$ ents. \\begin{tabular}{|l|l|l|} \\hline & 2021 & 2022 \\\\ \\hline...

80.2K

Verified Solution

Question

Finance

imageimage

$image

image

ents. \\begin{tabular}{|l|l|l|} \\hline & 2021 & 2022 \\\\ \\hline Assets & & \\\\ \\hline Current assets & & \\\\ \\hline Cash & 41,212 & 246,381 \\\\ \\hline Accounts receivable & 36,444 & 63,944 \\\\ \\hline Inventory & 690,323 & 749,724 \\\\ \\hline Prepaid expenses & 1,145 & 1,145 \\\\ \\hline Total current assets & 769,124 & \\( 1,061,194 \\) \\\\ \\hline Long term assets & & \\\\ \\hline \\( \\begin{array}{l}\\text { Property, plant, \\& } \\\\ \\text { equipment (net) }\\end{array} \\) & 391,688 & 361,688 \\\\ \\hline Total long term assets & 391,688 & 361,688 \\\\ \\hline Total assets & \\( 1,160,812 \\) & \\( 1,422,882 \\) \\\\ \\hline & & \\\\ \\hline Liabilities \\& shareholders' \\\\ equity & & \\\\ \\hline Current liabilities & & \\\\ \\hline Payables \\& accruals & 44,799 & 49,493 \\\\ \\hline Income taxes payable & 82,670 & 52,597 \\\\ \\hline \\( \\begin{array}{l}\\text { Current portion of loan } \\\\ \\text { payable }\\end{array} \\) & 10,600 & 10,600 \\\\ \\hline Total liabilities & 138,069 & 112,690 \\\\ \\hline Long term liabilities & & \\\\ \\hline Bank loan payable & 106,092 & 95,492 \\\\ \\hline Due to shareholders & 0 & \\\\ \\hline Total long-term liabilities & 106,092 & 95,492 \\\\ \\hline & 244,161 & 208,182 \\\\ \\hline \\end{tabular} There are no purchases/sales of property, plants and equipments (PP\\&E) in 2022. The company doesn't pay any dividends in 2022. Build a statement of cashflow for 2022. Please round all numbers to the near whole number. No decimal places, no \\$, no comma. For cash inflow, please use positive numbers. For cash outflow, please use negative numbers. Question 1 (1 point) Statement of cashflow Operating activities Net income Question 2 (1 point) Depreciation Question 3 (1 point) Change in accounts receivable Question 4 (1 point) Change in inventory Question 5 (1 point) Change in prepaid expenses Question 6 (1 point) Change in accounts payable Question 7 (1 point) Change in income tax payable Question 8 (1 point) Financing activities Bank loan payable Question 9 (1 point) Investing activities Net property, plant \\& equipment purchases Question 10 (1 point) Net cashflow Question 11 (1 point) Beginning cash Question 12 (1 point) Ending cash

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students