FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Compute free cash flow for 2022. Show your work.

 

Cash Flows from Operating Activitles
Net Income
Adjustments to reconcile net income to
Net Cash Provided by Operating Activities ✓
Depreciation Expense
Gain on Disposal of Equipment
Increase In Accounts Receivable
CORONADO COMPANY
Statement of Cash Flows
For the Year Ended December 31, 2022
Decrease in Inventory
Decrease in Accounts Payable
Net Cash Provided by Operating Activities ✓
Cash Flows from Investing Activities
Sale of Land
69
$
49,680
(5,520)
(10,120)
19,320
(9,200)
25,760
659
92,000
44,160
136,160
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Transcribed Image Text:Cash Flows from Operating Activitles Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities ✓ Depreciation Expense Gain on Disposal of Equipment Increase In Accounts Receivable CORONADO COMPANY Statement of Cash Flows For the Year Ended December 31, 2022 Decrease in Inventory Decrease in Accounts Payable Net Cash Provided by Operating Activities ✓ Cash Flows from Investing Activities Sale of Land 69 $ 49,680 (5,520) (10,120) 19,320 (9,200) 25,760 659 92,000 44,160 136,160
Sale of Equipment
Purchase of Equipment
Net Cash used by Investing Activities
Cash Flows from Financing Activities
Issuance of Common Stock
Redemption of Bonds
Payment of Cash Dividends
Net Cash used by Financing Activities
Net Increase in Cash
Cash at Beginning of Perlod
Cash at End of Perlod
33,120
(101,200)
38,640
(55,200)
(30,360)
(42,320)
(46,920)
46,920
20,240
67,160
expand button
Transcribed Image Text:Sale of Equipment Purchase of Equipment Net Cash used by Investing Activities Cash Flows from Financing Activities Issuance of Common Stock Redemption of Bonds Payment of Cash Dividends Net Cash used by Financing Activities Net Increase in Cash Cash at Beginning of Perlod Cash at End of Perlod 33,120 (101,200) 38,640 (55,200) (30,360) (42,320) (46,920) 46,920 20,240 67,160
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