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Please find the income statement amounts for year 1 and year 3. Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Checks
Please find the income statement amounts for year 1 and year 3.
Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Checks C1: NI - Dividends - Change in RE = 0 C2: Net cash flow - Change in cash = 0 C3: A - (L + E) = 0 Inputs Balance sheet Gross receivables [No allowance) Inventories Prepaid insurance or deferred insurance expense Net PP&E Deferred revenues Accounts payable to suppliers Accrued salaries or salary payable Tax payable Operating cash flows Cash received from customers Cash (paid) to suppliers of inventory Cash (paid) for salaries Cash (paid) for insurance Taxes (paid) Investing cash flow (Purchase of PP&E or capital expenditures) Financing cash flow Stock issued (Dividends) paid 30.00 55.00 93.00 266.00 55.00 27.00 70.00 10.08 160.00 31.00 74.00 256.00 65.00 35.00 166.00 13.04 315.00 108.00 117.00 277.00 72.00 19.00 278.00 10.72 1240.00 1345.00 1442.00 -200.00 -210.00 -290.00 -330.00 -402.00 -600.00 -350.00 -270.00 -367.00 -90.72 -127.44 -109.52 -400.00 -100.00 -110.00 500.00 -10.00 25.00 -11.00 35.00 -12.00 Year 1 Year 3 (THREE) Income Statement Make sure you read the pdf linked above Sales COGS [No - before the number.] Salary expense [No - before the number.] Insurance expense [No - before the number.] Depreciation expense [No - before the number.] Current tax expense [No deferred taxes; No - before the number.]Step by Step Solution
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