Use the information provided (first picture) to calculate the profit margin ratios for 2021 and put your answer in the template provided (second picture) Chelsea LimitedStatement of Cash FlowFor the Year Ended December 31, 2021Cash Flow from Operating Activities:Profit before Interest and Tax$1,024,000Use the information provided below to prepare the Cash Flow Statement of Chelsea Limited for the year ended 31LIST OF BALANCES FROM THE STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER:December 2021.Adjustments for non cash Items:2021 (R)2020 (R)INFORMATIONDepreciation on buildings2$96,000Depreciation on plant and machinery$ 160,000 $ 256,000Land and buildings1 760 0001 504 000PEPSICO LIMITEDChanges in Working Capital:Plant and machinery992 000848 000STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER:Decrease in Inventories16,000$ (152,000)$ (64,000) $ (200,000)Increase in Accounts Receivable2021 (R)2020 (R)Investments240 000Decrease in Accounts PayableSales3 312 0002 800 000Inventories384 000400 000Cash Flow from Operations$1,080,000$ (64,000)$ (192,000)Less: Interest PaidCostsales(1616 000)(1 560 000)Accounts receivable408 000256 000Less: Income Tax PaidGross profit1 696 0001 240 000Cash and cash equivalents72 00064 000Net Cash Flow from Operating Activities$ 824,000Cash Flow from Investing Activities:Purchase of Land and BuildingSelling and administrative expenses(672 000)(568 000)Ordinary share capital1 600 0001 600 000$ (352,000)$ (304,000)$ (240,000)Operating profitRetained earnings896 000480 000Purchase of Plant and Machinery1 024 000672 000Purchase of InvestmentsInterest expense(64 000)(32 000)Long-term loan640 000320 000Net Cash Flow from Investing Activities$ (896,000)Profit before tax960 000640 000Accounts payable384 000448 000Cash Flow from Financing Activities:Income tax payable128 00064 000Dividend Paid$ (240,000)Tax(256 000)(172 000)Issuance of Long term Loans$ 320,000Profit after tax704 000468 000Dividends payable208 000160 000Net Cash Flow from Financing Activities80,000Additional informationNet Change in Cash8,000Cash Balance, BeginningCash Balance, Ending64,0002$72,000 Profit margin11

Name: Use the information provided (first picture) to calculate the profit m
Uploaded: 2022-11-04T13:36:07.000Z
Channel: Bartleby
Description: Use the information provided (first picture) to calculate the profit margin ratios for 2021 and put your answer in the template provided (second picture) Chelsea LimitedStatement of Cash FlowFor the Year Ended December 31, 2021Cash Flow from Operatin