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preparation of the cash flow statement for each year You are given the following financial statements for Mydeco Corp from 2009 to 2013 inclusive: Income
preparation of the cash flow statement for each year
You are given the following financial statements for Mydeco Corp from 2009 to 2013 inclusive: Income Statements SMM Revenue Cost of goods sold Gross profit 2009 2010 2011 404 364 425 (188) (174) (206) 216 190 219 2012 511 (247) 264 2013 604 (293) 310 (67) Sales Administrations Depreciation EBIT (66) (83) (61) (59) (59) _(27) _(27) _(34) 61 38 42 (102) (66) _(38) 58 (121) (79) (39) 71 (37) 21 Interest expenses Pre tax income Income tax Net income (34) (33) (32) 27 5 10 (10) (2) |_(3) 17 3 7 (39) 32 (12) 20 14 55 55 55 55 55 Shares outstanding (MM) Dividend paid 5 5 5 5 5 Retained earnings 12 (2) 2 9 15 Balance Sheets (year end) $MM Cash Accounts receivable Inventory Total CA 2019 49 89 34 172 2010 69 70 31 170 2011 86 70 28 184 2012 77 77 31 185 2013 85 86 35 206 Plants & equipment 606 604 671 708 710 Total assets 778 774 855 893 916 Accounts payables Accurals Total CL 19 7 26 18 6 24 22 7 29 27 8 35 32 10 42 Long term debt Common equity 500 252 500 250 575 251 600 258 600 274 778 774 855 893 916 Total liability & equityStep by Step Solution
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