How they calculated the net decrease in cash (265 000) ?
Homework Answers
It is erroneously mentioned as net "decrease" in cash instead of net "increase" in cash. The sum of cash from/used in all the activities comes to +2,65,000 - which is net increase in cash from all the activities.
And this increase in cash of 2,65,000 + opening balance of 1,25,000 = 3,90,000 which is cash at the end of 30th June 2020 shown in the figure. Hence, it is an error of mentioning as "decrease" instead of "increase".
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How they calculated the net decrease in cash (265 000)
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L e damo sebe. Prepare...
How they get " net decrease in cash 265000" ? what numbers exactly they caluclted ?...
How they get " net decrease in cash 265000" ?
what numbers exactly they caluclted ?
Cash balance 30/6/19 125,000 6,500 Loss on sale of vehicle Income tax payments Cash paid to suppliers Cash received from customers Proceeds from sale of land 35,000 156,000 445,000 180,000 316,000 65,000 47,000 225.000 Proceeds from issue of shares Depreciation expense Interest payments Investment in computing equipment Payments of dividends to shareholders Proceeds from sale of equipment Payments to employees Payments of long-term debt...
how to get net increas/decrease in cash ? what numbers should summed ? Tracing Company Ltd...
how to get net increas/decrease in cash ? what numbers
should summed ?
Tracing Company Ltd Statement of Cash Flows for the year ended 30th June 2020 Cash flows from operating activities Receipts from customers Payments to suppliers Payments to employees Interest paid Income tax paid Net cash provided by operating activities 445,000 (156,000) (187.000) (47.000) (35,000) 20,000 Cash flows from investing activities Acquisition of non-current assets Proceeds from sale of non-current assets Proceeds from sale of equipment Net cash...
Question 4: Cash Flow Statement (7 marks) The Statement of Cash Flows for Sasha Ltd for...
Question 4: Cash Flow Statement (7 marks) The Statement of Cash Flows for Sasha Ltd for year ended 30 June 2020 has been provided below: Sasha Ltd Statement of Cash Flows for the year ended 30 June 2020 $ $ 14,500 126,000 (16,500) (51,000) 73,000 Cash flows from operating activities Interest payments Receipts from customers Depreciation expense Payments to employees Net cash provided by operating activities Cash flows from investing activities Payment of dividends to shareholders Proceeds from issue of...
how and what is the formula to find net increase? a. Purchase of fixed assets for...
how and what is the formula to find net increase?
a. Purchase of fixed assets for cash, $53,300 Proceeds from issuance of common stock, $33,000 Payment of dividends, $46,400 Collection of interest, $6,500 o o o o h. i. j. k. Proceeds from sale of fixed assets, $22,400 Collections from customers, $635,000 Cash receipt of dividend revenue, $4,600 Payments to suppliers, $368,500 Depreciation expense, $59,000 Proceeds from issuance of long-term notes, $22,300 - n. Income tax expense and payments, $36,000...
Marin Inc.’s CFO has just left the office of the company president after a meeting about the draft SFP at April 30, 2020, and income statement for the year then ended. (Both are reproduced below.) “Our liquidity position looks healthy,” the president had
Marin Inc.’s CFO has just left the office of the company president after a meeting about the draft SFP at April 30, 2020, and income statement for the year then ended. (Both are reproduced below.) “Our liquidity position looks healthy,” the president had remarked. “Look at the current and acid-test ratios, and the amount of working capital we have. And between the goodwill write off and depreciation, we have almost $23 million of non-cash expenses. I don’t understand why you’ve been...
Was there a net increase or decrease in cash and cash equivalents for 2018? ____________ What...
Was there a net increase or decrease
in cash and cash equivalents for 2018? ____________
What was the amount?
____________ (remember the statement is in millions)
Apple Inc. TED STATEMENTS OF CASH FLOWS (In millions) Years endod September 29, 2018 September 30, 2017 September 24, 2016 Cash and cash equivalents, beginning of the year 21.120 Adjustments to reconcile net income to cash generated by operating activities: Deterred income tax expense/(benefit) (32,590) Changes in operating assets and liabilities Other current and...
ANSWER THE TICKED BOX AND CHECK THE OTHER ANSWERS ( LAST ATTEMPT SO CORRECT ANSWER PLEASE)...
ANSWER THE TICKED BOX AND CHECK THE OTHER ANSWERS
( LAST ATTEMPT SO CORRECT ANSWER PLEASE)
Application Problem 5-6A a1 (Indirect Method) The following information is for Harley Holdings Ltd. for the year ended January 31, 2020. HARLEY HOLDINGS LTD. Statement of Financial Position As at January 31 2020 2019 Assets Current assets: Cash $47,000 $34,310 Accounts receivable 81,590 51,700 Inventory 89,860 95,600 Total current assets 218,450 181,610 Equipment 164,500 136,300 Accumulated depreciation, equipment (40,890) (36,660) Land 112,800 159,800 $454,860...
End of Chapter Problem 18.21 The following data relate to Emporium Ltd: Emporium Ltd Income statement...
End of Chapter Problem 18.21 The following data relate to Emporium Ltd: Emporium Ltd Income statement for year ended 30 June 2020 Income Sales revenue $1,205,000 Expenses Cost of sales $710,000 Depreciation – machinery 30,000 Depreciation – buildings 17,000 Other expenses 309,500 1,066,500 Profit $138,500 Emporium Ltd Comparative statements of financial position as at 30 June 2019 2020 Assets Cash at bank $55,500 $46,000 Accounts receivable 142,000 115,000 Inventory 124,000 179,000 Investments 19,000 22,000 Machinery (net) 210,000 290,000 Buildings (net)...
