Selected:

Dredd Company has begun a worksheet

$15.99

$15.99

Dredd Company has begun a worksheet Ex. 1 The following information is available for Young Corporation: Capital expenditures $115,000 Cash dividends 75,000 Cash provided by operations 220,000 Net income 130,000 Sales 600,000 Instructions Compute Young Corporation’s free cash flow. aEx. 2 Dredd Company has begun a worksheet for preparing a statement of cash flows. The following additional information is provided: 1. Cash dividends of $8,000 were paid during the year. 2. Land which originally cost $60,000 was sold for $52,000. 3. Common stock was issued at par value for cash. Instructions Complete the worksheet for Judge Company. DREDD COMPANY Worksheet Statement of Cash Flows For the Year Ended December 31, 2014 Balance Reconciling Items Balance Balance Sheet Accounts 12/31/13 Debits Credits 12/31/14 Debits Cash 30,000 60,000 Accounts receivable 40,000 54,000 Inventory 90,000 112,000 Land 60,000 -0- Equipment 131,000 142,000 Total 351,000 368,000 Credits Accounts payable 15,000 10,000 Bonds payable 25,000 10,000 Accumulated depreciation— equipment 81,000 96,000 Common stock 170,000 180,000 Retained earnings 60,000 72,000 Total 351,000 368,000 Statement of Cash Flows Effects Operating activities Net income 20,000 Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

Dredd Company has begun a worksheet

Reviews

There are no reviews yet.

Be the first to review “Dredd Company has begun a worksheet”

Your email address will not be published. Required fields are marked *

Close Menu
×
×

Cart