ee what you want to do Calibri 11 v Wrap Text General & Cut Copy - Format Painter Paste BI U - - A. Merge & Center $ % 0.00 .00.0 Conditional Format as Cell Formatting Table Styles Styles Clipboard Font Alignment Number H14 8 C D E F G 1 ABC Corporation comparative Balance Sheet at December 31 (in millions) a) Prepare a flow of funds (sources and uses) statement for 2019 for the ABC Corporation b) Prepare a statement of cash flow for 2019 using indirect method for the ABC Corporation 2018 2019 5.00 5 5 S 10.00 15.00 4.00 5 7005 12.00ES 23.00 S 40.00 $ 63.00 $ s 30.00 40.00 s s 70.00 3 ASSETS 4 Cash Accounts Receivable 6 Inventories 7 Total Current assets B Fixed assets, net 9 Total Assets 10 11 LIABILITIES AND STOCKHOLDERS EQUITY 12 Accounts Payable 13 Notes Payable 14 Accrued Wages 15 Accrued takes 16 Total Current liabilities 7 Long-term debt 18. Common Stock 19 Retained earnings 20. Total Liabilities And Stockholders Equity 24 10.00 S S 5 . 5.00 3.00 5 2.00 8.00 S 5.00 5 2005 3.005 18.00 S 20.005 10.00 $ 15.00 5 63.00 $ s 5 20.00 20.00 S 10.00 20.00 70.00 $ ABC Corporation statement of income and retained earnings year ended 123 December31,2019 24 Sales 5 95.00 25 COGS S 50.00 26 S&A expenses 15.00 27 Depreciation $ 8.00 5 68.00 28 EBIT s 27.00 29 Less Interest S 2.00 30 s 25.00 31 Less:Taxes S 10.00 32 Net Income S 15.00 33 34 35 37 38 question 5 Ready ee what you want to do Calibri 11 v Wrap Text General & Cut Copy - Format Painter Paste BI U - - A. Merge & Center $ % 0.00 .00.0 Conditional Format as Cell Formatting Table Styles Styles Clipboard Font Alignment Number H14 8 C D E F G 1 ABC Corporation comparative Balance Sheet at December 31 (in millions) a) Prepare a flow of funds (sources and uses) statement for 2019 for the ABC Corporation b) Prepare a statement of cash flow for 2019 using indirect method for the ABC Corporation 2018 2019 5.00 5 5 S 10.00 15.00 4.00 5 7005 12.00ES 23.00 S 40.00 $ 63.00 $ s 30.00 40.00 s s 70.00 3 ASSETS 4 Cash Accounts Receivable 6 Inventories 7 Total Current assets B Fixed assets, net 9 Total Assets 10 11 LIABILITIES AND STOCKHOLDERS EQUITY 12 Accounts Payable 13 Notes Payable 14 Accrued Wages 15 Accrued takes 16 Total Current liabilities 7 Long-term debt 18. Common Stock 19 Retained earnings 20. Total Liabilities And Stockholders Equity 24 10.00 S S 5 . 5.00 3.00 5 2.00 8.00 S 5.00 5 2005 3.005 18.00 S 20.005 10.00 $ 15.00 5 63.00 $ s 5 20.00 20.00 S 10.00 20.00 70.00 $ ABC Corporation statement of income and retained earnings year ended 123 December31,2019 24 Sales 5 95.00 25 COGS S 50.00 26 S&A expenses 15.00 27 Depreciation $ 8.00 5 68.00 28 EBIT s 27.00 29 Less Interest S 2.00 30 s 25.00 31 Less:Taxes S 10.00 32 Net Income S 15.00 33 34 35 37 38 question 5 Ready
