Create a statement of cash flow for the current year using Wright Co's income statement and...

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Create a statement of cash flow for the current year using Wright Co's income statement and balance sheet. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Income Statement: Revenue Current Year 5,467.00 Cost of Goods Sold 2,350.81 Gross Margin 3,116.19 SG&A 533.00 EBITDA 2,583.19 Depreciation Expense 521.00 EBIT 2,062.19 Interest Expense 157.35 EBT 1,905 Taxes 666.69 Net Income 1,238.15 Dividends 410 Addition to Retained 828.15 Earnings Balance Sheet: Assets Prior Year Current Year Cash 800 ???? Accounts Receivables 400 401.00 Inventory 300 326.00 Total Current Assets 1,500 ???? Net Fixed Assets 5,000 5,278.00 Total Asset 6,500 ???? Liabilities and Equity Prior Year Current Year Accounts Payable 300 333.00 Notes Payable 1,000 910.00 Total Current Liabilities 1,300 1,243.00 Long-Term Debt 2,000 2,237.00 Total Liabilities 3,300 ???? Common Stock and 2,200 2,200 Paid-in Capital Retained Earnings 1,000 1,828.15 Total Equity 3,200 Total Liabilities & Equity 6,500 ???? ???? Use SinCo's Income Statement and Balance Sheet to create a Statement of Cash Flows for the current year. What is Wright's Change in Working Capital What is Wright's Cash Flow from Operations What is Wright's Cash Flow from Investments What is Wright's Provide by Financing Actives What is Wright's Net change in cash What is Wright's Ending Cash Balance Create a statement of cash flow for the current year using Wright Co's income statement and balance sheet. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Income Statement: Revenue Current Year 5,467.00 Cost of Goods Sold 2,350.81 Gross Margin 3,116.19 SG&A 533.00 EBITDA 2,583.19 Depreciation Expense 521.00 EBIT 2,062.19 Interest Expense 157.35 EBT 1,905 Taxes 666.69 Net Income 1,238.15 Dividends 410 Addition to Retained 828.15 Earnings Balance Sheet: Assets Prior Year Current Year Cash 800 ???? Accounts Receivables 400 401.00 Inventory 300 326.00 Total Current Assets 1,500 ???? Net Fixed Assets 5,000 5,278.00 Total Asset 6,500 ???? Liabilities and Equity Prior Year Current Year Accounts Payable 300 333.00 Notes Payable 1,000 910.00 Total Current Liabilities 1,300 1,243.00 Long-Term Debt 2,000 2,237.00 Total Liabilities 3,300 ???? Common Stock and 2,200 2,200 Paid-in Capital Retained Earnings 1,000 1,828.15 Total Equity 3,200 Total Liabilities & Equity 6,500 ???? ???? Use SinCo's Income Statement and Balance Sheet to create a Statement of Cash Flows for the current year. What is Wright's Change in Working Capital What is Wright's Cash Flow from Operations What is Wright's Cash Flow from Investments What is Wright's Provide by Financing Actives What is Wright's Net change in cash What is Wright's Ending Cash Balance

Answer rating: 100% (QA)

To create a Statement of Cash Flows for Wright Co we need to analyze the changes in its balance shee... View the full answer