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Problems: 4 . Statement of Cash Flows ( 7 0 points ) Green Mountain Brew, Inc Balance Sheets 2 0 2 3 2 0 2
Problems: Statement of Cash Flows points Green Mountain Brew, Inc Balance Sheets Assets: Cash and cash equivalents $ $ Receivables Inventory Prepaid expenses Current Assets Investments Equipment Accumulated depreciation Land Total Assets $ $ Liabilities and Stockholders' Equity: Accounts payable Accrued expenses Current portion of longterm debt Current Liabilities Longterm debt Common stock Treasury stock Retained earnings Total Liabilities and Stockholders Equity $ $ Green Mountain Brew, Inc. Income Statement Revenues $ Cost of Goods Sold Selling, General & Administrative expenses Gain on sale of investments Loss on sale of land Pretax income Income tax expense Net income $ Analysis: No investments or land was purchased in No equipment was sold in Depreciation expense of $ in included in Cost of Goods Sold and SG&A expense. Cash dividends of $ were declared and paid in Required: Provide a Statement of Cash Flows Green Mountain Brew, Inc. for Why did you add or deduct the change in Inventory and the change in Accounts Payable?
Problems:
Statement of Cash Flows points
Green Mountain Brew, Inc
Balance Sheets
Assets:
Cash and cash equivalents $ $
Receivables
Inventory
Prepaid expenses
Current Assets
Investments
Equipment
Accumulated depreciation
Land
Total Assets $ $
Liabilities and Stockholders' Equity:
Accounts payable
Accrued expenses
Current portion of longterm debt
Current Liabilities
Longterm debt
Common stock
Treasury stock
Retained earnings
Total Liabilities and Stockholders Equity $ $
Green Mountain Brew, Inc.
Income Statement
Revenues $
Cost of Goods Sold
Selling, General & Administrative expenses
Gain on sale of investments
Loss on sale of land
Pretax income
Income tax expense
Net income $
Analysis: No investments or land was purchased in No equipment was sold in Depreciation expense of $ in included in Cost of Goods Sold and SG&A expense. Cash dividends of $ were declared and paid in
Required:
Provide a Statement of Cash Flows Green Mountain Brew, Inc. for
Why did you add or deduct the change in Inventory and the change in Accounts Payable?
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