The income statement and additional data of Bamaty Travel Products, Inc., follow 1. Click the icon to view the income statement) (Click the icon to view the additional data) Requirements 1. Prepare Barnaby's statement of cash flows for the year ended December 31, 2018, using the indirect method. 2. Evaluate e company's cash flows for the year. In your evaluation, mention all three categories of cash rows and give the tationale for your evaluation, Requirement 1. Prepare Barnaby's statement of cash flows for the year ended December 31, 2018. Using the indtreet method Start by completing the cash flows from operating activities. The complete each section of the statement of cash flows, including the noncash investing and financing cute. Le parut for a net decrease in cash) Barnaby Travel Products, Inc. Statement of Cash Flows (Indirect Method) Year Ended December 31, 2018 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by used for) operating activities Acquisition of plant assets Decrease in accounts receivable Depreciation Increase in accounts payable Increase in accrued liabilities Decrease in inventory Increase in prepaid expenses Net income Payment of dividends Payment of long-term note payable on to view the additional data) 1 December 31, 2018, using the direct metod wion, mentionate categories of shows and there to you Ri Decrease in accounts receivable 2 Depreciation Increase in accounts payable Increase in accrued liabilities Decrease in inventory Increase in prepaid expenses Net income Payment of dividends Payment of long-term note payable Proceeds from issuance of common stock Proceeds from sale of land Net cash provided by used for) investing activities Cash flows from financing activities Net cash provided by used for) financing activities Net Increase (decrease) In cash Cash balance, December 31, 2017 Cash balance, December 31, 2018 Noncash investing and financing activities: Requirement 2. Evaluate Bamaby's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the story Barnaby's cash flows look are the main source of cash. The company invested in now All of these signs are Net cash provided by (used for) investing activities Acquisition of plant assets by issuing a note payable Cash receipt from issuance of common stock Payment of dividends Payment of note payable Proceeds from sale of land Requirement 2. Evaluate Barnaby's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the Barnaby's cash flows look are the main source of cash. The company invested in new assets Net cash provided by used for) financing activities Net increase (decrease) in cash Cash balance, December 31, 2017 Cash balance, Decembe Noncash investing and strong OS: weak Requirement 2. Evaluate ! ws for the year. In your evaluation, mention all three categories of cash Barnaby's cash flows look are the main source of cash. The company invested in new All of these signs Net cash provided by used for) financing activities Net Increase (decrease) In cash Cash balance, December 31, 2017 Cash balance, December 31, 2018 Financing activities Noncash investing and financing Investing activities Operating activities Requirement 2. Evaluate Barnaby's evaluation mation all the categories of cash fows and get V Barnaby's cash flows look are the main source of cash The company in All of these Net cash provided by used for financing activities Net increase (decrease) in cash issuing notes payable to acquire plant assets issuing stock, paying dividends, and making payments on a long-bim note payable purchasing treasury stock and issuing a note payable w All of the ivities IN favorable rationale for your unfavorable year. In your evaluation, mention all three categories are the main source of cash. The company investe All of these signs are 9 but was required to borrow the entire purchase price without having to borrow the entire purchase price The financing transaction Tcash flows and The income statement and additional data of Bamaty Travel Products, Inc., follow 1. Click the icon to view the income statement) (Click the icon to view the additional data) Requirements 1. Prepare Barnaby's statement of cash flows for the year ended December 31, 2018, using the indirect method. 2. Evaluate e company's cash flows for the year. In your evaluation, mention all three categories of cash rows and give the tationale for your evaluation, Requirement 1. Prepare Barnaby's statement of cash flows for the year ended December 31, 2018. Using the indtreet method Start by completing the cash flows from operating activities. The complete each section of the statement of cash flows, including the noncash investing and financing cute. Le parut for a net decrease in cash) Barnaby Travel Products, Inc. Statement of Cash Flows (Indirect Method) Year Ended December 31, 2018 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by used for) operating activities Acquisition of plant assets Decrease in accounts receivable Depreciation Increase in accounts payable Increase in accrued liabilities Decrease in inventory Increase in prepaid expenses Net income Payment of dividends Payment of long-term note payable on to view the additional data) 1 December 31, 2018, using the direct metod wion, mentionate categories of shows and there to you Ri Decrease in accounts receivable 2 Depreciation Increase in accounts payable Increase in accrued liabilities Decrease in inventory Increase in prepaid expenses Net income Payment of dividends Payment of long-term note payable Proceeds from issuance of common stock Proceeds from sale of land Net cash provided by used for) investing activities Cash flows from financing activities Net cash provided by used for) financing activities Net Increase (decrease) In cash Cash balance, December 31, 2017 Cash balance, December 31, 2018 Noncash investing and financing activities: Requirement 2. Evaluate Bamaby's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the story Barnaby's cash flows look are the main source of cash. The company invested in now All of these signs are Net cash provided by (used for) investing activities Acquisition of plant assets by issuing a note payable Cash receipt from issuance of common stock Payment of dividends Payment of note payable Proceeds from sale of land Requirement 2. Evaluate Barnaby's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the Barnaby's cash flows look are the main source of cash. The company invested in new assets Net cash provided by used for) financing activities Net increase (decrease) in cash Cash balance, December 31, 2017 Cash balance, Decembe Noncash investing and strong OS: weak Requirement 2. Evaluate ! ws for the year. In your evaluation, mention all three categories of cash Barnaby's cash flows look are the main source of cash. The company invested in new All of these signs Net cash provided by used for) financing activities Net Increase (decrease) In cash Cash balance, December 31, 2017 Cash balance, December 31, 2018 Financing activities Noncash investing and financing Investing activities Operating activities Requirement 2. Evaluate Barnaby's evaluation mation all the categories of cash fows and get V Barnaby's cash flows look are the main source of cash The company in All of these Net cash provided by used for financing activities Net increase (decrease) in cash issuing notes payable to acquire plant assets issuing stock, paying dividends, and making payments on a long-bim note payable purchasing treasury stock and issuing a note payable w All of the ivities IN favorable rationale for your unfavorable year. In your evaluation, mention all three categories are the main source of cash. The company investe All of these signs are 9 but was required to borrow the entire purchase price without having to borrow the entire purchase price The financing transaction Tcash flows and
