Question: Question: Prepare the statement of cash flow using direct or indirect method. Sales Cost of Goods Sold Gross Profit Koala Tea Projected Income Statement 2023;
Question: Prepare the statement of cash flow using direct or indirect method.
Sales Cost of Goods Sold Gross Profit Koala Tea Projected Income Statement 2023; 2024; 2025 2023 2024 P3,979,920 (P1,284,000) P2,695,920 P 4,849,824 (P1,824,000) P 3,025,824 2025 P 5326608 (P1,944,000) P 3,382,608 Operating Expenses: Rent Expense Salaries Expense (P180,000) (P 240,000) (P300,000) (P306,000) (P 309,600) (P313,200) Utilities Expense (P42,000) (P 60,000) (P78,000) Employee-benefits Expense (P35,500) (P 37,800) (P40,000) Advertising Expense (P1,500) (P 1,500) (P2,000) Operating Income Depreciation Expense Income Taxes P565,000 P648,900.00 P733,200.00 -P35,000.00 -P35,000.00 -P35,000.00 -P71,250.00 -P92,225.00 (P113, 300) Net Income P458,750 P521,675 P584,900
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