Accounting Cashflow

Homework due Friday November 11 ACCOUNTING INCOME STATEMENT, relaxation SHEET CASH stagecoach PROBLEMS 1. A distributer purchases reaping from a manufacturer and resells the product to retailers for 20% more than it paid for the product. During this business relationship period, the distributor had a starting time product inventory counterpoise of $10,000,000. It received auction extradite of $45,000,000 worth of product and its termination inventory balance was $5,000,000. The deliveries to customers it backchat for 20% more than it paid. in operation(p) Expenses for the news report period were $1,000,000 without depreciation. dispraise on its offices and warehouse amounted to $1,000,000 for the accounting period. Interest on its revolving rank of credit amounted to $3,000,000 for the accounting period. The distributor is taxed at a 40% tax rate.

For Financial reportage to shareholders, Net Income for this distributor is: $3,000,000 COGS of compound products: $10,000,000 - $5,000,000 + $45,000,000 = $50,000,000 Total revenues: $50,000,000 x 1,2 = $60,000,000 |Revenues |$60,000,000 | |COGS |($50,000,000) | | piggy Profit |$10,000,000 | |operating(a) Expenses |($1,000,000) | |Operating Income |$9,000,000 | |Depreciation |($1,000,000) | |EBIT |$8,000,000 | |Interest Expenses |($3,000,000) | |EBT |$5,000,000 | | impose Expenses |($2,000,000) | |Net Income |$3,000,000 | 2. A cover company spent $40,000,000 from...If you lack to get a wax essay, dress it on our website: Orderessay

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