September 2023 Assignment Choice 1 Direct and Indirect Cash Flow Models Complete the following exercise Fill in the
2024 accounting spreadsheet Assignment Help
Assignment Choice 1 Direct and Indirect Cash Flow Models Complete the following exercise Fill in the 2023
Assignment Choice #1: Direct and Indirect Cash Flow Models Complete the following exercise. Fill in the Excel spreadsheet titled Cash Flows provided via the link at the bottom of the page to provide your answers to parts a and b. Then paste the Excel data into a Word document on which you can also write the answer to part c. Label each exercise or problem clearly. Use APA formatting and citation if needed. The Carpet Company’s 2009 and 2010 balance sheets included the following items: December 31 2010 2009 Debits Cash $10,500 $ 4,000 Accounts receivable 8,000 9,000 Merchandise inventory 21,000 18,000 Equipment 18,000 15,000 Totals $57,500 $46,000 Credits Accumulated depreciation, equipment $4,000 $3,000 Accounts payable 7,000 5,000 Taxes payable 1,000 2,000 Dividends payable 1,500 0 Common stock, $10 par value 27,000 25,000 Contributed capital in excess of par, common stock 6,000 5,000 Retained earnings 11,000 6,000 Totals $57,500 $46,000 The Carpet Company’s income statement was as follows: CARPET COMPANY Income Statement For the Year Ended December 31, 2010 Sales $61,000 Cost of goods sold $40,000 Wages and other operating expenses 6,300 Income taxes expense 4,200 Depreciation expense 1,500 52,000 Net income 9,000 Additional information includes the following: Equipment costing $3,500 was purchased during the year. Fully depreciated equipment that cost $500 was discarded and its cost and accumulated depreciation were removed from the accounts. Two hundred shares of stock were sold and issued at $15 per share. The company declared $4,000 of cash dividends and paid $2,500. Required : Prepare the statement of cash flow under the direct method for the year ended December 31, 2010. Prepare the statement of cash flow under the indirect method for the year ended December 31, 2010. Provide a statement between 200 and 300 words in length for senior management. The topic is the status of the company based on cash flow.
#write essay #research paper #blog writing #article writing #academic writer #reflective paper #essay pro #types of essays #write my essay #reflective essay #paper writer #essay writing service #essay writer free #essay helper #write my paper #assignment writer #write my essay for me #write an essay for me #uk essay #thesis writer #dissertation writing services #writing a research paper #academic essay #dissertation help #easy essay #do my essay #paper writing service #buy essay #essay writing help #essay service #dissertation writing #online essay writer #write my paper for me #types of essay writing #essay writing website #write my essay for free #reflective report #type my essay #thesis writing services #write paper for me #research paper writing service #essay paper #professional essay writers #write my essay online #essay help online #write my research paper #dissertation writing help #websites that write papers for you for free #write my essay for me cheap #pay someone to write my paper #pay someone to write my research paper
#Essaywriting #Academicwriting #Assignmenthelp #Nursingassignment #Nursinghomework #Psychologyassignment #Physicsassignment #Philosophyassignment #Religionassignment #History #Writing #writingtips #Students #universityassignment #onlinewriting #savvyessaywriters #onlineprowriters #assignmentcollection #excelsiorwriters #writinghub #study #exclusivewritings #myassignmentgeek #expertwriters #art #transcription #grammer #college #highschool #StudentsHelpingStudents #studentshirt #StudentShoe #StudentShoes #studentshoponline #studentshopping #studentshouse #StudentShoutout #studentshowcase2017 #StudentsHub #studentsieuczy #StudentsIn #studentsinberlin #studentsinbusiness #StudentsInDubai #studentsininternational
