Chapter 16-2

VOIR mework 2013 (0 complete) HW Score: 0%, 0 of 36 pts Score: 0 of 24 pts E16-24 (similar to) Question Help Chapter 16 Home 10/28/19 11:45pm Score: 0% (0 points out of 1 per question Taner Exercise Equipment Inc. reported the following financial statements for 2018 Click the icon to view the income statement) (Click the icon to view the comparative balance sheet) Click the con lo vw additional information) Prepare the company's statement of cash flows norect method for the year ended December 31, 2018. Assume investments are purchased with cash (Use a minus son or parentheses for amounts that result in a decrease in cash if a box not used in the statement, leave the box emply do not select alatul or enter ) ions: 3 Complete the statement one section at a time beginning with the cash flows from operating activites t0 Credit: 0 Trainer Exercise Equipment, Inc. Statement of Cash Flows Year Ended December 21, 2018 Cash Flows from Operating Activities Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for Operating Activities ect: 0 23 (similar to) (0/5) 25 similar to) (0/7) Choose from any list or enter any number in the input fields and then click Check Answer Copyright U 2 parts remaining Clear All Check Answer ype here to search 10/28/19 11:45pm points out of core following financial statements for 2018 click the icon to view the income statement) Click the icon to vw the comparative balance Sheet) flows-indirect method for the year ended December 31, 2018 Assume investments are purchased with cash (Use a sign of parentheses for amounts that result in a decrease in cashfa box not used in the ment leave the ply, do not select a label or enter a zero ) in: 3 he cash flows from operating activities Cash Payment for Acquisition of Plant Assets a Cash Payment for investments Cash Payment of Dividends Cash Payment of Notes Payable Cash Receipt from Issuance of Common Stock Decrease in Merchandise Inventory Decrease in Salaries Payable Depreciation Expense Gain on Disposal of Plant Assets Increase in Accounts Payable Increase in Accounts Receivable 018 Credit: 0 (similar to) (0/5) 5(similar to com Choose from any list or enter any number in the input Tields and then click Check Answer Copyright Terms of 2 parts remaining Clear All Check Answer pe here to search 10/28/19 11:45pm Score: 0% (0 points out of S per question e kercise E ment reported the following financial statements for 2018 (Click the icon to view the income statement) (Click the icon to view the comparative balance shoot) Click the icon to view additional information.) Prepare the company's statement of cash flows indeed method for the year ended December 31, 2018 Assume investments are purchased with cash (Use a minus Sion or parentheses for amounts that result in a decrease in Cash if a box 15 not used in the statement leave the box only do not selecta label or enter a zero.) Bons: 3 Year Ended December 31, 2018 Cash Flows from Operating Activities Net income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities Credit: ect: 0 23 (similar to (0/5) -25 similar to (0/7) Net Cash Provided by (Used for Operating Activities Choose from any list or enter any number in the input fields and then click Check Answer Copyright Terms of 2 parts remaining Clear All Check Answer Type here to search UE.UU 16-24 (similar to) Question Help ainer Exercise Equipment Inc. reported the lowing financial statements for 2018 Click the Click the Data Table Prepare the company's statement of cash Pows-indirect method for the year ended Dents are Xona a decrease frent, leave Cash Flows Net Incon Adjustme Provided $ 709,000 344000 Trainer Exercise Equipment, Inc. Income Statement Year Ended December 31, 2018 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Depreciation Expense 5 52.000 Other Operating Expenses 190 000 Total Operating Expenses Net Income 365.000 242.000 $ 123,000 Net Cash Pro Print Done Choose from any list or enter any number in the input Delds and then click Check Answer 3 parts s remaining Clear All Check Answer E16.24 (similar tal Data Table pm T ut of Trainer Exercise Equipment, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Current Assets Cast 18.000 $ 54 000 30,000 15.000 45.000 91000 Accounts Receivable Merchandise inventory Long-term Assets Plant Assets Accumulated Depreciation Investments Plant Assets 257 100 (42.100) 93000 470,000 $ 221.600 (33 600) 78,000 417,000 $ Total Assets Current Liabilities Chod Print Done right , os 3 Score: 0 of 24 pts