020 is $18,500 • There were no disposals of PP&E during the period. • The accumulated depreciation balance was $76,000 and $91,000 at the end of 2019 and 2020, respectively. Answer the following questions related to calculating Macejkovic Corp's operating cash flows using the indirect method for the year ended 12/31/2020. Do not leave any cell blank! Q1: To arrive at operating cash flows, what adjustment (if any) is made to Net Income for Depreciation Expense? $ If the adjustment is positive, enter your answer as a positive number. If the adjustment is negative, enter your answer as a negative number. If there is no adjustment, please enter 0. Q2: To arrive at operating cash flows, what adjustment (if any) is made to Net Income for Gains and Losses? $ If the adjustment is positive, enter your answer as a positive number. If the adjustment is negative, enter your answer as a negative number. If there is no adjustment, please enter 0. Q3: What are operating cash flows for Macejkovic Corp for the year ended 12/31/2020: $ Enter net cash inflows as a positive number and net cash outflows as a negative number. Ť

020 is $18,500 • There were no disposals of PP&E during the period. • The accumulated depreciation balance was $76,000 and $91,000 at the end of 2019 and 2020, respectively. Answer the following questions related to calculating Macejkovic Corp's operating cash flows using the indirect method for the year ended 12/31/2020. Do not leave any cell blank! Q1: To arrive at operating cash flows, what adjustment (if any) is made to Net Income for Depreciation Expense? $ If the adjustment is positive, enter your answer as a positive number. If the adjustment is negative, enter your answer as a negative number. If there is no adjustment, please enter 0. Q2: To arrive at operating cash flows, what adjustment (if any) is made to Net Income for Gains and Losses? $ If the adjustment is positive, enter your answer as a positive number. If the adjustment is negative, enter your answer as a negative number. If there is no adjustment, please enter 0. Q3: What are operating cash flows for Macejkovic Corp for the year ended 12/31/2020: $ Enter net cash inflows as a positive number and net cash outflows as a negative number. Ť

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter4: Balance Sheet: Presenting And Analyzing Resources And Financing

Section: Chapter Questions

Problem 14E

See similar textbooks

Similar questions

Calculate the following ratios based on the balance sheet, income statement and cash flow prepared in question ROE Return on Capital Employed (post-tax) Net Profit Margin EBITDA Margin Effective Tax Rate Operating Cost Ratio Gross Profit Margin Total Asset Turnover Ratio Fixed Asset Turnover Ratio Receivables Turnover Ratio Leverage Ratio [Avg. Total Assets / Avg. Total Equity] FCF / EBITDA Interest Coverage Ratio Debt Service Coverage Ratio Basic EPS (Assume Face Value of each share is INR 10) Debt : Equity Ratio Income Statement (INR Cr) Units Mar/14 Saleable Units 4,570 Revenues Gross Revenues INR Cr 2,116 Less: Environment Cess INR Cr 5 Net Revenues INR Cr 2,121 Growth (%) -1.9% Expenses O&M Expenses (% of Project Costs) INR Cr 146 YoY Escalation 5.72% EBITDA INR Cr 1,974 Margin (%) 93.1% Book Depreciation INR Cr 439 Interest Expenses INR…
Hello, Please advise steps in calculating average net ppe when provided with balance sheet and notes to consolidated financial statements, ppe. Thanks
Required:a. Calculate the following ratios for Sweets plc for 2021 and 2020, showing the formulas and workings:4- Net profit margin5- Asset turnover6- Stock holding days7- Debtors collection period8- Current ratio9- Gearing ratio10- Interest cover
Answer the following question a. Return on equityb. Total assets turnoverc. Return on assetsd. Current ratioe. Receivables turnover
Required:a. Calculate the following ratios for Sweets plc for 2021 and 2020, showing the formulas and workings:1- ROCE2- ROE3- Earnings per share4- Net profit margin5- Asset turnover6- Stock holding days7- Debtors collection period8- Current ratio9- Gearing ratio10- Interest cover
Under AASB101 Presentation of Financial Statements, which of the following items, if it exists, must be presented as a line item in the statement of financial position? a. Revenue b. Share of profit of associates c. Cost of sales d. Trade and other receivables
Organize the following under Income Statement, Share Holder's Equity, and Balance Sheet. a. Interest Receivable b. Interest Revenue c. Accounts Payable d. Accumulated Depreciation e. Wage Payable
Which of the following would NOT be included as an asset on a corporate balance sheet? Select one: O A. Common stocks OB. Accounts receivable OC. Buildings O D. Inventory
Using comparative financial statements of Zayed Abu Dhabi Corporation above, prepare common size statements. Zayed Abu Dhabi Corporation Comparative Balance Sheets For the years ended December 31, 2020 and 2019 Comparative Balance Sheets For the years ended December 31, 2020 and 2019 2020 2019 Common Size 2020 Common Size 2019 Cash.................................................... 58 78 Accounts recble., net......................... 514 490 Merchandise inventory....................... 1332 1802 Plant assets, net................................. 2020 2014 Total assets........................................ 4442 4002
Identify the asset from the following list of accounts:a. Notes Payableb. Common Stockc. Retained Earningsd. Inventory
For each ofthe following accounts, identify whether that item is an asset, liability, or equity account.a. Bonds payableb. Equipmentc. Accounts payabled. Salaries payablee. Common stockf. Retained earningsg. Cashh. Accounts receivablei. Sales revenuej. Inventory
What item flows from the income statement to the statement of retained earnings?a. Cashb. Dividendsc. Net incomed. Inventory