Question: Preparing the Financial Statements Listed below are items reported on the financial statements of the Manhattan Company as of June 30, 2013: Cash flow provided
Preparing the Financial Statements Listed below are items reported on the financial statements of the Manhattan Company as of June 30, 2013: Cash flow provided by operating activities $100,800 Cash at June 30, 2012 43,200 Cash at June 30, 2013 76,800 Inventory 26,400 Accounts receivable 58,560 Cash flow from investing activities (73,440) Other current assets 7,200 Property, plant and equipment 192,000 Other long-term assets 84,000 Cash flow from financing activities 6,240 Current liabilities 105,600 Long-term liabilities 87,600 Intangible assets 45,600 Common stock Retained earnings 244,800 ? Required Prepare a classified balance sheet as of June 30, 2013, and statement of cash flows for 2013. NOTE: Use negative signs with your answers if shown in the above table as a negative number. Balance Sheet Statement of Cash Flows Assets Current Assets: Inventory Total Current Assets Long-term Assets: Intangible Assets $ MANHATTAN COMPANY Balance Sheet June 30,2013 Liabilities & Stockholders' Equity Liabilities: Long-term Liabilities Total Liabilities Stockholders' Equity Total Stockholders' Equity $ Total Long-term Assets Total Assets $ Total Liabilities and Stockholders' Equity $ Common Stock Other Long-Term Assets Retained Earnings Accounts Receivable Cash Current Liabilities Intangible Assets Inventory Long-Term Liabilities Other Current Assets Property, Plant and Equipment Balance Sheet Statement of Cash Flows MANHATTAN COMPANY Statement of Cash Flows For the Year Ended June 30, 2013 Cash Flow from Financing Activities Cash, Beginning of Year $ $ Cash Flow from Operating Activities Cash Flow from Investing Activities Cash Flow from Financing Activities Cash, Beginning of Year Cash, End of Year Increase in Cash Decrease in Cash
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