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Please use spain standars for accounting! Youssef CASH FLOW EXERCISE st... CASH FLOW STATEMENT EXERCISE provided the of the state ment and the show. preent

Please use spain standars for accounting! image text in transcribed

Youssef CASH FLOW EXERCISE st... CASH FLOW STATEMENT EXERCISE provided the of the state ment and the show. preent the figures for the balance sheet and the statement of cash from Yl to YS_ 1. The VAT rate is 20%. 2. OSO (Days Sale Outstanding) is 15. 3. opo payable is IS, VAT collectable every Quarter. 4. 5. Revenue and Other are su*t to VAT in full. 6. The Corporate Income ax is computed at end o' the rear nd the There are no payments on account COtporate tax. There are temporary or pemanent tax 9. The initial investment Plant and is and is subject to VAT _ 10 The annual depreciatirm PPE items iS 10%. P expenses in elude a Social Security payable by the 11 12 The withhohng computed and nts are 13 The withho"ing Social Security contributicm rate computed monthly and 14 The company is initially with its resources is of cataL bank if any, are repaid in 4 with i'"talments an annu* 16 The company pays of net profit in All paid or cone cted idiately due. 17 18 Figwes Me to the nearest nteger. so there are no o tt of balance Of cash you must form*s in tt Atirw P In.

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