xercise 2 Prepare a cash flow statement given the following information. Sales COGS Gross Protit Operating Exp. Rent Exp. Wage Exp. Depreciation Exp. Total Oper. Exp. Operating Income Gain on Sale Equip. Net Income D 3 9 -0 #1 32 33 34 35 36 37 38 39 40 Your Co. Statement of Cash Flows Year Ending 20x9 Cash from Operations Net Cash from Operations Cash from Investing Net Cash from Investing Cash from Financing Net Cash from Financing 80 320 40 800 160 640 440 200 120 320 X X X X X X X X X X X X X X A/P decrease A/R increase Beg. cash balance Bonds issued Dividends paid End, cash balance Inventory decrease Machine purchased Proceeds - sale of equipment Stock issued Wages payable increase 40 80 96 800 16 440 120 1,600 320 400 200

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 39E: Reporting Net Cash Flow from Operating Activities The following information is available for...
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A
B
C D E
xercise 2 Prepare a cash flow statement given the following information.
Sales
COGS
Gross Profit
Operating Exp.
Rent Exp.
Wage Exp.
Depreciation Exp.
Total Oper. Exp.
Operating Income
Gain on Sale Equip.
Net Income
5
5
7
8
9
0
31
32
33
34
35
36
37
38
39
40
41
Your Co.
Statement of Cash Flows
Year Ending 20x9
Cash from Operations
Jx
Net Cash from Operations
Cash from Investing
Net Cash from Investing
Cash from Financing
Net Cash from Financing
80
320
40
800
160
640
440
200
120
320
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
F
A/P decrease
A/R increase
Beg. cash balance.
Bonds issued
Dividends paid
End. cash balance
Inventory decrease
Machine purchased
Proceeds - sale of equipment
Stock issued
Wages payable increase
G
40
80
96
800
16
440
120
1,600
320
400
200
Transcribed Image Text:A B C D E xercise 2 Prepare a cash flow statement given the following information. Sales COGS Gross Profit Operating Exp. Rent Exp. Wage Exp. Depreciation Exp. Total Oper. Exp. Operating Income Gain on Sale Equip. Net Income 5 5 7 8 9 0 31 32 33 34 35 36 37 38 39 40 41 Your Co. Statement of Cash Flows Year Ending 20x9 Cash from Operations Jx Net Cash from Operations Cash from Investing Net Cash from Investing Cash from Financing Net Cash from Financing 80 320 40 800 160 640 440 200 120 320 X X X X X X X X X X X X X X X X X X F A/P decrease A/R increase Beg. cash balance. Bonds issued Dividends paid End. cash balance Inventory decrease Machine purchased Proceeds - sale of equipment Stock issued Wages payable increase G 40 80 96 800 16 440 120 1,600 320 400 200
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