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cash flow for 2019 Cash Flow Exercise Peekup Andropv Transport INCOME STATEMENT...

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Accounting

cash flow for 2019 image
Cash Flow Exercise Peekup Andropv Transport INCOME STATEMENT 2018 Sales 7,325 Cost of Goods Sold 4,578 Gross Profit 2,747 Operating Expenses 1,100 Depreciation 240 Operating Profit 1,407 2019 7,472 4.782 2,690 1,100 250 1,340 1,407 100 1,440 Gain on sale of asset Income from Continuing operations Interest Expense Income Before Tax 143 101 1,264 1,339 Taxes @ 40% Net Income 508 758 535 803 2018 2019 BALANCE SHEET Current Assets Cash Accounts Receivable Inventory Other Current Assets Total Current Assets $ 300 $ 511 $ 850 $ 865 $ 572 $ 598 $ 300 $ 450 $ 2,022 $ 2.424 Property Plant & Equip. Accumulated Depr. Net PP&E Other Long Term Assets $ 5,000 $4,880 $ (2.640) $ (2,735) $ 2,360 $ 2.145 $ 250 $ 400 Total Assets $ 4,632 $ 4.969 Current Liabilities Accounts Payable Other Short term debt Total Current Liabilities $ $ $ 376 $ 105 $ 481 $ 150 125 275 Long Term Debt $ 2,379 $ 1,750 Common Stock at Pary Additional Paid in Capital Retained Earnings Treasury Stock Shareholders Equity $ 243 $ 299 $ 972 $ 1,172 $ 762 $ 1,565 $ (205) (92) $ 1,772 $ 2,944 Total Liabilities & Equity $ 4,632 $ 4.969 During 2015 Peekup Andropv Transport sold an asset for $145. The original cost was $200 and the accumulated depreciation was $155

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