Net income Depreciation expense Gain on disposal of equipment Decrease in accounts receivable Decrease in accounts...
Net income Depreciation expense Gain on disposal of equipment Decrease in accounts receivable Decrease in accounts payable $225,000 25,000 20,500 14,000 3,600 Prepare the Cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments. Dorman Company Statement of Cash Flows Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating...
$ Payments to suppliers Cash payment for purchase of equipment Payments to employees Payment of notes...
$ Payments to suppliers Cash payment for purchase of equipment Payments to employees Payment of notes payable Payment of dividends Cash receipt from issuance of stock Collections from customers Cash receipt from sale of land 115,000 39,000 66,000 34,000 7,500 22,000 188,000 58,000 Cash balance, June 30, 2017 41,000 Amy's Learning Center Statement of Cash Flows (Partial) Year Ended June 30, 2018 Cash Flows from Operating Activities: Receipts: Total Cash Receipts Payments: Total Cash Payments Net Cash Provided by (Used...
How they get " net decrease in cash 265000" ?
what numbers exactly they caluclted ?
Cash balance 30/6/19 125,000 6,500 Loss on sale of vehicle Income tax payments Cash paid to suppliers Cash received from customers Proceeds from sale of land 35,000 156,000 445,000 180,000 316,000 65,000 47,000 225.000 Proceeds from issue of shares Depreciation expense Interest payments Investment in computing equipment Payments of dividends to shareholders Proceeds from sale of equipment Payments to employees Payments of long-term debt...
how to get net increas/decrease in cash ? what numbers
should summed ?
Tracing Company Ltd Statement of Cash Flows for the year ended 30th June 2020 Cash flows from operating activities Receipts from customers Payments to suppliers Payments to employees Interest paid Income tax paid Net cash provided by operating activities 445,000 (156,000) (187.000) (47.000) (35,000) 20,000 Cash flows from investing activities Acquisition of non-current assets Proceeds from sale of non-current assets Proceeds from sale of equipment Net cash...
Question 4: Cash Flow Statement (7 marks) The Statement of Cash Flows for Sasha Ltd for year ended 30 June 2020 has been provided below: Sasha Ltd Statement of Cash Flows for the year ended 30 June 2020 $ $ 14,500 126,000 (16,500) (51,000) 73,000 Cash flows from operating activities Interest payments Receipts from customers Depreciation expense Payments to employees Net cash provided by operating activities Cash flows from investing activities Payment of dividends to shareholders Proceeds from issue of...
how and what is the formula to find net increase?
a. Purchase of fixed assets for cash, $53,300 Proceeds from issuance of common stock, $33,000 Payment of dividends, $46,400 Collection of interest, $6,500 o o o o h. i. j. k. Proceeds from sale of fixed assets, $22,400 Collections from customers, $635,000 Cash receipt of dividend revenue, $4,600 Payments to suppliers, $368,500 Depreciation expense, $59,000 Proceeds from issuance of long-term notes, $22,300 - n. Income tax expense and payments, $36,000...
Was there a net increase or decrease
in cash and cash equivalents for 2018? ____________
What was the amount?
____________ (remember the statement is in millions)
Apple Inc. TED STATEMENTS OF CASH FLOWS (In millions) Years endod September 29, 2018 September 30, 2017 September 24, 2016 Cash and cash equivalents, beginning of the year 21.120 Adjustments to reconcile net income to cash generated by operating activities: Deterred income tax expense/(benefit) (32,590) Changes in operating assets and liabilities Other current and...
ANSWER THE TICKED BOX AND CHECK THE OTHER ANSWERS
( LAST ATTEMPT SO CORRECT ANSWER PLEASE)
Application Problem 5-6A a1 (Indirect Method) The following information is for Harley Holdings Ltd. for the year ended January 31, 2020. HARLEY HOLDINGS LTD. Statement of Financial Position As at January 31 2020 2019 Assets Current assets: Cash $47,000 $34,310 Accounts receivable 81,590 51,700 Inventory 89,860 95,600 Total current assets 218,450 181,610 Equipment 164,500 136,300 Accumulated depreciation, equipment (40,890) (36,660) Land 112,800 159,800 $454,860...
End of Chapter Problem 18.21 The following data relate to Emporium Ltd: Emporium Ltd Income statement for year ended 30 June 2020 Income Sales revenue $1,205,000 Expenses Cost of sales $710,000 Depreciation – machinery 30,000 Depreciation – buildings 17,000 Other expenses 309,500 1,066,500 Profit $138,500 Emporium Ltd Comparative statements of financial position as at 30 June 2019 2020 Assets Cash at bank $55,500 $46,000 Accounts receivable 142,000 115,000 Inventory 124,000 179,000 Investments 19,000 22,000 Machinery (net) 210,000 290,000 Buildings (net)...
Net income Depreciation expense Gain on disposal of equipment Decrease in accounts receivable Decrease in accounts payable $225,000 25,000 20,500 14,000 3,600 Prepare the Cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments. Dorman Company Statement of Cash Flows Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating...
$ Payments to suppliers Cash payment for purchase of equipment Payments to employees Payment of notes payable Payment of dividends Cash receipt from issuance of stock Collections from customers Cash receipt from sale of land 115,000 39,000 66,000 34,000 7,500 22,000 188,000 58,000 Cash balance, June 30, 2017 41,000 Amy's Learning Center Statement of Cash Flows (Partial) Year Ended June 30, 2018 Cash Flows from Operating Activities: Receipts: Total Cash Receipts Payments: Total Cash Payments Net Cash Provided by (Used...
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