2009 2010 Cash 16,000 A/c receivable 24,000 15,000 M. inventory 10,000 Furniture 100,000 Building 500,000 750,000 Total 640,000 775,000 A/c Payable 10,000 Salary Payable 30,000 Bank Loan 200,000 250,000 Share capital 300,000 400,000 Retained Earning 100,000 125,000 Liabilities and share holder equity 640,000 775,000 Required Prepare cash flow statement
Q: 2011 30,000 S 2012 28,000 Assets Cash 2$ Marketable Securities 12,000 12,400 Accounts receivable…
A: Hi student Since there are multiple questions, we will answer only first question.
Q: Cash $20,000 $60,000 $160,000 Accounts Receivable Inventory Long-term Assets Accounts Payable Wages…
A: Current Assets - Current Liabilities Cash + Account Receivables + Inventory - Account Payables -…
Q: The following data apply to A.L Kaiser & Company ($ million) : Cash and Equivalents $…
A: b.Calculation of Cash Generated, ROE, ROA and Total Debt/Total Asset Ratio:The cash generated is…
Q: Statement of Financial Position For the Year-ended December 31 2014 2013 Cash 400,000 180,000…
A: Accounting ratios can be referred to as the financial measures which are used to assess the…
Q: SCANDI HOME FURNISHINGS, INC. BALANCE SHEETS 2011 2012 2013 Cash $ 50,000 $ 40,000 $ 10,000 Accounts…
A: The question is based on the concept of calculation of different ratios from financial statement of…
Q: Current Assets Cash Php 25,000 Php 30.000 Marketable Securities 40,000 10,000 Accounts Receivable…
A: Current ratio of an organisation is a measure to calculate the organisation’s ability to pay off its…
Q: LaAnn Sands wants to conduct revenue breakeven analyses of Salza Technology Corporation for 2013.…
A: Statement of cash flows: It is one of the financial statement that shows the cash and cash…
Q: 2014 2013 Cash 442,500 195,000 Accounts Receivable 450,000 462,500 Investments…
A: Prepare statement of cash flows:
Q: 2018 2017 Assets Cash 90,800 48,400 Accounts receivable 92,800 33,000 Inventories…
A: Statement of cash flows is one of the financial statement of the business. It shows all cash inflows…
Q: MARIN COMPANY Comparative Balance Sheets December 31 Assets 2010 2009 $ 41,000 $ 57,000 64,000 Cash…
A: Cash flow statement is a statement which is prepared to find out the cash comes in and goes out , by…
Q: Computing key ratios The financial statements of Valerie’s Natural Foods include the following…
A: a. Current ratio = Total current assets / Total current liabilities = $190,000/$136,000 = 1.40 b.…
Q: Prior Year Current Year Prior Year Current Y $100,000 $120,000 Assets: ods Sold 50,000 60,000 Cash…
A: Current Ratio=current assets/current liability Current Assets=cash+accounts receivable+short term…
Q: Blue Water Prime Fish Balance sheet: $ 41, 200 39,000 $ 20, 800 Cash Accounts receivable (net)…
A: "Since you have posted a question with multiple sub parts, we will solve first three sub parts for…
Q: Particulars 2014 ($) 2013 ($) Increase/Decrease Assets Cash 175,000 15,000 160,000…
A: The balance sheet is a financial statement prepared at the end of an accounting year to show the…
Q: The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal…
A: The ratio analysis helps to analyze the financial statements of the business.
Q: $ 42,000 $ 33,000 Cash and cash equivalents. Accounts recelvable.... 84,000 77,000 Inventory. 95,700…
A: The cash flow statement is prepared to record the cash flow from various activities during the…
Q: Harbinger Corporation reports the following balances: As of 12/31/19 As of 12/31/20 Accounts…
A: Sales: Sales include a number of goods and services sold by the organization during their accounting…
Q: 2018 2017 Cash P 39,000 P 13,000 Accounts Receivable 46,000 61,000 Merchandise Inventory 94,000…
A: Statement of Cash Flows: Statement of Cash Flow is one of the main four financial statements,…
Q: Balance sheet ($ in millions) Income statement (S in millions) Assets 2010 Liabilities and 2010…
A: Note: I am supposed to provide the solution of first three sub parts. Please repost the remaining…
Q: Cash Accounts Receivable Inventory Long-term Assets Accounts Payable Wages Payable Long-term…
A: Working capital helps to know the net liquidity position of the company. It is a difference of…
Q: Débit Credit Cash $25,128 Accounts Receivable 100,513 Inventory 40,000 Prepaid Rent 14,135 Equipment…
A: Balance Sheet is a summary of the financial balances of an organization, whether it be a sole…
Q: KERSENBROCK CORPORATION Balance Sheets December 31 2011 2010 2009 $ 25,000 50,000 90,000 $ 20,000…
A: Debt to asset ratio is a leverage ratio which refers to the percentage of assets that are being…
Q: if you have the following information Sales 250,000 Cost of goods sold 260,000 Gross loss (10000)…
A: Cash flow statement is a statement which is prepared to find out the cash comes in and goes out , by…
Q: Trae debtors -Notes and 230,000 Expenses 70,000 accounts 65,000 Cash sales N/R discounted- Face…
A: Income Statement The purpose of preparing the income statement is to know the net income which was…
Q: Current Year Previous Year Current assets: Cash $418.000 $345.600 Marketable securities 484.000…
A: 1) Working capital is the amount of capital required for the day-to-day running of the business. It…
Q: XYZ Company, Balance Sheet for 12/31/2012 and 12/31/2013. 2012 2013 Cash $15,000 $14,000 Marketable…
A: Cash flow statement is the summary showing cash receipts and payments using indirect or direct…
Q: CASH PAID FOR: Interest on debt $320 Income tax 90 Debt principal reduction Purchase of equipment…
A: Cash flow statement shows the amount of cash and cash equivalents which is entering or leaving a…
Q: A company has the following extract from a statement of financial position. 20X7 20X6 $'000 $'000…
A: Given the following information: Share Capital20X7: $2,000,00020X6: $1,000,000 Share Premium20X7:…
Q: LaAnn Sands wants to conduct revenue breakeven analyses of Salza Technology Corporation for 2013.…
A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…
Q: Given the following Year 9 selected balance sheet data: Assets $136,000 255,000 230,000 $485,000…
A: The debt and equity percentages can be computed by dividing the total liabilities by summation of…
Q: BT21 Co. provided the following data: 2021 2020 Cash P 350,000 840,000 P150,000 Accounts Receivable,…
A: Cash flows from operating activities: It is a section of Statement of cash flow that explains the…
Q: Account for the ye Rs. Rs. Particulars 85,000 Srihari's Capital 14,000 Srihari's Drawings 23,400…
A: Financial statement is prepared from the trial balance which include :- Profit and loss and…
Q: Current Year Previous Year Current assets: Cash $655,500 $520,000 Marketable securities 759,000…
A: Formula: Working capital = Current Assets - Current liabilities.
