question archive The following are selective items extracted from Hitachi Co
The following are selective items extracted from Hitachi Co
Subject:BusinessPrice: Bought3
The following are selective items extracted from Hitachi Co. Financial Statements as of December 31, 2020 Hitachi Co Balance Sheets 2020 $ 7,200 7,200 3,100 500 2019 $ 5,600 3.500 4,400 0 Current assets Cash Accounts receivable Inventory Accrued Income Current Ulabilities Accounts payable Interest payable Accrued Dividends Payable Income taxes payable 8.000 0 7,730 12.000 5,000 4,000 7,730 12,100 Hitachi Co Income Statement s S 67.500 3,000 1500 Sales Cost of goods sold Wages & other expenses Depreciation expens Gross profit Other gains flores Gain on sale of equipment 11.700 (16.2003 51,300 4.150 Hepayao Accrued Dividends Payable Income taxes payable 0 7,730 12,000 4,000 7,730 12.100 Hitachi Co Income Statement $ $ 67,500 3,000 1.500 11.700 (16,2003 51,300 Sales Cost of goods sold Wages & other expenses Depreciation expenses Gross profit Other gains flosses) Gain on sale of equipment Loss on retirement of bonds Income before taxes Income taxes expense Net income 4.150 13,450) 700 $2.000 19.000 43,000 Required Prepare cash flow from operating activities only using the indirect method for the year ended December 2000. Important Notes • Write inside the box below do not upload any file • Follow the layout of cash flow statement
