Question: Need Cash Flow Statement in Indirect method using the following Balance sheet and Income statement. Take previous years numbers as 0 INCOME STATEMENT FOR THE
Need Cash Flow Statement in Indirect method using the following Balance sheet and Income statement. Take previous years numbers as 0

INCOME STATEMENT FOR THE YEAR ENDED 31-8-2004 BALANCE SHEET AS OF 31-8-2004 Assets CURRENT ASSETS Revenue 47000 CASH 6600 4200 0 Office supplies Accounts Receivabe Prepaid rent 47000 40700 6300 7000 6000 1500 TOTAL CURRENT ASSETS 223001 COGS Gross Profit (Rev - COGS) OPEX EBIDTA (GP - OPEX) Dep & Ammortization EBIT (EBIDTA - D&A) Interest Expense EBT (Earnings Before Taxes) Taxes Net Income (EBT - Taxes) 4800 200 4600 38000 NON-CURRENT ASSETS Equipment and software, at Cost Less acculmulated depreciation Total Non-current Assets 0 - 1500 4600 36500 60300 TOTAL ASSETS Liabilities CURRENT LIABILITIES ACCOUNTS PAYABLE Int payable on Loan payable TOTAL CURRENT LIABILITIES 5500 200 5700 NON-CURRENT LIABILITIES BANK LOAN 20000 20000 30000 TOTAL NON-CURRENT LIABILITIES STOCK HOLDERS EQUITY COMMON STOCK - Marias Equity RETAINED EARNINGS TOTAL STOCK HOLDERS EQUITY TOTAL LIABILITIES & STOCKHOLDERS EQUITY 4600 34600 60300
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
