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this is a cashflow statwment problem. i do understand the cash from operating activities part, but the investing and fi...
Cashflow Example 2 The following financial financial statements are available for Peacock, Inc. on December 31,...
Cashflow Example 2 The following financial financial statements are available for Peacock, Inc. on December 31, 2012. Peacock, Inc. Comparative Balance Sheets As of December 31, 2011 and 2012 Comparative Balance Sheets Assets: Cash AR Inventory Prepaid expense Total current assets 12/31/2011 98,000 240,000 320,000 12/31/2012 158,000 215,000 358,000 12,500 743,500 Change 60,000 (25,000) 38,000 (4,300) 16,800 674,800 Land Property, plant and equipment Accumulated Depn Total Assets 310,000 450,000 (180,000) 1,254,800 250,000 830,000 (200,000) 1,623,500 Liabilities and Shareholders Equity: Accounts...
Statement of cash flow / indirect method Ilt: Statement of Cash Flows (48 points) following financial...
Statement of cash flow / indirect method
Ilt: Statement of Cash Flows (48 points) following financial statements are available for Mavis Co. on December 31, 2017 Mavis Co. Comparative Balance Sheets As of December 31, 2017 and 2016 12/31/2017 $6,000 Cash Accounts Receivable Inventory Prepaid Rent Land Equipment Less: Accumulated Depreciation-Equip. Total Assets 61,800 40,300 12/31/2016 $6,900 50,900 60,600 5,100 3,900 35,200 205,500 -39,800 $314,100 17,900 181,700 -24,800 $297,100 Accounts Payable Income Taxes Payable Wages Payable LT Notes Payable Common...
STATEMENT OF CASH FLOWS FOR 2017 Cash Flow from Operating Activities Cash Flow from Investing Activities...
STATEMENT OF CASH FLOWS FOR 2017
Cash Flow from Operating Activities
Cash Flow from Investing Activities
Cash Flow from Financing Activities
Net
Increase in Cash
Beginning
Cash Balance
Ending Cash
Balance
Selected financial statement information and additional data for Stanislaus Co. is presented below 2017 $64,200 143,800 Cash Accounts receivable (net) Inventory Land Equipment TOTAL 2016 $41,610 85,190 168,040 55,130 508,180 $858,150 203,770 18,620 791,360 $1,221,750 $81,340 $113,560 Accumulated depreciation Accounts payable Notes payable - short-term 85,250 50,590 66,800 29,460...
I only need help with part B. Cash Flow From Operating Expenses, thank you! Statement of...
I only need help with part B. Cash Flow
From Operating Expenses, thank you!
Statement of Cash Flows (Direct Method) The Wolff Company's income statement and comparative balance sheets at December 31 of 2013 and 2012 are shown below: WOLFF COMPANY Income Statement For the Year Ended December 31, 2013 Sales Revenue $825,500 Cost of Goods Sold $559,000 Wages Expense 111,800 Insurance Expense 10,400 Depreciation Expense 22,100 Interest Expense 11,700 Income Tax Expense 37,700 752,700 Net Income $72,800 WOLFF COMPANY...
i need statement of cash flows please Problem 2: (30 pts) Based on the following information,...
i need statement of cash flows please
Problem 2: (30 pts) Based on the following information, prepare the statement of cash flows using the indirect method. Smo Company Balance Sheet 2010 2009 Change Current assets: Cash Accounts receivable Inventory Interest Receivable Prepaid expenses Long-term assets Plant & equipment (net) Land $14,200 28,600 83,600 1,900 2,500 $5,300 26,900 87,200 700 1,900 $8,900 1,700 (3,600) 1,200 600 53,500 89.000 49,400 60,000 4,100 29,000 Total Assets 273,300 231,400 Current liabilities: Accounts payable Interest...
Complete the statement one section at a time, beginning with the cash flows from operating activities....
Complete the statement one section at a time, beginning with
the cash flows from operating activities.
Grand Tree, Inc.
Statement of Cash Flows
Year Ended December 31, 2018
Grand Tree, Inc. Income Statement Year Ended December 31, 2018 Net Sales Revenue $ 442,000 Cost of Goods Sold 210,200 Gross Profit 231,800 Operating Expenses Salaries Expense 78,400 Depreciation Expense-Plant Assets 14,700 Other Operating Expenses 11,000 104,100 Total Operating Expenses Operating Income 127.700 Other Income and (Expenses): Interest Revenue 8,300 Interest Expense...
We need use the data to prepare cash flows from operating activities section of the statement...
We need use the data to prepare cash flows from operating
activities section of the statement of cash flows using the
indirect method and develop cash flow
CASH FLOWS FROM OPERATING ACTIVITIES- INDIRECT METHOD PROBLEM DATA DEMONSTRATION COMPANY Comparative Balance Sheet Accounts December 31, 2005 2004 $30,000 $39,000 15,000 10,000 20,000 18,000 s.e Change Ce Current assets Accounts receivable Prepaid rent Inventory Current liabilities 18,000 12,000 Accounts payable Interest payable Taxes payable 6,000 2,000 3,000 S,000 DEMONSTRATION COMPANY Income Statement...
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...
For the Year Ended December 31, 2020 Cash Flows from Operating Activities Adjustments to reconcile net...
For the Year Ended December 31, 2020 Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities: Net cash flow from operating activities Cash Flows from Investing Activities Net cash flow from investing activities Cash Flows from Financing Activities Net cash flow from financing activities Cash at the beginning of the period Cash at the end of the period The income statement, balance sheets, and additional information for Great Adventures, Inc., are provided...
Problem 5 Cash flow from operations activities-indirect method An analysis of the 2010 financial statements of Portside...
