PLEASE answer the entire question. With both the financing and operating perspec

Question

PLEASE answer the entire question. With both the financing and operating perspective. (the last 2 people did not!! it is only one question!!!!! answer all parts)

Financial Statements 2015 2014 Balance Sheet Cash Short term investments Accounts Receivable Inventories 12,000.00 $ 25,000.00 $ Total Current Assets Equipment, machinery etc. Buildings etc. less: allowance for depreciation Net fixed Assets 7,282.00 20,000.00 670,000.00 632,160.00 1,516,480.00 $ 1,287,360.00 2348000 S 1.946.802.00 514,062.00 500,000.00 702,950.00 $ 702,950.00 373,160.00 263,160.00 843,852.00 $-939,790.00 3,067.332.00 S 2,886,592.00 2,223 480.00 Total Assets 372,000.00 $ 605,000.00 $ 324,000.00 Accounts Payable Notes Payable accruals 720,000.00 Total Current liabilities Long-term debt Common Stock Retained Earnings 380,300.00 284,960.00 1357 300.00 1.328 960.00 905,000.00 1,000,000.00 660,000.00 460,000.00 97,632.00 145,032.00 $ 805,032.00 557,632.00 3,067 332.00$ 2,886,592.00 Total common equity Total Liabilities and Equity Income Statement Sales Cost of Goods Sold 6,520,000.00 5,834,400.00 6,520,000.00 $ 5,834,400.00 5,492,000.00 $ 4,922,000.00 Gross Profit Operating Expenses 340,000.00 347,000.00 S 327,000.00 $ Fixed Cash op. Expense Variable op. Expense Depreciation Total operating expense Eanings before Interest and Taxes 110,000.00 S 116,960.00 784,000.00 s-732.960.00 179,440.00 176,000.00 3,440.00 1,376.00 2,064.00 244,000.00 $ 145,000.00 S178,000.00 Interest Earnings before Taxes Taxes (40%) Net Income 99,000.00 $ 39,600.00 $ 59.400.00

Explanation / Answer

Solution:

Freec Cash Flows $ Cash flow from operating activities Net Income 59,400 Add: Interest 145,000 Add: Depreciation 110,000 increase in short term investments -5,000 Increase in accounts Receivable -37840 Increase in Inventories -229120 Increase in accounts payable 48000 Decrease in notes Payable -115000 Increase in accurals 96140 Cash flow from operating activities 71,580 Capital Expenditure Purchase of Machinery 14,062 Freec Cash Flows 57,518

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