Question
Provide a statement of cash flows Balance Sheet Blazer Corporation 2017 and 2018 2018 2017 Assets Current Assets Cash 1101 2240 Accounts receivable, net 1049
Provide a statement of cash flows
Balance Sheet Blazer Corporation 2017 and 2018 |
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| 2018 | 2017 |
Assets | ||
Current Assets | ||
Cash | 1101 | 2240 |
Accounts receivable, net | 1049 | 1347 |
Short Term Investments | 2032 | 1681 |
Inventory | 5209 | 4864 |
Other Current Assets | 438 | 384 |
Total Current Assets | 9829 | 10516 |
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Non-Current Assets | ||
Property, plant, and equipment | 2421 | 2293 |
Goodwill | 425 | 425 |
Other Assets | 374 | 622 |
Total Non-Current Assets | 3220 | 3340 |
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Total Assets | 13049 | 13856 |
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Equity and Liabilities | ||
Current Liabilities | ||
Accounts payable | 2776 | 4984 |
Accrued income tax payable | 137 | 26 |
Accrued liabilities | 1878 | 1641 |
Current part of long-term debt | 544 | 44 |
Total Current Liabilities | 5335 | 6695 |
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Non-Current Liabilities | ||
Long term Debt | 1620 | 2025 |
Unredeemed gift liabilities | 385 | 427 |
Total Non-Current Liabilities | 2005 | 2452 |
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Equity | ||
Common Stock | 31 | 31 |
Retained Earnings | 5678 | 4678 |
Total Equity | 5709 | 4709 |
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Total Equity and Liabilities | 13049 | 13856 |
Income Statement Blazer Corporation 2017 and 2018 |
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| 2018 | 2017 |
Sales | 42151 | 39403 |
Investment and Other Income | 49 | 34 |
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Total revenue | 42200 | 39437 |
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Cost of goods sold | 32275 | 29963 |
Depreciation | 683 | 654 |
Income tax expense | 818 | 609 |
Interest expense | 75 | 72 |
Selling, general and administrative expense | 7349 | 6911 |
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Total expenditures | 41200 | 38209 |
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Profit after tax (Total Revenue-Total Expenditures) | 1000 | 1228 |
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