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3) Allen Products has the following cash flow statement for for December 31, 2018. Using the pro forma income statement and balance sheet your produced,
3) Allen Products has the following cash flow statement for for December 31, 2018. Using the pro forma income statement and balance sheet your produced, complete a pro forma cash flow statement as well. (25 points) 40 41 Calculation Statement of Cash Flows - Pro Forma Allen Products Inc. 12/31/2018 Pro Forma 2019 81 1,000 1,000 1,000 3,081 47 42 43 Operating Activities 44 Net Profit 45 Depreciation Change in A/P Change in Accruals 48 Cash Flows from Operations: 49 50 Investing Activities 51 Increase in Fixed Assets 52 Cash Flows from Investing: 53 54 Financing Activities 55 Increase in Line of Credit 56 Cash Flows from Financing: (11,000) (11,000) 57 58 Increase (Decrease) in Cash 59 Beginning Cash 60 Ending Cash: 61 (7,919) 12,919 5,000 3) Allen Products has the following cash flow statement for for December 31, 2018. Using the pro forma income statement and balance sheet your produced, complete a pro forma cash flow statement as well. (25 points) 40 41 Calculation Statement of Cash Flows - Pro Forma Allen Products Inc. 12/31/2018 Pro Forma 2019 81 1,000 1,000 1,000 3,081 47 42 43 Operating Activities 44 Net Profit 45 Depreciation Change in A/P Change in Accruals 48 Cash Flows from Operations: 49 50 Investing Activities 51 Increase in Fixed Assets 52 Cash Flows from Investing: 53 54 Financing Activities 55 Increase in Line of Credit 56 Cash Flows from Financing: (11,000) (11,000) 57 58 Increase (Decrease) in Cash 59 Beginning Cash 60 Ending Cash: 61 (7,919) 12,919 5,000
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