amount of that change a. Did the change in cash reflect a source or a use of funds? What was the am b. Did the change in net receivables reflect a source or a use of funds? What was the amou vunt of that change -1s 699, 00g ation she needs, she funds? What was the amount of that c. Did the change in notes pavable reflect a source or a use of funds. What was the amount of d. Did the change in retained earnings reflect a source or a use of funds what was the amount e. What was the total amount of sources and uses of funds?sources 78709) Oct 4. Now that Allisha McKay (see Question 3) has compiled the sources and uses of funds information ready to prepare The Fred Proffet Company's SCF for this year. Help her complete the company's SCF by using the information taken from the following Conde Statement and Statement of Retained Earnings for This Year, as well as This Year and Last Year's Bala in the previous Question S. Then, answer the questions that follow: Condensed Income r's Balance Sheets 188 Chapter 5 The Statement of Cash Flows Total Current Assets 5.940,000 3.930,000 W9 000 1.200,000 420.000 1,500,000 525.000 SIO 5,000 Property and Equipment Les Accumulated Depreciation Net Property and Equipment 780,000 975,000 TOTAL ASSETS 4,720.000 4,905,000 LIABILITIES AND OWNERS EQUITY Current Liabilities Accounts Payable Notes Payable Other Current Liabilities Total Current 20 1919.000 584,000 134,000 696.000 1,354,000 565.000 90.000 900,000 955,000 201 Long Term Liabilities Long Term Debt Total Liabilities 720,000 2,074,000 380,000 2,055.000 Owners' Equity Common Stock Paid in Capital Retained Earnings Total Owners' Equity 1,200,000 1.146.000 2,646,000 320.000 1,290.000 1.250.000 2.850.000 92. 0 00 249 de TOTAL LIABILITIES AND OWNERS' EQUITY 4.720,000 4905,000 TOTAL SOURCES AND USES OF FUNDS ES OF ENDS 43.070 9593.000 Did the change in cash reflect a source or a use of funds? What was the amount of that cha h ad the change in net receivables reflect a source or use of funds? What was the amount of that cha Did the change in notes payable reflect a source of o nder What was the amount of that change flect a source or a use of funds? What was the amount of that change? d. Did the change in retained earnings reflect a source or a use of funds? What e. What was the total amount of sources and uses of funds sowieso dar sources so has compiled the sources and uses of funds information she needs she is res 793, 4. Now that Allisha McKay (see Question 3) has compiled the sources and uses of fun ready to prepare The Fred Proffet Company's SCF for this year. the information taken from the following Condensed Income Help her complete the company's SCF by using the inf Statement and Statement of Retained Earings for This Year, as well as This Year and in the previous Question 3. Then, answer the questions that follow This year, as well as This Year and Last Year's Balance Sheets shown amount of that change a. Did the change in cash reflect a source or a use of funds? What was the am b. Did the change in net receivables reflect a source or a use of funds? What was the amou vunt of that change -1s 699, 00g ation she needs, she funds? What was the amount of that c. Did the change in notes pavable reflect a source or a use of funds. What was the amount of d. Did the change in retained earnings reflect a source or a use of funds what was the amount e. What was the total amount of sources and uses of funds?sources 78709) Oct 4. Now that Allisha McKay (see Question 3) has compiled the sources and uses of funds information ready to prepare The Fred Proffet Company's SCF for this year. Help her complete the company's SCF by using the information taken from the following Conde Statement and Statement of Retained Earnings for This Year, as well as This Year and Last Year's Bala in the previous Question S. Then, answer the questions that follow: Condensed Income r's Balance Sheets ount of that change of that change mount of that changes a. Did the change in cash reflect a source or a use of funds? What was the an -1s 699,00g nation she needs, she b. Did the change in net receivables reflect a source or a use of funds what was the amount of c. Did the change in notes pavable reflect a source or a use of funds? What was the amount of d. Did the change in retained earnings reflect a source or a use of funds? What was the amoun. e. What was the total amount of sources and uses of funds?sources 78709) U S 4. Now that Allisha McKay (see Question 3) has compiled the sources and uses of funds information ready to prepare The Fred Proffet Company's SCF for this year. Help her complete the company's SCF by using the information taken from the following Conde Statement and Statement of Retained Earnings for This Year, as well as This Year and Last Year's Bala in the previous Question 3. Then, answer the questions that follow: Condensed Income r's Balance Sheets 190 Chapter The Statement of Cash Flows NET CASH FLOW FROM FINANCING ACTIVITI Increase in Long Term Det Ommen Sork in pa in Capital Net Cash Flow from Financing Acties Net Increase in Cash This rar Chat the beginning of Thirar Cash at the end of this var SUPPLEMENTARY DISCLOSURE OF CASH FLOW INFORMATION Cash paid during the year for Interest Income Taxes . What is Allisha's proper entry for "Net Cash Flow from Operating Activities? What is Alisha proper entry for "Net Cash Flow from Investing Activities? c. What is Allisha'proper entry for "Net Cash Flow from Financing Activities? d. What is Allisha's proper entry for "Net Increase in Cash This Year"? e. Since all changes in cash are accounted for in the SCF, what is the purpose of the "Supplementary Discla Flow Information portion of the statement? wiary Disclosure responsible for developing the cash flow 5. At the end of his operating year, the manager of the Doral Palms hotel is responsible for developing the from operating activities section of his SCF by using the indirect method. The following information was to the hotels income statement from this year and the balance sheets from last year and this year: Doral Palms Hotel mation was taken from Net income this year Increase in accounts receivable this year versus last year Increase in product inventory this year versus last year Depreciation and amortization expenses this year Decrease in accounts payable this year versus last year Increase in current liabilities this year versus last year Decrease in taxes payable this year versus last year $143,917 $11,420 $4,875 $38,500 $5,782 To help ensure that he gets his information right, he has added a separate Increase or Decrease column 10 format he is using. Insert either increase or decrease in the proper cell and help him complete the cast operating activities portion of the SCF. Then answer the questions that follow. $3,400 $1,950 help him complete the cash flow fro Doral Palms Hotel: Cash Flow from Operating Activities Increase or Decrease Net Income Adit ount of that change of that change mount of that changes a. Did the change in cash reflect a source or a use of funds? What was the an -1s 699,00g nation she needs, she b. Did the change in net receivables reflect a source or a use of funds what was the amount of c. Did the change in notes pavable reflect a source or a use of funds? What was the amount of d. Did the change in retained earnings reflect a source or a use of funds? What was the amoun. e. What was the total amount of sources and uses of funds?sources 78709) U S 4. Now that Allisha McKay (see Question 3) has compiled the sources and uses of funds information ready to prepare The Fred Proffet Company's SCF for this year. Help her complete the company's SCF by using the information taken from the following Conde Statement and Statement of Retained Earnings for This Year, as well as This Year and Last Year's Bala in the previous Question 3. Then, answer the questions that follow: Condensed Income r's Balance Sheets