Question
*Complete the problems in an Excel spreadsheet. Be sure to show your work to receive credit; no hard keys. Problem 2-1: Preparing Financial Statements Information
*Complete the problems in an Excel spreadsheet. Be sure to show your work to receive credit; no hard keys.
Problem 2-1: Preparing Financial Statements
Information below is for Warner Manufacturing, Inc. for the year ended December 31, 20x1 except where beginning of year numbers indicated. All amounts in SAR unless otherwise stated.
Using the information below: 1. Prepare an income statement with the proper title 2. Prepare end of year balance sheet with the proper title 3. Calculate net working capital 4. Calculate the debt ratio
*Complete the problems in an Excel spreadsheet. Be sure to show your work to receive credit; no hard keys.
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Problem 2-2 Preparing Statement of Cash Flows |
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Given the following information, prepare a statement of cash flows.
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Assume all amounts are in 000's SAR. |
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