Chemalite Case Study free essay sample

1. Record the impacts of Chemalite’s 1991 occasions on the BSE worksheet Cash Flow type (O, I, F) Event Cash A/R 375,000 F P1 (7,500) I P2 (62,500) I P3 (75,000) O P4 230,000 O I F T1 T2 T3 T4 T5. 1 T5. 2 T6 T7. 1 T7. 2 O1 O2 O3 O4 O5 Total (23,750) 685,000 69,500 (175,000) (22,500) (350,000) (80,000) (150,000) 50,000 (50,750) Inventory 75,000 Patent Cap. Exp. PPE 125,000 7,500 62,500 125,000 7,500 Notes Pay 62,500 Paid in Capital RE 500,000 Balance Sheet 175,000 (22,500) Adv. Cost 350,000 (80,000) Admin Expenses 150,000 F (50,000) O (750) (545,000) (25,000) (10,625) (25,000) (10,625) 69,500 (23,750) RD Expense 754,500 Revenue (545,000) 113,000 RE Explanation 55,000 100,000 7,500 201,875 500,000 Interest Expense Inv. Modification Amort. Cost Depr. Cost 46,875 Balance Sheet 15. 515 Fall 2003 Session 1 Problem Set #2: Chemalite Case 3. Monetary record (6/31/91): Assets Cash Accounts Receivable Inventories Total Current Assets Property, Plant, Equipment Other (Capitalized Start-up Expenses) Patent Total Assets Liabilities and Stockholders Equity Common Stock Retained profit Total Liabilities and SE 230,000 75,000 305,000 62,500 7,500 125,000 500,000 15. 515 Fall 2003 Session 1 Problem Set #2: Chemalite Case 3. Salary Statement (For a half year June 30, 1991): Revenue Costs and Expenses Advertising Administration Manufacturing costs Raw materials RD Interest Depreciation Amortization of patent Net Income 15. We will compose a custom paper test on Chemalite Case Study or on the other hand any comparative point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page 515 Fall 2003 Session 1 Problem Set #2: Chemalite Case 3. Direct Statement of Cash Flows (a half year finished June 30, 1991): Cash gave (utilized) by working exercises Received from clients Paid for stock Paid for promoting Paid for assembling costs Paid for organization Paid for premium Paid for RD costs (75,000) (75,000) Cash gave (utilized) by contributing exercises Start-up costs Purchase of PPE (7,500) (62,500) (70,000) Cash gave (utilized) by financing exercises Cash from stock issuance 375,000 Increase (decline) in real money balance Beginning money balance Ending money balance 230,000 15. 515 Fall 2003 Session 1 Problem Set #2: Chemalite Case 3. Monetary record (December 31, 1991): Assets Cash Accounts Receivable Inventories Total Current Assets Property, Plant, Equipment Other (Capitalized Start-up Expenses) Patent Total Assets Liabilities and Stockholders Equity Regular Stock Retained income Total Liabilities and SE 113,000 69,500 55,000 237,500 201,875 7,500 100,000 546,875 500,000 46,875 546,875 15. 515 Fall 2003 Session 1 Problem Set #2: Chemalite Case 3. Pay Statement (a half year finished December 31, 1991): Revenue Costs and Expenses Advertising Administration Manufacturing costs Raw materials RD Interest Depreciation Amortization of patent 754,500 22,500 80,000 350,000 195,000 23,750 750 10,625 25,000 707,625 Net Income 46,875 15. 515 Fall 2003 Session 1 Problem Set #2: Chemalite Case 3. Direct Statement of Cash Flows (For a half year finished Dec. 31, 1991): Cash gave (utilized) by working exercises Received from clients Paid for stock Paid for promoting Paid for assembling costs Paid for organization Paid for premium Paid for RD costs 685,000 (175,000) (22,500) (350,000) (80,000) (750) (23,750) 33,000 Cash gave (utilized) by contributing exercises Start-up costs Purchase of PPE (150,000) (150,000) Cash gave (utilized) by financing exercises Cash from stock issuance Increase (decline) in real money balance Beginning money balance Ending money balance (117,000) 230,000 113,000 15. 515 Fall 2003 Session 1