**Financial Breakdown for Educational Purposes** Below is a detailed financial breakdown which outlines various transactions and financial positions for CORIS RA as of the indicated period. | **Details** | **Amount** | |------------------------------------------|-----------------| | Advances to Staff | 660,000 | | Local Park Fees | 720,400 | | Inventory and Consumables | 800,000 | | Special Services | 820,000 | | Property Rate | 820,900 | | Social Benefit | 840,300 | | Market Tolls | 870,000 | | Consumption of Fixed Assets | 960,000 | | Infrastructure, Plant and Equipment | 980,000 | | Permit Fees | 990,000 | | Proceeds from Sale of Equity | 990,320 | | Established Posts | 1,140,700 | | Development Bonds Issued | 1,300,000 | | Business Income | 2,300,600 | | Loans Received | 2,330,000 | | Local Fund | 2,930,000 | | Rent from Land and Building | 6,120,800 | | Central Government Salaries | 12,000,000 | | Cash and Cash Equivalent (@ 1/1/2020) | 12,300,240 | | Parish Development Facility | 15,000,600 | --- ### Notes: 1. **Accrual Accounting Basis**: - Ensure that CORIS RA adopts and maintains the accrual accounting basis when preparing its financial statements. 2. **Outstanding Salaries**: - As of December 31, 2020, the Established Post had outstanding salaries amounting to $180,000,000.00. 3. **Closing Inventory and Consumables**: - The closing Inventory and Consumables as of December 31, 2020, stood at $170,000,000.00. This table and accompanying notes provide a snapshot of the financial activities and position of CORIS RA, highlighting various income sources, expenditures, and significant financial obligations. The emphasis on accrual accounting basis is crucial for accurate financial reporting, ensuring all financial transactions are recorded when they occur, regardless of when the cash transactions happen. **CORIS RA Financial Accounting Information for 2020** --- CORIS RA is a government-owned enterprise mandated to generate its income, which it uses for capital and recurrent expenditures. The legislation also empowers the government to transfer parts or all of the income it generates to the consolidated fund as it deems fit. Besides its own generated income, the government provides CORIS RA with monthly subventions to cover its recurrent expenditures based on CORIS RA's budgetary demands and the legal allocations by the government. For the fiscal years 2017 and 2018, CORIS RA employed the cash basis for preparing its financial statements; however, certain accounting transactions were recorded using the accrual basis. It is noteworthy that the government has instructed all its agencies to use an accrual basis, which is guided and recommended by IPSAS (International Public Sector Accounting Standards). In 2020, you were commissioned by the government to assist CORIS RA with its accounting processes. This task included recording, generating, and preparing accounting transactions and final accounts as per IPSAS guidelines. Together with a team of qualified and seasoned accountants, the following accounting information for CORIS RA was prepared for the fiscal year ending December 2020: | **Details** | **Amount** | |---------------------------------------|------------| | Dividend Received | 93,250 | | Loan payment | 143,000 | | Amounts Recovered | 194,000 | | Interest Expense | 200,000 | | Court Administration Fees | 240,000 | | Cost of Training | 275,000 | | Bar License | 300,400 | | Store Rent | 300,750 | | Fines and Penalties | 330,000 | | General Cleaning | 350,000 | | Sanitation | 370,000 | | Accumulated Fund (1/1/2020) | 370,600 | | Basic Taxes and Rates | 370,900 | | Allowances | 390,470 | | Equity Investment Acquired | 420,000 | | Royalties | 430,000 | | Accountancy and Consultancies cost | 470,000 | | Work-In-Progress | 490,000 | | Herbalist License | 530,370 | | Posts on Lot

Given the financial data for New Electronic World, Inc. (NEW), compute the following measures of cash flows for the NEW for the year ended December 31, 2021 Required: Compute for the operating cash flow   Compute for the free cash flow

Calculate working capital for the year 2019?

Preparing a Cash Flow Statement—Indirect Method Sketchers Corporation’s recent comparative balance sheet and income statement follow.   Balance Sheets, December 31 2019 2020 Assets     Cash and cash equivalents $12,800 $54,400 Accounts receivable (net) 16,000 28,800 Inventory 32,000 38,400 Investment, long-term 6,400   Plant assets 96,000 150,400 Accumulated depreciation (16,000) (22,400) Total assets $147,200 $249,600 Liabilities and Stockholders’ Equity     Accounts payable $9,600 $16,000 Notes payable, short-term (nontrade) 12,800 9,600 Notes payable, long-term 32,000 57,600 Common stock, no-par 80,000 128,000 Retained earnings 12,800 38,400 Total liabilities andstockholders’ equity $147,200 $249,600 Income Statement,For Year Ended December 31 2020 Sales revenue $480,000 Cost of goods sold (288,000) Gross margin 192,000 Depreciation expense (6,400) Other operating expenses (104,400) Net income $83,200   Additional…

This Information will be used for all questions: Selected Balance Sheet Information    Year 2020     Year 2021 Cash             40,000  ?  Accounts Receivable             10,000             14,000 Prepaid Rent               5,000               6,000 Inventory             35,000             30,000 Accounts Payable               3,000               2,000 Unearned Revenue               5,000               7,000 Income Taxes Payable             14,000             12,000       Other Relevant Information for 2021     Beginning Cash Balance             40,000   Net Income             65,000   Depreciation Expense             40,000   Cash Paid for Dividends             10,000   Cash Received for Loan             40,000   Cash Repaying Loan             10,000   Cash Payment to Purchase Land             12,000   Cash Received for Sale of Equipment             15,000   Gain on Sale of Equipment               5,000   Cash Received for Issuance of Stock…

Determine External Funds Needed (EFN) and how it may be financed.

Please help.

Can you assess the company’s overall cash flow disposition for 2019, 2020 and 2021 in terms of the positive or negative cash flow patterns for the three categories of cash flows. *NEED ASAP*

Compare and explain the data presented ( Year 2019-2020) in the balance sheet.

Prepare the Cash Flow for the year 2021