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Create a statement of cash flows. Please show how to get Gross Fixed Assets and Accumulated Depreciation for both years. create statement of cash flows
Create a statement of cash flows. Please show how to get Gross Fixed Assets and Accumulated Depreciation for both years.
create statement of cash flows Company Two Company Balance Sheets For the Fiscal Years Ending December 31. 1999 100 200 300 600 920 1.520 2000 110 280 260 650 1.150 1,800 Cash Accounts receivable Inventories Current assets Net fixed assets Total assets Notes payable Accounts payable Accruals Current liabilities Long-term debt Common stock Additional paid in capital Retained earnings Total liabilites and equity 100 200 20 320 400 200 200 400 1,520 120 160 30 310 380 250 400 460 1,800 Company Two Company Income Statement For the Fiscal Year January 1 through December 31, Sales Cost of goods sold Gross profit Operating expenses Depreciation Operating profit Interest expense Earnings before taxes Taxes Net income 2000 7,800 6.000 1,800 1,000 160 640 80 560 300 260 Dividends paid Addition to Retained earnings 200 60 Step by Step Solution
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