Cash Accounts receivable Inventory Current assets Net fixed assets Total assets GRAFFITI ADVERTISING, INCORPORATED Balance Sheet as of December 31, 2022 $ 14,396 21,090 22,763 Accounts payable Notes payable Current liabilities Long-term debt $ 10,521 16,475 $ 26,996 $ 152,900 $ 58,249 $ 406,302 Owners' equity $ 284,655 $ 464,551 Total liabilities and owners' equity $ 464,551 a. Calculate the operating cash flow. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. b. Calculate the change in net working capital. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c. Calculate the net capital spending. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. d. Calculate the cash flow from assets. Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. e. Calculate the cash flow to creditors. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. f. Calculate the cash flow to stockholders. Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. $ 569,700 273,980 124,724 54,567 Graffiti Advertising, Incorporated, reported the following financial statements for the last two years. Sales 2022 Income Statement Costs of goods sold Selling & administrative Depreciation EBIT Interest EBT Taxes Net income Dividends Addition to retained earnings Cash Accounts receivable. $ 116,429 19,494 $ 96,935 38,774 $ 58,161 $ 10,500 47,661 GRAFFITI ADVERTISING, INCORPORATED Balance Sheet as of December 31, 2021 $ 13,410 18,985 13,803 Accounts payable Notes payable Current liabilities Inventory Current assets $ 46,198 $ 9,495 14,499 $ 23,994 $ 136,080 Net fixed assets $ 344,696 $ 230,820 Total assets $ 390,894 Total liabilities and owners' equity $ 390,894 Long-term debt Owners' equity

Cash Accounts receivable Inventory Current assets Net fixed assets Total assets GRAFFITI ADVERTISING, INCORPORATED Balance Sheet as of December 31, 2022 $ 14,396 21,090 22,763 Accounts payable Notes payable Current liabilities Long-term debt $ 10,521 16,475 $ 26,996 $ 152,900 $ 58,249 $ 406,302 Owners' equity $ 284,655 $ 464,551 Total liabilities and owners' equity $ 464,551 a. Calculate the operating cash flow. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. b. Calculate the change in net working capital. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c. Calculate the net capital spending. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. d. Calculate the cash flow from assets. Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. e. Calculate the cash flow to creditors. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. f. Calculate the cash flow to stockholders. Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. $ 569,700 273,980 124,724 54,567 Graffiti Advertising, Incorporated, reported the following financial statements for the last two years. Sales 2022 Income Statement Costs of goods sold Selling & administrative Depreciation EBIT Interest EBT Taxes Net income Dividends Addition to retained earnings Cash Accounts receivable. $ 116,429 19,494 $ 96,935 38,774 $ 58,161 $ 10,500 47,661 GRAFFITI ADVERTISING, INCORPORATED Balance Sheet as of December 31, 2021 $ 13,410 18,985 13,803 Accounts payable Notes payable Current liabilities Inventory Current assets $ 46,198 $ 9,495 14,499 $ 23,994 $ 136,080 Net fixed assets $ 344,696 $ 230,820 Total assets $ 390,894 Total liabilities and owners' equity $ 390,894 Long-term debt Owners' equity

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 51E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...

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