Attachment # 00005776 - MT480_u3_team_worksheets_(2).xlsx
MT480_u3_team_worksheets_(2).xlsx (41.1 KB)
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Complete the 2014 Cash Flow StatementA. Calculate the net cash provided by operating activities for the statement of cash flows.B. What is the net cash used in investing activities?C. Compute the net cash used by financing activities.Bob Smith Inc.Statement of Cash Flows December 31, 2014You need to figure cash flows for:OPERATING ACTIVITIESAccounts receivableNet incomeInventoryAdditions (Sources of Cash)Property- plant and equipmentDepreciation and amortizationLong-term debtIncrease in accounts payableDecrease in accounts receivableYour WorkIncrease in accrued income taxesSubtractions (Uses of Cash)Increase in other current assetsIncrease in inventoryYour WorkNet cash: Operating activitiesA. SubTotalLONG-TERM INVESTING ACTIVITIESIncrease in property and equipmentYour WorkDecrease in goodwill and other assetsAAANet cash: Long Term Investing activitiesMT 480 Case Study Bob Smith Loan Review Data for TeamsB.Sub TotalStatement of Cash Flows YE 2011Statement of Cash Flows Worksheet December 31, 2014FINANCING ACTIVITIESIncrease in notes payableDecrease in long-term debtYour WorkPayment of cash dividendsPurchase of treasury stockNet cash: Financing activitiesASSETSCash Up or DownCash and marketable securities$$Not NeededAccounts receivable$$Inventory$$Other current assets$C. Sub TotalCash and securities at the beginning of the yearNet Cash from Above: Net Income , Depreciation, A B, & C$Total current assets$Total = Proof$Not NeededPlant and equipmentCash and securities at the end of the year2011 Cash-$$Less: Accumulated depreciation$$Not NeededNet plant and equipment$$Goodwill and other assets$$Not NeededTotal Assets$$Not NeededLIABILITIES AND EQUITYAccounts payable and accruals$$Notes payable$$Accrued income taxes$$Total current liabilities$$Not NeededLong-term debt$$Total liabilities$$Not NeededPreferred stock$$Common stock (10,000 shares)$$Additional paid in capital$$Retained earnings$$Not NeededLess: Treasury stock$$Total common equity$$Total Liabilities and Equity$$Not NeededIn addition, it was reported that the company had a net income of $3,155,848 and depreciation expenses were equal to $212,366 during 2014.Net IncomeDepreciationDividends Paid
assignment 2 phelly

assignment 2 phelly

Question # 00071768 Posted By: neil2103 Updated on: 05/19/2015 07:33 PM Due on: 05/31/2015
Subject Business Topic General Business Tutorials:
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assignment 2 phelly

assignment 2 phelly
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he_Cash_flow_statement_needs_to_be_completed_and_a_business_letter_with.docx (13.14 KB)
MT480_u3teamoutline_(1).doc (47 KB)
MT480_u3_team_worksheets_(2).xlsx (41.1 KB)
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  1. Professor A plus
    Tutorial # 00066794 Posted By: Professor A plus Posted on: 05/22/2015 04:20 AM
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    The solution of Business letter...
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