,000 cash for issuance of notes payable 90000 Received $120,000 cash for issuance of common stock 120000 Paid $20,000 for purchase of treasury stock 20000 Ending cash balance 50000 Class Start Date Jan-Feb Assets 2017 2016 Current assets: Cash 50000 20000 Accounts receivable 75000 85000 Inventory 100000 80000 Long-term assets Plant assets 430000 120000 Accumulated depreciation 12000 9000 Total Assets 667000 314000 Liabilities Current liabilities Accounts payable 32000 20000 Accrued liabilities 86000 15000 Long-term liabilities Notes payable 90000 0 Total liabilities 208000 35000 Stockholders equity Common...
Is "Purchased fixed Assets paying cash" another way of saying "Account Receivable"? Net Income 57000 Depreciation 20000 Accounts Receivable 310000 Received $90,000 cash for issuance of notes payable 90000 Received $120,000 cash for issuance of common stock 120000 Paid $20,000 for purchase of treasury stock 20000 Ending cash balance 50000
Please prepare a cash flow with direct method in 2019. Please show me the for calculate formula(only the part of investmenting and financing activities) like the picture 2showed! Many many thanks! 2019 HO2018 ASSETS $191000 $150000 32000 15000 inc 3000 decrease 130000 16000030000 docresse 2000 decrease crease 160000 incrORS 16000 Incroase Accounts recelvablo 12000 Prepald expenses 6000 8000 180000 80000 100000 160000 (16 000) 863000$ 22000 Total assets LIABILITES AND EQUITY Accounts payable Accrued oxpenses payable Income tax payable Notos...
i need help on my retained earnings and income statement. i have a income tax rate of 20% and my RE ending has to be 361,000. not sure what i am missing on my income statement here are some updated pictures We were unable to transcribe this imageWe were unable to transcribe this imageWe were unable to transcribe this image17000 75000 25000 117000 50000 150000 400000 Liabilities and Shareholders' Equity Current Liabilities: Accounts Payable Income Tax Payable t Payable Current...
Can someone help me and create a cash flow statement for the following Income statement & Balance sheet for years 2007 & 2008? Exhibit 1 INCOME STATEMENTS 2006 $16,200 10,445 $5,755 3,054 396 $2,305 2007 $17,450 11,956 $5,494 3,130 | 720 $1,644 2008 $16,500 11,950 $4,550 3,379 | 756 $415 Net Sales Cost of Goods Sold Gross Profit Selling and Administration Depreciation Operating Income Other Income Interest Income Other Expense Interest Expense Income Before Taxes Income Taxes Net income 21...
Create an Income Statement with this data: There is a 20% tax rate. CR DR 10000 15000 12000 25000 24000 12000 50000 100000 50000 120000 ооооо 200000 250000 50000 3000.00 750.00 25000 30XXXD 10000 15000 6000D 1000DD Cash Accounts Receivable Short-Term Marketable Securities Irwentory Prepaid Rent Prepaid Insurance Long-Term Marketable Securities Land Held for Future Use Debt Service Fund Land in Use Buildings Accumulated Depreciation - Buildings Machinery and Equipment Accumulated Depreciation - Mach and Equip Copper Mine Accumulated Depletion...
Problem 11-2A Cash dividends, treasury stock, and statement of retained earnings LO C3, P2, P3 [The following information applies to the questions displayed below.] Kohler Corporation reports the following components of stockholders' equity on December 31, 2015: Common stock-$10 par value, 100,000 shares authorized, 50,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $ 500,000 80,000 430,000 Total stockholders' equity $1,010,000 In year 2016, the following transactions affected its stockholders' equity accounts. Jan....
Hello, can someone please tell me how I got this wrong? the system keeps telling me the "Accumulated depreciation" amount totals to $62,000 and saying the total is incorrect, as well as the total for "total property, plant, and equipment total" that's $338,00.00 Any feedback on how to solve this will help! Taser Consulting Score: 130/139 Balance Sheet October 31, 2018 Assets Current assets: Cash Accounts receivable $45,000.00 119.200.00 4,400.00 Supplies Total current assets $168,600.00 Property, plant, and equipment: Office...
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...
Problem 13-03A a-c (Video) The stockholders' equity accounts of Castle Corporation on January 1, 2020, were as follows. Preferred stock (8%, $50 par, 10,000 shares authorized) Common Stock ($1 stated value, 2,000,000 shares authorized) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (10,000 common shares) $ 400,000 1,000,000 100,000 1,450,000 1,816,000 50,000 During 2020, the corporation had the following transactions and events pertaining to its stockholders' equity Feb. 1...