Prepare a statement of cash flows for 2017 using the indirect method in the Operating Activ-ities section.

Refer to all of the facts in Problem 12-6A.
Required
1. Prepare a statement of cash flows for 2017 using the indirect method in the Operating Activ-ities section.
2. On the basis of your statement in part (1), draft a brief memo to the president to explain why cash increased during such an unprofitable year. Include in your memo your recommen-dations for improving the company’s bottom line.

PROBLEM 12-6A

The income statement for Pluto Inc. for 2017 is as follows:

Best Custom Essay Writing Services | EssayBureau.com

Presented here are comparative balance sheets:

Best Custom Essay Writing Services | EssayBureau.com

Best Custom Essay Writing Services | EssayBureau.com

Other information is as follows:
a. Dividends of $84,000 were declared and paid during the year.
b. Operating expenses include $40,000 of depreciation.
c. Land and plant and equipment were acquired for cash. Cash was received from additional bank loans.
The president has asked you some questions about the year’s results. He is disturbed with the net loss of $60,000 for the year. He notes, however, that the cash position at the end of the year is improved. He is confused about what appear to be conflicting signals: ‘‘How could we have pos-sibly added to our bank accounts during such a terrible year of operations?’’
Required
1. Prepare a statement of cash flows for 2017 using the direct method in the Operating Activ-ities section.
2. On the basis of your statement in part (1), draft a brief memo to the president to explain why cash increased during such an unprofitable year. Include in your memo your recommen-dations for improving the company’s bottom line.

find the cost of your paper

determine and argue whether OpenTable was a sound acquisition for Priceline using the concepts from this and other courses

OpenTable was the first mover in the world of booking orders for restaurants around the globehttps://www.vox.com/2018/10/19/17698428/resy-restaurant-reservations-startup-opentable. After obtaining notoriety, they issued a massive IPOhttps://www.reuters.com/article/us-opentable-idUSTRE5464CJ20090507 andhttps://press.opentable.com/news-releases/news-release-details/opentable-inc-prices-initial-public-offering/ resulting in a stock price….

Internal and External Stakeholder Analysis

MGT501_Assessment_2_Brief_Internal and External Stakeholder Analysis_Module Due 5.2 Page 1 of 6 Assessment Task Critically analyse stakeholder theory in a real-life business or a project setting, with specific emphasis on relevant….

SUPPLY CHAIN MANAGEMENT

YOU ONLY HAVE TO DO SUPPLY CHAIN MANAGEMENT PARTABOUT 1 – 1.5 PAGES OR MORE WALMART READ ALL THE INFORMATION FIRST. YOU HAVE TO DO SUPPLY CHAIN MANAGEMENT PART ONLY….