Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Net income for 2018 is IDR 250,750,000 with sales of IDR 1,500,000,000, COGS of IDR 1,060,062,500, operating expense of IDR 212,500,000 (including depreciation expense)
1. Net income for 2018 is IDR 250,750,000 with sales of IDR 1,500,000,000, COGS of IDR 1,060,062,500, operating expense of IDR 212,500,000 (including depreciation expense) and interest expense of 40,000,000. The 2014 tax rate is 20%.
2. Land was sold on April 30, 2018 at a price of Rp. 300,000,000.
3. Buildings purchased on March 30, 2011 at an acquisition price of Rp 180,000,000 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.
Make a statement of cash flows pt. Concav for the year ending December 31, 2018
a. with the indirect method
b. with the direct method
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started