Complete the following problems.

Please sample and see attachment for full assignment. (5 problems)

Details: Complete the following problems from chapter 4 in the textbook:

Follow these instructions for completing and submitting your assignment:

  1. Do all work in Excel. Do not submit Word files or *.pdf files.
  2. Submit a single spreadsheet file for this assignment. Do not submit multiple files.
  3. Place each problem on a separate spreadsheet tab.
  4. Label all inputs and outputs and highlight your final answer.
  5. Follow the directions in “Guidelines for Developing Spreadsheets.”

P4–5Classifying inflows and outflows of cash Classify each of the following items as an

inflow (I) or an outflow (O) of cash, or as neither (N).

Item                             ($) Change         Item                                ($)

Cash                                 +100             Accounts receivable          −700

Accounts payable            −1,000              Net profits                          +600

Notes payable                    +500                Depreciation                     +100

Long-term debt               −2,000               Repurchase of stock          +600

Inventory                            +200               Cash dividends                  +800

Fixed assets                      +400                Sale of stock                   +1,000

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