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helllo! i need help figuring out this managerial accouting! i need to fill all the blanks! i keep getting stuck! any help? Operating Activities Class

helllo! i need help figuring out this managerial accouting! i need to fill all the blanks! i keep getting stuck! any help? image text in transcribed
image text in transcribed
Operating Activities Class Full Problem Full Cash Flow Stmt- Prepare a State of Cash Flow The following is Folex Company's income statement and balance sheet in millions): Additions to Net Income crease in t he Deactionrm Net Income Increase Incri tory Inci paidats Decreased counts payable Decrease accrued liabilities 3750 450 $300 100 5200 15 Decin paidat Increase accounts payable Increase in accrued liabilities Cash Flow From Operating Activities Net Income $185 $110 Net Cash Provided by Operating Activities Cash Flows From Investing Activities Income Statement For the Year Ending 12/31/12 Sales Cost of goods sold Gross profit Operating expenses Income before interest and taxes Interest expense Income before taxes Income tax expense Net income Balance Sheet December 31 2012 Cash Accounts receivable Inventory Prepaid insurance Total current assets Property and equipment 1.250 Accumulated depreciation (175 Total property and equipment Total assets Accounts payable Income taxes payable Total current abilities Bonds payable Totabilities Common stock Retained aming Total stockholders' equity Total liabilities and stockholders' equity 51.522 225 Net Cash Used in Investing Activities Cash Flows from Financing Activites #F | # ## Net Cash Provided by Financing Activities Net increderea in Cash Cash at r of the year Cash af fod the war View PDE Operating Activities Class Full Problem Full Cash Flow Stmt- Prepare a Statement of Cash Flows Using the Indirect Method The comparative balance sheet for Two Kicks Company is as follows: Increase in accounts payable counts payable Cash Flow From Operating Activities Add back Depreciation Comparative Balance Sheets at 12/31 2012 2011 Cash and cash equivalents $ 65,000 $ 45,000 Accounts receivable 50,000 55,000 Inventory 125,000 175.000 Property and equipment 930,000 745,000 Accumulated depreciation (270,000) 1200,000) Total assets $ 900,000 $ 820,000 View PDE Net Cash Provided by Operating Activities Cash Flows From Investing Activities Net Cash Used in Investing Activities Cash Flows from Financing Activites Net Cash Pr Accounts payable Bonds payable (long-term) Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 110,000 180,000 290,000 350,000 260,000 610,000 $ 105,000 200,000 305,000 280,000 235,000 515,000 Chat beginning of the year Cash at end of the year $ 900,000 $ 820,000 Beg RE plus NI View PDE The following additional information is available: a Net income for 2012 was $50,000 b. Cash dividends of $25,000 were paid during the year. c. A portion of outstanding bonds matured and were redenied for cash by the bondholders. No sew beeds were issued during the year. d. Common stock was issued for cash Property and equipment were purchased for cash. No long-term assets are sold during the year - The change in accumulated depreciation is a result of depreciation expense. Required Prepare a complete statement of cash flows for the year using the indirect method for the operating activities

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