Question: need need help. thank you need help 7. Fxcel Online Structured Activity: Statement of cash flows You hove just been hired as a financial ansiyst
7. Fxcel Online Structured Activity: Statement of cash flows You hove just been hired as a financial ansiyst for Barrington induetries. Unfortunately, camoeny headquaters (where all of the firms records are kept) has been destroyed by fire. 50, your firit job ail te to racreate the firmis cash fow statement for the year just ended. The firm tad 5100,000 in thebenk at the end of the prior year, and is working capital actounts excect cosh remained canssant during the yeac, ft earned $5 millan of mechinery that was needed for a new project. You have juet spoken to the tirm's accountents and learned that arnual depreciscion. ekpense for the year is $450,600, hewever, the purchase price for the machinery represents additians to property, plant, and equipment belore rote. The dota has been collected in the Microsoft Excel Onine file below. Open the spreadshert and perfarm dhe required analysis co arouner the question telow. 7. Fxcel Online Structured Activity: Statement of cash flows You hove just been hired as a financial ansiyst for Barrington induetries. Unfortunately, camoeny headquaters (where all of the firms records are kept) has been destroyed by fire. 50, your firit job ail te to racreate the firmis cash fow statement for the year just ended. The firm tad 5100,000 in thebenk at the end of the prior year, and is working capital actounts excect cosh remained canssant during the yeac, ft earned $5 millan of mechinery that was needed for a new project. You have juet spoken to the tirm's accountents and learned that arnual depreciscion. ekpense for the year is $450,600, hewever, the purchase price for the machinery represents additians to property, plant, and equipment belore rote. The dota has been collected in the Microsoft Excel Onine file below. Open the spreadshert and perfarm dhe required analysis co arouner the question telow
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
