Question 15 (5 points) Listen Using the data in the tables below, compute Net Cash Flow from Operating Activities for Auburn Tangerine, Inc. for Year 2: Auburn Tangerine, Incorporated Balance Sheets for the Years Ending December 31. (All amounts are in dollars) Year 1 Year 2 Cash 16,200 17,600 Accounts receivable 97,200 96,800 Inventory 153,900 176,000 Total current assets 267,300 290,400 Gross fixed assets" 631,800 686,400 (Accumulated depreciation) (121,500) (132,000) Net fixed assets 510,300 554,400 Land 32,400 35,200 Total assets 810,000 880,000 Notes payable 24,300 17,600 Accounts payable 72,900 70,400 Accruals 8,100 26,400 Current portion of LT Debt 56,700 70,400 Total current liabilities 162,000 184,800 Long-term debt 178,200 184,800 Common stock 145,800 158,400 Paid in capital 40,500 44,000 Retained earnings 283,500 308,000 Total liabilities and equity 810,000 880,000 Additional Data from Company Income Statement(s): Sales in Year 2 = 1,753,000 Net income in Year 2 = 34,380 Record your answer as a dollar amount with no decimal places, but do not record a dollar sign or any commas. For example, record $10,280.38 as 10280. If your answer is a negative amount, put a hyphen before the number with no space between the number and the hyphen. For example, record negative 38 as -38. Question 16 (5 points) Listen Using the data in the tables below, compute Net Cash Flow from Operating Activities for Purple Scape, Inc. for Year 2: Purple Scape, Incorporated Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Year 1 Year 2 Cash 4.680 5,060 Accounts receivable 28,080 27,830 Inventory 44,460 50,600 Total current assets 77.220 83,490 Net fixed assets" 156,780 169,510 Total assets 234,000 253,000 Notes payable 7.020 5,060 Accounts payable 21,060 20,240 Accruals 2,340 7,590 Total current liabilities 30.420 32.890 Long-term debt 56.160 53.130 Common stock 49.140 58,190 Capital surplus 11,700 15,180 Retained earnings 86,580 93,610 Total liabilities and equity 234.000 253,000 Additional Data from Company Income Statement(s): Sales in Year 2 = 583,000 Net income in Year 2 = 9,180 Depreciation expense in Year 1 = 18,180 Depreciation expense in Year 2 = 22,120 Record your answer as a dollar amount with no decimal places, but do not record a dollar sign or any commas. For example, record $10,280.38 as 10280. If your answer is a negative amount, put a hyphen before the number with no space between the number and the hyphen. For example, record negative 38 as -38. Question 17 (5 points) Listen Using the data in the tables below, compute Net Cash Flow from Investing Activities for Purple Scape, Inc. for Year 2: Purple Scape, Incorporated Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Year 1 Year 2 Cash 4.680 5,060 Accounts receivable 28.080 27,830 Inventory 44.460 50,600 Total current assets 77,220 83,490 Net fixed assets* 156,780 169,510 Total assets 234.000 253,000 Notes payable 7,020 5,060 Accounts payable 21.060 20.240 Accruals 2.340 7,590 Total current liabilities 30,420 32,890 Long-term debt 56.160 53,130 Common stock 49.140 58,190 Capital surplus 11.700 15,180 Retained earnings 86,580 93,610 Total liabilities and equity 234.000 253,000 Additional Data from Company Income Statement(s): Sales in Year 2 = 590,000 Net income in Year 2 = 10,850 Depreciation expense in Year 1 = 18,380 Depreciation expense in Year 2 = 21,990 Record your answer as a dollar amount with no decimal places, but do not record a dollar sign or any commas. For example, record $10,280.38 as 10280. If your answer is a negative amount, put a hyphen before the number with no space between the number and the hyphen. For example, record negative 38 as -38. Your Answer: Question 18 (5 points) Listen Using the data in the tables below, compute Net Cash Flow from Investing Activities for Auburn Tangerine, Inc. for Year 2: Auburn Tangerine, Incorporated Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Year 1 Year 2 Cash 16,200 17,600 Accounts receivable 97,200 96,800 Inventory 153,900 176,000 Total current assets 267,300 290,400 Gross fixed assets" 631,800 686,400 (Accumulated depreciation) (121,500) (132,000) Net fixed assets 510,300 554,400 Land 32,400 35,200 Total assets 810,000 880,000 Notes payable 24,300 17,600 Accounts payable 72,900 70,400 Accruals 8,100 26,400 Current portion of LT Debt 56,700 70,400 Total current liabilities 162,000 184,800 Long-term debt 178,200 184,800 Common stock 145,800 158,400 Paid in capital 40,500 44,000 Retained earnings 283,500 308,000 Total liabilities and equity 810,000 880,000 Additional Data from Company Income Statement(s): Sales in Year 2 = 1,780,000 Net income in Year 2 = 29,510 Record your answer as a dollar amount with no decimal places, but do not record a dollar sign or any commas. For example, record $10,280.38 as 10280. If your answer is a negative amount, put a hyphen before the number with no space between the number and the hyphen. For example, record negative 38 as -38. Your Answer: Question 19 (5 points) Listen Using the data in the tables below, compute Net Cash Flow from Financing Activities for Crimson Penguin, Inc. for Year 2: Crimson Penguin, Incorporated Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Year 1 Year 2 Cash 19,300 16,080 Accounts receivable 30,880 20,100 Inventory 200,720 229,140 Total current assets 250,900 265,320 Gross fixed assets* 193,000 205,020 (Accumulated depreciation) (57,900) (68,340) Net fixed assets 135,100 136,680 Total assets 386,000 402,000 Notes payable 30,880 40,200 Accounts payable 69,480 76,380 Accruals 7,720 12,060 Total current liabilities 108,080 128,640 Long-term debt 54,040 28,140 Common stock 11,580 20,100 Capital surplus 115,800 124,620 Retained earnings 96,500 100,500 Total liabilities and equity 386,000 402,000 Additional Data from Company Income Statement(s); Sales in Year 2 = 761,000 Net income in Year 2 = 6,780 Record your answer as a dollar amount with no decimal places, but do not record a dollar sign or any commas. For example, record $10,280.38 as 10280. If your answer is a negative amount, put a hyphen before the number with no space between the number and the hyphen. For example, record negative 38 as -38. Your Answer: Question 20 (5 points) Listen Using the data in the tables below, compute Net Cash Flow from Financing Activities for Purple Scape, Inc. for Year 2: Purple Scape, Incorporated Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Year 1 Year 2 Cash 4.680 5.060 Accounts receivable 28.080 27,830 Inventory 44.460 50,600 Total current assets 77,220 83,490 Net fixed assets 156,780 169,510 Total assets 234.000 253.000 Notes payable 7,020 5,060 Accounts payable 21,060 20,240 Accruals 2,340 7,590 Total current liabilities 30.420 32,890 Long-term debt 56.160 53,130 Common stock 49.140 58,190 Capital surplus 11,700 15,180 Retained earnings 86,580 93,610 Total liabilities and equity 234.000 253,000 Additional Data from Company Income Statement(s): Sales in Year 2-502,000 Net income in Year 2 = 10,290 Depreciation expense in Year 1 = 18,330 Depreciation expense in Year 2 = 22,240 Record your answer as a dollar amount with no decimal places, but do not record a dollar sign or any commas. For example, record $10,280.38 as 10280. If your answer is a negative amount, put a hyphen before the number with no space between the number and the hyphen. For example, record negative 38 as -38. Your Answer: