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This extra credit focuses on creating a cash flow statement from business tax returns and calculating the debt service coverage ratio. The PDF contains the
This extra credit focuses on creating a cash flow statement from business tax returns and calculating the debt service coverage ratio. The PDF contains the tax forms needed. There are multiple worksheets associated with different tax forms containing the information needed. Not all tax items that appear in each worksheet are used in every case, so you will leave blank or put a zero for those items. With the exception of two items, the cash flow statement and the debt service coverage ratio worksheets will fill automatically from the entries you made in the other worksheets. The two exceptions are interest expense and dividend payments. You will need to refer to the form and line referenced on these two worksheets.
Tax 2019 form.