Cash outflows and income statement of a company, Financial Management

Assignment Help:

a. You only need to complete the 2012 column, leave the 2011 column as is.

b. Base you net income and certain other information needed from the income statement you completed in template 21.

c. Remember that cash outflows are entered as negative numbers.

d. During the year, the company did not dispose of any assets and bought a new delivery truck for $32,500.

e. The company paid $2,000 per month in mortgage principle payments.

f.  Selected balance sheet account balances are shown below:

Balance sheet:







6/30/2012

6/30/2011

Taxes Payable


22688

11221

Accounts Receiv.


148777

156234

Wages Payable


10343

9211

Accounts Payable

125900

122010

Prepaid Expenses

2500

2500

Inventory


112400

108090

Cash



???????

14233

 


Related Discussions:- Cash outflows and income statement of a company

Calculate the new interest rate and excel function pv, I want to see the so...

I want to see the solution that was provided in Feb 2013 for Calculate the new interest rate and excel function pv, Financial Accounting

Return enhancement on investment, Return Enhancement can be explained...

Return Enhancement can be explained using following heads: Use of a Valuation Model: An investor having access to a bond valuation model can bu

Define forward exchange rate will be an unbiased predictor, Explain the con...

Explain the conditions under which the forward exchange rate will be an unbiased predictor of the future spot exchange rate. Answer:  the conditions when forward exchange rate

Prevention of risk - method of risk management, Prevention of Risk - Method...

Prevention of Risk - Method of risk management In case of this method, the business avoids risk by taking appropriate steps for prevention of business risk or avoiding loss, su

Explain about the equity claims in the financial security, Explain about th...

Explain about the equity claims in the financial security. Equity classifies claims to shares into the net income and assets of a firm, and they do not contain a maturity date.

Define how the market determine the fair value of a bond, How does the mark...

How does the market determine the fair value of a bond? The bond’s fair value is the present value of the bond's coupon interest payments plus the present value of the face value

Expansion financing, The securing of the working capital needed for the sup...

The securing of the working capital needed for the support of raises in accounts receivable and inventory related with an organizations initial expansion time.

Scope of finance function, SCOPE OF FINANCE FUNCTION In several busine...

SCOPE OF FINANCE FUNCTION In several businesses, based on the complexity and size of financial decision-making, the scope of finance function may be categorized into incidenta

What are the ifrs 8 operating segments, What are the IFRS 8 operating segme...

What are the IFRS 8 operating segments IASB issued IFRS 8 operating segments in November 2006 (which replaced IAS 14). This continues IASB's work in its joint short-term conver

Agency theory, AGENCY THEORY An agency relationship may be defined as a...

AGENCY THEORY An agency relationship may be defined as a contract under which one or more people (the principals) hire another person (the agent) to perform some services on th

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd