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Hi! Can you please help me calculate operating cash flows, investing cash flows, financing cash flows, and how much the actual cash account changed over
Hi!
Can you please help me calculate operating cash flows, investing cash flows, financing cash flows, and how much the actual cash account changed over time?
Instructions: Please use the indirect method to prepare a statement of Cash Flows on your scratch paper based on the following Income Statement, Balance Sheet, and Additional Information shown below to answer this question and the three (3) questions: Question: Based on the Statement of Cash Flows you prepared on your scratch paper, what is the amount of the Operating cash flows? Income Statement UCF Bicycle Vending Machine Company For Perted Ending December 31, 2017 1.000.000 750,000 250.000 Revue Cost of goods sold Gross Pro Expenses Depreciation Expense Sales, General & Aditive Expenses Total Expenses Operating Income Gain on sale of Equipment Netcome 25.000 80.000 105.000 145.000 170.000 Balance Sheet UCF Beyele Vending Machine Company December 31, 2018 Curret Year Prior Year Change Assets CA Ch Accounts Receivable Inventory Long-term Assets Equipment Total Assets 175.000 140.000 330,000 190.000 125.000 (10.000 30,000 450,000 (50.000 900.000 1.000.000 (148.000 155.000 225.000 300.000 200.000 50.000 25.000 (25.000) Listed Stock Equity Current Liabilities Accounts Payable Deferred Reve Waraty Payable Long-term Libilities Long-term Debe Stockholders' Equity Common Stock Retained in Total Libilities and Stockholders' Equity 300,000 250.000 150.000 100.000 240.000 100.000 1.095.000 1.000.000 50.000 140.000 * $50.000 of equipment was sold for cash during the year. ** New 550.000 notes payable was signed in exchange for cash during the year ***New stock was issued during the year for each in the mount of $50.000 ***Dividends paid the year equaled $30,000Step by Step Solution
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