The first sheet is solved using the indirect method, using that sheet complete the second sheet with direct method (data available in the first tab)
with answers WITHOUT (2) Sheet3 Martinez Inc Statement of Cash Flows For the Year Ended December 31, 2074 Cash flows from operating activities: Net income Add depreciation Deduct Gain Increase A Rec change Inventory change A Phy change accrued exp 558.960 113.100 -156.000 -78.240 -30.600 113.400 -11.400 509.220 Net cash flow from operating activities Cash flows from investing activities: Cash received from sale of investments Cash used to buy land Cash used to buy equipment Net cash flow used for investing activities 588.000 -960.000 -240.000 -612.000 600.000 -518.400 Cash flows from financing activities: Cash received from sale of common stock Cash paid for dividends Net cash flow from financing activities Decrease in cash Cash at the beginning of the year Cash at the end of the year 81.600 -21.180 683.100 661.920 with answers WITHOUT (2) Sheet3 Martinez Inc Statement of Cash Flows For the Year Ended December 31, 2014 Cash flows from operating activities: Cash received from customers Net cash flow from operating activities Cash flows from investing activities: Cash received from sale of investments Cash used to buy land Cash used to buy equipment Net cash flow used for investing activities Cash flows from financing activities: Net cash flow from financing activities in cash Cash at the peginning of the year Cash at the end of the year with answers WITHOUT (2) ( Sheet3 DIVIDNDS PAYABLE 91.200 Beg Bal Credit card 1-dic 1000 Dec Purchases 4000 518400 528000 Credit card 15-gen 2000 100.800 Ending Bal with answers WITHOUT (2) Sheet3 Martinez Inc Statement of Cash Flows For the Year Ended December 31, 2074 Cash flows from operating activities: Net income Add depreciation Deduct Gain Increase A Rec change Inventory change A Phy change accrued exp 558.960 113.100 -156.000 -78.240 -30.600 113.400 -11.400 509.220 Net cash flow from operating activities Cash flows from investing activities: Cash received from sale of investments Cash used to buy land Cash used to buy equipment Net cash flow used for investing activities 588.000 -960.000 -240.000 -612.000 600.000 -518.400 Cash flows from financing activities: Cash received from sale of common stock Cash paid for dividends Net cash flow from financing activities Decrease in cash Cash at the beginning of the year Cash at the end of the year 81.600 -21.180 683.100 661.920 with answers WITHOUT (2) Sheet3 Martinez Inc Statement of Cash Flows For the Year Ended December 31, 2014 Cash flows from operating activities: Cash received from customers Net cash flow from operating activities Cash flows from investing activities: Cash received from sale of investments Cash used to buy land Cash used to buy equipment Net cash flow used for investing activities Cash flows from financing activities: Net cash flow from financing activities in cash Cash at the peginning of the year Cash at the end of the year with answers WITHOUT (2) ( Sheet3 DIVIDNDS PAYABLE 91.200 Beg Bal Credit card 1-dic 1000 Dec Purchases 4000 518400 528000 Credit card 15-gen 2000 100.800 Ending Bal
