Write a program to generate a Statement of Cash Flows yourself. It isn't as hard as you might think. First set up the Income Statement and two Balance Sheets on the spreadsheet just as they appear in Problem 27. Let the amounts in individual accounts such as cash, A/R, revenue, COGS, interest, and tax be input items, and let the program calculate all the totals and subtotals such as current assets, total assets, gross margin and net income.
In Problem 27
At the close of 20X3, the financial statements of Northern Manufacturing were as follows.
In addition, Northern paid dividends of $1.2M and sold new stock valued at $1.0M during 20X3. Use the CASHFLO program to produce Northern's statement of cash flows for 20X3.

  • CreatedMay 14, 2015
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