Need seperate CASH FLOWS and RATIOS! PLEASE HELP! DUE AT 11PM! READ 1ST PAGE INS

Question

Need seperate CASH FLOWS and RATIOS! PLEASE HELP! DUE AT 11PM! READ 1ST PAGE INSTRUCTIONS. THANKS IN ADVANCE!

4 ACCOUNTING CASE 3-SELF-EMPLOYED: re Ramtee ene 6 Petet r wants to see the Balance Sheet, Income Statement, the Statement of Cash Flow, and the basic financial tatios Requireme 1) Use the financial statements attached and prepare the Statement of Cash lows for the period March 1-April 30 2016. Use the guidelines DEVELOp YOUR CASH FLOW STATEMENT IN THE OPEN TAB OF THE TEMPLATE 2) Cakculate the following financial ratios as of April 30, 201h ( use the guidelines learned in Chapter 13 of your textbookl Xid Test Profit Margin, and Return on Common Stockholder's Equity 14 3) Brief comments on the following based on your financial analyais do you think the Bank would give Peter the lan? Respornd Yes ar NO and your rea 20 21 23 24 | Business Transactions ? income staternent ? Balance Sheet Cashflow Ratos : ' O type here to search

Explanation / Answer

The Cash Flow is not possible based on the above data as the opening balance of cash flow is not given and the about investing activity the movement of the assets is not available such as whether the assets are purchased during the year and financing activity such as payment of loan along with interest and also opening balance of cash is also not given hence cash flow cannot be made.

based on the financial ratios it is possible to get the loan 40000$ loan easily, the ratios of the company is good.

Current Ratio Current Assets/Current Liabilities Cash 17550 Account Receivable 3500 Total Current Assets 21050 Credit Card Payable 2395 Total Current Liabilities 2395 Current Ratio 8.79 (21050/2395)

Related Questions

Navigate

• Browse (All)
• Browse N
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.