Selected comparative financial statement data for DFRT inc.

Balance Sheet (En milliers de dollars)

Assets

Assets CT -Cash

- Accounts Receivable - inventories

- Prepaid Insurance

Total Assets CT Assets LT

- Building

- Land Total Assets LT Total de Assets

Laibilities

Laibilities CT

- Loan CT

- Accounts Payable - Taxes payable

- Notes Payable

Total de laibilities CT Laibilities LT

-Loan LT Total laibilities

Owner's Equity

- Capital

-Retained earnings

Total laibilities and Owners Equity

2017

8 346 70456 124589

759

140 425 16 256

5263

57651

3256

12458

78 628 86579

60 000 135 624

360 831

2018

10 256

76 548 120 856 1025

145 856 12 748

4256

62513

4236

14632

85637

66174

60 000 155 478

367289

3

Net Sales

Gross profit

Selling, general, and administ Profit before income tax Income tax

Profit

1- Calculete the ratios , Explain ? 1- Current Ratio

2- Debt to total Assets 3-Gross profit Margin

Statement of Net income 2017

535 965

84 562

5324

2018

823654

93254

28513

Cost of Sales

412563

512865

4- Profit Margin

5- Earnings per Shar ( Number of common shares : 14 000 )

Exercise 4

The Big and Fast company provides the following information about its activities in the year 2018.

Treasury stock purchased: $25,000 Inventory purchased: $213,000 Land sold: $70,000

4

Machinery purchased: $143,000 Common stock issued: $126,000

Compute net cash provided/used by investing activities

Exercise 5

The following activities were performed by L&M corporation during the year 2018. Treasury stock purchased: $44,000

Accounts payable paid: $526,000

Note receivable collected: $35,000

Dividends paid: $186,000

Bonds payable issued: $356,000 Common stock issued: $125,000

Compute net cash provided/used by financing activities

Exercise 6:

The Meta company uses indirect method for preparing its statement of cash flows. It reported a net income of $250,000 for the year 2018.

During the year 2016, the working capital accounts were changed as follows: Decrease in accounts receivable: $45,000

Decrease in accounts payable: $36,600

Increase in inventory: $56,800

The depreciation expense was $66,000 for the year 2018.

Compute net cash provided (used) by operating activities using indirect metho

Exercise 7

Prepare statement of cash flows,using the exercise 4,5.6 and cash beginning: 12 000 $

what type information needed