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***The name "Supplement" is replaced with "Minerals"

Score: 0.2 of 1 pt 4 of 7 (7 completo) HW Score: 31.03%, 3.1 of 10 pts E16-21 (similar to) Question Help The income statement and addisonal data of Minerals Plus, Inc. follows Click the icon to view the income statement (Click the icon to view the additional data.) Prepare Minerals Plus's statoment of cash flows for the year anded September 30, 2018, using the Indirect method. Indude a separate section for non-cash Investing and financing activities Complete the statement one section at a tima, beginning with the cash flows from operating activities. (Use a minun sign or parenthason for amounts that roault in a decrease in canh ta box is not used in the statement, leave the box empty, do not select a label or enterrero) Minerals Plus, Inc. Statement of Cash Flows Year Ended September 30, 2018 Cash Flows from Operating Activities Net Income Adjustments to Reconcile Net Income to Net Cash Provided by used for) Operating Activities Net Cash Provided by used for Operating Activities Choose from any it or enter any number in the input fields and then click Check Answer, parts remaining Clear All Check Answer Save Homework: Chapter Sixteen Homework Score: 0.2 of 1 pt 4 of 7 (7 complete HW Score: 31.03%, 3.1 of 10 pts Data Table More Info Minerals Plus, Inc Income Statement Year Ended September 30, 2018 Net Sales Revenue 239.000 95.000 143,000 $ Cost of Goods Sold Gross Profit Operating Expenses Salaries Expense Depreciation Expense-Plant Assets Total Operating Expenses Net Income Before Income Taxes Income Tax Expense 51.000 24.000 Acquisition of plant assets is $110,000 of this amount S100,000 is paid in cath and 518,000 by signing a note payable b. Cash receipt from sale of and totals $21,000. There was no gain or loss. c. Cash receipts from issuance of common stock total $34.000 d. Payment of note payable is $17,000 e. Payment of dividends is $10,000 From the balance sheet: September 30 2018 2017 Cash $ 40,000 $ 5,000 Accounts Receivable 37.000 54,000 Merchandise Inventory 97.000 95.000 Land 83,000 104,000 Plant Assets 178,000 60,000 Accumulated Depreciation (44.000) (20.000) Accounts Payable 37,000 22,000 Accrued Liabilities 20.000 20.000 Notes Payable long-term) 18.000 17,000 Common Stock, no par 48.000 14.000 Retained Earnings 268.000 219,000 75,000 38.000 0,000 $ 59,000 Net Income Print Done Net Cam Provided by (wed for Operating Activities Choose from any lot or enter any number in the input fields and then click Check Print Done 3 parts remaining Clear All Check Answer The Income statement and additional data of Supplements Plus, Inc. follows: Click the icon to view the income statement) Click the icon to view the additional data) Prepare Supplements Plus's statement of cash flows for the year ended September 30, 2018, using the Indirect method, Include a separate section for non-cash investing and financing activities Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentnoses for amounts that result in a decrease in cash. Ita box is not used in the statement, leave the box empty do not select a label or enter a zero) Supplements Plus, Inc Statement of Cash Flows Year Ended September 30, 2018 Cash Flows from Operating Activities Net Income Adjuntment to Reconcile Not Income to Net Cash Provided by (Uved for) Operating Activities Depreciation Expense Plant Assets Decrease in Accounts Receiva Increase in Merchandise inventory Increase in Accounts Payable Decrease in Acarved Liabilities Net Cash Provided by (Uned for Operating Activities Cash Flows from westing Activities Choose from any intor enter any number in the input fields and then click Check Answer All parts showing Clear All Check Answer The income statement and additional data of Supplements Plus, Inc. follows m Click the icon to view the income statement.) Click the icon to view the additional data.) Prepare Supplements Pluss statement of cash flows for the year ended September 30, 2018, using the Indirect method. Include a separate section for non-cash investing and financing activities Cash Flows from Investing Activities Cash Payment for Acquisition of last Assets Cash Receipt from Sale of Land Net Cash Provided by (Used for) investing Activities Cash Flows from Financing Activities: Cash Receipt from Issuance of Common Stock Cash Payment of Notes Payable Cash Payment of Dividends Net Cash Provided by (ted for Financing Activities Net Increase (Decrease in Cash Cash Balance September 30, 2017 Cash Balance, September 30, 2018 Non-cash investing and Financing Activities Score: 0.2 of 1 pt 4 of 7 (7 complete HW Score: 31.03%, 3.1 of 10 pts E16-21 (similar to) Question Help The income statement and additional data of Supplements Plus, Inc. follows: Cick the icon to view the income statement) Click the loon to view the additional data) Prepare Supplements Plus's statement of cash flows for the year anded September 30, 2018, using the Indirect method. Include a separate section for non cash investing and fruncing activities Cash Payment for Acquisition of Plant Assets Cash Receipt from Sale of Land Net Cash Provided by (Used for investing Activities Cash Flows from Financing Activities Cash Receipt from issuance of Common Stock Cash Payment of Notes Payable Cash Payment of Dividende Net Cash Provided by (Used for) Francing Activities Not fecrease (Decrease in Cash Cash Blanco, September 30, 2017 Cash Balance, Gerber 30, 2018 Non cash investing and Financing Resition et rart asets by sung Note Payable Total Non can investing and Financing Alle This question is completo. Move your cursor Over or tap on the red arrows to see incorrect answer All parts showing Sim