Calculate the DuPont Model, given the following balances:
Year 1 data
Cash R16,080
Accounts receivable R9,500
Prepaid R3,150
Supplies R675
Equipment R25,200
Accumulated depreciation equipment R8,150
Year 2 data
Cash R20,000
Accounts receivable R15,000
Prepaid R1,175
Supplies R2,675
Equipment R89,057
Accumulated depreciation equipment R36,800; Equity R82,600
Net sales R325,000
Net income of R56,824
Assume sales revenue and net sales are the same.
1.5 3 points) See previous question 14. If the company's tation change in the income statement account was R7 000 and it paid interest of R1,000 and tax of 6.000 during the year, what was the net cash generated from operating activities for the year 2007 (a) Cashindow R10.800 (b) Cash info 12.800 (c) Cash flow 22.00 Question 2 18 points and Statements READ THE CASE AND ANSWER AS ROURED Use the following data to construct a statement of cash flows using the direct method Balances 20X10 Statement of Finn Position Cash 14.000 Accounts receivable 25.000 32.500 Prepaid insurance 7.000 Inventory 37.000 34.000 Feed asset 316.000 270.000 Accumulated depreciation (30.000) Total assets 327.500 Accounts payable 18.000 16.000 Wages payable 4.000 7.000 Note payable 173.000 160,000 Capital 84.000 Retained earings 50.000 60.500 Total liability and guilty 342.000 327,500 Statement of Pl and other comprehensive income Sales Cost of sales Depreciation expense (15.000 Insurance expertise Wage expense 150.000 Net Income Additional information Dividends declared and paid in 2019 for R2.500 R48.000 was paid for new fed assets in 2019 Accounts payable was used only for inventory . No debt was retired during 2019 1.5 3 points) See previous question 14. If the company's tation change in the income statement account was R7 000 and it paid interest of R1,000 and tax of 6.000 during the year, what was the net cash generated from operating activities for the year 2007 (a) Cashindow R10.800 (b) Cash info 12.800 (c) Cash flow 22.00 Question 2 18 points and Statements READ THE CASE AND ANSWER AS ROURED Use the following data to construct a statement of cash flows using the direct method Balances 20X10 Statement of Finn Position Cash 14.000 Accounts receivable 25.000 32.500 Prepaid insurance 7.000 Inventory 37.000 34.000 Feed asset 316.000 270.000 Accumulated depreciation (30.000) Total assets 327.500 Accounts payable 18.000 16.000 Wages payable 4.000 7.000 Note payable 173.000 160,000 Capital 84.000 Retained earings 50.000 60.500 Total liability and guilty 342.000 327,500 Statement of Pl and other comprehensive income Sales Cost of sales Depreciation expense (15.000 Insurance expertise Wage expense 150.000 Net Income Additional information Dividends declared and paid in 2019 for R2.500 R48.000 was paid for new fed assets in 2019 Accounts payable was used only for inventory . No debt was retired during 2019