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can someone please throughly explain how to make a cash flow statement from this information. im incredibly confused PRESTIGE WORDS Putting in the hours to

can someone please throughly explain how to make a cash flow statement from this information. im incredibly confused
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PRESTIGE WORDS "Putting in the hours to study the science of what you need Prestige Worldwide Corporation Income Statement 20X2 (in Millions of dollars) $650 425 225 170 55 Sales. Cost of goods sold Gross margin Selling and administrative expenses. Net operating income Nonoperating items: Gain on sale of investments Gain on sale of equipment Income before taxes Income taxes. Net Income.. 1 8 64 (15) $49 Additional Information: The gain on sale of equipment consisted of the sale of equipment that had originally cost $25 million. The equipment was sold for cash. The equipment had accumulated depreciation of $6 million. They also said investments that originally cost $12 million for cash investmento Additional information: It did not retire any bonds or repurchase any of its own common stock during the year. 12 1 2. Investments Cain on sale Cash E PRESTIGE S WORLDWIDE "The First Word in Entertainment" Prestige Worldwide Corporation Comparative Balance Sheets (in millions of dollars) 20X2 2OXI Change 43 $ 60 $ 17 9 11 18 7 12 19 2. 1 1 Cash Current Assets: Accounts receivable Inventory Prepaid Insurance Non-Current Assets: Long-term investments Property, plant and equipment Less accumulated depreciation Property, plant and equipment, net Total assets 3 58 (33) 25 $126 5 47 018) 29 $89 2 11 15 4 $ 31 7 8 $ 37 6 10 Llabilities & Stockholders' Equity Current Liabilities: Accounts payable Accrued liabilities Income taxes payable Non-Current Liabilities: Bonds payable Stockholders' equity: Common stock Retained earnings Total liabilities and equity ON INSI 17 15 | 12 51 $126 12 9 $89 37

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