Reference no: EM131137727
Continuing Cookie Chronicle
Natalie has prepared the balance sheet and income statement of Cookie & Coffee Creations Inc. and would like you to prepare the cash flow statement. The comparative balance sheet of Cookie & Coffee Creations Inc. at October 31, 2018 for the years 2018 and 2017 and the income statement for the year ended October 31, 2018, are presented below.
Additional information:
1. Equipment (cost $4.500 and book value $3,000) was disposed of at the beginning of the year for $500 cash and replaced with new equipment purchased for $4.000 cash.
2. Additional equipment was bought for $14,000 on November 1. 2017. A $12,000 note payable was signed. The terms provide for equal semi-annual installment payments of $2,000 on May 1 and November 1 of each year, plus interest of 5% on the outstanding principal balance.
3. Other equipment was bought for 513,000 cash.
4. Dividends were declared on the preferred and common stock on October 15. 2018, to be paid on November 15, 2018.
5. Accounts payable relate only to merchandise creditors.
6. Prepaid expenses relate only to other operating expenses.
Instructions-
(a) Prepare a statement of cash flows for Cookie & Coffee Creations Inc. for the year ended October 31. 2018, using the indirect method.
Attachment:- Table.rar
Write a paper about multiculturalism in the united states
: Write a paper about Multiculturalism in the United States. Be sure to state which perspective that will be utilized in your paper in the introductory paragraph.
|
How many memory locations can be addressed
: A computer system has a word addressable memory. Each word is 32 bits (4 bytes) wide, and sytem uses 24-bit addressing. How many memory locations can be addressed?
|
The consumers surplus at the equilibrium point
: 1. Given the demand curve D(x) = (x-7)^2 and the supply curve S(x) = x^2 Only consider values in the first quadrant, from x= 0 to 7 Find the following: a) the equilibrium point (as ordered pair) b) the consumers surplus at the equilibrium point c) th..
|
Relationship between the owner and the contractor
: What is your position regarding the following statements?Why? “For a construction project, a negotiated contract is the best contract type that an Owner can select, because with this type of contract, the relationship between the Owner and the Contra..
|
Prepare a statement of cash flows
: Natalie has prepared the balance sheet and income statement of Cookie & Coffee Creations Inc. Prepare a statement of cash flows for Cookie & Coffee Creations Inc. for the year ended October 31. 2018, using the indirect method
|
Independent random samples of size
: With reference to Exercise 4, find the required size of the samples when σ1 = 9, σ2 = 13, δ = 80, δ = 86, α = 0.01, and β = 0.01.
|
Call the assessment liquidated damage or penalty
: As a contactor you built a 100-unit apartment complex that rents for $400/month/unit. For late completion you were assessed $1500/day. Would you call the assessment liquidated damage or a penalty? Why?
|
Do you find evidence of international transmission
: Do you find evidence of international transmission? What seems to be the main channel. Do you find support for the argument discussed in class about the impact of U.S. monetary shocks. Does volatility seem to impact growth?
|
What minimum separation distance would you recommend
: Plot the distribution of vertical stress increase at the edges and at the center of one of the silos up to a depth of 16 m. Assume the soft clay layer is semi-infinite and the concrete slab is flexible. Use a spreadsheet to tabulate and plot your ..
|