Question 1 Find out CFFA in two different ways using EXCEL Here is the B/S and 1/S: •Current Accounts -2009: CA = 3625; CL = 1787 %3D -2008: CA = 3596; CL = 2140 %3D •Fixed Assets and Depreciation -2009: NFA = 2194; 2008: NFA = 2261 -Depreciation Expense = 500 %3! •Long-term Debt and Equity -2009: LTD = 538; Common stock & APIC = 462 -2008: LTD = 581; Common stock & APIC = 372 %3D
Question 1 Find out CFFA in two different ways using EXCEL Here is the B/S and 1/S: •Current Accounts -2009: CA = 3625; CL = 1787 %3D -2008: CA = 3596; CL = 2140 %3D •Fixed Assets and Depreciation -2009: NFA = 2194; 2008: NFA = 2261 -Depreciation Expense = 500 %3! •Long-term Debt and Equity -2009: LTD = 538; Common stock & APIC = 462 -2008: LTD = 581; Common stock & APIC = 372 %3D
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![Question 1
Find out CFFA in two different ways using EXCEL
Here is the B/S and 1/S:
"Current Accounts
-2009: CA = 3625; CL = 1787
%3D
-2008: CA = 3596; CL = 2140
•Fixed Assets and Depreciation
-2009: NFA = 2194; 2008: NFA = 2261
%3!
-Depreciation Expense = 500
•Long-term Debt and Equity
-2009: LTD = 538; Common stock & APIC = 462
-2008: LTD = 581; Common stock & APIC = 372
%3D
•Income Statement
-EBIT = 1014; Taxes = 368
-Interest Expense = 93; Dividends 285
Use the editor to format your answer](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F065a6e90-0cd1-4e9a-ac89-cb1335435e2a%2F7dbe4a1a-9484-4278-9a1d-4fb6b29d0c1b%2F9e0qb3i_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 1
Find out CFFA in two different ways using EXCEL
Here is the B/S and 1/S:
"Current Accounts
-2009: CA = 3625; CL = 1787
%3D
-2008: CA = 3596; CL = 2140
•Fixed Assets and Depreciation
-2009: NFA = 2194; 2008: NFA = 2261
%3!
-Depreciation Expense = 500
•Long-term Debt and Equity
-2009: LTD = 538; Common stock & APIC = 462
-2008: LTD = 581; Common stock & APIC = 372
%3D
•Income Statement
-EBIT = 1014; Taxes = 368
-Interest Expense = 93; Dividends 285
Use the editor to format your answer
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