Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pictures should be better quality now, thank you. 1 Natalie King has completed the basic format to be used in preparing the statement of cash

image text in transcribed
image text in transcribed
Pictures should be better quality now, thank you. image text in transcribed
image text in transcribed
1 Natalie King has completed the basic format to be used in preparing the statement of cash flows indirect method) for CPU Hardware Designers. All amounts are in thousands (000) 375 OU NUCLE DESIGNERS Statement of Cash Flow For the year 2021 Cash flow free Berting Activities et in ents to remetent income to set can flows from operating Netch free servities Cathering activities care ng activities free civities In decrease in C belief the period what the the period 5(40.600) ZA $ 22.40 Below, in tancom order are in tems to be included in the statement of cash flows Cached the sale and preto Trace There are 1. s.co 10, I Iran 10,0 Net to choose who chuiflows and any decrease in case Enter your answer is thousand 1000000 should be 10.0001) CPU HARDWARE DESIGNERS Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities: 5 Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Canly at the beginning of the period Cash at the end of the period Natalie King has completed the basic format to be used in preparing the statement of cash flows (indirect method) for CPU Hardware Designers. All amounts are in thousands (000s). CPU HARDWARE DESIGNERS Statement of Cash Flows For the year ended December 31, 2021 Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from Investing activities Cash Flows from Financing Activities Net cash flows from financing activities fet increase (decrease) in cash Cash at the beginning of the period Cash at the end of the period $(49,600) 72,000 $ 22,400 Below, in random order, are line items to be included in the statement of cash flows Cash received from the sale of land (no gain or Loss) Issuance of common stock Depreciation expense Increase in accounts receivable Increase in accounts payable Los on sale of land Purchase of equipment Increase in inventory Increase in prepaid rent Payment of dividende Net Income eyment of notes payable $ 2,200 210,000 30.000 52,000 10,000 6,200 212,000 >2,000 10,000 37.00 62,000 4). Required Prepare the statement of cash flows for CPU Hardware Designers using the indirect method (List cash outflows and any decrease in couhos negative amounts. Enter your answers in thousands (le, 10,000,000 should be entered as "10,000).) Prepare the statement of cash flows for CPU Hardware Designers using the Indirect method (List cash outflows and any decrease in cash os negative amounts. Enter your answers in thousands (i.e. 10,000,000 should be entered as "10,000).) CPU HARDWARE DESIGNERS Statement of Cash Flows For the Year Ended December 31, 2027 Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities Net cash flows from operating activities Cash Flows from Investing Activities 0 Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the period Cash at the end of the period

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing And Edp Objective Questions And Explanations

Authors: Irvin N. Gleim, William A. Hillison

5th Edition

0917537521, 978-0917537523

More Books

Students also viewed these Accounting questions

Question

=+ (b) Do the same for p = 2.

Answered: 1 week ago