5. Statement of Cash Flow:The 2020 comparative balance sheet of Lakeside Resort:Dec 31 Dec 3120202019 ChangesCurrent Assets51,265 50,1958,36711,2341,070Cash7,698(669)(1,688)Accounts receivableInventories9,546Prepaid expenses3,2102,844366Equipment, net38,72340,819Total Assets110,442 113,459Current LiabilitiesAccounts payable6,7597,692(933)Salaries payable1,123987136Other current liabilities3,4892,4981,349991Notes Payable (long-term)1,349Total Liabilities12,72012,526Shareholders' Equity:Common shares64,365 68,33833,357 32,595(3,973)Retained earningsTotal Liabilities and Equity762110,442 113,459The income statement of Lakeside Resort for 2020:DELLF4F5F6F7F8F9 Mapsmail O YouTubeThe income statement of Lakeside Resort for 2020:2020Revenue:31,287Sales revenueCosts and Expenses:20,7863,9855,75430,525Cost of goods soldDepreciation expenseOther operating expensesTotal ExpensesNet Income762Prepare the statement of cash flow for Lakeside Resort on the operating activities. Omit headintheNet Income762Adjustments:DELLF3F4F5F6

Cash Flow from Operating activities indicates the amount of cash that a corporation has procured…

5. Statement of Cash Flow: The 2020 comparative balance sheet of Lakeside Resort: Dec 31 Dec 31 2020 2019 Changes Current Assets 51,265 50,195 8,367 7,698 1,070 (669) (1,688) Cash Accounts receivable Inventories 9,546 11,234 Prepaid expenses 3,210 2,844 366 Equipment, net 38,723 40,819 Total Assets 110,442 113,459 Current Liabilities Accounts payable 6,759 7,692 (933) Salaries payable 1,123 987 136 Other current liabilities 3,489 1,349 2,498 991 Notes Payable (long-term) Total Liabilities Shareholders' Equity: 1,349 12,526 12,720 Common shares 64,365 68,338 33,357 32,595 110,442 113,459 (3,973) Retained earnings Total Liabilities and Equity 762 The income statement of Lakeside Resort for 2020:

5. Statement of Cash Flow: The 2020 comparative balance sheet of Lakeside Resort: Dec 31 Dec 31 2020 2019 Changes Current Assets 51,265 50,195 8,367 7,698 1,070 (669) (1,688) Cash Accounts receivable Inventories 9,546 11,234 Prepaid expenses 3,210 2,844 366 Equipment, net 38,723 40,819 Total Assets 110,442 113,459 Current Liabilities Accounts payable 6,759 7,692 (933) Salaries payable 1,123 987 136 Other current liabilities 3,489 1,349 2,498 991 Notes Payable (long-term) Total Liabilities Shareholders' Equity: 1,349 12,526 12,720 Common shares 64,365 68,338 33,357 32,595 110,442 113,459 (3,973) Retained earnings Total Liabilities and Equity 762 The income statement of Lakeside Resort for 2020:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…
Balance Sheet for Bearcat Hathaway, 2022 2021 2022 Cash Accounts Receivable Inventory Current Assets Accum.Depreciation Net Fixed Assets Gross Fixed Assets $16,251,665 $20,567,330 Less $7,460,897 $10,117,819 Total Assets O 11.58% O 44.90% O 8.37% $5,268,485 $10,268,485 O 4.35% $2,574,230 $2,314,672 O 6.02% $529,062 $696,685 $8,371,777 $13,279,842 Total Liabilities and Equity What is the common size value for 2022 Notes Payable? $8,790,768 $10,449,511 $17,162,545 $23,729,353 Current Liabilities 2021 Accounts Payable Notes Payable $1,033,110 $1,987,233 2022 $1,673,992 $2,438,271 $2,707,102 $4,425,504 Long Term Debt $9,242,830 $11,468,302 Total Liabilities $11,949,932 $15,893,806 Common Stock ($0.50 par) $1,300,000 $1,600,000 Capital Surplus $1,148,120 $1,800,969 Retained $2,764,493 $4,434,578 Earnings $17,162,545 $23,729,353
reparing a Cash Flow Worksheet Guccii Corporation’s recent comparative balance sheet and income statement follow: Balance Sheets, December 31 2019 2020 Assets Cash and cash equivalents $63,000 $90,300 Investments, short-term 0 12,600 Accounts receivable, net 71,400 88,200 Merchandise inventory 42,000 63,000 Investments, long-term 0 42,000 Plant assets, net 252,000 247,800 Patents 12,600 11,340 Other assets 29,400 29,400 Total assets $470,400 $584,640 Liabilities and Stockholders’ Equity Accounts payable $50,400 $92,400 Accrued expenses payable 0 36,540 Bonds payable 168,000 84,000 Common stock, par $10 147,000 168,000 Additional paid-in capital 0 18,900 Retained earnings 105,000 184,800 Total liabilities and stockholders’ equity $470,400 $584,640 Income Statement,For Year Ended December 31 2020 Sales revenue $436,800 Cost of goods sold (231,000) Depreciation expense (33,600) Patent amortization (1,260) Other…
Q: Create a statement of cash flows for the year ended December 31, 2019 using the followings data.
SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…
SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…
ASSESSMENT -- Multiple Choice Problem The financial statements of PalomerTrading Ltd. are given below: 2018 P 10,470 2019 Cash and Cash Equivalents P 12,250 Receivables 9,065 8,055 Inventory 6,620 5,300 Prepaid Expenses 8,545 10,600 Total Current Assets 36,480 34,425 Other Assets 78,685 P 128,980 P 113,110 92,500 Total Assets Total current liabilities 36,150 42,335 Long-term liabilities 23,990 18,960 Psalm Palomer, Capital 68,840 51,815 Total Liabilities and Equity P 128,980 P 113,110 2019 Net Sales P 104,705 Cost of Goods Sold 32,275 Gross Profit 69,430 Selling Expenses 35,325 Administrative Expenses 12,815 Operating Income 21,290 Interest Expense 1,050 Net Income Р 20,240 Required: Compute for the indicated financial ratios for Palomer Trading financial statements. Choose the correct answer in each of the following. 1. Which statement best describes Palomer Trading's acid-test ratio? a. greater than 1 b. equal to 1 c. less than 1 d. none of the ave 2. Palomer Trading's inventory…
Balance Sheet for Bearcat Hathaway, 2022 2021 2022 Cash Accounts. Receivable $5,268,485 $10,268,485 Inventory $529,062 $696,685 Current Assets $8,371,777 $13,279,842 Less $2,574,230 $2,314,672 Gross Fixed Assets $16,251,665 $20,567,330 Accum.Depreciation Total Assets $7,460,897 $10,117,819 Accounts Payable Notes. Payable Current Liabilities Calculate the net working capital in 2022. Long Termi Debt Total Liabilities, None of these options are correct $10,572,740 $5,664,675 $8,854,338 $3,946,273 Total $17,162,545 $23,729,353 Liabilities and Equity Capital Surplus Retained. Earnings 2021 2022 $1,673,992 $2,438,271 Common Net Fixed Assets $8,790,768 $10,449,511 Stock ($0.50 $1,300,000 $1,600,000 par) $1,033,110 $1,987,233 $2,707,102 $4,425,504 $9,242,830 $11,468,302 $11,949,932 $15,893,806 $1,148,120 $1,800,969 $2,764,493 $4,434,578 $17,162,545 $23,729,353
bs accountancy
Fiscal year is January-December. All values PHP Millions. 2020 2019 Cash & Short Term Investments 57,461 23,022 Cash Only 21,361 20,892 Short-Term Investments 36,100 2,130 Cash & Short Term Investments Growth 149.59% -4.75% Cash & ST Investments / Total Assets 27.26% 12.28% Total Accounts Receivable 7,050 5,906 Accounts Receivables, Net 5,796 5,370 Accounts Receivables, Gross 6,455 5,762 Bad Debt/Doubtful Accounts -659 -392 Other Receivables 1,253 537 Accounts Receivable Growth 19.36% 21.46% Accounts Receivable Turnover 18.34 30.41 Inventories 10,727 12,016 Finished Goods - 9,116 Raw Materials 7,680 228 Progress Payments & Other 3,048 2,673 Other Current Assets 4,802 4,675 Prepaid Expenses 4,661 4,436 Miscellaneous Current Assets 141 239 Total Current Assets 80,041 45,619 Net Property, Plant & Equipment…
Cash Flow Data for Interceptors, Incorporated. 2018 2019 2020 2018 Beginning Cash $ 35 $ 40 $ 45 $ 50 Cash from Operations $ 127 $ 125 $ 122 $ 117 Net Capital Spending ($ 140) ($ 130) ($ 140) ($ 145) Cash from Financing $ 18 $ 15 $ 23 Ending Cash $ 40 $ 45 $ 50 $ 55 Based on the cash flow data in the table for Interceptors Incorporated, which of the following statements is (are) correct? 1. This firm appears to be a good investment because of its steady growth in cash. 2. This firm has been able to generate growing cash flows only by borrowing or selling equity to offset declining operating cash flows. 3. Financing activities have been increasingly important for this firm's operations, at least in the short run.
SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…