Q: · Cash on hand – 200,000 · Cash in bank – 108,000 · Notes receivable –…
A: Solution: Current assets are those assets which are convertible into cash in next one year or…
Q: Manufacturing building $ 125,000 Accrued expense 14,000 Common stock $ 1,000 Mortgage payable - due…
A: "Since you have posted a question with multiple sub-parts, we sill solve first three sub-parts for…
Q: Balance Sheet Assets Cash Accounts Receivable Inventory Prepaid Expenses 2020 Income Statement 2020…
A: current ratio reflect the firms ability to manage its short term obligations using the current…
Q: Assets Dec 31, 2021 $117,000 24,000 DCIT. 202 $19,500 Cash Notes Receivable Supplies & Inventory…
A: The Operating and Investing section for the year ended December 31st, 2021 is as below.
Q: Cash $655,500 759,000 Marketable securities Accounts and notes receivable (net) 310,500 Inventories…
A: Working capital is the amount of capital needed for daily operations of the business. This is…
Q: Cash $ 200,490 Sales $ 8,104,080 Debt Investments (trading) (at cost,…
A: 1. Income Statement 2. Balance Sheet The first statement shows the income earned and loss incurred…
Q: if you have the following information Sales 250,000 Cost of goods sold 260,000 Gross loss (10000)…
A: Particulars Amount Net Income…
Q: Grundig Technologies Balance Sheet (As of December 31, 2011) ASSETS 2011 2010 S 69,000 $82,000 $…
A: return on assets indicates that how profitable a company is relative to its total assets, return on…
Q: OG Corporation’s balance sheet and income statement is listed below. Balance Sheet…
A: Lets understand the basics. Working capital is a current assets less current liabilities. It shows…
Step by step
Solved in 2 steps with 1 images
- Use the below information to answer the following questions: 20202021Sales$11,573$12,936Depreciation 1661 1736Cost of goods sold 3979 4707Other Expenses 846 924Interest Expense 776 926Cash 6067 6466Accounts Receivables 8034 9427Short-term Notes Payable 1171 1147Long-term debt 20,320 24,696Net fixed assets 50,888 54,273Accounts Payable 4384 4644Tax rate 26% 34%Inventory 14,283 15,288Payout ratio 33% 30% A. Create the Income Statements for 2020 and 2021 (including dividends paid and retained earnings).2013 2014 Sales$4,500 $4,775 Depreciation7501050COGS24222430Interest180215Cash200400Accts Receivables200300Notes Payable100150Long-term debt29561850Net fixed assets80009200Accounts Payable50100Inventory18001600Dividends225275Tax rate35%35% 1. What is the cash flow from operating activities? 2. What is the cash flow from financing activities? What is the days sales in accounts receivable or the AR period?LiabilitiesOMRAssetsOMRShare capital400,000Land and building280,000Net profit60,000Plant and machinery700,000General reserve80,000Stock400,000Debentures840,000Debtors200,000Creditors200,000Bills receivables20,000Bills payable100,000Cash80,000Total1,680,000Total1,680,000 1>calculate total current liabilites 2>calculate total Current assets
- E10.18 (LO 5), AN Suppose the following financial data were reported by 3M Company for 2021 and 2022 (dollars in millions). 3M CompanyBalance Sheets (partial) 2022 2021 Current assets Cash and cash equivalents $ 3,040 $1,849 Accounts receivable, net 3,250 3,195 Inventories 2,639 3,013 Other current assets 1,866 1,541 Total current assets $10,795 $9,598 Current liabilities $ 4,897 $5,839 Instructions Calculate the current ratio and working capital for 3M for 2021 and 2022. Suppose that at the end of 2022, 3M management used $300 million cash to pay off $300 million of accounts payable. How would its current ratio and working capital have changed?Current Asset 120 000Cash 20 000Accounts Receivable 45 000Short-term investments 12 000Merchandise Inventory 42 000Current Liabilities 68 000 What is the company's current ratio?What is the company's quick ratio?How much is the total net cash flow? O P430.000 O P270.000 O P620.000 O P695,000
- SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…
- SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…