CashPlusCo : The firm declared and paid $400 in dividends during the year. You have to prepare the cash flow statement. You can do it your way, or you can follow the steps below: 1. The total change in accounts is given in the "change" column. 2. Change in cash = - Change in assets + Changes in contra-assets, liabilities, and equity. This formula is already entered for the change in cash in the ICF, FCF, and OCF columns. 3. Identify changes in accounts due to investing activities. 4. Identify changes in accounts due to financing activities. 5. Subtract changes due to investing and financing activities from the total change to arrive at changes due to operating activities. This formula is already entered in the OCF column. 6. Use this information to prepare the cash flow statement. 7. If your computations have errors, then the check cells will not be blank. Assets 1 2 Change ICF FCF OCF Cash 200.00 500.00 300.00 0.00 0.00 -330.00 Receivables [Accrued revenues] 500.00 600.00 100.00 100.00 Inventories 400.00 500.00 100.00 100.00 Gross PPE:A 800.00 300.00 0.00 0.00 Accumulated depreciation: A 600.00 700.00 100.00 100.00 Gross PPE: B 0.00 400.00 400.00 400.00 Accumulated depreciation: B 0.00 100.00 100.00 100.00 Liabilities Payables to suppliers 500.00 700.00 200.00 200.00 Debt 200.00 300.00 100.00 100.00 Equity Contributed capital 300.00 370.00 70.00 70.00 Retained earnings [Compute missing number] 300.00 300.00 -300.00 Check 630.00 630.00 Cash Flow Statement [YOU MAY NOT NEED ALL ROWS.] Effect on cash OCF [ Indirect format] 330.00 Check = ICF [Direct format] Check "Dividends) -400.00 = FCF [Direct format] Check = Net cash flows 300.00 Check