Problem 5 Cash flow from operations activities-indirect method An analysis of the 2010 financial statements of Portside Provisions reveals the following: (a) Accounts payable to suppliers of merchandise decreased by $65,000 during 2010 (b) Dividends of $135,000 were declared in November 2010, to be paid in January 2011 (c) Dividends of $120,000, declared in November 2009, were paid in January 2010 (d) Inventory levels increased by $91,000 during 2010. (e) Depreciation expense for 2010 amounted to $53,000 (f) Land, which...
Cashflow Example 2 The following financial financial statements are available for Peacock, Inc. on December 31, 2012. Peacock, Inc. Comparative Balance Sheets As of December 31, 2011 and 2012 Comparative Balance Sheets Assets: Cash AR Inventory Prepaid expense Total current assets 12/31/2011 98,000 240,000 320,000 12/31/2012 158,000 215,000 358,000 12,500 743,500 Change 60,000 (25,000) 38,000 (4,300) 16,800 674,800 Land Property, plant and equipment Accumulated Depn Total Assets 310,000 450,000 (180,000) 1,254,800 250,000 830,000 (200,000) 1,623,500 Liabilities and Shareholders Equity: Accounts...
Statement of cash flow / indirect method
Ilt: Statement of Cash Flows (48 points) following financial statements are available for Mavis Co. on December 31, 2017 Mavis Co. Comparative Balance Sheets As of December 31, 2017 and 2016 12/31/2017 $6,000 Cash Accounts Receivable Inventory Prepaid Rent Land Equipment Less: Accumulated Depreciation-Equip. Total Assets 61,800 40,300 12/31/2016 $6,900 50,900 60,600 5,100 3,900 35,200 205,500 -39,800 $314,100 17,900 181,700 -24,800 $297,100 Accounts Payable Income Taxes Payable Wages Payable LT Notes Payable Common...
STATEMENT OF CASH FLOWS FOR 2017
Cash Flow from Operating Activities
Cash Flow from Investing Activities
Cash Flow from Financing Activities
Net
Increase in Cash
Beginning
Cash Balance
Ending Cash
Balance
Selected financial statement information and additional data for Stanislaus Co. is presented below 2017 $64,200 143,800 Cash Accounts receivable (net) Inventory Land Equipment TOTAL 2016 $41,610 85,190 168,040 55,130 508,180 $858,150 203,770 18,620 791,360 $1,221,750 $81,340 $113,560 Accumulated depreciation Accounts payable Notes payable - short-term 85,250 50,590 66,800 29,460...
I only need help with part B. Cash Flow
From Operating Expenses, thank you!
Statement of Cash Flows (Direct Method) The Wolff Company's income statement and comparative balance sheets at December 31 of 2013 and 2012 are shown below: WOLFF COMPANY Income Statement For the Year Ended December 31, 2013 Sales Revenue $825,500 Cost of Goods Sold $559,000 Wages Expense 111,800 Insurance Expense 10,400 Depreciation Expense 22,100 Interest Expense 11,700 Income Tax Expense 37,700 752,700 Net Income $72,800 WOLFF COMPANY...
i need statement of cash flows please
Problem 2: (30 pts) Based on the following information, prepare the statement of cash flows using the indirect method. Smo Company Balance Sheet 2010 2009 Change Current assets: Cash Accounts receivable Inventory Interest Receivable Prepaid expenses Long-term assets Plant & equipment (net) Land $14,200 28,600 83,600 1,900 2,500 $5,300 26,900 87,200 700 1,900 $8,900 1,700 (3,600) 1,200 600 53,500 89.000 49,400 60,000 4,100 29,000 Total Assets 273,300 231,400 Current liabilities: Accounts payable Interest...
Complete the statement one section at a time, beginning with
the cash flows from operating activities.
Grand Tree, Inc.
Statement of Cash Flows
Year Ended December 31, 2018
Grand Tree, Inc. Income Statement Year Ended December 31, 2018 Net Sales Revenue $ 442,000 Cost of Goods Sold 210,200 Gross Profit 231,800 Operating Expenses Salaries Expense 78,400 Depreciation Expense-Plant Assets 14,700 Other Operating Expenses 11,000 104,100 Total Operating Expenses Operating Income 127.700 Other Income and (Expenses): Interest Revenue 8,300 Interest Expense...
We need use the data to prepare cash flows from operating
activities section of the statement of cash flows using the
indirect method and develop cash flow
CASH FLOWS FROM OPERATING ACTIVITIES- INDIRECT METHOD PROBLEM DATA DEMONSTRATION COMPANY Comparative Balance Sheet Accounts December 31, 2005 2004 $30,000 $39,000 15,000 10,000 20,000 18,000 s.e Change Ce Current assets Accounts receivable Prepaid rent Inventory Current liabilities 18,000 12,000 Accounts payable Interest payable Taxes payable 6,000 2,000 3,000 S,000 DEMONSTRATION COMPANY Income Statement...
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...
For the Year Ended December 31, 2020 Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities: Net cash flow from operating activities Cash Flows from Investing Activities Net cash flow from investing activities Cash Flows from Financing Activities Net cash flow from financing activities Cash at the beginning of the period Cash at the end of the period The income statement, balance sheets, and additional information for Great Adventures, Inc., are provided...
Problem 5 Cash flow from operations activities-indirect method An analysis of the 2010 financial statements of Portside Provisions reveals the following: (a) Accounts payable to suppliers of merchandise decreased by $65,000 during 2010 (b) Dividends of $135,000 were declared in November 2010, to be paid in January 2011 (c) Dividends of $120,000, declared in November 2009, were paid in January 2010 (d) Inventory levels increased by $91,000 during 2010. (e) Depreciation expense for 2010 amounted to $53,000 (f) Land, which...
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