Question: Current Attempt in Progress Use the following income statement and balance sheet information to put together a statement of cash flower negative amounts using either

 Current Attempt in Progress Use the following income statement and balance
sheet information to put together a statement of cash flower negative amounts

Current Attempt in Progress Use the following income statement and balance sheet information to put together a statement of cash flower negative amounts using either a negative sin preceding the numbers, 45 or parentheses (451) Sales Cost of goods sold Gross profit Gent & admin expense Selling & mkt expense Depreciation Operating income Interest Income before taxes Income taxes (27) 2020 $1.241.000 5687.000 5554000 $156,000 $134.000 $25.000 $239,000 $141.000 $98.000 $26.460 $71.540 Net Income Dividends paid 525.000 Assets 2020 Cash 2019 $53.560 $112.000 $217,000 5343.560 $24.000 $124.000 $201.000 $349.000 $700.000 $313.000 5387.000 5736.000 $475,000 $288.000 5187.000 $530,560 $119.000 5105.000 Accounts receivable Inventory Total current assets Gross plant and equipment Less accum. depreciation Net plant and equipment Total assets Liabilities Accounts payable Notes payable Total current liabilities Long-term debt Total abilities Common stock ($0.01 par Pald.in capital Retained earnings Total stockholders' equity Total liabilities and equity $26.000 $145.000 5245.000 $26.000 5131,000 5151,000 5282.000 5390.000 54,500 $225.500 5116.000 $346.000 54.000 $175.100 569.460 5248,560 5736.000 5530560 States at of Cash Flows 2020 Statement of Cash Flows 2020 ( . o > c 0 02 >

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!