4) Prepare a statement of cash flows from operations and financing for Mega corporation wuith the following information. ASSETS: Current Assets: Cash Marketable Securities Accounts Receivable, net Inventory Prepaid Expenses Total Current Assets Total Fixed Assets, net Total Assets LIABILITIES & EQUITIES Current Liabilities: Accounts Payable Notes Payable Accrued Expenses Total Current Liabilities. Total Long-term Liabilities Total Liabilities Preferred Stock Common Stock Capital in Excess of Par Retained Earnings Total Stockholders Equity Total Liabilities and Equity Sales COGS Gross Profit Administrative expenses Depreciation. EBIT Interest Expense EBT Taxes (40%) Net Income 1 Balance Sheet Jan 1, 2022 310,000 1,200,000 290,000 3,000,000 200,000 5,000,000 2,500,000 7,500,000 1,500,000 1,000,000 500,000 3,000,000 1,000,000 4,000,000 500,000 500,000 1,000,000 1,500,000 3,500,000 7,500,000 Income Statement 10,000,000 6,000,000 4,000,000 1 1,200,000 500,000 2,300,000 500,000 1,800,000 720,000 1,080,000 Dec 31, 2022 600,000 1,000,000 330,000 4,000,000 300,000 6,230,000 2,000,000 8,230,000 1,000,000 1,000,000 800,000 2,800,000 1,500,000 4,300,000 500,000 500,000 1,000,000 1,930,000 3,930,000 8,230,000

4) Prepare a statement of cash flows from operations and financing for Mega corporation wuith the following information. ASSETS: Current Assets: Cash Marketable Securities Accounts Receivable, net Inventory Prepaid Expenses Total Current Assets Total Fixed Assets, net Total Assets LIABILITIES & EQUITIES Current Liabilities: Accounts Payable Notes Payable Accrued Expenses Total Current Liabilities. Total Long-term Liabilities Total Liabilities Preferred Stock Common Stock Capital in Excess of Par Retained Earnings Total Stockholders Equity Total Liabilities and Equity Sales COGS Gross Profit Administrative expenses Depreciation. EBIT Interest Expense EBT Taxes (40%) Net Income 1 Balance Sheet Jan 1, 2022 310,000 1,200,000 290,000 3,000,000 200,000 5,000,000 2,500,000 7,500,000 1,500,000 1,000,000 500,000 3,000,000 1,000,000 4,000,000 500,000 500,000 1,000,000 1,500,000 3,500,000 7,500,000 Income Statement 10,000,000 6,000,000 4,000,000 1 1,200,000 500,000 2,300,000 500,000 1,800,000 720,000 1,080,000 Dec 31, 2022 600,000 1,000,000 330,000 4,000,000 300,000 6,230,000 2,000,000 8,230,000 1,000,000 1,000,000 800,000 2,800,000 1,500,000 4,300,000 500,000 500,000 1,000,000 1,930,000 3,930,000 8,230,000

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Description: Please help me 4) Prepare a statement of cash flows from operations and financing for Mega corporation wuith the followinginformation.ASSETS:Current Assets:CashMarketable SecuritiesAccounts Receivable, netInventoryPrepaid ExpensesTotal Current Assets

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 13MCQ

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Concept explainers

Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is

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Question

Please help me

4) Prepare a statement of cash flows from operations and financing for Mega corporation wuith the following
information.
ASSETS:
Current Assets:
Cash
Marketable Securities
Accounts Receivable, net
Inventory
Prepaid Expenses
Total Current Assets
Total Fixed Assets, net
Total Assets
LIABILITIES & EQUITIES
Current Liabilities:
Accounts Payable
Notes Payable
Accrued Expenses
Total Current Liabilities
Total Long-term Liabilities
Total Liabilities
Preferred Stock
Common Stock
Capital in Excess of Par
Retained Earnings
Total Stockholders Equity
Total Liabilities and Equity
Sales
COGS
Gross Profit
Administrative expenses
Depreciation
EBIT
Interest Expense
EBT
Taxes (40%)
Net Income
Balance Sheet
Jan 1, 2022
310,000
1,200,000
290,000
3,000,000
200,000
5,000,000
2,500,000
7,500,000
1,500,000
1,000,000
500,000
3,000,000
1,000,000
4,000,000
500,000
500,000
1,000,000
1,500,000
3,500,000
7,500,000
Income Statement
10,000,000
6,000,000
4,000,000
1,200,000
500,000
1
2,300,000
500,000
1,800,000
720,000
1,080,000
Dec 31, 2022
600,000
1,000,000
330,000
4,000,000
300,000
6,230,000
2,000,000
8,230,000
1,000,000
1,000,000
800,000
2,800,000
1,500,000
4,300,000
500,000
500,000
1,000,000
1,930,000
3,930,000
8,230,000

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