Homework Answers
Solution:
a. Op In
b. Op In
c. Op In
d. Fin In
e. Fin In
f. Op Out
g. Inv Out
h. Fin Out
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Paragraph Styles Ch.4 In-class exercises Topic: Cash flow activities LO: 1 1. In which of the...
. Flow Company has provided the following information for the year ended December 31, 2019: Cash...
. Flow Company has provided the following information for the year ended December 31, 2019: Cash paid for interest, $24,000 Cash paid for dividends, $6,800 Cash dividends received, $4,800 Cash proceeds from bank loan $37,000 Cash purchase of treasury stock, $15,000 Cash paid for equipment purchase, $31.000 Cash received from issuance of common stock, $41,000 Cash received from sale of land with a $36,000 book value, $28,200 Acquisition of land costing $55,000 in exchange for preferred stock issuance. Payment of...
Flow Company has provided the following information for the year ended December 31, 2016: •Cash paid...
Flow Company has provided the following information for the year ended December 31, 2016: •Cash paid for interest, $20,500 •Cash paid for dividends, $6,100 •Cash dividends received, $4,100 •Cash proceeds from bank loan, $30,000 •Cash purchase of treasury stock, $11,500 •Cash paid for equipment purchase, $27,500 •Cash received from issuance of common stock, $37,500 •Cash received from sale of land with a $32,500 book value, $25,400 •Acquisition of land costing $51,500 in exchange for preferred stock issuance. •Payment of a...
Question 1 (60 points) Match items that appear on the statement of cash flows for the...
Question 1 (60 points) Match items that appear on the statement of cash flows for the year ended 12/31/2014 with the appropriate presentation on the statement. Decrease in salaries payable Increase in accounts receivable 1. added inflow in the operating activities section Net income 2. subtracted outflow in the operating activities section Cash paid for dividends 3. added inflow in the investing activities section Cash paid for construction of building 4 subtracted outflow in the investing activities section Cash received...
the following are typical classifications used in the statement of cash flows for apple co. a...
the following are typical classifications used in the statement
of cash flows for apple co.
a Operating cash inflow. b. Operating cash outflow. (add to Net Income) (deduct from Net Income) c. Investing cash inflow. d. Investing cash outflow. e. Financing cash inflow. f Financing cash outflow. Required: For each 2019 event listed below, select the appropriate category which a nect the appropriate category which describes the effect of the event on Aquinas Co.'s indirect method statement of cash flows:...
Using the following information, compute cash flow from investing activities. &n
Using the following information, compute cash flow from investing activities. Cash Inflow (Outflow) Cash received from sale of a building $5,600 Cash paid for interest (450) Cash paid to repurchase shares of stock (treasury stock) (1,000) Cash collected from customers 10,000 Cash paid for dividends (780) Cash paid for income taxes (1,320) $5,600 $5,150 $4,150 $4,820 $4,600
QUESTTON 15 Cash flows from financing activities include O Interest received O Interest paid O Dividends...
QUESTTON 15 Cash flows from financing activities include O Interest received O Interest paid O Dividends received. Cash dividends paid QUESTION 16 Cash flows from investing activities do not include cash flows from Lending O The sale of equipment. @ Borrowing O The purchase of land and buildings QUESTION 17 Cash flows from investing activities do not include O Proceeds from the sale of land O Proceeds from the issuance of common stock O Proceeds from the sale of marketable...
Topic: Cash flow statement Total marks: 7.5 Part I 1. Give two examples of cash receipts...
Topic: Cash flow statement Total marks: 7.5 Part I 1. Give two examples of cash receipts and two examples of cash payments that fit into each of the following classifications: (1.5 marks) a. Operating activities. b. Investing activities. c. Financing activities. 2. Why are payments and receipts of interest classified as operating activities rather than as financing or investing activities? (1.5 marks)
QUESTION 11 Reiser Co. has 8,000 shares of no-par common stock with a $50 stated value...
QUESTION 11 Reiser Co. has 8,000 shares of no-par common stock with a $50 stated value and 3,000 shares of $40 par, 5 percent noncumulative preferred stock outstanding. if the company declares a cash dividend of $22,000, the amount of the dividend paid to preferred stockholders is: $5,000 $6,000 $11,00 $5,500 QUESTION 12 Which of the following would be reported as cash flow from financing activities Cash receipts from the sale of equipment Cash receipts from interest on notes receivable...
CLASSIFICATION OF CASH FLOWS The accountant for Delta Ltd prepared the following statement of cash flows....
CLASSIFICATION OF CASH FLOWS The accountant for Delta Ltd
prepared the following statement of cash flows.
The managers were worried that investors would be displeased by
the negative operating cash flow and that the company’s share price
might fall as a result. One manager suggested that the interest
paid and interest received might be classified as financing cash
flows and investing cash flows respectively, so that the company’s
cash flow would look better.
Required 1. Calculate the net cash flows...
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...
. Flow Company has provided the following information for the year ended December 31, 2019: Cash paid for interest, $24,000 Cash paid for dividends, $6,800 Cash dividends received, $4,800 Cash proceeds from bank loan $37,000 Cash purchase of treasury stock, $15,000 Cash paid for equipment purchase, $31.000 Cash received from issuance of common stock, $41,000 Cash received from sale of land with a $36,000 book value, $28,200 Acquisition of land costing $55,000 in exchange for preferred stock issuance. Payment of...
Question 1 (60 points) Match items that appear on the statement of cash flows for the year ended 12/31/2014 with the appropriate presentation on the statement. Decrease in salaries payable Increase in accounts receivable 1. added inflow in the operating activities section Net income 2. subtracted outflow in the operating activities section Cash paid for dividends 3. added inflow in the investing activities section Cash paid for construction of building 4 subtracted outflow in the investing activities section Cash received...
the following are typical classifications used in the statement
of cash flows for apple co.
a Operating cash inflow. b. Operating cash outflow. (add to Net Income) (deduct from Net Income) c. Investing cash inflow. d. Investing cash outflow. e. Financing cash inflow. f Financing cash outflow. Required: For each 2019 event listed below, select the appropriate category which a nect the appropriate category which describes the effect of the event on Aquinas Co.'s indirect method statement of cash flows:...
QUESTTON 15 Cash flows from financing activities include O Interest received O Interest paid O Dividends received. Cash dividends paid QUESTION 16 Cash flows from investing activities do not include cash flows from Lending O The sale of equipment. @ Borrowing O The purchase of land and buildings QUESTION 17 Cash flows from investing activities do not include O Proceeds from the sale of land O Proceeds from the issuance of common stock O Proceeds from the sale of marketable...
CLASSIFICATION OF CASH FLOWS The accountant for Delta Ltd
prepared the following statement of cash flows.
The managers were worried that investors would be displeased by
the negative operating cash flow and that the company’s share price
might fall as a result. One manager suggested that the interest
paid and interest received might be classified as financing cash
flows and investing cash flows respectively, so that the company’s
cash flow would look better.
Required 1. Calculate the net cash flows...
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...
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