Show me the cash flow statements from operating, investing, and financing activi
ID: 2575223 • Letter: S
Question
Show me the cash flow statements from operating, investing, and financing activities in direct or indirect method.Something like in this form. This is an example from another qustion. I would like the statement for ATC 12-3. d. All things considered, based on the information in its statele cash position appear to be improving or deteriorating? ATC 12-3 Group Assignment Preparing a statement of cash flows The following financial stat ements and information are available for Blythe Industries Inc. Balance Sheets As of December 31 2016 2017 $120,600 85,000 171,800 220,000 490,000 (240,000) 120,000 $967400 Assets S 160,200 103,200 186,400 284,000 650,000 (310,000) 80,000 Cash Accounts receivable Inventory Marketable securities (available for sale) Accumulated depreciation Land S1.153,800 Total assets Liabilities and equity Liabilities Accounts payable (inventory) Notes Bonds payable S 36,400 230,000 200,000 466,400 66,200 250,000 100,000 416,200 Total liabilities Stockholders' equity Common stock, no par Preferred stock, $50 par Paid-in capital in excess of par-Preferred stock Total paid-in capital Retained earnings Less: Treasury stock 200,000 100,000 26,800 326,800 264,400 240,000 110,000 34.400 384,400 333,000 0,000) 687,400 (40,000) Total stockholders' equity Total liabilities and stockholders equity 551.200 $967,400 1.153 800 Income Statement For the Year Ended December 31, 2017 Sales revenue Cost of goods sold Gross profit Operating expenses $1,050,000 (766,500) 283,500 Supplies expense Salaries expense Depreciation expense $20,400 92,000 90,000 Total operating expenses Operating income Nonoperating items Interest expense Gain from the sale of marketable securities Gain from the sale of land and equipment (16,000) 30,000 12,000 S 107,100
Explanation / Answer
Statement of cashflows-indirect method Particulars Amount Amount Cashflows from operating activities: Net income 107100 Adjustment for: Gain from sale of marketable securities -30000 Gain from sale of land and equipment -12000 Depreciation expense 90000 48000 Increase in Accounts receivable (103200-85000) -18200 Increase in inventory (186400-171800) -14600 Decrease in accounts payable (66200-36400) -29800 -62600 Cash generated from operations 92500 Cashflows from investing activities sale of land 44000 Sale of equipment 18000 Purchase of new equipment -190000 Sale of marketable securities 70000 Purchase of new marketable securities -104000 -162000 Cashflow from financing activities: Repayment of long-term note -20000 Repayment of bond -100000 Issue of new bond 200000 Sale of treasury stock (40000-30000) 10000 issue of new common stock (240000-200000) 40000 Issue of preferred stock Change in preferred stock and paid up capital in excess of par) (110000-100000)+(34400-26800) 17600 Dividend paid (Opening retained earnings+net income- closing retained earnings) (264400+107100-333000) -38500 109100 Increase in cash and cash equivalence 39600 Add:Beginning balance of cash 120600 closing balance of cash 160200