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Fill in all missing data in the income statement and balance sheets. Then calculate the 2017 statement of cash flows. INCOME STATEMENT, 2017 Revenues COGS
Fill in all missing data in the income statement and balance sheets. Then calculate the 2017 statement of cash flows. INCOME STATEMENT, 2017 Revenues COGS EXCLUDING DEPRE DEPRECIATION Expenses EXCLUDING Interest EBIT Interest EBT Tax @ 40% Net Income 550 50 50 50 BALANCE SHEET, 12/31/17 BALANCE SHEET, 12/31/16 30 40 80 150 Cash A/R 50 Invento Current Assets Gross PP&E Net PP&E Total Assets 200 800 900 150 750 900 A/P Accruals Short Term Debt Current Lia 30 20 50 100 10 80 100 Long Term Debt 350 300 Total Liabilities 450 400 Common Stock Retained Earnings Tot. Com. Equity 100 400 500 # of Common Sh 100 100 Interest Coverage (Times Interest Earned)-7 DSO- 18.25 days Current Ratio -2 Cash From Operating Activities: Cash Erom Investing Activities: Cash Erom Financing Activities
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