Question

In: Accounting

Prepare a statement of cash flows for PepsiCo for the fiscal year ended December 28, 2019...

Prepare a statement of cash flows for PepsiCo for the fiscal year ended December 28, 2019 using the Direct method.

Solutions

Expert Solution

Please give positive rating your feedback is valuable to me.

ekkarill92 answered 1 year ago
Next > < Previous

Related Solutions

Prepare the financing section of the statement of cash flows for the year ended December 31,...
Prepare the financing section of the statement of cash flows for the year ended December 31, 2018. 13) Dakota Telescopes Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement:                                    Dakota Telescopes Company                                              Income Statement                                  Year Ended December 31, 2019 Sales Revenue                                                   $275,000 Interest Revenue                                                     2,600 Total Revenues                                                                                   $277,600 Cost of Goods Sold                                             135,000 Salary Expense                                                      66,500 Depreciation Expense                                          32,000 Other Operating Expenses                                 35,900 Interest Expense                                                      2,400 Income Tax...
Prepare the statement of cash flows for the year ended December 31,2017 using the indirect method
XS supply company is developing its annual financial statement at December 31,2017. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized Particulars 2017 2018 Balance sheet at December 31     Cash $ 50,720 $ 34,800 Accounts Receivable 42,850 36,100 Merchandise Inventory 49,750 43,700 Property & Equipment 1,64,000 1,38,000 Less : Accumulated Depreciation (39,600) (34,500)   2,67,720 2,18,100 Accounts Payable 40,050 30,700 Wages Payable 1,910 2,400 Note Payable,Long...
Using the financial data below, prepare a statement of cash flows for the year ended December...
Using the financial data below, prepare a statement of cash flows for the year ended December 31, 2014 for Summer Peebles, Inc. using the indirect method. Include the Excel spreadsheet picture with all calculations. Summer Peebles, Inc. Income Statement Year Ending December 31, 2014 Sales $1,000.00 Cost of Goods Sold -$650.00 Depreciation Expense -$100.00 Sales and General Expense -$100.00 Interest Expense -$50.00 Income Tax Expense -$40.00 Net Income $60.00 Summer Peebles, Inc. Balance Sheets as of December 31, 2013 and...
Prepare a statement of cash flows for Henderson ?Industries, Inc., for the year ended December? 31,...
Prepare a statement of cash flows for Henderson ?Industries, Inc., for the year ended December? 31, 2017?, using the indirect method. Henderson Industries, Inc. Income Statement For the Year Ended December 31, 2017 Sales revenues $950,000 Less: Cost of goods sold 378,000 Gross profit $572,000 Less operating expenses: Salaries and wages expense $187,000 Insurance expense 14,500 Depreciation expense 48,400 Other operating expenses 88,000 Total operating expenses 337,900 Operating income $234,100 Plus other income and less other expenses: Interest expense $5,900...
Using the financial data below, prepare a statement of cash flows for the year ended December...
Using the financial data below, prepare a statement of cash flows for the year ended December 31, 2014 for Summer Peebles, Inc. using the indirect method. Summer Peebles, Inc. Income Statement Year Ending December 31, 2014 Sales $1,000.00 Cost of Goods Sold -$650.00 Depreciation Expense -$100.00 Sales and General Expense -$100.00 Interest Expense -$50.00 Income Tax Expense -$40.00 Net Income $60.00 Summer Peebles, Inc. Balance Sheets as of December 31, 2013 and 2014 Assets 2013 2014 Cash $50.00 $60.00 Accounts...
Using the financial data below, prepare a statement of cash flows for the year ended December...
Using the financial data below, prepare a statement of cash flows for the year ended December 31, 2014 for Summer Peebles, Inc. using the indirect method. Summer Peebles, Inc. Income Statement Year Ending December 31, 2014 Sales $1,000.00 Cost of Goods Sold -$650.00 Depreciation Expense -$100.00 Sales and General Expense -$100.00 Interest Expense -$50.00 Income Tax Expense -$40.00 Net Income $60.00 Summer Peebles, Inc. Balance Sheets as of December 31, 2013 and 2014 Assets 2013 2014 Cash $50.00 $60.00 Accounts...
Consolidated statement of cash flows for the GM Group for the year ended 31 December 2019
  Consolidated statement of cash flows for the GM Group for the year ended 31 December 2019   Cash flows from operating activities $000 $000 Profit before tax Adjust for: Depreciation Share of profit of associate Finance costs Changes in working capital: Decrease in inventories Decrease in receivables Increase in payables Cash generated from operations Less interest paid Less tax paid Net cash from operating activities 5,200 3,400 (900) 400 800 1,400             600 10,900 (200) (1,700) 9,000 Cash flows...
Prepare Stoughton's statement of cash flows for the year ended December​ 31, 2018​, using the indirect...
Prepare Stoughton's statement of cash flows for the year ended December​ 31, 2018​, using the indirect method. Evaluate the​ company's cash flows for the year. In your​ evaluation, mention all three categories of cash flows and give the rationale for your evaluation. Evaluate the​ company's cash flows for the year. In your​ evaluation, mention all three categories of cash flows and give the rationale for your evaluation. Revenues: Service revenue                                 $283,000 Dividend revenue                                     8,700                                                                                                                             $291,700 Expenses: Cost of goods...
Prepare Statement of cash flows for Travel Products Inc. for year ended December 31,2014 using the...
Prepare Statement of cash flows for Travel Products Inc. for year ended December 31,2014 using the indirect method. Service revenue.......$235,000 Dividend revenue.....8,200 Total revenues.......$243,000 Expenses: Cost of goods sold $103,000 Salary expense $58,000 Depreciation expense $21,000 Advertising expense 2,900 Interest expense $3,300 Income tax expense $6,000 Total expenses 194,200 Net Income $49,000 Additional Data Aquisition of plant assets was $125,000. Of this amount 75,000 was paid in cash and $50,000 by signing a note payable. Proceeds from sale of land...
The Murdock Corporation Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows...
The Murdock Corporation Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from Operating Activities: Net Income $         50,000 Adjustments to reconcile Net Income to Net Cash provided by operations Depreciation Expense $     53,000 Gain on Sale of Debt securities $     (4,500) Gain on Sale of Equipment $       1,000 Increase in Accounts Receivables $   (11,750) increase in Inventory $   (20,000) Decrease in Prepaid Insurance $          500 Decrease in Accounts Payable $   (72,330) Decrease in Salaries Payable...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT