Answer Happy

points Sveyed Joyner Company's income statement for Year 2 follows: Sales 8711,000 326,906 Coat of goods wood Gross margin Selling and ad 405,000 rative expens 150,400 Net operating income 334,200 operating it dain on sale of equipment 10,000 Income before a 344,200 Income taxes 193,300 Net Income $240,540 Its balance sheet amounts at the end of Years 1 and 2 are as follows THAT 2 Avnote Cash $223,4 Accounts receivable Tevestory Prepaid expanas Total ent Property, plant, and paint Lass scolated depreciation et property, plant, and equipment Less to Ryan Company Total te Libilition and Stockholders Sty et payable Acorsed 11ti Is taxes payable Teal liabilistes Bands payable Total abilities Comstock 241,000 15.10 Retained Total stockiders pity Total abilities and stockholders pity 1.1.195,40 474,400 Equipment that had cost $30.800 and on which there was accumulated depreciation of $10.700 was sold during Year 2 to 530100 The company declared and paid a cash dividend during Year 2. It did not retre any bonds or repurchase any of as own stock Required 1 Using the indred method, compute the net cash provided by used in operating activities for Year 2 2. Prepare a statement of cash 3 Compute the free cash flow for 2 ***** 227,000 310.000 3,000 737,948 429,000 145,40 441,444 44,904 $1,301,400 $ 115,000 41,444 11.401 445,900 191.000 410004 146.998 2000 BAYR KIDEM Year 1 #59,100 143,000 272,000 14.000 41 317,000 331.499 305,319 3.475,500 257,990 32.000 Matte www.ee 113-809 ENTER
3 01 Required: 1 Using the indirect method, compute the net cash provided by used in operating activities for Year 2 2. Prepare a statement of cash flows for Year 2 3. Compute the free cash flow for Year 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required) Using the indirect method, compute the net cash provided by used in operating activities for Year 2. (Lac any deaction cet outflows as negative amounts) nyher Company Statement of Cash Flows-indirect Method (pertal Required> 1. Using the indirect method, compute the net cash provided by used in operating activities for Year 2 2. Prepare a statement of cash flows for Year 2. 3. Compute the free cash flow for Year 2 Complete this question by entering your answers in the tabs below. Required 1 Tequired 2 Required 3 Prepare a statement of cash flows for Year 2. (Ust any deduction in cash and cash outfios as nga mos Jeyner Compe Coal Fires For Your 2 Operating activities Investing activities Financing activities
points Skipped Complete this question by entering your answers in the tabs below. Required 1 Tequired 2 Required 3 Prepare a statement of cash flows for Year 2. (Ust any deduction in cash and cash outflows as negative amounts) Jeyner Company For Year 2 Operating activities Investing activities Financing activities Beginning cash and cash equivalents Ending cash and cash equivalents Required 1 Required 3> 1,245,440 876,600 Equipment that had cost $30,800 and on which there was accumulated depreciation of $10,700 was sold during Year 2 for $30,10 The company declared and paid a cash dividend during Year 2. It did not retire any bonds or repurchase any of its own stock Required: 1 Using the indirect method, compute the net cash provided by used in operating activities for Year 2. 2. Prepare a statement of cash flows for Year 2. 3. Compute the free cash flow for Year 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the free cash flow for Year 2. (Negative amount should be indicated by a minus sign) Required 2