You have been asked to develop a pro forma statement of cash flow for West Office Plaza. The information given to you is listedbelow.Property Information:WEST OFFICE PLAZARentable AreaAgeNumber of StoriesNumber of Tenants312,000 square feet8 years1540Financial Information:Base Rent AverageOther Income/Parking/StorageExpenses Recoverable from TenantsCurrent Vacancy$ 20 per square feet$ 2.10 per square feet$ 3.10 per square feet5%Expenses:Management/Administration/Security/OwnershipProperty TaxesInsuranceGeneral Operations/Leasing Expense/MarketingUtilitiesJanitorial/cleaningBusiness TaxesOther:Recurring CAPEX/Improvement Allowance$ 696,206$ 678,000$ 431,200$ 670,000$ 1,162, 100$ 492,000$ 113,000$ 703,000Required:a. Develop a pro forma statement of cash flow for a base year showing net operating income (NOI) for West Office Plaza.

Cash flow Statement The purpose of preparing the cash flow statement to know the details of total…

Answered: Expenses Recoverable from Tenants $…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 60.1C

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Determining Cash Flows from Investing Activities Burns Companys 2019 and 2018 balance sheets presented the following data for equipment: During 2019, equipment costing $41,000 with accumulated depreciation of $36,700 was sold for cash, producing a $3,200 gain. Required: 1. Calculate the amount of depreciation expense for 2019. 2. Calculate the amount of cash spent for equipment during 2019. 3. Calculate the amount that should be included as a cash inflow from the disposal of equipment.
Classification of Cash Flows Rolling Meadows Country Club Inc. is a privately owned corporation that operates a golf club. Rolling Meadows reported the following inflows and outflows of cash during 2019: Rolling Meadows had cash on hand at lllf2019 of $8,500. Required: 1. Prepare a properly formatted statement of cash flows using the indirect method. 2. CONCEPTUAL CONNECTION What can you conclude by examining the patterns in Rolling Meadows cash flows?
Swasey Company earned net income of 1,800,000 in 20X2. Swasey provided the following information: Required: Compute the financing cash flows for the current year.
using the image attached , please prepare the cash flow statement for the year. Also alongside the given image the following additional infromation should be noted for the account as well : 1. The building was revalued during the year.2. Equipment costing 25,000 for which there a provision for depreciation of 5,500was sold for a profit of 6,000.3. Dividends paid and proposed for the year amounted to 27,000
If a machine whose original cost is ₹50,000 having accumulated depreciation ₹12,000, were sold for ₹44,000 then while preparing Cash Flow Statement its effect on cash flow will be a. Cash flow from financing activities ₹54,000 b. Cash flow from financing activities ₹6,000 c. Cash flow from investing activities ₹44,000 d. Cash flow from investing activities ₹6,000
A building with a book value of $35,892 is sold for $53,310 cash. Using the indirect method, choose how this transaction should be shown on the statement of cash flows. Select the correct answer. -an increase of $53,310 from investing activities and a deduction from net income of $17,418 -an increase of $35,892 from investing activities -an increase of $53,310 from investing activities -an increase of $35,892 from investing activities and an addition to net income of $17,418
For each of the following problems, (a) draw the cash flow diagram; (b) present clean and clear manual solutions to the problem; (c) highlight the final answer (only the final answer as required by the problem) by enclosing it within a box. Company C recorded the following the past year: revenues = $200,000; expenses = $30,000; depreciation = $20,000; effective income tax rate = 40%. What is the company’s ATCF that year?
The following table indicates the net cash flows of a capital asset: Year Net Cash Flow 0 $-159,000 1 $59,000 2 $59,000 3 $59,000 4 $59,000 Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Calculate the cash payback period using the formula method. Payback: Answer years
A machine with a cost of $144,000, accumulated depreciation of $92,000, and current year depreciation expense of $20,500 is sold for $45,600 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:
The company Alumnos Emprendedores S.A. has an investment for a total amountof $175,800.00, and annual net cash flows of $52,050.00, calculate the periodof recovery, detail your result in years, months and days
Your goal is to prepare a Statement of Cash Flows within the problem noted below. In the Excel Template provided, you will find the Balance Sheet of Marina Comp for December 31, 2013. In addition to the information on the Balance Sheet, we are presented with the following additional data related to current year operations: 1. Net income for the year 2013, $66,000. 2. Depreciation on plant assets for the year, $12,700. 3. Sold the long-term investments for $28,000 (assume gain or loss is ordinary). 4. Paid dividends of $25,000. 1 / 2 5. Purchased machinery costing $21,500, paid cash. 6. Purchased machinery and gave a $60,000 long-term note payable. 7. Paid a $40,000 long-term note payable by issuing common stock.
he capital investment committee of Iguana Inc. is considering two capital investments. The estimated operating income and net cash flows from each investment are as follows: Year Robotic AssemblerOperating Income Robotic AssemblerNet Cash Flow WarehouseOperating Income WarehouseNet Cash Flow 1 $50,400 $157,000 $106,000 $251,000 2 50,400 157,000 81,000 212,000 3 50,400 157,000 40,000 149,000 4 50,400 157,000 18,000 102,000 5 50,400 157,000 7,000 71,000 Total $252,000 $785,000 $252,000 $785,000 Each project requires an investment of $480,000. Straight-line depreciation will be used, and no residual value is expected. The committee has selected a rate of 10% for purposes of the net present value analysis. Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 4 0.792 0.683 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 8…

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