ACCOUTING 2 Excel Sheet Help !

Hello, I need help completing a statement of cash flows & ratio excel sheet for my assignment that is due in a couple of hours. (6 pm cst) The highlighted grey part is what needs to be completed (on both tabs).

Statement of

Don't use plagiarized sources. Get Your Custom Essay on
ACCOUTING 2 Excel Sheet Help !
Just from $13/Page
Order Essay
Cash

Flows

Data

increase

decrease

4,200

SONAD COMPANY
For Year Ended December 31, 2019
Using the following income statement and additional year end information, prepare the operating activities section of the statement of cash flows using the direct method. Use Exhibit 16B.6 on page 591 of the textbook as a guide.
SONAD COMPANY Selected Year-End

Balance Sheet
Income Statement Accounts Receivable 30,500 increase
For Year Ended December 31, 2019 Inventory 25,000
Accounts Payable 12,500 decrease
Sales 1,828,000 Salaries Payable 3,500
Cost of goods sold 991,000
Gross profit 837,000
Operating Expenses
Salaries expense 245,535
Depreciation expense 4

4,200
Rent expense 49,600
Amortization expense – Patents
Utilities expense 18,125 361,660
475,340
Gain on sale of equipment 6,200
Net income 481,540
Statement of Cash Flows (Direct Method) – Operating Activities
Cash flows from operating activities
Cash received from customers
Cash paid for inventory
Cash paid for wages
Cash paid for other operating expenses
Net cash provided by operating activities – 0

Ratios

; and retained earnings, $33,748.

CABOT CORPORATION

Balance Sheet Income Statement

Sales

Cash

Cost of goods sold

Gross profit

Net income

3,300

90,000

240,200

Selected current year-end financial statements of Cabot Corporation follow. All sales were on credit; selected balance sheet amounts at December 31 of the prior year were inventory, $48,900; total assets, $189,400; common stock, $

90,000
CABOT CORPORATION
December 31 of Current Year For Current Year Ended December 31
Assets 448,600
10,000 297,250
Short-term investments 8,400 151,350
Accounts receivable, net 33,700 Operating expenses 98,600
Merchandise inventory 32,150 Interest expense 4,100
Prepaid expenses 2,650 Income before taxes 48,650
Plant assets, net 15

3,300 Income tax expense 19,598
Total assets 240,200 29,052
Liabilities and Equity
Accounts payable 17,500
Accrued wages payable 3,200
Income taxes payable
Long-term note payable, secured by mortgage on plant assets 63,400
Common stock
Retained earnings 62,800
Total liabilities and equity
Compute the following:
1) Current ratio
2) Acid-test ratio
3) Days’ sales uncollected
4) Inventory turnover
5) Days’ sales in inventory
6) Debt-to-equity ratio
7) Times interest earned
8) Profit margin ratio
9) Total asset turnover
10) Return on total assets
11) Return on common stockholder’s equity

What Will You Get?

We provide professional writing services to help you score straight A’s by submitting custom written assignments that mirror your guidelines.

Premium Quality

Get result-oriented writing and never worry about grades anymore. We follow the highest quality standards to make sure that you get perfect assignments.

Experienced Writers

Our writers have experience in dealing with papers of every educational level. You can surely rely on the expertise of our qualified professionals.

On-Time Delivery

Your deadline is our threshold for success and we take it very seriously. We make sure you receive your papers before your predefined time.

24/7 Customer Support

Someone from our customer support team is always here to respond to your questions. So, hit us up if you have got any ambiguity or concern.

Complete Confidentiality

Sit back and relax while we help you out with writing your papers. We have an ultimate policy for keeping your personal and order-related details a secret.

Authentic Sources

We assure you that your document will be thoroughly checked for plagiarism and grammatical errors as we use highly authentic and licit sources.

Moneyback Guarantee

Still reluctant about placing an order? Our 100% Moneyback Guarantee backs you up on rare occasions where you aren’t satisfied with the writing.

Order Tracking

You don’t have to wait for an update for hours; you can track the progress of your order any time you want. We share the status after each step.

image

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

image

Trusted Partner of 9650+ Students for Writing

From brainstorming your paper's outline to perfecting its grammar, we perform every step carefully to make your paper worthy of A grade.

Preferred Writer

Hire your preferred writer anytime. Simply specify if you want your preferred expert to write your paper and we’ll make that happen.

Grammar Check Report

Get an elaborate and authentic grammar check report with your work to have the grammar goodness sealed in your document.

One Page Summary

You can purchase this feature if you want our writers to sum up your paper in the form of a concise and well-articulated summary.

Plagiarism Report

You don’t have to worry about plagiarism anymore. Get a plagiarism report to certify the uniqueness of your work.

Free Features $66FREE

  • Most Qualified Writer $10FREE
  • Plagiarism Scan Report $10FREE
  • Unlimited Revisions $08FREE
  • Paper Formatting $05FREE
  • Cover Page $05FREE
  • Referencing & Bibliography $10FREE
  • Dedicated User Area $08FREE
  • 24/7 Order Tracking $05FREE
  • Periodic Email Alerts $05FREE
image

Our Services

Join us for the best experience while seeking writing assistance in your college life. A good grade is all you need to boost up your academic excellence and we are all about it.

  • On-time Delivery
  • 24/7 Order Tracking
  • Access to Authentic Sources
Academic Writing

We create perfect papers according to the guidelines.

Professional Editing

We seamlessly edit out errors from your papers.

Thorough Proofreading

We thoroughly read your final draft to identify errors.

image

Delegate Your Challenging Writing Tasks to Experienced Professionals

Work with ultimate peace of mind because we ensure that your academic work is our responsibility and your grades are a top concern for us!

Check Out Our Sample Work

Dedication. Quality. Commitment. Punctuality

Categories
All samples
Essay (any type)
Essay (any type)
The Value of a Nursing Degree
Undergrad. (yrs 3-4)
Nursing
2
View this sample

It May Not Be Much, but It’s Honest Work!

Here is what we have achieved so far. These numbers are evidence that we go the extra mile to make your college journey successful.

0+

Happy Clients

0+

Words Written This Week

0+

Ongoing Orders

0%

Customer Satisfaction Rate
image

Process as Fine as Brewed Coffee

We have the most intuitive and minimalistic process so that you can easily place an order. Just follow a few steps to unlock success.

See How We Helped 9000+ Students Achieve Success

image

We Analyze Your Problem and Offer Customized Writing

We understand your guidelines first before delivering any writing service. You can discuss your writing needs and we will have them evaluated by our dedicated team.

  • Clear elicitation of your requirements.
  • Customized writing as per your needs.

We Mirror Your Guidelines to Deliver Quality Services

We write your papers in a standardized way. We complete your work in such a way that it turns out to be a perfect description of your guidelines.

  • Proactive analysis of your writing.
  • Active communication to understand requirements.
image
image

We Handle Your Writing Tasks to Ensure Excellent Grades

We promise you excellent grades and academic excellence that you always longed for. Our writers stay in touch with you via email.

  • Thorough research and analysis for every order.
  • Deliverance of reliable writing service to improve your grades.
Place an Order Start Chat Now
image

Order your essay today and save 30% with the discount code Happy