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Category > Business & Finance Posted 03 Aug 2017 My Price 10.00

The consolidated balance sheets for Lloyd Lumber Company at the beginning and end of 2009 follow

The consolidated balance sheets for Lloyd Lumber Company at the beginning and end of 2009 follow.... 

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The consolidated balance sheets for Lloyd Lumber Company at the beginning and end of 2009 follow. The company bought $50 million worth of fixed assets. The charge for depredation in 2009 was $10 million. Net income was $33 million, and the company paid out $5 million in dividends.

a. Fill in the amount of the source or use in the appropriate column.

b. Prepare a statement of cash flows.

c. Briefly summarize your findings.

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Alpha Geek
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Status NEW Posted 03 Aug 2017 03:08 PM My Price 10.00

A C-----------han-----------ge -----------$ i-----------n m-----------ill-----------ion----------- Ja-----------n-0-----------1 D-----------ec------------31 -----------Sou-----------rce----------- Us-----------e C-----------ash----------- $ -----------7 $----------- 15----------- $ -----------8 M-----------ark-----------eta-----------ble----------- Se-----------cur-----------iti-----------es -----------$ ------------ $ -----------11 -----------$ 1-----------1 N-----------et -----------Rec-----------eiv-----------abl-----------es -----------$ 3-----------0 $----------- 22----------- $ -----------8 I-----------nve-----------nto-----------rie-----------s $----------- 53----------- $ -----------75

Attachments

file 1501775012-2095486_1_636330227617054259_2095486 1.xlsx preview (195 words )
Th-----------e c-----------ons-----------oli-----------dat-----------ed -----------bal-----------anc-----------e s-----------hee-----------ts -----------for----------- Ll-----------oyd----------- Lu-----------mbe-----------r C-----------omp-----------any----------- at----------- th-----------e b-----------egi-----------nni-----------ng -----------and----------- en-----------d o-----------f 2-----------009----------- fo-----------llo-----------w. -----------The----------- co-----------mpa-----------ny -----------bou-----------ght----------- $5-----------0 m-----------ill-----------ion----------- wo-----------rth----------- of----------- fi-----------xed----------- as-----------set-----------s. -----------The----------- ch-----------arg-----------e f-----------or -----------dep-----------red-----------ati-----------on -----------in -----------200-----------9 w-----------as -----------$10----------- mi-----------lli-----------on.----------- Ne-----------t i-----------nco-----------me -----------was----------- $3-----------3 m-----------ill-----------ion-----------, a-----------nd -----------the----------- co-----------mpa-----------ny -----------pai-----------d o-----------ut -----------$5 -----------mil-----------lio-----------n i-----------n d-----------ivi-----------den-----------ds.-----------a. -----------Fil-----------l i-----------n t-----------he -----------amo-----------unt----------- of----------- th-----------e s-----------our-----------ce -----------or -----------use----------- in----------- th-----------e a-----------ppr-----------opr-----------iat-----------e c-----------olu-----------mn.-----------b. -----------Pre-----------par-----------e a----------- st-----------ate-----------men-----------t o-----------f c-----------ash----------- fl-----------ows-----------.c.----------- Br-----------ief-----------ly -----------sum-----------mar-----------ize----------- yo-----------ur -----------fin-----------din-----------gs.-----------Cas-----------hMa-----------rke-----------tab-----------le
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