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Problem 2-30 Statement of Cash Flows (LG2-5) 2021 2020 Use the balance sheet and income statement below. VALTON'S MEDICAL SUPPLY CORPORATION Balance sheet as of
Problem 2-30 Statement of Cash Flows (LG2-5) 2021 2020 Use the balance sheet and income statement below. VALTON'S MEDICAL SUPPLY CORPORATION Balance sheet as of December 31, 2021 and 2020 in thousands of dollars) Maste 2021 2020 Liabilities and Equity Current as Current liabilities Cash and marketable curities 09 . BE Acered wage and takes Accounts receivable 203 Accounts payable Toventory 320 300 Notes payable Total $ 625 594 Total Mixed oss Long-ter debt Grose plant and quiet $1,124 916 stockholders' equity L Accumulated depreciation 10 170 Preferred to 6 thousand hates) Net plant and equipoest $ 900 1786 Commonsi and paid in splox (100 thousand shares) Other long-term asta 160 160 Nata ed earning Total 51.112 1954 Total Totalt $1,73 $1,540 total liabilities and equity 198 $ 64 266 100 370 5 50 150 148 5364 590 $ 6 120 567 $ 120 46 $ 554 $1,540 $1,737 VALIUMIS MEDICAL SUPPLY CORPORATION Income Statement for Years Ending December 31, 2021 and 2020 (in thousands of dollars) 2021 2020 Net sales S 926 S 836 Less: Cost of goods sold 406 369 Gross profits 520 $467 Less: Other operating expenses 64 58 Earnings before interest, taxes, depreciation, and amortization (EBITDA) S 456 $ 409 Less: Accumulated depreciation 50 48 Earnings before interest and taxes (EBIT) $ 406 $361 Less: Interest 65 59 Earnings before taxes (EBT) $ 341 $ 302 Less: Taxes 63 Net income $ 269 $ 239 Less! Preferred stock dividends S $ 6 Net income available to common stockholders $ 263 $ 233 Less: Common stock dividends 164 164 Addition to retained earnings $ 99 $ 69 Per common) share data: Earnings per share (EPS) S2.63 $ 2.33 Dividends per share (DPS) $1.64 $1.64 Book value per share (BVPS) $ 687 $5.88 Market value (price) per share (MVPS) S2.90 $636 72 6 Prepare a statement of cash flows for Valium's Medical Supply Corporation (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows for Your Ending December 31, 2021 (In thousands of dollars) Cash flows from operating activities Additions (sources of cash): Subtractions (uses of cash) Net cash flow from operating activities Cash flows from Investing activities Subtractions: Net cash flow from investing activities Cash flows from financing activities Additions Subtractions Net cash flow from financing activities Nat change in cash and marketable securities $(105) $ 1
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