Question 3: KLM Co. had the following information in 2020: Issuance of common stock 32000 Payment of dividends Bank loan repaid Purchase of equipment Issuance of bonds payable Sale of long Term Assets...


Question 3:<br>KLM Co. had the following information in 2020:<br>Issuance of common stock<br>32000<br>Payment of dividends<br>Bank loan repaid<br>Purchase of equipment<br>Issuance of bonds payable<br>Sale of long Term Assets<br>15000<br>21000<br>55000<br>29000<br>24000<br>Decrease in Accounts receivable<br>17000<br>Purchase of short term investment<br>12000<br>Increase of prepaid expenses<br>15000<br>Purchase of land<br>50000<br>Net Profit<br>37800<br>Depreciation<br>Amortization<br>18500<br>9500<br>Prepare cash flows statement, use indirect method for operating cash flow.<br>

Extracted text: Question 3: KLM Co. had the following information in 2020: Issuance of common stock 32000 Payment of dividends Bank loan repaid Purchase of equipment Issuance of bonds payable Sale of long Term Assets 15000 21000 55000 29000 24000 Decrease in Accounts receivable 17000 Purchase of short term investment 12000 Increase of prepaid expenses 15000 Purchase of land 50000 Net Profit 37800 Depreciation Amortization 18500 9500 Prepare cash flows statement, use indirect method for operating cash flow.
Question 4:<br>XYZ Co. had the following information in 2020:<br>Sales<br>150000<br>COGS<br>80000<br>Operating expenses (excluding depreciation)<br>Interest expense<br>32000<br>8000<br>Таxes<br>3000<br>Increase in Accounts receivable<br>7000<br>Decrease in inventory<br>Increase in Accounts payable<br>Decrease in other payables<br>Increase in interest payable<br>Decrease in tax payable<br>4000<br>5000<br>3500<br>2000<br>1000<br>Prepare operating cash flows using direct method.<br>

Extracted text: Question 4: XYZ Co. had the following information in 2020: Sales 150000 COGS 80000 Operating expenses (excluding depreciation) Interest expense 32000 8000 Таxes 3000 Increase in Accounts receivable 7000 Decrease in inventory Increase in Accounts payable Decrease in other payables Increase in interest payable Decrease in tax payable 4000 5000 3500 2000 1000 Prepare operating cash flows using direct method.

Jun 11, 2022
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