Can you do 1) CASH FLOW FROM OPERATION ACTIVITIES 2)CASH FLOWS FROM FINANCING ACTIVITIES 3)CASH FLOW FROM INVESTMENT ACTIVITIES tables from the information attached in images. The cash flow system is indirectly
Can you do 1) CASH FLOW FROM OPERATION ACTIVITIES 2)CASH FLOWS FROM FINANCING ACTIVITIES 3)CASH FLOW FROM INVESTMENT ACTIVITIES tables from the information attached in images. The cash flow system is indirectly
Can you do 1) CASH FLOW FROM OPERATION ACTIVITIES 2)CASH FLOWS FROM FINANCING ACTIVITIES 3)CASH FLOW FROM INVESTMENT ACTIVITIES tables from the information attached in images. The cash flow system is indirectly
Can you do 1) CASH FLOW FROM OPERATION ACTIVITIES 2)CASH FLOWS FROM FINANCING ACTIVITIES 3)CASH FLOW FROM INVESTMENT ACTIVITIES tables from the information attached in images. The cash flow system is indirectly
Transcribed Image Text:JUPITER TRADING CO. BALANCE SHEET
31.12.2018 - 31.12.2019
ASSETS
LIABILITIES AND EQUITY
2018
2019
2018
2019
Current Assets
Current Liabilities
84.180 Accounts Payable
42.000 Salaries and Wages Payable
Cash
41.000
29.000
43.000
32.000
Accounts Receivable
24.000
41.000
(-) Allowance for Doubtful Accounts
-6.000
1.280
rued
bilities
81.000
67.400
Trading Securities
Prepaid Expenses
52.000
65.500 Unearned Revenue
42.000
60.000
33.000 Taxes Payable
42.000
65.000 124.000 Total Current Liabilities
13.200
19.800
Inventory
203.200 220.200
Total Current Assets
223.000 337.400
Noncurrent Liabilities
Long Term Assets
Land
Notes Payable
134.000 102.000
76.800
100.000 100.000 Lease Liabilities
109.400 149.600 Total Noncurrent Liabilities
92.600
PP&E
210.800 194.600
(-) Accumulated Depreciation
-32.400
-46.200 Shareholders's Equity
Goodwill
200.000 200.000 Share Capital
120.000 180.000
-40.000 Retained Earnings
377.000 363.400 Total Shareholders's Equity
600.000 700.800 Total Liabilities and Equity
(-) Accumuated Impairment Loss
66.000 106.000
Total Long Term Assets
186.000 286.000
Total Assets
600.000 700.800
Transcribed Image Text:JUPITER TRADING CO
INCOME STATEMENT FOR THE YEAR 2019
Net Sales
564.020
Cost of Goods Sold
-332.340
Gross Margin
Operating Expenses
231.680
-117.080
Depreciation Expenses
-13.800
Salaries & Wages
-60.000
Insurance Expense
Travel Expense
-12.000
-26.000
Bad Debt Expense
-5.280
Operating Income
Non-operating Revenues and Expneses
114.600
-68.000
Interest Expense
-37.000
Interest Revenue
3.000
Gain on Sale of Trading Securities
6.000
Impairmenet Loss on Goodwill
-40.000
Income Before Tax
46.600
Income Tax
-6.600
Net Income (Loss)
40.000
Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).
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