Using the information below, complete the operating cash flow section of the Statement of Cash Flows for Peter Ltd using direct method. Your presentation must be consistent with the requirements of AASB107. Ignore tax. Reporting date is 30 June. The balances of selected accounts of Peter Ltd at 30 June 2021 and 30 June 2022 were ($000):     2021 2022 Cash 3850 1200 Inventory 3750 4250 Accounts receivable 2800 3500 Allowance for doubtful debts 320 260 Land 5000 5000 Plant 2750 2800 Accumulated depreciation 490 450 Accounts payable 3200 3500 Rent payable 100 130 Salaries payable 120 190 Share capital 1000 1000 Sales (on credit) 7750 6550 Cost of goods sold 1250 1100 Doubtful debts expense 280 300 Rent expense 540 450 Salaries expense 800 750 Depreciation expense 260 180 Required:  Peter Ltd’s operating cash flow section extracted from the Statement of Cash Flows for year ended 30 June 2022 (Direct Method)

Rize Kamishiro Corp. uses the direct method to prepare its statement of cash flows. Rize Kamishiro's trial balances at December 31, 2021 and 2022 are as follows: 12/31/22 12/31/21 Debits Cash P35,000 33,000 31,000 100,000 4,500 P32,000 30,000 47,000 95,000 Accounts receivable Inventory Property, plant and equipment Unamortized bond discount Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense 5,000 380,000 172,000 151,300 250,000 141,500 137,000 4,300 20,400 P756,700 2,600 61,200 P976,100 Credits Allowance for uncollectible accounts P1,300 P1,100 Accumulated depreciation Trade accounts payable Income taxes payable Deferred tax liability 8% callable bonds payable Share capital Share premium Retained earnings 16,500 15,000 25,000 21,000 5,300 45,000 50,000 17,500 27,100 4,600 20,000 40,000 7,500 64,600 778,700 P976,100 9,100 44,700 Sales 538,800 P756,700 • Rize Kamishiro purchased P5,000 in equipment during 2022. • Rize Kamishiro…

The balance sheets for Plasma Screens Corporation, along with additional information, are provided below:Additional Information for 2021: 1. Net income is $79,000. 2. The company purchases $110,000 in equipment. 3. Depreciation expense is $150,000. 4. The company repays $115,000 in notes payable. 5. The company declares and pays a cash dividend of $30,000.Required:Prepare the statement of cash flows using the indirect method.

Sheridan Company completed its first year of operations on December 31. 2022. It initial income statement showed that Sheridan had sales revenue of $190,900 and operating expenses of $73,200. Accounts receivable and accounts payable at year-end were $63,900 and $31,600 respectively. Assume that accounts payable related to operating expenses. Inore income taxes. Compute net cash provided by operating activities using the direct method. (Show amo wnts that decrease cosh fow with either a sign eg 1s oog orinparenthesises (15,000) Net cash provided by operating activities

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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

ces The chief accountant for Grandview Corporation provides you with the company's 2024 statement of cash flows and income statement. The accountant has asked for your help with some missing figures in the company's comparative balance sheets. These financial statements are shown next ($ in millions). Cash Flows from Operating Activities: Collections from customers GRANDVIEW CORPORATION Statement of Cash Flows For the Year Ended December 31, 2024 Payment to suppliers Payment of general and administrative expense Payment of income taxes Net cash flows from operating activities Cash Flows from Investing Activities: Sale of investments Cash Flows from Financing Activities: Issuance of common stock Payment of dividends Net cash flows from financing activities Net increase in cash GRANDVIEW CORPORATION Income Statement For the Year Ended December 31, 2024 Sales revenue Cost of goods sold Gross profit Operating expenses: General and administrative expense Depreciation expense Total operating…

16. The chief accountant for Grandview Corporation provides you with the company’s 2021 statement of cash flows and income statement. The accountant has asked for your help with some missing figures in the company’s comparative balance sheets. These financial statements are shown next ($ in millions). GRANDVIEW CORPORATIONStatement of Cash FlowsFor the Year Ended December 31, 2021 Cash Flows from Operating Activities:               Collections from customers $ 134           Payment to suppliers   (44 )         Payment of general & administrative expenses   (34 )         Payment of income taxes   (25 )         Net cash flows from operating activities         $ 31   Cash Flows from Investing Activities:               Sale of investments           81   Cash Flows from Financing Activities:               Issuance of common stock   15           Payment of dividends   (6 )         Net cash flows from financing activities           9   Net increase in cash…

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