Professional Documents
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KEUANGAN 1
PERTEMUAN
4
STATEMENT OF CASH
FLOWS TIM ASISTEN
DOSEN
PROBLEM
METHOD
INDIRECT
2015
45,000
51,300
147,200
493,000
2014
53,500
58,000
135,000
60,000
375,000
(113,700)
622,800
(128,000)
553,500
2015
61,500
250,000
75,000
236,300
2014
42,600
100,000
200,000
50,000
160,900
622,800
553,500
PT AKUN
Income Statement (in US$)
For the year ended December, 31 2015
Sales
COGS
Gross Profit
Operating Expenses
Depreciation Expenses
Other Operating Expenses
Income from Operation
Other Revenues
Gain on sale of Investment
Other Expenses
Interest Expenses
Income before Taxes
Income Taxes
Net Income
24,700
75,300
623,000
348,500
274,500
100,000
174,500
5,000
12,000
-
7,000
167,500
(64,100)
103,400
Additional information:
1. In 2015, an equipment that had been fully depreciated with cost $39,000 was
written-off. A new equipment costing $152,000 was later bought.
2. Bonds payable worth $100,000 was paid on its nominal value in 2015.
3. 5,000 ordinary shares were issued on its market price of $15 in 2015.
4. Cash dividends were declared and paid in 2015.
5. All sales transaction was made in credit in 2015.
6. The effective tax rate in 2014 was 35%
7. Earning before interest and tax in 2014 was $160,000
8. Interest expense in 2014 was $32,000
9. The market prices of ordinary shares in 2014 and 2015 were $13 and $15.
10.
Instruction:
Prepare a statement of cash flows for PT Akun using direct method in determining
net cash flow from operating activitiesfor the year ended December 31, 2015.