Question GO-CASH YOUTH Pre-Modeling Evaluation Income Statement 2017 Given the following information, complete 2017's income statement and balance sheet, and generate a cashflow statement for 2017...

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Income statement, balance sheet and cash flow. Plz finish this excel and send it back to me. Deadline is 23:00 p.m. EST. Thx


Question GO-CASH YOUTH Pre-Modeling Evaluation Income Statement2017Given the following information, complete 2017's income statement and balance sheet, and generate a cashflow statement for 2017 Please link all cells by formula, the balance sheet MUST balance to get a passing grade Revenue Please remember your Question-ID for evaluation purposes: QID:3.888_2.469 In 2017 the Company: Purchased New PPE valued at :61.60Recognized Revenues of 3,309.20 Purchased new intangibles valued at:13.30Recognized Expenses of: Issued dividends totalling: 31.40Selling, general, and admin304.67 had an income tax rate of:35.00%Interest on its debt112.59 Issued Additional Common Shares valued at:100.00Research and Development139.00 Other Operating Costs30.37 Directly related to revenues1,067.60 Depreciation15.00 Amortization10.00 On Dec 31st, 2016 Net IncomeThe Company had the following AssetsAnd the following Liabilities & SH equity Cash & Equivalents134.52Preferred Stock48.21 Other Long Term Assets481.72Common Stock & APIC590.98 Balance Sheet20162017Net Goodwill & Intangibles132.97LT Debt1,024.88 ASSETSInventory204.51Portion due in 1 year192.84 Deferred Tax Assets48.99 Gross PPE926.98ST Borrowing91.37 Accumulated Depreciation100.00Treasury Stock- 436.62 Other Current Assets67.65Retained Earnings475.11 Account Receivables290.82Accounts Payable468.50 Prepaid Expenses243.39Deferred Tax Liabilities169.13 On Dec 31st, 2017 The Company had the following AssetsAnd the following Liabilities & SH equity Other Long Term Assets358.75Preferred Stock33.33 Inventory186.90 TOTAL ASSETSDeferred Tax Assets85.43LT Debt697.25 Other Current Assets60.00Portion due in 1 year168.88 LIABILITIESAccount Receivables203.45 Prepaid Expenses112.83ST Borrowing84.44 Treasury Stock- 304.18 Accounts Payable322.20 Deferred Tax Liabilities129.13 SHAREHOLDERS EQUITY TOTAL LIABILITIES & SH EQUITY Cash flow Statement2017
Answered Same DayJul 30, 2021

Answer To: Question GO-CASH YOUTH Pre-Modeling Evaluation Income Statement 2017 Given the following...

Sumit answered on Jul 31 2021
165 Votes
Question
    GO-CASH YOUTH Pre-Modeling Evaluation
        Income Statement        2017        Given the following information, complete 2017's inc
ome statement and balance sheet, and generate a cashflow statement for 2017
                        Please link all cells by formula, the balance sheet MUST balance to get a passing grade
        Revenue        3,309.20
    Less:    Selling, general, and admin        304.67        Please remember your Question-ID for evaluation purposes:
        Interest on its debt        112.59        QID:    3.888_2.469
        Research and Development        139.00
        Other Operating Costs        30.37        In 2017 the Company:
        Directly related to revenues        1,067.60        Purchased New PPE valued at :    61.60        Recognized Revenues of     3,309.20
        Depreciation        15.00        Purchased new intangibles valued at:    13.30        Recognized Expenses of:
        Amortization        10.00        Issued dividends totalling    31.40        Selling, general, and admin    304.67
        EBT        1,629.97        had an income tax rate of:    35.00%        Interest on its debt    112.59
    Less:    Tax Rate        570.49        Issued Additional Common Shares valued at:    100.00        Research and Development    139.00
        Net Income        1,059.48                    Other Operating Costs    30.37
    Less:    Dividend paid         31.40                    Directly related to revenues    1,067.60
        Transferred to Surplus        1,028.08                    Depreciation    15.00
                                    Amortization    10.00
                        On Dec 31st,...
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