Homework Answers
| PARTICULAR | DETAILS | AMT. ($) | |
| (A) | CASH FLOW FROM OPERATING ACTIVITIES | ||
| Net profit before tax | 34 | ||
| Adjustments for: | |||
| Depreciation & amortization | 50 | ||
| Operating profit before working capital changes | 84 | ||
| ADDITIONS: | |||
| Increase in accrued wages & taxes | 10 | ||
| Increase in account payables | 5 | ||
| Increase in notes payables | 10 | ||
| SUBTRACTIONS: | |||
| Increase in account receivables | -15 | ||
| Increase in inventory | -25 | ||
| Operating cash before tax | 69 | ||
| Less: Income taxes paid | -10 | ||
| NET CASH FROM OPERATING ACTIVITIES | 59 | ||
| (B) | CASH FLOW FROM INVESTING ACTIVITIES | ||
| Purchase of plant & equipment | -50 | ||
| CASH USED IN INVESTING ACTIVITIES | -50 | ||
| (C) | CASH FLOW FROM FINANCING ACTIVITIES | ||
| Long-term debt borrowed | 10 | ||
| Dividend paid | -5 | ||
| CASH FLOW FROM FINANCING ACTIVITIES | 5 | ||
| (D) | NET INCREASE IN CASH & MARKETABLE SECURITIES | 14 | |
| (E) | OPENING BALANCE | 50 | |
| (F) | CLOSING BALANCE OF CASH | 64 | |
(1) Cash flow for operating Activities = $59
(2) Net change in Cash & Marketable securities = $14
(3) As per balance sheet, its the same = $14
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