Using the Blazer Corporation information and financial statements created in unit 2, create a cash flow statement for 2018. Then answer the following questions about the statement and the corporation.

1. What items provided used the most cash during 2018?

2. What decisions by management possibly led to the change in cash position during the year? Present the cumulative answer, not the cash result of each individual decision.

3. What would the 2018 ending cash have been if the following management decisions were made? Present the cumulative answer, not the cash result of each individual decision:

a.The company ran a series of sales that increased sales income by $2,000. The cost of goods sold was 35%of those new sales and was paid for in cash. The company collected 70% of the increased sales in cash.

Show the complete cash flow statement that is produced and the analysis of the management's decisions.

b.The company slowed down payment of its accounts payable, retaining $950 in cash.

c. The company cashed in $725 of its short-term investments

Answer rating: 100% (QA)

Question QUESTION The following is an example of the statement of cash flows for the Blazer Corporation for the year 2018 Tasks that are associated with operation a profit after tax of 22000 The follo... View the full answer