5hamrock Ine's CFO has just left the office of the compuny pretident after a meethg about the draft SFPat April 30,2020 and ieco'se statement for the year then ended. 1 Pothare reprotuced belowe) "Our liqudity pouition locks healthy" the president had remarbed 'Tookat the ourrent and acid-fest ratios, ard the ansount of workine capital we have. And between the eoodwall write off and depreciation, we have almost $23 milion of non-cath oppenses: I dsois thderstand wty you ve been complainine aboit our cash shuation The CFO turns the dnaft francia statements orer to you, the newest menber af the accounting staff, along with extrocts from the: fates to the finaricialstatements. Liabilities Current Shareholders' Equity Share capital (Note 6) Retained earnings: Expenies Question 1 of 3 Note 2. Property. Plant, and Equipment Additions to property, plant, and equipenent for the current year amounted to $2.289.000. Proceeds from the disposal of property, plant, and equipment amounted to $250.000. Note 3. Intangible Assets - Franchises Franchise fees are amortized over the term of 20 years using the straicht-line method. Note 4, Accounts Payable and Accrued Uabilities (in 5000s) Note 5. Long-Term Debt (in S000s) Prepare a statement of cash flows for the year ended April 30,2020 , on anon-comparative basis from the information pravided. The CFO wants to use the direct method to report the company's operating cash flows this year. Include all required disclosures. (Show amounts that decrease cosh flow with either a - sign es - 15,000 or in parenthesis eg. (15,000). Do not leave any answer field blank Enter " 0 " for amounts. Enter amounts in thousands.) Prepare astatement of cash flows for the year ended April 30, 2020, on a non-comparative basis from the information provided. The CFO wants to use the direct method to report the company's operating cash flows this year. Include all required disclosures. (Show amounts that decrease cosh flow with either a+sign es. 15,000 or in porenthesis eg. (15,0008. Do not leave any artwer freld blank. Enter 'O' for amounts. Enter amounts in thousands.) 5hamrock Ine's CFO has just left the office of the compuny pretident after a meethg about the draft SFPat April 30,2020 and ieco'se statement for the year then ended. 1 Pothare reprotuced belowe) "Our liqudity pouition locks healthy" the president had remarbed 'Tookat the ourrent and acid-fest ratios, ard the ansount of workine capital we have. And between the eoodwall write off and depreciation, we have almost $23 milion of non-cath oppenses: I dsois thderstand wty you ve been complainine aboit our cash shuation The CFO turns the dnaft francia statements orer to you, the newest menber af the accounting staff, along with extrocts from the: fates to the finaricialstatements. Liabilities Current Shareholders' Equity Share capital (Note 6) Retained earnings: Expenies Question 1 of 3 Note 2. Property. Plant, and Equipment Additions to property, plant, and equipenent for the current year amounted to $2.289.000. Proceeds from the disposal of property, plant, and equipment amounted to $250.000. Note 3. Intangible Assets - Franchises Franchise fees are amortized over the term of 20 years using the straicht-line method. Note 4, Accounts Payable and Accrued Uabilities (in 5000s) Note 5. Long-Term Debt (in S000s) Prepare a statement of cash flows for the year ended April 30,2020 , on anon-comparative basis from the information pravided. The CFO wants to use the direct method to report the company's operating cash flows this year. Include all required disclosures. (Show amounts that decrease cosh flow with either a - sign es - 15,000 or in parenthesis eg. (15,000). Do not leave any answer field blank Enter " 0 " for amounts. Enter amounts in thousands.) Prepare astatement of cash flows for the year ended April 30, 2020, on a non-comparative basis from the information provided. The CFO wants to use the direct method to report the company's operating cash flows this year. Include all required disclosures. (Show amounts that decrease cosh flow with either a+sign es. 15,000 or in porenthesis eg. (15,0008. Do not leave any artwer freld blank. Enter 'O' for amounts. Enter amounts in thousands.)
