Cash outflows and income statement of a company, Financial Management

Assignment Help:

a. You only need to complete the 2012 column, leave the 2011 column as is.

b. Base you net income and certain other information needed from the income statement you completed in template 21.

c. Remember that cash outflows are entered as negative numbers.

d. During the year, the company did not dispose of any assets and bought a new delivery truck for $32,500.

e. The company paid $2,000 per month in mortgage principle payments.

f. Selected balance sheet account balances are shown below:

Balance sheet:
	6/30/2012	6/30/2011
Taxes Payable	22688	11221
Accounts Receiv.	148777	156234
Wages Payable	10343	9211
Accounts Payable	125900	122010
Prepaid Expenses	2500	2500
Inventory	112400	108090
Cash	???????	14233

Related Discussions:- Cash outflows and income statement of a company

Calculate the price of commonwealth bonds, Calculate the Price of Commonwea...

Calculate the Price of Commonwealth bonds Commonwealth Company has a 10% coupon bond with a par value of $1000, The current yield to maturity on new bonds is 8%. If interest is

State the different accounting policies, State the different accounting pol...

State the different accounting policies Different accounting policies which can be adopted will have an influence on the ratios calculated and hence make comparisons more diffi

Explain the re-measurement and translation process, Explain the re-measurem...

Explain the re-measurement and translation process within FASB 52 of translating into the reporting currency the books of a completely owned affiliate that keeps its books in the l

What number of seats generates that maximum revenue, Q. In planning a resta...

Q. In planning a restaurant, it is estimated that a revenue of $6 per seat will be realized if the number of seats is at most 50. On the other hand, the revenue on each seat will d

Active portfolio strategy, Active Portfolio Strategy: An active portfo...

Active Portfolio Strategy: An active portfolio strategy is tracked by most aggressive investors and investment professionals who strive to make superior returns, after adjustm

Determine the example of future value of an annuity, Determine the example ...

Determine the example of Future Value of an Annuity An annual payment of 7000 $ is invested at 5% per annum compounded yearly. What will be the amount after 20 years? Solut

Calculate the effective annual rate, The credit term from the supplier is 2...

The credit term from the supplier is 2/30, net 60. Question: Calculate the effective annual rate if the firm does not take the discount.

Cost of capital, The Nu-Nu Brothers Inc. (NNBI) has the following capital s...

The Nu-Nu Brothers Inc. (NNBI) has the following capital structure, which it considers to be optional: Debt 25% Preferred Stock 15% Common Equity 60% NNBI''''s expected net income

What is the goal of financial manager, what is the goal of financial manage...

what is the goal of financial manager

Pvif, how do we get the pvif of a perpetuity

how do we get the pvif of a perpetuity

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages