Reference no: EM131993757
[ Statement of Cash Flows and Cash Burn or Build ]
Salza Technology Corporation increased its salesfrom $375,000 in 2012 to $450,000 in 2013 as shown in the firm ' s income statements presented below.
LeAnn Sands, chief executive officer and founder of the firm, expressed concern that the cash accountand the firm ' s marketable securities declined substantially between 2012 and 2013.
Salza ' s complete bal-ance sheets are also shown. Ms. Sands is seeking your assistance in the preparation of a statement of cash flows for Salza Technology.
A. Prepare a statement of cash flows for 2013 for Salza Technology Corporation.
B. Provide a brief description of what happened in terms of cash flows (both inflows and outflows) forSalza between 2012 and 2013.
Salza Technology Corporation Annual Income Statements (in $ Thousands)
2012 2013
Net sales $375 $450
Less: Cost of goods sold -225 -270
Gross Profit 150 180
Less: Operating Expenses -46 -46
Less: Depreciation -25 -30
Less: Interest -4 -4
Income Before Taxes 75 100
Less: Income taxes -20 -30
Net Income $55 $70
Cash Dividends $17 $20
Balance Sheets as of December 31 (IN $ Thousands)
2012 2013
Cash $39 $16
Accounts Rece 50 80
Inventories 151 204
Total current assets 240 300
Gross fixed assets 200 290
Less accumulated depreciation -95 -125
Net Fixed Assets 105 165
Total Assets $345 $465
Accounts payable $30 $45
Bank Loan 20 27
Accured Liabilities 10 23
Total Current Liabilities 60 95
Long-Term Debt 15 15
Common Stock 85 120
Retained Earnings 185 235
Total Liabilities & Equity $345 $465
The present value of the due is
: The state lottery's million dollar payout provides for $1. 4 million to be paid in 25 installments of $56,000 per payment
|
What was the size of his first payment
: Beginning on July 1, 2007, he made monthly payments for 12 years. Each payment increased by 1.3% over the previous payment.
|
What is its conjugate acid and base
: Write the chemical equation of mixing carbonate (CO32-), which is a base, with water and what is its conjugate acid and base.
|
The upper crusts cash flow from operations for 2008
: Statement of Cash Flows In 2008, Upper Crust had cash flows from investing activities of -$270,000 and cash flows from financing activities of -$163,000.
|
Prepare a statement of cash flows for 2013 for salza
: Salza Technology Corporation increased its salesfrom $375,000 in 2012 to $450,000 in 2013 as shown in the firm ' s income statements presented below.
|
Calculate the statistics given below
: State of Nature Probability Investment A Return Investement B Return I 0.25 6% 15% II 0.4 9% 12% III 0.35 5% -3% .
|
Determine the volume of added base
: Assuming that the pKa values for each ionization step are sufficiently different to see two equivalence points, determine the volume of added base
|
Can the ilos fact-finding consider their complaints
: Several workers within State A have lodged complaints with the ILO about their right to associate and bargain collectively.
|
Draft the partnership agreement
: Many students have found forms on the interne. You can also simply draft the Partnership Agreement in a Word Document. You should not have to pay to find a form
|