A consolidated income statement and selected comparative consolidated balance sheet data for Palano Company and subsidiary…

A consolidated earnings assertion and chosen comparative
consolidated steadiness sheet information for Palano Firm and subsidiary
comply with:

Palano Firm and Subsidiary
Consolidated Earnings Assertion
for the 12 months Ended December 31, 2015
Gross sales $701,000
Price of gross sales 263,000
Gross revenue 438,000
Working bills:
   Depreciation expense $76,000
   Promoting bills 122,000
   Administrative bills 85,000 283,000
Consolidated web earnings 155,000
Much less noncontrolling curiosity in consolidated web earnings 38,750
Controlling curiosity in consolidated web earnings $116,250
December 31
2014 2015
Accounts receivable $229,000 $318,000
Stock 194,000 234,000
Pay as you go promoting bills 26,000 30,000
Accounts payable 99,000 79,000
Accrued promoting bills 96,000 84,000
Accrued administrative bills 56,000 39,000


1- Put together the money move from working actions part of a
consolidated assertion of money flows assuming use of the Direct
technique.

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