help w #6 please

CHAPTER CASE Cash Flows and Financial Statements at Sunset Boards, Inc. 2012 5224359 3203.28 32.372 34.94 63,334 71,584 12,783 15.750 44.121 Cost of goods sold Depreciation were expense Selling and the Accounts payable Netfeeds Sale Accounts receivable Notes payable Long-term der wentory New equity 57.220 63.479 279,419 348.50 440,122535403 22,939 29,758 26.079 28.474 141,040 150.300 48.272 66.244 0 27.157 Boards mal company that manufactures onger of the company is in charge of the design and sale of the surfboards, but the background is in surfing not business. As a result, the company's financial recorder not well maintained The intent in Sunset Board was pro vided by the and his brands and family because the in Halmstart writively and the company Mas made surfboards only for its own store, the investors hovet required dested financial statements from Todd But thanks to word of mouth among professional surf en sales have picked up recent and Tod is consider mg amo esponto His plans include opening another surfboard store in Hawa, as well as supplying surferlingo for board to other des Todo los require a significant invest ment which the plans to finance with a combination of adational funds to outsiders plus some money bor rowed from banks Naturally, the new investors and creditors require more organized and detailed financial test Tod has previously prepared. At the uring of investors Tod has hired financial analyst Jameson Rold to evaluate the performance of the com pany over the past year After rooting through old bank statementales o C, tax returns, and other recordameson sembled the following information Sunset Boards currently pays out 50 percent of net income as dividends to Tad and the other original inves tors and has a 21 percent tax rate. You are Jameson's assistant and he has asked you to prepare the following 1 An income statement for 2018 and 2010 2. A balance sheet for 2018 and 2019 3 Operating cash flow for each year, 4 Cash flow from assets for 2019 Cash flow to creditors for 2010 Cash flow to stockholders for 2019 CHAPTER CASE Cash Flows and Financial Statements at Sunset Boards, Inc. 2012 5224359 3203.28 32.372 34.94 63,334 71,584 12,783 15.750 44.121 Cost of goods sold Depreciation were expense Selling and the Accounts payable Netfeeds Sale Accounts receivable Notes payable Long-term der wentory New equity 57.220 63.479 279,419 348.50 440,122535403 22,939 29,758 26.079 28.474 141,040 150.300 48.272 66.244 0 27.157 Boards mal company that manufactures onger of the company is in charge of the design and sale of the surfboards, but the background is in surfing not business. As a result, the company's financial recorder not well maintained The intent in Sunset Board was pro vided by the and his brands and family because the in Halmstart writively and the company Mas made surfboards only for its own store, the investors hovet required dested financial statements from Todd But thanks to word of mouth among professional surf en sales have picked up recent and Tod is consider mg amo esponto His plans include opening another surfboard store in Hawa, as well as supplying surferlingo for board to other des Todo los require a significant invest ment which the plans to finance with a combination of adational funds to outsiders plus some money bor rowed from banks Naturally, the new investors and creditors require more organized and detailed financial test Tod has previously prepared. At the uring of investors Tod has hired financial analyst Jameson Rold to evaluate the performance of the com pany over the past year After rooting through old bank statementales o C, tax returns, and other recordameson sembled the following information Sunset Boards currently pays out 50 percent of net income as dividends to Tad and the other original inves tors and has a 21 percent tax rate. You are Jameson's assistant and he has asked you to prepare the following 1 An income statement for 2018 and 2010 2. A balance sheet for 2018 and 2019 3 Operating cash flow for each year, 4 Cash flow from assets for 2019 Cash flow to creditors for 2010 Cash flow to stockholders for 2019