Outline and explain some cash flow statement (direct method) warning signals. (use your own words to avoid plagirism)

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Hi, can I get some help with this? I also need B. C. And D. Thank you!

Typed and correct answer please. I will rate accordingly. Give explanation of your choice.

Please explain how to prepare a statement of cash flows (indirect method) including analyzing tables? Please provide an example. Thank you,

The following selected transactions apply to Topeca Supply for November and December, Year 1. November was the first month of operations. Sales tax is collected at the time of sale but is not paid to the state sales tax agency until the following month. 1. Cash sales for November, Year 1 were $64,000 plus sales tax of 6 percent. 2. Topeca Supply paid the November sales tax to the state agency on December 10, Year 1. 3. Cash sales for December, Year 1 were $80,000 plus sales tax of 6 percent. Required a. Show the effect of the above transactions on a statements model like the one shown as follows. In the Cash Flow column, indicate whether the item is an operating activity (OA), an investing activity (IA), or a financing activity (FA). If an element is not affected by the event, leave the cell blank. b. What was the total amount of sales tax paid in Year 1? c. What was the total amount of sales tax collected in Year 1? d. What is the amount of the sales tax liability as of December 31,…

b. Record each event in a statements model like the following one. In the Cash Flow column, use OA to designate operating activity, IA for investment activity, FA for financing activity, or NC for net change in cash. If the element is not affected by the event, leave the cell blank. The first event is recorded as an example. (Not every cell will require entry. Enter any decreases to account balances and cash outflows with a minus sign.) REDD COMPANY Horizontal Statements Model - 2018 Balance Sheet Income Statement Statement of Cash Flows Event Assets = Liabilities + Stockholders' Equity Retained Revenue - Earnings Net Income Expenses Accounts Receivable Merchandise Accounts Common Stock Cash Inventory Payable Bal. 7,700 + 1,700 7,200 + 2,200 1a 5,200 = 5,200 + + 1b. (470) 470 OA + + 2. (400)=| + 3. (4,704) + (96) = 96 OA + + + 4а. 8,700 + 8,700 + 4b. (5,700) 5,700 = (5,700) 5а. (770) + (770) OA + 5b. 470 (470)|= 470 + + (570) + 570 = (570) OA (174) OA 6. + + = 7. 8,526 + (8,700) + + +…

Which of the following is not a purpose of cash flows statement. Select one: O a. They predict net income. O b. They help evaluate management decisions. c. The predict ability to pay debts or dividends. O d. They predict future flows.

b. Record each event in a statements model like the following one. In the Cash Flow column, use OA to designate operating activity, IA for investment activity, FA for financing activity, or NC for net change in cash. If the element is not affected by the event, leave the cell blank. The first event is recorded as an example. (Not every cell will require entry. Enter any decreases to account balances and cash outflows with a minus sign.) Event Bal. 1a. 1b. 2. 3. 4a. 4b. 5a. 5b. 6. 7. 8. Bal. Cash Assets Accounts + Receivable 8,100+ + (510)+ + + + + (810) + + + + + $ 6,780 + + + + + + 9,100+ + + + + + Balance Sheet Merchandise Inventory = Liabilities + Stockholders' Equity Accounts Common Payable Stock Retained Earnings 2,600 = 2,100 = 5,600 = 510= 300 = 6,100 = = REDD COMPANY Horizontal Statements Model - Year 2 $ 9,100+ $ 14,610 = $ + + + + + + 0+ + 7,600 + + + + + + + + + $7,600 + Revenue $ 2,600 $ Income Statement Expenses = 0-$ = = 0= $ Net Income 0 $ Statement of Cash Flows 0

5. What do you  infer from  Statement of cashflow ?