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Please provided formulas/equations so i know how to solve for. thank you! Cash Flow Statement Amount Calculations - Chapter 14 End of year Beginning of
Please provided formulas/equations so i know how to solve for. thank you!
Cash Flow Statement Amount Calculations - Chapter 14 End of year Beginning of year Current year Income statement Balance sheet Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment, at cost Less: Accum. depreciation Net equipment Total assets 86,000 112,000 141,000 18,000 357,000 298,000 (100,000) 198,000 555,000 54,000 126,000 120,000 21,000 321,000 240,000 (76,000) 164,000 485.000 Change 32,000 (14,000) 21,000 (3,000) 36,000 58,000 (24,000) 34,000 70,000 800,000 (600,000) 200,000 (130,000) 70,000 Sales Cost of goods sold Gross profit Operating expenses Income from operations Other income & (expense): Interest expense Interest income Gain on sale of equipment Total other expense Income before taxes Income tax expense Net income (7,500) 2,000 4,500 (1,000) 69,000 (20,000) 49,000 Accounts payable Interest payable Dividends payable Total current liabilities Long-term debt Total liabilities Common stock Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities and equity 89,000 5,000 4,000 98,000 225,000 323,000 75,000 100,000 57 000 232,000 555,000 71,000 7,000 7,000 85,000 260,000 345,000 50,000 70,000 20 000 140,000 485,000 18,000 (2,000) (3,000) 13,000 (35,000) (22,000) 25,000 30,000 37 000 92,000 70.000 Statement of Cash Flows - Indirect Method Cash Flow from Operating Activities: Net cash flow from operating activies Cash Flow from Investing Activities: Net cash flow from investing activities Cash Flow from Financing Activities: Net cash flow from financing activities Net increase / (decrease) in cash Cash at beginning of year Cash at end of year Additional Question: What is the amount of free cash flow for this company for the yearStep by Step Solution
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