Total Current AssetsNet Fixed AssetsTotal AssetLiabilities and Equity Prior YearAccounts Payable300Notes PayableTotal Current LiabilitiesLong-Term DebtTotal LiabilitiesCommon Stock andPaid-in CapitalRetained EarningsTotal EquityTotal Liabilities &Equity1,0001,3002,0003,3002,2001,0003,2006,5001,5005,0006,500What is Wright's Cash Flow from OperationsWhat is Wright's Cash Flow from Investments????5,300.00????What is Wright's Provide by Financing ActivesWhat is Wright's Net change in cashWhat is Wright's Ending Cash BalanceCurrent Year350.00900.00Use 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 Capital1,250.002,500.00????2,2001,214.00????????Does the 2014 Cash Balance from the Balance Sheet equal the Ending Cash Balance from the Statement of Cash Flows?(Click to select)TrueFalse Create a statement of cash flow for the current year using Wright Co's income statement and balance sheet. (Do not roundintermediate calculations. Round your answer to 2 decimal places.)Income Statement:RevenueCost of Goods SoldGross MarginSG&AEBITDADepreciation ExpenseEBITInterest ExpenseEBTTaxesNet IncomeDividendsAddition to RetainedEarningsBalance Sheet:AssetsCashAccounts ReceivablesInventoryTotal Current AssetsNet Fixed AssetsTotal AssetCurrent Year4,500.002,250.002,250.00580.001,670.00540.001,130.00170.00960336.00624.00410214.00Prior Year Current Year8004003001,5005,0006,500????425.00350.00????5,300.00????

Name: Total Current AssetsNet Fixed AssetsTotal AssetLiabilities and Equity
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Description: Total Current AssetsNet Fixed AssetsTotal AssetLiabilities and Equity Prior YearAccounts Payable300Notes PayableTotal Current LiabilitiesLong-Term DebtTotal LiabilitiesCommon Stock andPaid-in CapitalRetained EarningsTotal EquityTotal Liabilities &Eq

Balance sheet stands for the statement and information that shows the assets and liabilities of the…

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Accounting

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: Revenue Cost of Goods Sold Gross Margin SG&A EBITDA Depreciation Expense EBIT Interest Expense Current Year 4,500.00 2,250.00 2,250.00 580.00 1,670.00 540.00 1,130.00 170.00

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: Revenue Cost of Goods Sold Gross Margin SG&A EBITDA Depreciation Expense EBIT Interest Expense Current Year 4,500.00 2,250.00 2,250.00 580.00 1,670.00 540.00 1,130.00 170.00

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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