Presented below are recent financial statements for The Gamble Company. Required Prepare a statement of cash flow
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Presented below are recent financial statements for The Gamble Company.
Required Prepare a statement of cash flow using the indirect method. What does the company’s statement of cash flow reveal about the company’s financial health?
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Assets Cash & cash equivalents... Marketable securities... Trade receivables... Inventories... Prepaid expenses Total current assets Property, plant & equipment (net) Intangible assets (net) Deferred income taxes.. Other noncurrent assets Total assets Liabilities & Shareholders' Equity THE GAMBLE COMPANY Consolidated Balance Sheet 2016 2015 $ 1,549 $ 2,350 857 760 2,781 2,738 3,284 3,087 1,511 1,190 9,982 10,125 12,180 11,376 7,011 3,949 167 102 1,198 1,433 $30,538 $26,985 Accounts payable. Accrued expenses & other liabilities $ 2,051 3,942 $ 2,203 3,802 Taxes payable 976 944 Debt due within one year. 2,281 849 Current liabilities Long-term debt Other noncurrent liabilities 9,250 7,798 5,765 4,143 3,287 2,998 Shareholders' equity Capital stock (at par) 3,158 3,210 Additional paid-in-capital.. 907 559 Retained earnings. 11,144 10,730 Cumulative translation adjustment account (2,973) (2,453) Total liabilities & shareholders' equity $30,538 $26,985
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Related Book For
Financial Accounting For Executives And MBAs
ISBN: 9781618531988
4th Edition
Authors: Wallace, Simko, Ferris
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