To hire our pro writers, fill the instructions form & checkout for your order—guaranteed top college graduates & NO AI—Plagiarism in the final papers! Pursuing an 8-16 week course? Let the best in ace my homework writing services and online class help, assist you today.
Posted: July 28th, 2024
Submit as a Microsoft® Excel
or Word® document.
Prepare a statement
of cash flows-indirect method
E13-8Here are comparative balance sheets for
Taguchi Company
TAGUCHI COMPANY
Comparative Balance Sheets
December 31
Assets 2011 2010
Cash $
73,000 $ 22,000
Accounts receivable 85,000 76,000
Inventories
170,000 189,000
Land
75,000 100,000
Equipment
260,000 200,000
Accumulated depreciation
(66,000)
(32,000)
Total $597,000
$555,000
Liabilities and Stockholdersâ Equity
Accounts payable $ 39,000 $ 47,000
Bonds payable 150,000 200,000
Common stock ($1 par) 216,000
174,000
Retained earnings 192,000
134,000
Total
$597,000 $555,000
Additional information:
1.Net
income for 2011 was $103,000.
2.Cash
dividends of $45,000 were declared and paid.
3.Bonds
payable amounting to $50,000 were redeemed for cash $50,000.
4.Common
stock was issued for $42,000 cash.
5.No equipment was sold during 2011, but
land was sold at cost
Prepare
a statement of cash flows for 2011 using the indirect method.
E14-3
The comparative condensed balance sheets
of Conard Corporation are presented below.
Prepare horizontal and vertical analyses
We get a lot of “Can you do MLA or APA?”—and yes, we can! Our writers ace every style—APA, MLA, Turabian, you name it. Tell us your preference, and we’ll format it flawlessly.
CONARD CORPORATION
Comparative Condensed Balance Sheets
December 31
2012
2011
Assets
Current assets $
74,000
$ 80,000
Property, plant, and equipment (net)
99,000 90,000
Intangibles
27,000 40,000
Total assets
$200,000 $210,000
Liabilities and stockholdersâ equity
Current liabilities
$ 42,000 $ 48,000
Long-term liabilities 143,000 150,000
Stockholdersâ equity 15,000 12,000
Total liabilities and stockholdersâ equity $200,000 $210,000
Instructions
(a)Prepare
a horizontal analysis of the balance sheet data for Conard Corporation using
2011
as a base.
(b)Prepare
a vertical analysis of the balance sheet data for Conard Corporation in
columnar
form for 2012.
Every student wants the best grades and that’s our Focus
Our team consists of outstanding writers who have specialized knowledge in specific subject areas and professionals experienced in academic research writing. They hold at least a graduate degree—230 with Masters and MSN qualifications, experts carefully selected and trained to ensure the best quality of our work. .
We’re dedicated to bringing on board top-notch writers who can provide excellent work at prices that make sense for college students; affordable papers. Our goal? To give you the best bang for your buck without ever compromising on the quality of our essay writing services—or the content of your paper. #Don’t forget to use the DISCOUNT code in the COUPONS section of the order form before you pay!.
The service guarantees that our final work is 100% original, rearched and human written expertly. We are committed to delivering plagiarism-free and AI-free work to each university/college student's 'write my paper' request. To uphold this promise, we check every draft for any possible instances of duplication, wrong citation, grammar errors and artificiality before we send it to you. Thus, you can always rely on us to write genuine and high-standard content for your essay assignments.
When you trust to place an order with Homework Ace Tutors, here is what happens: