Create a Statement of Cash Flows 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 4,637.00 Cost of Goods Sold 2,086.65 Gross Margin 2.550.35 SG&A 528.00 EBITDA 2,022.35 Depreciation Expense 515.00 EBIT 1,507.35 Interest Expense 157.60 EBT 1,350 Taxes 472.41 Net Income 877.34 Dividends 410 Addition to Retained Earnings 467.34 Balance Sheet: Assets Cash Accounts Receivables Inventory Total Current Assets Net Fixed Assets Total Asset Prior Year 800 400 300 1,500 5,000 6,500 Current Year ???? 408.00 333.00 ???? 5.471.00 ???? Liabilities and Equity Prior Year Accounts Payable 300 Notes Payable 1,000 Total Current Liabilities 1,300 Long-Term Debt 2,000 Total Liabilities 3,300 Common Stock and Paid-in 2,200 Capital Retained Earnings 1,100 Total Equity 3,300 Total Liabilities & Equity 6,600 Current Year 333.00 155.00 1.188.00 2.297.00 ???? 2.200 1.567.34 ???? ???? 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 Does the 2014 Cash Balance from the Balance Sheet equal the Ending Cash Balance from the Statement of Cash Flows? True Create a Statement of Cash Flows 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 4,637.00 Cost of Goods Sold 2,086.65 Gross Margin 2.550.35 SG&A 528.00 EBITDA 2,022.35 Depreciation Expense 515.00 EBIT 1,507.35 Interest Expense 157.60 EBT 1,350 Taxes 472.41 Net Income 877.34 Dividends 410 Addition to Retained Earnings 467.34 Balance Sheet: Assets Cash Accounts Receivables Inventory Total Current Assets Net Fixed Assets Total Asset Prior Year 800 400 300 1,500 5,000 6,500 Current Year ???? 408.00 333.00 ???? 5.471.00 ???? Liabilities and Equity Prior Year Accounts Payable 300 Notes Payable 1,000 Total Current Liabilities 1,300 Long-Term Debt 2,000 Total Liabilities 3,300 Common Stock and Paid-in 2,200 Capital Retained Earnings 1,100 Total Equity 3,300 Total Liabilities & Equity 6,600 Current Year 333.00 155.00 1.188.00 2.297.00 ???? 2.200 1.567.34 ???? ???? 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 Does the 2014 Cash Balance from the Balance Sheet equal the Ending Cash Balance from the Statement of Cash Flows? True
