Create a statement of cashflow for the following information. Company One Company Balance Sheets For the Fiscal
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Company One Company Balance Sheets For the Fiscal Years Ending December 31, Cash Accounts receivable Inventories Current assets Gross fixed assets Less accumulated depreciation Net fixed assets Total assets Notes payable Accounts payable Accruals Current liabilities Long-term debt Common stock Additional paid in capital Retained earnings Total liabilites and equity Sales Cost of goods sold Gross profit Operating expenses Depreciation Operating profit Interest expense Earnings before taxes Taxes Net income 1999 100 200 Dividends paid Addition to Retained earnings 600 1,800 (600) 1,200 1,800 100 200 20 320 500 300 400 280 1,800 2.000 120 160 450 730 2,170 (820) 1,350 2,080 Company One Company Income Statement For the Fiscal Year January 1 through December 31, 80 220 10 310 800 240 340 390 2,080 2000 8,000 6,000 2,000 900 220 880 60 820 410 410 300 110 Company One Company Balance Sheets For the Fiscal Years Ending December 31, Cash Accounts receivable Inventories Current assets Gross fixed assets Less accumulated depreciation Net fixed assets Total assets Notes payable Accounts payable Accruals Current liabilities Long-term debt Common stock Additional paid in capital Retained earnings Total liabilites and equity Sales Cost of goods sold Gross profit Operating expenses Depreciation Operating profit Interest expense Earnings before taxes Taxes Net income 1999 100 200 Dividends paid Addition to Retained earnings 600 1,800 (600) 1,200 1,800 100 200 20 320 500 300 400 280 1,800 2.000 120 160 450 730 2,170 (820) 1,350 2,080 Company One Company Income Statement For the Fiscal Year January 1 through December 31, 80 220 10 310 800 240 340 390 2,080 2000 8,000 6,000 2,000 900 220 880 60 820 410 410 300 110
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NOTE Cash Flow Statement is prepared to know the movement of cash between two points of time Cash fl... View the full answer
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
Posted Date:
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