![]() ![]() No need to rush and please take your time and complete each questions with the following order of the table too, thanks!Ĥ LASER WORLD ENGINEERING WONDERS Statement of Net Cash Flows (partial) Statement of Cash Flows (partial) Cash flows from operating activities Cash flows from operating activities Adjustments to reconcile net income to net cash flows from operating activities Adjustments to reconcile net income to net caslh flows from operating activities Net cash flows from operating activities Net cash flows from operating activities MACROSOFT COMPANY Statement of Cash Flows (partial) Cash flows from operating activities CREATIVE SOUND SYSTEMS Statement of Cash Flows (partial) Adjustments to reconcile net income to net caslh flows from operating activities Cash flows from investing activities Net cash flows from operating activities Net cash flows from investing activities HI-TECH, INC. ![]() What amount should Creative Sound Systems report as net cash flows from financing activities? Creative Sound Systems also purchased treasury stock, equipment, and a patent for $22 million, $26 million, and $13 million, respectively. Creative Sound Systems sold investments, land, and its own common stock for $40 million, $16 million, and $42 million, respectively. Cash flow from investing activities refers to cash inflow and outflow of cash from investing in assets (including intangibles), purchasing of assets like property, plant and equipment, shares, debt, and from sale proceeds of assets or disposal of shares/debt or redemption of investments like a collection from loans advanced or debt issued. Contents Highlights The statement of cash flows presents sources and uses of cash in three distinct categories: cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities. What amount should the company report as net cash flows from investing activities?Ħ. Creative Sound Systems sold investments, land, and its own common stock for $40 million, $16 million, and $42 million, respectively. What are Engineering Wonders’ net cash flows from operating activities?ĥ. Records reveal decreases in accounts receivable, accounts payable, and inventory of $3 million, $4 million, and $5 million, respectively. Included in that number is building depreciation expense of $6 million and a gain on the sale of land of $2 million. Engineering Wonders reports net income of $70 million. What are Hi-Tech’s net cash flows from operating activities?Ĥ. Records reveal increases in accounts receivable, accounts payable, and inventory of $3 million, $4 million, and $5 million, respectively. Included in that number are depreciation expense of $6 million and a loss on the sale of equipment of $2 million. Cash Flow From Financing Activities: Cash flow from financing (CFF) activities is a category in a company’s cash flow statement that accounts for external activities that allow a firm to raise. Hi-Tech, Inc., reports net income of $70 million. Prepare the operating activities section of Macrosoft's statement of cash flows using the indirect method.ģ. The accounting records reveal depreciation expense of $90,000 as well as increases in prepaid rent, accounts payable, and income tax payable of $70,000, $10,000, and $23,000, respectively. Macrosoft Company reports net income of $75,000. Calculate net cash flows from operating activities using the indirect method.Ģ. Depreciation expense is $50,000, accounts receivable increases $11,000, and accounts payable decreases $30,000. Laser World reports net income of $650,000. The cash flow statement measures the cash generated or used by a company during a given period.Calculate net cash flows from financing activities,ġ. ![]() Also known as the profit and loss statement, the income statement focuses on business income and expenses. The balance sheet shows the assets and liabilities as well as shareholder equity at a particular date. The other two important statements are the balance sheet and income statement. The cash flow statement is one of the three main financial statements that show the state of a company's financial health. Debt and equity financing are reflected in the cash flow from financing section, which varies with the different capital structures, dividend policies, or debt terms that companies may have.Financing activities include transactions involving debt, equity, and dividends.Cash flow from financing activities is a section of a company’s cash flow statement, which shows the net flows of cash that are used to fund the company. ![]()
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