Please help me create an
indirect statement of cash flows using this income statement and
balance sheet. Thank you.
Please help me create an indirect statement of cash flows using this income statement and balance...
Prepare a forecasted statement of cash flows for 2017
using the indirect method. Assume the following:
• Operating expenses for 2017 (such as general and
administrative) include depreciation and amortization expense of
$522 million.
• The company did not dispose of or write-down any long-term
assets during the year.
• The company paid dividends of $159 million in 2017
P11-47. Statement of Cash Flows (Indirect Method) Following are the income statement and balance sheet for Whole Foods Market Inc., for...
P1-34A Preparing the statement of cash flows-indirect method with non-cash transactions The 2016 income statement and comparative balance sheet of McKnight, Inc. follow: MCKNIGHT, INC. Income Statement Year Ended December 31, 2016 $ 441,000 Sales Revenue 202,200 Cost of Goods Sold 238,800 Gross Profit Operating Expenses: $ 76,400 Salaries Expense 14,200 Depreciation Expense-Plant Assets 10,500 Other Operating Expenses 101,100 Total Operating Expenses 137,700 Operating Income Other Revenues and (Expenses): 8,800 Interest Revenue (21,600) Interest Expense (12,800) Total Other Revenues and...
Create a Spreadsheet for Statement of Cash Flows for the
below
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 Goods Sold Gross Profit Operating Expenses: Salaries Expense Depreciation Expense Other Operating Expenses Total Operating Expenses Operating Income Other Income and (Expenses): Interest Revenue Interest Expense Total Other Income and (Expenses) Net Income Before Income Taxes Income Tax Expense Net Income 141,200 94,400 11,500 (24,400) (12,900) 81,500...
Using the income statement and balance sheets shown
above, create an appropriate cash flow statement including the
required disclosures. Thank you.
(Dollars in Millions) 2017 2016 $1,074 3,795 378 5,247 8,103 224 $13, 574 $707 4,038 331 5,076 8, 308 222 $13, 606 $1,507 1,200 24 112 $1,251 1,180 26 130 Assets Current assets: Cash and cash equivalents Merchandise inventories Prepaid expenses Total current assets Property and equipment, net Other assets Total assets Liabilities and Shareholders Equity Current liabilities: Accounts...
Using the income statement and balance sheets shown above, create an appropriate cash flow statement including the required disclosures. Thank you. (Dollars in Millions) 2017 2016 Assets Current assets: Cagh and cash equivalents Merchandise inventories Prepaid expenses Total current assets Property and equipment, net Other assets Total assets $1,074 3,795 378 5,247 8,103 224 $13, 574 $707 4,038 331 5,076 8, 308 222 $13, 606 $1,507 1,200 24 112 $1,251 1,180 26 130 134 127 All current portion paid Liabilities...
Operating Section of Statement of Cash Flows (Indirect Method) Following are the income statement and balance sheet for Nike Inc. for the year ended May 31, 2019, and a forecasted income statement and balance sheet for 2020. Nike Inc. Income Statement For Year Ended May 31 $ millions 2019 actual 2020 Est. Revenues $ 39,117 $ 42,246 Cost of sales 21,643 23,362 Gross profit 17,474 18,884 Demand creation expense 3,753 4,056 Operating overhead expense 8,949 9,674 Total selling and administrative...
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, 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 Goods Sold Gross Profit Operating Expenses: Salaries Expense Depreciation Expense Other Operating Expenses Total Operating Expenses Operating Income Other Income and (Expenses):...
Analyzing, Forecasting, and Interpreting Income Statement and Balance Sheet Following are the income statement and balance sheet of Whole Foods Market, Inc. Income Statement, For Years Ended (in $ 000s) 2010 2009 Sales $ 9,005,794 $ 8,031,620 Cost of goods sold and occupancy costs 5,870,393 5,277,310 Gross profit 3,135,401 2,754,310 Direct store expenses 2,375,716 2,145,809 General administrative expenses 272,449 243,749 Pre-opening expenses 38,044 49,218 Relocation, store closures and lease termination costs 11,217 31,185 Operating income 437,975 284,349 Interest expense (33,048)...
Create Statement of Cash Flows for 2xx2 Do CASH FLOW Statement Class Company, Inc. SS Assets: Current Assets: Cash Accounts Receivable Prepaid Expenses Other Current Assets Total Current Assets: Balance Sheet as of 12/31/2xxl 12/31/2xx2 Ss 440,000 892,100 322,000 402,000 30,000 52,000 15,000 26.000 807,000 1,372,100 Plant Property & Equipment Accumulated Depreciation Net Plant Property & Equipment 1,000,000 410,000 590,000 1,300,000 470,000 830,000 Amortization here Other Non-Current Assets: Intangibles Deferred Loan Placement Costs Other Non-Current assets Total Other Non-Current Assets...
Help me with the cash flow statement using the indirect method
please.
2016 IKIBAN INC. Comparative Balance Sheets June 30, 2017 and 2016 2017 Assets Cash $ 87,500 Accounts receivable, net 65,000 Inventory 63,800 Prepaid expenses 4,400 Total current assets 220,700 Equipment 124,000 Accum. depreciation-Equipment (27.000) Total assets $317,700 Liabilities and Equity Accounts payable $ 25,000 Wages payable 6,000 Income taxes payable 3,400 Total current liabilities 34,400 Notes payable (long term) 30,000 Total liabilities 64,400 Equity Common stock, $5 par...