Lecture 13 Notes - m>>o_n_ cmmo .6 EmEQEm 2...

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Unformatted text preview: m>>o_n_ cmmo .6 EmEQEm 2 .5520 .mmemzn m .6 mmmcmaxm ccm 33:99 05 U5 =9305 mfiSoom cm Ema..- 6252: Lo vamm @028 9: E mmmcmaxm Ucm mmscm>2 0533 m_ Scam Emu 95 __< .EmEEEm mEooE m5 matmama :93, 8289 ._o Ema m_ cwmo can; Emu rcon $2, I mEEzooom .6 2me fiEoo< €an Eso M: mm: : 55 39:25 >55 2 Emtoaé 0m m_ :98 - .memEomU Lo mEmmmSE m_ cwmo >53 ncm cosE Bo: m: m=9 : - figmemfim 26E :80 m 2 as; EmEBEm m>>o_n_ :mmo .EmEso Ucm @2690 5:3 m>>o_u_ :93 .m mm_..__>:o< mEocmcE E0: m>>o_n_ ammo .m .mmquEoo $50 3 $323me 9: E E9582: vcm Emmwm $25285 8279.2 U6 Emoamfi ccm @9283 m5 2 8:29 w>>o_n_ cmmo .m mmE>=o< 9:695 Eat w>>o_n_ cme .N .EmEmHEm mEooE m5 :0 .8:an mwmcwaxm vcm 83:99 9 2696 3.28 :2: mic: cme .m mmE>=o< mczfimqo E0: w>>o_n_ cmmo 9 :Em 36: :me B 882% m 9:005 52 92388 SE om Er: wEw: cmmoéoc So wxomn ccm mEooE “m2 53> wtfim .m U053; 596.: .N .mcozommcm: >cmE mam: 30> : mmE vmm .o >cmano =mEm bm> Lo .>__mcow.ma 30> Lo E: 95 mcozommcm: U5 52:5: =me m mam; 30> : .x0 .2 EmEBEw xcmn - @3553 .m Uo£®_>_ 59:0 ._‘ coromm 9:980 Lou. £5;ng N CHAPTER 13 (>l(4ii“‘"i* ‘1 N (am 9: Cash and cash equivalents at end of period $24,746 a _ w _ W , .wmw w i __ T. ,_ THE BOSTON BEER COMPANY, INC. l f I Consolidated Statement of Cash Flows \ . M’ W W W [mu Consolidated Statement (unaudited) Three months ended of Cash Flows Dollars in Thousands* March 27, 2004 W. Cash flows from operating activities: R E A L wo R L D Exc E R PT Net income $ 1,271 Adjustments to reconcile net income to net cash SAADMAUMESL provided by operating activities: _ Depreciation and amortization 2,543 Changes in assets and liabilities: i Q U A RT E R LY R E P 0 RT Accounts receivable 861 Inventory (577) Prepaid expenses (322) Accounts payable (52) i Accrued expenses (954) i Net cash provided by operating activities 2,770 ‘ Cash flows from investing activities: , Topic mm Purchases of property, plant, and equipment (2,373) Purchase of short-term investments (4,627) g 5 Net cash used in investing activities (7,000) 1 ‘Pl-Us Cash flows from financing activities: ; Topic TaCkle' 13‘1 Purchase of treasury stock (4,409) ; Proceeds from issuance of stock 5,593 g Net cash provided by financing activities 1,184 l Net decrease in cash and cash equivalents (3,046) i Cash and cash equivalents at beginning of period 27,792 E i z i m6mm< cwmocoz <1 355 mLmEoconm<+ wmzzfimjflu :98 Q Emmw< 58:02 I 356m $52920on + wm_:__n_m_._ u :80 35cm wmmEocxoBm + 82534 n wwmwwd‘ 58:02 + £30 355 wagofioem + 8:53 u 98% mmE>=o< mczmhmao Eot >>o_u_ :30 $2 mmEEm: E950 E 38wa - Bmmmm Emtso E @9855 - mmzzfimz Emtso 5 $8.05 + mgmmmm Emtso E @98me + mmcmaxm coszEoE< 25 5:38:50 + 9:02: 62 2394 :28:on I 355 @520chon <+ wm_:__n_m_._<n cmm0< : 2 x03 0:35 $593 Complete the following requirements before proceeding to the suggested solution. During a Re,:i*§52i;<‘il~ aw recent year (ended December 31), Redhook Ale Brewery, a Seattle-based craft brewer, re- ported net income of $3,182 (all numbers in dollars in thousands) and cash and cash equiv- alents at the beginning of the year of $472. It also engaged in the following activities: a. Paid $18,752 in principal on debt. b. Received $46,202 in cash from initial public offering of common stock. C. Incurred other noncurrent accrued operating expenses of $857. (1. Paid $18,193 in cash for purchase of fixed assets. 6. Accounts receivable increased by $881. f. Borrowed $16,789 from various lenders. g. Refundable deposits payable increased by $457. h. Inventories increased by $574. 1'. Made cash deposits on equipment of $5.830. Income tax refund receivable decreased by $326. Sold (issued) stock to employees for $13 in cash. >?~“$~ Accounts payable decreased by $391. m. Received $4 from other investing activities. n. Accrued expenses increased by $241. 0. Prepaid expenses increased by $565. [7. Recorded depreciation of $1,324. q. Paid $5 cash in other financing activities. , Required: Based on this information. prepare the cash flow statement using the indirect method. ...
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Lecture 13 Notes - m&amp;gt;&amp;gt;o_n_ cmmo .6 EmEQEm 2...

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