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there are 3 different quiestions with multiple pictures pleas scroll and answer all 3 problems thank you! #1 #2 #3 Fitz Company reports the following
there are 3 different quiestions with multiple pictures pleas scroll and answer all 3 problems thank you! #1 #2 #3 Fitz Company reports the following information. Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended De: (Amounts to be deducted should be Indicated with a minus sign.) [The following information applies to the questions displayed below] The following financial statements and additional information are reported. Additionel Information 0. A $30.000 notes payable is retired at its $30.000 carrying (book) value in exchan for cash. b. The only changes affecting retained earnings are net income and cash dividends dajd. c. New equipment is acquired for $63.600cash. d. Received cash for the sale of equipment that had cost $54,600, yielding a $2,600gain. e. Prepaid Expenses and Wages Payable relate to Operating Expenses on the income statement. 1. All purchases and sales of inventory are on credit. Requlred: (1) Prepare a statement of cash flows using the indirect method for the year ended June 30, 2021. (Amounts to be deducted should be Indicated with o minus sign.) The following financial statements and additional information are reported. S 30.000 notes payable is retired at its $30.000 carrying (book) value in exchange for cash. b. The only changes affecting retained earnings are net income and cash dividends paid. c. New equipment is acquired for $63,600 cash. d. Received cash for the sale of equipment that had cost $54,600, yielding a $2.600 gain. c. Prepaid Expenses and Wages Payable relate to Operoting Expenses on the income statem. f. All purchases and sales of inventory are on credit. Adelitionel Informetion a. A $30,000 notes payable is retired at its $30,000 carrying (book) value in exchange for cash. b. The only changes affecting retained earnings are net income and cash dividends paid. c. New equipment is acquired for $63,600 cash. d. Recelved cash for the sale of equipment that had cost $54.600.ylelding a $2.600gain. c. Prepaid Expenses and Wages Payable relate to Operating Expenses on the income statement. 1. All purchases and sales of inventory are on credit. (2) Compute the company's cash fiow on total assets ratio for its fiscai year 2021
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