Fiscal and Monetary Policy
We’re continuing to analyze the same company as in modules 2, 3, and 4.
Based on additional information added in modules 3 and 4, please use the information below to make a statement of cash flows.
• The beginning cash balance is $16,700.
• Use the Net Income from Module 2.
• Use depreciation expense of Module 2.
• During the year 12, Inventory increases by $42,500.
• During the year 12, Land increases by $400,000.
• During the year 12, Long-Term Debts increase by $350,000.
• During the year 12, the company made a secondary offering of stock and raised an additional $150,000.
• During the year 12, the company had paid $15,000 in dividends.
Using the Indirect Method, prepare a statement of cash flows for the company in good format and compare two financial statements between the income statement and statement of cash flows. You do not need to include the income statement or balance sheet.
This is a Signature Assignment for ACC201 Module 5 SLP.
There are 2 specific le