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Create a statement of cash flow for the current year using Wright Co's Income statement and balance sheet. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Income Statement: Current Year Revenue G 4,500.00 Cost of Goods Sold 2,250.00 Gross Margin 2,250.00 SG&A 580.00 EBITDA 1,670.00 Depreciation Expense 540.00 EBIT 1,130.00 interest Expense 170.00 EBT 960 336.00 Net Income $24.00 Dividends $10 Addition to Retained 214.00 Earnings Balance Sheet: Assets Prior Year Current Year Cash 900 ???? Accounts Receivables 400 425.00 Inventory 300 350.00 Total Current Assets 1,500 Net Fixed Assets 5,000 5,300.00 Total Asset 6,500 22 Liabilities and Equity Prior Year Current Year Accounts Payable 300 350.00 Notes Payable 1,000 900.00 Total Current Liabilities 1,300 1250.00 Long-Term Debt 2,000 2,500.00 Total Liabilities 3300 ???? Common Stock and 2,200 2.200 Paid-In Capital Retained Earnings 1.000 Total Equity 3.200 1214.00 ???? Total Liabilities & 6,500 Equity Use SinCo's Income Statement and Balance Sheet to create a Statement of Cash Flows for the current year. What is Wright's Change in Working Capital What is Wright's Cash Flow from Operations What is Wright's Cash Flow from Investments What is Wright's Provide by Financing Actives What is Wright's Net change in cash What is Wright's Ending Cash Balance Does the 2014 Cash Balance from the Balance Sheet equal the Ending Cash Balance from the Statement of Cash Flows? True

Create a statement of cash flow for the current year using Wright Co's Income statement and balance sheet. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Income Statement: Current Year Revenue G 4,500.00 Cost of Goods Sold 2,250.00 Gross Margin 2,250.00 SG&A 580.00 EBITDA 1,670.00 Depreciation Expense 540.00 EBIT 1,130.00 interest Expense 170.00 EBT 960 336.00 Net Income $24.00 Dividends $10 Addition to Retained 214.00 Earnings Balance Sheet: Assets Prior Year Current Year Cash 900 ???? Accounts Receivables 400 425.00 Inventory 300 350.00 Total Current Assets 1,500 Net Fixed Assets 5,000 5,300.00 Total Asset 6,500 22 Liabilities and Equity Prior Year Current Year Accounts Payable 300 350.00 Notes Payable 1,000 900.00 Total Current Liabilities 1,300 1250.00 Long-Term Debt 2,000 2,500.00 Total Liabilities 3300 ???? Common Stock and 2,200 2.200 Paid-In Capital Retained Earnings 1.000 Total Equity 3.200 1214.00 ???? Total Liabilities & 6,500 Equity Use SinCo's Income Statement and Balance Sheet to create a Statement of Cash Flows for the current year. What is Wright's Change in Working Capital What is Wright's Cash Flow from Operations What is Wright's Cash Flow from Investments What is Wright's Provide by Financing Actives What is Wright's Net change in cash What is Wright's Ending Cash Balance Does the 2014 Cash Balance from the Balance Sheet equal the Ending Cash Balance from the Statement of Cash Flows? True

EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 10P
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Create a statement of cash flow for the current year using Wright Co's Income statement and balance sheet. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Income Statement: Current Year Revenue G 4,500.00 Cost of Goods Sold 2,250.00 Gross Margin 2,250.00 SG&A 580.00 EBITDA 1,670.00 Depreciation Expense 540.00 EBIT 1,130.00 interest Expense 170.00 EBT 960 336.00 Net Income $24.00 Dividends $10 Addition to Retained 214.00 Earnings Balance Sheet: Assets Prior Year Current Year Cash 900 ???? Accounts Receivables 400 425.00 Inventory 300 350.00 Total Current Assets 1,500 Net Fixed Assets 5,000 5,300.00 Total Asset 6,500 22 Liabilities and Equity Prior Year Current Year Accounts Payable 300 350.00 Notes Payable 1,000 900.00 Total Current Liabilities 1,300 1250.00 Long-Term Debt 2,000 2,500.00 Total Liabilities 3300 ???? Common Stock and 2,200 2.200 Paid-In Capital Retained Earnings 1.000 Total Equity 3.200 1214.00 ???? Total Liabilities & 6,500 Equity Use SinCo's Income Statement and Balance Sheet to create a Statement of Cash Flows for the current year. What is Wright's Change in Working Capital What is Wright's Cash Flow from Operations What is Wright's Cash Flow from Investments What is Wright's Provide by Financing Actives What is Wright's Net change in cash What is Wright's Ending Cash Balance Does the 2014 Cash Balance from the Balance Sheet equal the Ending Cash Balance from the Statement of Cash Flows? True
Transcribed Image Text:Create a statement of cash flow for the current year using Wright Co's Income statement and balance sheet. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Income Statement: Current Year Revenue G 4,500.00 Cost of Goods Sold 2,250.00 Gross Margin 2,250.00 SG&A 580.00 EBITDA 1,670.00 Depreciation Expense 540.00 EBIT 1,130.00 interest Expense 170.00 EBT 960 336.00 Net Income $24.00 Dividends $10 Addition to Retained 214.00 Earnings Balance Sheet: Assets Prior Year Current Year Cash 900 ???? Accounts Receivables 400 425.00 Inventory 300 350.00 Total Current Assets 1,500 Net Fixed Assets 5,000 5,300.00 Total Asset 6,500 22 Liabilities and Equity Prior Year Current Year Accounts Payable 300 350.00 Notes Payable 1,000 900.00 Total Current Liabilities 1,300 1250.00 Long-Term Debt 2,000 2,500.00 Total Liabilities 3300 ???? Common Stock and 2,200 2.200 Paid-In Capital Retained Earnings 1.000 Total Equity 3.200 1214.00 ???? Total Liabilities & 6,500 Equity Use SinCo's Income Statement and Balance Sheet to create a Statement of Cash Flows for the current year. What is Wright's Change in Working Capital What is Wright's Cash Flow from Operations What is Wright's Cash Flow from Investments What is Wright's Provide by Financing Actives What is Wright's Net change in cash What is Wright's Ending Cash Balance Does the 2014 Cash Balance from the Balance Sheet equal the Ending Cash Balance from the Statement of Cash Flows? True
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