Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Use the financial statements to answer below question
Ques : Construct the cash flow statement for the year 2014
Income Statement
2012
2013
2014
Sales Revenues
130,000
150,000
COGS (including Depreciation)
85,800
105,000
Depreciation
20,000
25,000
S&A Expenses
15,000
18,000
Operating Income
29,200
27,000
Interest Expense
12,000
Taxable Income
17,200
Income Tax (40%)
6,880
4,800
Net Income
10,320
7,200
Balance Sheet
2007
2008
2009
Cash & MS
30,000
28,000
Accounts Receivable
40,000
50,000
60,000
Inventories
75,000
80,000
100,000
Net PPE
120,000
140,000
160,000
Total Assets
255,000
300,000
348,000
Liabilities
Accounts Payable
85,000
Short-term Debt
45,000
72,000
LT Debt (8% Bonds)
74,000
Total Liabilities
170,000
206,000
250,000
Shareholders Equity
94,000
98,000
Price per share
$85.00
$77.00
No of shares
10,000
Dividends Paid
1,320
3,200
raintree cosmetic company sells its products to customers on a credit basis. an adjusting entry for bad debt expense is
jackson company adopted dollar value lifo on january12011 for its one inventory pool. the inventorys value on this
Harriet Moore is an accountant for New World Pharmaceuticals.
For this assignment, we are interested in finding out whether participation in a creative writing course results in increased scores of a creativity assessment. For this part of the activity, you will be using the data file "Activity 4a.sav". In ..
diego sold his personal residence to dinah on july 1 2011. he had paid real property taxes on march 1 2011 the due date
the plant manager decides that what is needed is an objective appraisal of what should be done. he hires june collins
in recent years farr company has purchased three machines. because of frequent employee turnover in the accounting
Explain to Nancy why (generally) her check was not for $4,000.
What will your monthly interest rate payments be if the interest rate on your mortgage is 8 percent?
Assume SPI repurchases 10,000 of its common stock at a price of $ 2 per share on April 1, 2015. Also assume that during the quarter ended June 30, 2015, SPI reported Net Income of $ 5,000 and declared and paid cash dividends totaling $ 5,000. Calcula..
macready company is considering introducing a new compact disc player model at a price of 105 per unit. macreadys
If Edsel uses the sales revenue approach for estimating bad debt expense, the income statement should show an expense of??
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd