Question: Question 16 0 / 5 points Using the data in the tables below, compute Net Cash Flow from Operating Activities for Auburn Tangerine, Inc. for



Question 16 0 / 5 points Using the data in the tables below, compute Net Cash Flow from Operating Activities for Auburn Tangerine, Inc. for Year 2: Auburn Tangerine, Incorporated Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Cash Accounts receivable Inventory Total current assets Gross fixed assets* (Accumulated depreciation) Net fixed assets Land Total assets Year 1 16,200 97,200 153,900 267,300 631,800 (121,500) 510,300 32,400 810,000 Year 2 17,600 96,800 176,000 290,400 686,400 (132,000) 554,400 35,200 880,000 Notes payable Accounts payable Accruals Current portion of LT Debt Total current liabilities Long-term debt Common stock Paid in capital Retained earnings Total liabilities and equity 24,300 72,900 8,100 56,700 162,000 178,200 145,800 40,500 283,500 810,000 17,600 70,400 26,400 70,400 184,800 184,800 158,400 44,000 308,000 880,000 Additional Data from Company Income Statement(s); Sales in Year 2 = 1,725,000 Net income in Year 2 = 32,730 Question 19 0/5 points Using the data in the tables below, compute Net Cash Flow from Financing Activities for Purple Scape, Inc. for Year 2: Purple Scape, Incorporated Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Cash Accounts receivable Inventory Total current assets Net fixed assets* Total assets Year 1 4,680 28,080 44,460 77,220 156,780 234,000 Year 2 5,060 27.830 50,600 83,490 169,510 253,000 Notes payable Accounts payable Accruals Total current liabilities Long-term debt Common stock Capital surplus Retained earnings Total liabilities and equity 7,020 21,060 2,340 30,420 56,160 49,140 11.700 86,580 234,000 5,060 20.240 7,590 32,890 53,130 58,190 15.180 93.610 253,000 Additional Data from Company Income Statement(s); Sales in Year 2 = 551,000 Net income in Year 2 = 10,790 Depreciation expense in Year 1 = 18,840 Depreciation expense in Year 2 = 22,060 Record your answer as a dollar amount with no decimal places, but do not record a dollar sign or any commas. For example, record $10,280.38 as 10280. If your answer is a negative amount, put a hyphen before the number with no space between the number and the hyphen. For example, record negative 38 as -38. Answer: X (3,780) Question 20 0/5 points Using the data in the tables below, compute Net Cash Flow from Financing Activities for Crimson Penguin, Inc. for Year 2: Crimson Penguin , Incorporated Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Cash Accounts receivable Inventory Total current assets Gross fixed assets* (Accumulated depreciation) Net fixed assets Total assets Year 1 19,300 30.880 200,720 250,900 193,000 (57,900) 135,100 386.000 Year 2 16,080 20,100 229.140 265,320 205,020 (68,340) 136,680 402,000 Notes payable Accounts payable Accruals Total current liabilities Long-term debt Common stock Capital surplus Retained earnings Total liabilities and equity 30,880 69,480 7,720 108,080 54,040 11,580 115,800 96,500 386,000 40,200 76,380 12,060 128,640 28,140 20.100 124,620 100,500 402,000 Additional Data from Company Income Statement(s); Sales in Year 2 = 771,000 Net income in Year 2 = 6,580 Record your answer as a dollar amount with no decimal places, but do not record a dollar sign or any commas. For example, record $10,280.38 as 10280. If your answer is a negative amount, put a hyphen before the number with no space between the number and the hyphen. For example, record negative 38 as -38
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