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Please help me with completely the partially prepared Cash Flow Statement given the information: THANK YOU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! MT 480 Unit 3 Case Study Smith Loan Review
Please help me with completely the partially prepared Cash Flow Statement given the information:
THANK YOU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
MT 480 Unit 3 Case Study Smith Loan Review Data for Teams Comparative Balance Sheets and Cash Flow Statement Worksheet ASSETS Cash and marketable securities 2017 2016 Did Cash Go Up or Down? S $ 33,411 $ $ 16,566 S 16,845 A/R went down (good or bad for cash?) Accounts Receivable S 260,205 S 318,768 S 58,563 Inventory S 423,819 S 352,740 S (71,079) $ S Other current assets Total Current Assets 41.251 758.686 29.912 S 717.986 (11.339) (40.700) S Plant Property and Equipment $ 1.512,675 $ 1.403,220 S (109,455) Goodwill and other assets Total Assets LIABILITIES AND EQUITY S 382.145 $ 2.653.506 S 412.565 S $ 2.533,771 30.420 (119.735) Accounts Payable S 378,236 S 332,004 S 46,232 Tages Payable Accrued income taxes Total Current Liabilities 14,487 7.862S S 21.125 S 16.815 S S S 413.848 S S 356.681 $ 6,625 4.310 57.167 Long-Term Debt: Bank Notes $ 679.981 $ 793.515 S (113,5342 Total Liabilities Total Common Equity Total Liabilities and Equity $ 1,093,829 $_1,559,677 $ 2.653.506 $ 1,150,196 $ 1,383,575 $ 2.533.771 (56,367) 176,102 119.735 In addition, it was reported that the company had a net income of $3,155,848 and depreciation expenses were equal to $212,366 Net Income Depreciation Dividends Paid $3,155,848 $212,366 $2,966,412Step by Step Solution
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