Help with Direct Cash flow statement, need to answer the gray shaded block sqaures on the direct cash flow statement using the provided balance sheet and income statement.
Casual Clothing $ Income Statement Net Sales Cost of Goods Sold Gross Profit Operating Expenses Depreciation Amortization Operating Profit Interest Expense Pre-Tax Earnings Taxes Net Earnings 2017 13,673,460 8,599,442 5,074,018 3,503,557 18,000 2,700 1,549,761 62,876 1,486,885 504,388 982,497 $ 2017 2016 Change Balance Sheet Current Assets Cash & Equivalents Inventory Acct. Receivable (net) Prepaid Operating Expenses Total Current Assets 8,794 94,153 25,700 35,103 163,750 $ 7,352 42,045 17,800 25,393 92,590 1,442 52,108 7,900 9,710 $ Noncurrent Assets PP&E, cost Less: Depreciation PP&E, net Land Investments Intangibles, net Total Assets 1,949,863 1,763,990 185,873 -123,000 -105,000 -18,000 1,826,863 1,658,990 167,873 2,279,946 1,458,832 821,114 615,722 414,725 200,997 9,780 6,700 3,080 4,896,061 $ 3,631,837 $ Liabilities & Shareholders' Equity Current Liabilities Notes Payable Current Maturities of LTD Accounts Payable Interest Payable Taxes Payable Total Current Liabilities Long Term Liabilities Long-term Debt Total Liabilities 779,904 176,884 603,020 250,000 350,000 -100,000 167,207 185,945 -18,738 384,209 351,710 32,499 17,824 26,263 -8,439 1,599,144 $ 1,090,802 $ 99,291 880,216 780,925 2,479,360 $ 1,871,727 $ Shareholders' Equity Common Stock ($.05 par value) Add'l Paid-in-Capital Retained Earnings Total Shareholders' Equity Liabilities & Shareholders' Equity 146,961 146,961 1,294,967 1,294,967 974,773 318,182 2,416,701 1,760,110 4,896,061 $ 3,631,837 0 0 656,591 $ Auto EU Module 5_Reed Partland Casual Clothing Assignment (Empty) Home Draw Page Layout Formulas Data Review View Tell me Share Comments X Cut Copy Calibri - 1 AA ab uno Text Custom Good Austury.O. Nora Normal Neural Callion Pasta Merge Cente Check cel Exploratory . Conditional Format Tarrating Tula Insert Delete Formal Sort & Fitur Find & Salt Ideas Sensitivity Yes NO Open recovered workbooks? Your recent changes were saved. Do you want to continue working where you left of? fx-62876 BS MN - V W 15.50 . B557 L wirection de the countrunerontepul-down and everheid dollar marted to calculateerd inhe Direct Cowener. Cich Collected from Customers are Cached - Suppliers have beencakul nied for you an. Canal Cutting Home Server Her Working Capital Adjustment Working Gear Best Name Direct Comiten Am ANTE Ant Aer: Ne NATE An 15,673 40 Account cevable Cast collons GCOGS 509 442 Iar SRI Accoarta Pemala (14,730 Cast Pald to Supplier Operating Cash Propos inte Carl Paldiarrer Galore 10 Castrotren Osters 11 12 12 14 15 16 17 18 JALAD 20 21 23 25 27 28 29 20 91 12 23 95 16 24 40 41 42 5 46 48 SO 51 52 Se 56 Sum of Retired Earnings Balance She Red Direct Cash Flow Red Incinect Cash Flow Casual Clothing Bulsh & Ine SI Casual Clothing Direct CFO Casual Clothing Indirect CF Ready 100%
