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ompute free cash flow for 2022. Please show your work, also everything needed is included in the problem.

ompute free cash flow for 2022. Please show your work, also everything needed is included in the problem.

FINANCIAL ACCOUNTING
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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Compute free cash flow for 2022. Please show your work, also everything needed is included in the problem.

 

 

Cash Flows from Financing Activities Issuance of Common Stock Redemption of Bonda Payment of Cash Dividenda Net Cash used by Financing Activities Net Increase in Cash Cahat Beginning of Period Chat End of Period V 38,640 (55,200) (30,360) (46,920) 46.920 N 20,240 67,160
Transcribed Image Text:Cash Flows from Financing Activities Issuance of Common Stock Redemption of Bonda Payment of Cash Dividenda Net Cash used by Financing Activities Net Increase in Cash Cahat Beginning of Period Chat End of Period V 38,640 (55,200) (30,360) (46,920) 46.920 N 20,240 67,160
Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis eg. (15,000)) Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Gain on Disposal of Equipment Increase in Accounts Receivable Decrease in Inventory Decrease in Accounts Payable Cash Flows from Investing Activities Sale of Land CORONADO COMPANY Statement of Cash Flows For the Year Ended December 31, 2022 Net Cash Provided by Operating Activities Sale of Equipment Purchase of Equipment Net Cash used by Investing Activities Cash Flows from Financing Activities V V 49,680 (5.520) (10,120) 19,320 (9,200) 25,760 33,120 (101,200) 92,000 44,160 136,160 (42,320)
Transcribed Image Text:Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis eg. (15,000)) Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Gain on Disposal of Equipment Increase in Accounts Receivable Decrease in Inventory Decrease in Accounts Payable Cash Flows from Investing Activities Sale of Land CORONADO COMPANY Statement of Cash Flows For the Year Ended December 31, 2022 Net Cash Provided by Operating Activities Sale of Equipment Purchase of Equipment Net Cash used by Investing Activities Cash Flows from Financing Activities V V 49,680 (5.520) (10,120) 19,320 (9,200) 25,760 33,120 (101,200) 92,000 44,160 136,160 (42,320)
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It says 34,960 is INCORRECT.

* Your answer is incorrect. Compute free cash flow for 2022. Free cash flow for 2022 $ 69 34,960
Transcribed Image Text:* Your answer is incorrect. Compute free cash flow for 2022. Free cash flow for 2022 $ 69 34,960
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