Prepare the full statement of cash flows for baseball corp

Assignment Help Financial Accounting

Reference no: EM133328371

Question: Prepare the full Statement of Cash Flows for Baseball Corp. for fiscal year 2021. Use the indirect method for the operating section and don't forget to prepare the investing and financing sections.

Sales 4,500

COGS 2,100

SG&A Expense 820

Depreciation expense 280

Loss on Sale of PP&E 500

Net Income 800

Cash Proceeds from Stock Issuance 850

Cash Proceeds from Sale of PP&E 920

Cash Payments for Loan Repayment 600

Cash Payment for purchase of a patent 300

Cash Payment for purchase of Land 1,650

Cash Payment of common Dividends 200

Value of a machine bought on credit 700

Change in current Balance Sheet accounts:

Cash increase 970

Accounts Receivable increase 900

Inventory decrease 810

Accounts Payable increase 560

Unearned Revenue decrease 100

Current portion of long-term debt decrease 250

Reference no: EM133328371

Questions Cloud

Describe four issues faced by the village at colleyville : Describe four issues faced by the Village at Colleyville and its developer and explain how you may have handled those issues. Four paragraphs.

Calculating returns it is often used to make investment : FINANCE 5500 Seneca College compare the return on 1 project to another It incorporates the time value of money It is a quick method for calculating returns

Describe how access, visibility and parking can enhance : Describe how access, visibility and parking can enhance a retail development. Which one of those three considerations do you feel to be most important and why?

Roccia would record depletion in 2020 of : On January 1, 2020 Roccia estiamted that 20,000 tons still remained. During 2020 Roccia loaded and sold 8,000 tons. Roccia would record depletion in 2020 of

Prepare the full statement of cash flows for baseball corp : Prepare the full Statement of Cash Flows for Baseball Corp. for fiscal year 2021. Use the indirect method for the operating section and don't forget

Discuss the context of native american spirituality : Summarize a story in Wisdom Walk and discuss the wisdom practice in the context of Native American Spirituality.

Explain any two dimensions of the business environment : Explain ANY THREE ways in which businesses deal with uncertainty. Explain ANY TWO dimensions of the business environment

Performing well based on the analysis of financial indicator : Performing well based on the analysis of its financial indicators, thereby giving it the capability of competing with the big leagues regarding competitive

How do employee hours compare to factory hours : Formally write the ?rm's pro?t maximisation problem. How would you con?rm this problem has a maximum? How do employee hours compare to factory hours?

User Account

All Pages