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1. Net income for 2018 is IDR 250,750,000. Sales : IDR 1,500,000,000, COGS: IDR 1,060,062,500, operating expense IDR 212,500,000 (including depreciation expense) and interest expense
1. Net income for 2018 is IDR 250,750,000. Sales : IDR 1,500,000,000, COGS: IDR 1,060,062,500, operating expense IDR 212,500,000 (including depreciation expense) and interest expense 40,000,000. The 2014 tax rate is 20%.
2. The land was sold on April 30, 2018 at a price Rp. 300,000,000.
3. Building purchased on 30 March 2013 with an acquisition Rp.180,000,000 and were sold at Rp.120,000,000 on June 5, 2014. The building has a useful life of 15 years.
4. During 2018, PT. Concav issues 20,000 shares.
Question: Create STATEMENT OF CASH FLOWS PT. CONCAV FOR THE YEAR ENDED 31 DECEMBER 2018
a. Using indirect method
b. Using direct method
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