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You have put boontored a financiallyst for Bangton Industries fortunately company headouters (where all of the firm's records are kept) has been destroyed by fire.
You have put boontored a financiallyst for Bangton Industries fortunately company headouters (where all of the firm's records are kept) has been destroyed by fire. So, your first job will be to recreate the firm's cash flow statement for the year at ended. The firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash romaned constant dang the varit med 5 million in net income during the year but paid $750,000 in dividends to common shareholders. Throughout the year, the firm purchased 5.5 million of property, plant, and equipment the majority nga shule of more than 20 years and sing under the strative deprecation system. You have just spoken to the femnants and learned that ongeruse for the year is $400,000. The purchase price for the represents de property, plant, and woment before depreciation. Tavou have determined that the only financing done by the firm was to interm debe of $1 millontanterest rate. What was the firm's end-ofyear cash balance? Recreate the foms cath flow statement to eat you wwe Wieet your answer comletely. For me, 5 milion shod be entered a 5,000,000. Round your answer to
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