Question: Need to prepare CF Statement using the information from the Balance Sheet and Income statement. Not sure what I am doing wrong. Assets Current Assets
Need to prepare CF Statement using the information from the Balance Sheet and Income statement. Not sure what I am doing wrong.
Assets Current Assets Cash Account Receivables Inventories Other Current Assets Total Current Assets Property 8: Equipment, Gross Accumulated Depreciation Property 82 Equipment, Net Goodwill Otherlntangible Assets Total Assets Liabilities S: Stockholders' Equity Current Liabilities Accounts Payable Current Portion of LongTerm Debt Total Current Liabilities Lo ngTe rm Debt Total Liabilities Stockholders' Equity Common Stock Preferred Stock Retained Earnings Total Liabilities & Stockholders' Equity 2028 13,333 22,000 54,512 13,500 113,255 23,500 13,450 15,010 25,000 13,500 222,305 3,500 2,500 11,500 35,000 50,500 2,250 3,550 155,355 222,305 2022 33,143 25,300 33,401 11,500 104,244 5 13,500 {10,250} 3,210 52,500 15,550 150,504 5 2,240 2,200 5,440 5 33,500 42,540 5 15,500 3,550 124,514 150,504 5 2025 15,525 22,000 22,231 3,550 20,305 5 15,400 {2,420} 2,530 42,500 12,500 133,335 5 5,100 1,500 2,000 5 22,500 25,500 5 15,000 3,050 31,335 133,335 5 2025 2024 2023 {5,405} {2,420} 30 12,550 5,000 5,300 2.221 4,351 3,5 00 5,500 3,500 3,000 15,355 5 5,351 512,330 13,500 3,500 4,500 {5,050} {2,55 0} {1,200} 3,450 5,550 3,300 23,000 20,500 13,300 3,000 5,000 4,100 53,315 540,441 5 33,530 2,500 500 3,050 500 100 3,000 5 1,000 5 3,050 11,200 3,000 12,000 14.200 5 5,000 515,050 12,500 15,500 13,000 2,550 1,050 - 25,555 14,351 5,530 53,315 5 40,441 5 33,530 \fNet Revenues Total Cost of Goods Sold Gross Profit Operating Expense Other Operating Expense Sales, General &Administrative expense Earnings Before Interest, Tax and Depreciation Depreciation Expense Interest Expense Earnings Before Tax Tax Expense @ 21% Netlnoome Common Dividend Preferred Dividend Add to Retained Earnings 2023 2022 2025 2025 2024 2023 142000 123,500 5 113,000 55,400 40,100 13,200 42000 21,500 10,550 3,500 5,250 5,500 105,000 102,000 102,450 45,900 34,350 12,200 3,300 3,200 2,100 1,200 1,500 1,200 2,300 1,100 1,250 1,100 450 350 4,100 3,350 3,225 2,250 2,250 2,200 94,200 93,250 100,325 41,350 30,150 3,950 3,200 2,320 2,320 2,100 1,250 1,200 2,513 2,231 1,525 231 505 250 33,331 33,549 95,930 33,519 22,394 2,000 13,555 13,515 20,355 3,033 5,353 1,420 20,215 20,033 25,525 30,430 22,035 5,530 23 000 22000 24000 15500 12520 0 355 355 305 255 105 0 40,351 42,523 52,220 14,525 3,351 5,530