Analysts following the Tomkovick Golf Company were given the following information for the years ended June 30,
Question:
Analysts following the Tomkovick Golf Company were given the following information for the years ended June 30, 2013 and June 30 2012:
Construct a 2013cash flow statement for this firm.
Calculate the net cash provided by operating activities.
What is the net cash used in investing activities?
Compute the net cash provided by financing activities?
Transcribed Image Text:
2013 2012 Assets Cash andmarketable securities Accounts receivable Inventory Other cuurent assets Total current assets Plant and equipment Less: Accumulated depreciatiorn Net plant and equipment Goodwill and other assets Totalassets S 33,411 260,205 423,819 41,251 S 758,686 1,931,719 (419,044) $1,512,675 382,145 S 16,566 318,768 352,740 29,912 S 717,986 1.609,899 (206,678) $1,403,220 412,565 2012 Liabilities and Stockholders' Equity Accountspayable and accruals Notes payable Accrued income taxes 2013 S378,236 14,487 21,125 S 413,848 679,981 $1,093,829 $ 332,004 7,862 16,815 $356,681 793,515 $1,150,196 Total cunt abilities Long-term debt Totalliabilities Prefered stock Common stock (10,000 shares) Additionalpaid-in capital Retained eamings Less: Treasury stock 10,000 975,465 587,546 (13,334) $1,559,677 $2,653,506 10,000 975,465 398,110 Total common equity Totalliabilities and stockholders' equity $1,383,575 $2,533,771
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Tomkovick Golf Company Year ended June 30 2013 Operating Activities Net income 315584800 Additions s...View the full answer
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Related Book For
Essentials of Corporate Finance
ISBN: 978-1118868416
1st edition
Authors: Robert Parrino, David S. Kidwell, Thomas Bates
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