Common stock dividends .....And Preferred stock dividends.....Great on how you explained everything. Appreciate it. Use the balance sheet and Income statement below:AssetsCurrent assets:Cash and marketable securitiesAccounts receivableInventoryTotalFixed assets:Gross plant and equipmentLess: Accumulated depreciationNet plant and equipmentOther long-term assetsTotalTotal assetsNet salesLess: Cost of goods soldGross profitsLess: Other operating expenses$86203327$ 6162021$1,115174941162$1,103$1,719$Earnings per share (EPS)Dividends per share (DPS)Book value per share (BVPS)Market value (price) per share (MVPS)Less: Accumulated depreciation (2018)Earnings before interest and taxes (EBIT)Less: InterestEarnings before taxes (EBT)Less: TaxesEarnings before interest, taxes, depreciation, andamortization (EBITDA)CLANCY'S DOG BISCUIT CORPORATIONBalance Sheet as of December 31, 2021 and 2020(in millions of dollars)Net incomeLess: Preferred stock dividendsNet income available to common stockholdersLess: Common stock dividendsAddition to retained earnings.Per (common) share data:2020$ 85195305$ 585$CLANCY'S DOG BISCUIT CORPORATIONIncome Statement for Years Ending December 31, 2021 and 2020(in millions of dollars)910127$ 783162$945$1,5302021$ 920403$ 51761$ 45647$ 40962$ 347145$ 202$6$19675$121$1.96$0.75$7.06$8.09Current liabilities:Accrued wages and taxesAccounts payableNotes payableTotalLong-term debtStockholders' equity:Preferred stock (6 thousand shares)Common stock and paid-in surplus (100 thousand shares)Retained earningsTotalTotal liabilities and equity.2020$ 830366$ 46455$ 40945$36456$ 308125$183Liabilities and Equity$ 6$ 17775$ 102$1.77$0.75$5.85$6.332021$ 62168145$ 375 $$ 632$6120586$ 712$1,7192020$ 55155145355584$ 6120465$591$1,530 isdeducted should be Indicated with a minus sign.)x Answer is complete but not entirely correct.Statement of Cash Flows for Year Ending December 31, 2021(in millions of dollars)Cash flows from operating activitiesNet incomeAdditions (sources of cash):PDepreciationIncrease in accounts payableIncrease in accrued wages and taxesSubtractions (uses of cash):Increase in inventoryIncrease in accounts receivableNet cash flow from operating activitiesCash flows from investing activitiesSubtractions:Increase in fixed assetsIncrease in other long-term assetsNet cash flow from investing activitiesCash flows from financing activitiesAdditions:S Dog Biscult Corporation. (Enter your answers in millions of dollars. Amounts to be16-17Increase in notes payableIncrease in long-term debtIncrease in common and preferred stockSubtractions:Common stock dividendsPreferred stock dividendsNet cash flow from financing activitiesNet change in cash and marketable securities$ 20247$WH(22)(8)$ 239137$ (205)0$ (205)690480(6)(75)$(33)$ 1XX×››

Question

Common stock dividends .....And Preferred stock dividends.....Great on how you explained everything.  Appreciate it. Use the balance sheet and Income statement below:AssetsCurrent assets:Cash and marketable securitiesAccounts receivableInventoryTotalFixed assets:Gross plant and equipmentLess: Accumulated depreciationNet plant and equipmentOther long-term assetsTotalTotal assetsNet salesLess: Cost of goods soldGross profitsLess: Other operating expenses$86203327$ 6162021$1,115174941162$1,103$1,719$Earnings per share (EPS)Dividends per share (DPS)Book value per share (BVPS)Market value (price) per share (MVPS)Less: Accumulated depreciation (2018)Earnings before interest and taxes (EBIT)Less: InterestEarnings before taxes (EBT)Less: TaxesEarnings before interest, taxes, depreciation, andamortization (EBITDA)CLANCY'S DOG BISCUIT CORPORATIONBalance Sheet as of December 31, 2021 and 2020(in millions of dollars)Net incomeLess: Preferred stock dividendsNet income available to common stockholdersLess: Common stock dividendsAddition to retained earnings.Per (common) share data:2020$ 85195305$ 585$CLANCY'S DOG BISCUIT CORPORATIONIncome Statement for Years Ending December 31, 2021 and 2020(in millions of dollars)910127$ 783162$945$1,5302021$ 920403$ 51761$ 45647$ 40962$ 347145$ 202$6$19675$121$1.96$0.75$7.06$8.09Current liabilities:Accrued wages and taxesAccounts payableNotes payableTotalLong-term debtStockholders' equity:Preferred stock (6 thousand shares)Common stock and paid-in surplus (100 thousand shares)Retained earningsTotalTotal liabilities and equity.2020$ 830366$ 46455$ 40945$36456$ 308125$183Liabilities and Equity$ 6$ 17775$ 102$1.77$0.75$5.85$6.332021$ 62168145$ 375 $$ 632$6120586$ 712$1,7192020$ 55155145355584$ 6120465$591$1,530 isdeducted should be Indicated with a minus sign.)x Answer is complete but not entirely correct.Statement of Cash Flows for Year Ending December 31, 2021(in millions of dollars)Cash flows from operating activitiesNet incomeAdditions (sources of cash):PDepreciationIncrease in accounts payableIncrease in accrued wages and taxesSubtractions (uses of cash):Increase in inventoryIncrease in accounts receivableNet cash flow from operating activitiesCash flows from investing activitiesSubtractions:Increase in fixed assetsIncrease in other long-term assetsNet cash flow from investing activitiesCash flows from financing activitiesAdditions:S Dog Biscult Corporation. (Enter your answers in millions of dollars. Amounts to be16-17Increase in notes payableIncrease in long-term debtIncrease in common and preferred stockSubtractions:Common stock dividendsPreferred stock dividendsNet cash flow from financing activitiesNet change in cash and marketable securities$ 20247$WH(22)(8)$ 239137$ (205)0$ (205)690480(6)(75)$(33)$ 1XX×››>

Accepted Answer

Cash flow statement is a statement that records the inflow or outflow of cash in the operations of…