The comparative balance sheet of Hirayama Industries Inc. for December 31, 20Y2 and 20Y1, is as follows:   Dec. 31, 20Y2 Dec. 31, 20Y1 Assets     Cash $115   $37   Accounts receivable (net) 66   47   Inventories 41   26   Land 94   105   Equipment 53   41   Accumulated depreciation-equipment (14)   (7)     Total Assets $355   $249   Liabilities and Stockholders' Equity     Accounts payable (merchandise creditors) $45   $37   Dividends payable 7   -   Common stock, $1 par 23   12   Excess of paid-in capital over par 56   29   Retained earnings 224   171     Total liabilities and stockholders' equity $355   $249   The following additional information is taken from the records: Land was sold for $28. Equipment was acquired for cash. There were no disposals of equipment during the year. The common stock was issued for cash. There was a $76 credit to Retained Earnings for net income. There was a $23 debit to Retained Earnings for cash dividends declared. Prepare a statement of cash flows, using the indirect method of presenting Cash flows from (used for) operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.

The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 20Y7, is as follows: Line Item Description December 31, 20Y8 December 31, 20Y7 Assets Cash $49,240 $60,530 Accounts receivable (net) 75,650 81,600 Inventories 108,080 101,130 Prepaid expenses 4,400 3,060 Equipment 220,160 181,200 Accumulated depreciation-equipment (57,240) (44,440) Total assets $400,290 $383,080 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $84,060 $80,060 Mortgage note payable 0 114,920 Common stock, $1 par 13,000 8,000 Paid-in capital in excess of par-common stock 183,000 108,000 Retained earnings 120,230 72,100 Total liabilities and stockholders’ equity $400,290 $383,080 Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows: Net income, $123,210. Depreciation reported on the income statement, $27,840. Equipment was purchased at a cost of $54,000 and fully depreciated…

Operating activities: Net earnings Non-cash items Add: Depreciation LAURENT COMPANY Statement of Cash Flows For the year 31 December 20X8 Changes to working ital: Add: Decrease in accounts receivable Less: Increase in accounts payable Less: Increase in inventory Investing activities: Decrease in long-term bank loan Purchase of long-term investment Financing activities: Sold long-term investment Paid cash dividend Net change in cash Opening cash Closing cash Chemisie ہے

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The following are comparative balance sheets for Bramble Company. Assets Cash Accounts receivable Inventory Land Equipment Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total Additional information: 1. 2. 3. 4. BRAMBLE Company Comparative Balance Sheets December 31 5. 6. 7. 2022 $73,500 86,200 169,600 73,300 259,600 (66,400) $595,800 $35,300 151,500 217,200 191,800 $595,800 2021 $32,900 70,600 187,200 101,200 200,700 (33,900) $558,700 $46,600 203,000 174,700 134,400 $558,700 Net income for 2022 was $101,500. Depreciation expense was $32,500. Cash dividends of $44,100 were declared and paid. Bonds payable with a carrying value of $51,500 were redeemed for $51,500 cash. Common stock was issued at par for $42,500 cash. No equipment was sold during 2022. Land was sold for its book value. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash…

The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 20Y7, is as follows:   Dec. 31, 20Y8 Dec. 31, 20Y7 Assets     Cash $70,910   $86,990   Accounts receivable (net) 108,960   117,270   Merchandise inventory 155,660   145,360   Prepaid expenses 6,340   4,400   Equipment 317,080   260,420   Accumulated depreciation-equipment (82,440)   (63,870)     Total assets $576,510   $550,570         Liabilities and Stockholders' Equity     Accounts payable (merchandise creditors) $121,070   $115,070   Mortgage note payable 0   165,170   Common stock, $1 par 19,000   12,000   Paid-in capital: Excess of issue price over par-common stock 260,000   155,000   Retained earnings 176,440   103,330     Total liabilities and stockholders’ equity $576,510   $550,570   Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows: Net income, $187,160. Depreciation…

Fortune Corporation's comparative balance sheet showed noncash current assets and liabilities as follows: Dec. 31, Year 2 Dec. 31, Year 1 $7,639 $4,034 11,762 16,277 4,443 5,510 4,585 2,265 Accounts receivable Merchandise inventory Accounts payable Dividends payable Adjust Year 2 net income of $48,103 for changes in current operating assets and liabilities to arrive at net cash flows from operating activities using the indirect method.

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Alcoser Corporation's most recent balance sheet appears below:   Comparative Balance Sheet   Ending Balance Beginning Balance Assets:     Cash and cash equivalents $ 34 $ 29 Accounts receivable 32 36 Inventory 53 66 Property, plant, and equipment 554 480 Less accumulated depreciation 208 206 Total assets $ 465 $ 405 Liabilities and stockholders' equity:     Accounts payable $ 41 $ 50 Accrued liabilities 17 16 Income taxes payable 28 30 Bonds payable 217 200 Common stock 75 70 Retained earnings 87 39 Total liabilities and stockholders' equity $ 465 $ 405   Net income for the year was $60. Cash dividends were $12. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.   The net cash provided by (used in) investing activities for the year was:   Multiple Choice   $74   $(74)…

Selected financial data for Wilmington Corporation is presented below.   WILMINGTON CORPORATION Balance Sheet As of December 31   Year 7 Year 6 Current Assets     Cash and cash equivalents $    634,527 $   335,597 Marketable securities 166,106 187,064 Accounts receivable (net) 284,226 318,010 Inventories 466,942 430,249 Prepaid expenses 60,906 28,060 Other current assets 83,053 85,029 Total Current Assets 1,695,760 1,384,009       Property, plant and equipment 1,384,217 625,421 Long-term investment 568,003 425,000 Total Assets $3,647,980 $2,434,430       Current Liabilities     Short-term borrowings $   306,376 $    170,419 Current portion of long-term debt 155,000 168,000 Accounts payable 279,522 314,883 Accrued liabilities 301,024 183,681 Income taxes payable 107,509 196,802 Total Current Liabilities 1,149,431…