Question: Please help with preparing the full indirect statement of cash flows and then only the operating section for the direct methond Additional information GPM 0.367600

 Please help with preparing the full indirect statement of cash flows
Please help with preparing the full indirect statement of cash flows and then only the operating section for the direct methond

Additional information GPM 0.367600 RoE 0.077324 Ros 0.066406 Problem #1 - JTT Inc. (82) C ck a) Inventory purchases during the year were $340000 SGA expenses settled in cash during the year were $ 103,000.0 B) Equipment that had been 60% depreciated was sold for $82000. land that had been purchase eight years was sold for $10000. Y) Simple interest accrued on the note payable at 420 bps (4.2 %) and was paid at the end of the year. 5) Dividends declared were paid during the year. ) On Dec 31, 2021 the company retired a Note Payable by issuing common stock. .) A building was acquired by issuing common stock. 1) Depreciation was allocated 60% to to COGS and 40% to SGA n) JTT used a blended rate of 0.025 to determine expected credit losses on AR. Writeoffs during the year came to $5600.0, and AR collections were $ 473,000.0 1) JTT paid income taxes at a combined 22.8% rate. Balance Sheet('000 omitted) Cash Accounts Receivable (AR) (AFDA) Inventory Building & Equipment Accumulated Depreciation (A/D) Land Total Assets 2021 2020 46,000.0 51,400.0 52410 562 (750.0) 107,000.0 52,000.0 283,050.0 343,050.0 (36,000.0) (56,000.0) 30,000.0 80,000.0 587,502.9 Sre 40 494 300 48,500.0 34,500.0 9,000.0 7,000.0 56,000.0 68,000.0 74,000.0 400,002. 9 382,800.0 587,502.9 Accounts Payable (AP) Accrued Expenses Notes Payable (Noncurrent) Common Stock Retained Earnings Total Land S/H Equity from duid fy 2021 Income Statement ('000 omitted) Revenues COGS Gross Profit SGA Bad Debt Expense Operating income Gain (Loss) on Sale of PPE Interest Expense Pretax NI Tax Expense Net Income Prepare a complete SoCF using the indirect method, and prepare the operating section only of the SoCF using the direct method. Additional information GPM 0.367600 RoE 0.077324 Ros 0.066406 Problem #1 - JTT Inc. (82) C ck a) Inventory purchases during the year were $340000 SGA expenses settled in cash during the year were $ 103,000.0 B) Equipment that had been 60% depreciated was sold for $82000. land that had been purchase eight years was sold for $10000. Y) Simple interest accrued on the note payable at 420 bps (4.2 %) and was paid at the end of the year. 5) Dividends declared were paid during the year. ) On Dec 31, 2021 the company retired a Note Payable by issuing common stock. .) A building was acquired by issuing common stock. 1) Depreciation was allocated 60% to to COGS and 40% to SGA n) JTT used a blended rate of 0.025 to determine expected credit losses on AR. Writeoffs during the year came to $5600.0, and AR collections were $ 473,000.0 1) JTT paid income taxes at a combined 22.8% rate. Balance Sheet('000 omitted) Cash Accounts Receivable (AR) (AFDA) Inventory Building & Equipment Accumulated Depreciation (A/D) Land Total Assets 2021 2020 46,000.0 51,400.0 52410 562 (750.0) 107,000.0 52,000.0 283,050.0 343,050.0 (36,000.0) (56,000.0) 30,000.0 80,000.0 587,502.9 Sre 40 494 300 48,500.0 34,500.0 9,000.0 7,000.0 56,000.0 68,000.0 74,000.0 400,002. 9 382,800.0 587,502.9 Accounts Payable (AP) Accrued Expenses Notes Payable (Noncurrent) Common Stock Retained Earnings Total Land S/H Equity from duid fy 2021 Income Statement ('000 omitted) Revenues COGS Gross Profit SGA Bad Debt Expense Operating income Gain (Loss) on Sale of PPE Interest Expense Pretax NI Tax Expense Net Income Prepare a complete SoCF using the indirect method, and prepare the operating section only of the SoCF using the direct method

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