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Create a statement of cash flow for the current year using Wright Co's income statement and balance sheet. (Do not round intermediate calculations. Round your
Create a statement of cash flow for the current year using Wright Co's income statement and balance sheet. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Income Statement: | Current Year |
Revenue | 5,333.00 |
Cost of Goods Sold | 2,133.20 |
Gross Margin | 3,199.80 |
SG&A | 516.00 |
EBITDA | 2,683.80 |
Depreciation Expense | 515.00 |
EBIT | 2,168.80 |
Interest Expense | 159.15 |
EBT | 2,010 |
Taxes | 703.38 |
Net Income | 1,306.27 |
Dividends | 410 |
Addition to Retained Earnings | 896.27 |
Balance Sheet:
Assets | Prior Year | Current Year |
Cash | 800 | ???? |
Accounts Receivables | 400 | 437.00 |
Inventory | 300 | 333.00 |
Total Current Assets | 1,500 | ???? |
Net Fixed Assets | 5,000 | 5,295.00 |
Total Asset | 6,500 | ???? |
Liabilities and Equity | Prior Year | Current Year |
Accounts Payable | 300 | 326.00 |
Notes Payable | 1,000 | 864.00 |
Total Current Liabilities | 1,300 | 1,190.00 |
Long-Term Debt | 2,000 | 2,319.00 |
Total Liabilities | 3,300 | ???? |
Common Stock and Paid-in Capital | 2,200 | 2,200 |
Retained Earnings | 1,000 | 1,896.27 |
Total Equity | 3,200 | ???? |
Total Liabilities & Equity | 6,500 | ???? |
Use SinCo's Income Statement and Balance Sheet to create a Statement of Cash Flows for the current year.
What is Wright's Change in Working Capital | |
What is Wright's Cash Flow from Operations | |
What is Wright's Cash Flow from Investments | |
What is Wright's Provide by Financing Actives | |
What is Wright's Net change in cash | |
What is Wright's Ending Cash Balance |
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