Question
Create a cash flow statement table for a fictional company called 1 2 3 organization based on the provided
Create a cash flow statement table for a fictional company called organization based on the provided data. You have been provided with the following data for organization for the year ending December XX:
Cash Flow Statement Data:
Cash from Operations: Calculate the cash from operations using the direct method.
Cash from Investing: Assume $ was spent on purchasing PPE and $ was received from selling an old asset.
Cash from Financing: Assume $ was borrowed longterm debt and $ was repaid shortterm debt
Net Cash Flow: Calculate the net cash flow for the year.
Cash Flow Statement:
Create a Excel worksheet with the headers: "Item," "Amount," and "Notes."
Input the cash flow statement items eg Cash from Operations, Cash from Investing, Cash from Financing, Net Cash Flow in the "Item" column.
Input the respective values for each item in the "Amount" column.
Use Excel formulas to calculate Cash from Operations and Net Cash Flow based on the provided data.
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