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1000.00 80.00% 25.00% 360.00d 36.00d 72.00d Income statement Sales Salary expense as % of sales Tax rate Balance sheet Days in a year Days of
1000.00 80.00% 25.00% 360.00d 36.00d 72.00d Income statement Sales Salary expense as % of sales Tax rate Balance sheet Days in a year Days of receivables Days of salary payable Cash flows Contributions from shareholders (Distributions) to shareholders (Dividends) Income statement Sales Salary expense = Operating income Tax expense Net income 300.00 0.00 0.00 Year 1 1000.00 800.00 200.00 50.00 150.00 Year 1 Ending Balance Sheet Make sure you read the pdf linked above Cash Paid-in Capital Retained earnings Indirect Cash Flow Statement Net income Operating cash flow Direct Operating Cash Flow Statement Cash received from customers Cash (paid) for salaries (Put minus sign (-) before a number to be subtracted] Cash (paid) for taxes (Put minus sign (-) before a number to be subtracted]
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