Homework Answers
Answer-
| GRANGER INC. | ||
| STATEMENT OF CASH FLOWS (USING INDIRECT METHOD) | ||
| FOR THE YEAR ENDED OCTOBER 31,2017 | ||
| Particulars | Amount | |
| $ | ||
| Cash flow from operating activities | ||
| Net Income | 154580 | |
| Adjustments to reconcile net income to net cash provided by operating activities | ||
| Adjustment for non cash effects | ||
| Depreciation | 46500 | |
| Loss on sale of plant assets | 7500 | |
| Change in operating assets & liabilities | ||
| Increase in accounts receivable | -49800 | |
| Increase in inventory | -9650 | |
| Increase in prepaid expenses | -2400 | |
| Increase in accounts payable | 34700 | |
| Decrease in accrued expenses payable | -4500 | |
| Net cash flow from operating activities (a) | 176930 | |
| Cash Flow from Investing activities | ||
| New plant assets purchased | -100000 | |
| Old plant assets sold | 1500 | |
| Long term investmnets purchased | -29000 | |
| Net cash Flow from Investing activities (b) | -127500 | |
| Cash Flow from Financing activities | ||
| Cash dividends paid | -26030 | |
| Bonds paid | -36000 | |
| Common stock issued | 45000 | |
| Net cash Flow from Financing activities (c) | -17030 | |
| Net Change in cash c=a+b+c | 32400 | |
| Beginning cash balance | 48400 | |
| Closing cash balance | 80800 | |
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GRANGER INC. Comparative Balance Sheets December 31 Assets 2016 Cash Accounts receivable Inventory Prepaid expenses Long-term...
Please Answer ASAP Cash-based measures: (2) Cash debt coverage. (3) Free cash flow. (a) Niet cash...
Please
Answer ASAP
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prepare a statement of cash flow. that is all i have . its from book. b....
prepare a statement of cash flow.
that is all i have . its from book.
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Please
Answer ASAP
Cash-based measures: (2) Cash debt coverage. (3) Free cash flow. (a) Niet cash $38.500 ODGERS INC. Comparative Balance Sheets December 31 Prepare a s flows-inde (LO 4), AP Assets Cash Accounts receivable Inventory Prepaid expenses Long-term investments Plant assets Accumulated depreciation Total 2014 $ 80,800 87,800 112,500 28,400 138,000 285,000 (50,000) $682,500 (1) Current cash debt coverage. flows for Kurtzel Company using the direct method. P12-9A Condensed financial data of Odgers Inc. follow. Prepare a statement of...
prepare a statement of cash flow.
that is all i have . its from book.
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