AOS Industries Statement of Cash Flows for 2008 Operating activities &
AOS Industries Statement of Cash Flows for 2008
Operating activities
Net Income 3.2
Depreciation and amortization 1.4
Cash effect of changes in
Accounts receivable 2.1
Accounts payable 1.1
Inventory 0.8
Cash from operating activities 8.6
Investment activities
Capital expenditures
-2.2
Acquisitions and other investing activity
-0.4
Cash from investing activities -2.6
Financing activities
Dividends paid
-1.5
Sale or purchase of stock 2.1
Increase in short-term borrowing 1.4
Increase in long-term borrowing 3.2
Cash from financing activities 5.2
Change in Cash and Cash Equivalents 11.2
Consider the above statement of cash flows. What were AOS Industries' major means of raising money in 2008?
A.
from investment activities
B.
by sale of stock
C.
from its operations
D.
by issuing debt
Homework Answers
Option (C) is correct
Major means of raising money in 2008 was from its operations.
We can see that that cash from operating activities was $8.6 which is quite high in comparison to cash from investing activities (-$2.6), by sale of stock ($2.1) and by issuing debt ($1.4 + $3.2 = $4.6).
Add Answer to:
AOS Industries Statement of Cash Flows for
2008
Operating
activities &
1. Explain and detail the AOS's operating cash flows? 2. In 2017, AOS Industries had contemplated...
1. Explain and detail the AOS's operating cash flows?
2. In 2017, AOS Industries had contemplated buying a new warehouse
for $2 million, the cost of which
would be depreciated over 10 years.
If AOS Industries has a tax rate of 25%, what would be the
impact for the amount of cash held by AOS at the end of the
2018?
Use the table for the question(s) below. AOS Industries Statement of Cash Flows for 2017 Operating activities Net Income...
3. Operating, Investing, and financing activities and cash flows The statement of cash flows reports a...
3. Operating, Investing, and financing activities and cash flows The statement of cash flows reports a company's cash inflows and outflows for a given accounting period by categorizing the company's sources and uses of cash as either operating, investing, or financing activities. Determine whether the activities described in the following table should be categorized as operating, investing, or financing activities in the statement of cash flows. activities Investing activities Financing activities Alexander Co. purchased a factory for $920,000. Doran Industries...
2. Operating, investing, and financing activities and cash flows The statement of cash flows reports a...
2. Operating, investing, and financing activities and cash flows The statement of cash flows reports a company's cash inflows and outflows for a given accounting period by categorizing the company's sources and uses of cash as either operating, investing, or financing activities. Determine whether the activities described in the following table should be categorized as operating, investing, or financing activities in the statement of cash flows. Operating activities Investing activities Financing activities Clayton Inc. issued new common stock for $550.000,...
A statement of Cash Flows contains the following sections: Cash Flows from Operating Activities Cash Flows...
A statement of Cash Flows contains the following sections: Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities Investing and Financing Activities NOT affecting cash A list of items that appear on the Cash Flows Statement appear below: Using the letters (A-D), indicate in which section(s) of the statement of cash flows (or accompanying schedule) the preceding items would most likely be classified A Investing and Financing Activities NOT affecting cash B. Cash Flows...
Classify the following cash flows as operating investing, or financing activities Classy as a source or...
Classify the following cash flows as operating investing, or financing activities Classy as a source or a use of cash or indicate it is added or subjected on the Statement of Canon 1. Issued bonds payable. 2. Purchased shares as an investment 3. Issued common shares for cash 4. Paid dividends. 5. Increase in Accounts Receivable 6. Received payments from customers 7. Collected proceeds from sale of long-term investments 8. A loss on the Income Statement 9. Paid Accounts Payable...
Analyze the Cash Flows from Operating Activities identifying areas of strength and areas of concern: Analyze...
Analyze the Cash Flows from Operating
Activities identifying areas of strength and areas of
concern:
Analyze the Cash Flows from Investing
Activities identifying areas of strength and areas of
concern :
Analyze the Cash Flows from Financing
Activities identifying areas of strength and areas of
concern:
Provide a summary analysis. Explain how
strengths and concerns from operating activities could potentially
relate to investing and financing decisions:
Cash Flows from Operating Activities Net Income 478,000 Adjustments to reconcile net income to...
Below is an example of a statement of cash flows. Explain the indirect method and how...
Below is an example of a statement of cash flows. Explain the indirect method and how the cash is moving within this company. What are the differences between the indirect and direct method? Statement of Cash Flows Indirect Method For the Year Ending 12/31/2015 Cash Flows from Operating Activities: Net income Add (deduct items) not affecting cash: Depreciation expense Gain on sale of equipment 43,987 2,150 (150) (3,500) 2,800 45,287 Increase in accounts payable Net cash provided by operating activities...
on- The major classifications of activities reported in the statement of cash flows are operating, investing,...
on- The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: 1. Operating activity-add to net income. 2. Operating activity-deduct from net income. port 3. Investing activity. 4. Financing activity. 5. Reported as significant noncash activity The transactions are as follows. Transactions Classifications of Activities Issuance of common stock (b) Purchase of land and building Redemption of bonds. (d) Sale of equipment. le) Depreciation of...
Statement of Cash Flows-Indirect Method The comparative balance sheet of Olson-Jones Industries Inc. for December 31,...
Statement of Cash Flows-Indirect Method The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 20Y2 and 2041, is as follows: Dec. 31, Dec. 31, 2012 2011 Assets $155 Cash Accounts receivable (net) Inventories U Land Equipment Accumulated depreciation equipment (19) (10) Total Assets $476 $343 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Dividends payable Common stock, $1 par Paid-in capital: Excess of issue price over par- common stock Retained earnings 236 307 $476 Total liabilities and stockholders'...
Statement of Cash Flows-Indirect Method The comparative balance sheet of Olson-Jones Industries Inc. for December 31,...
Statement of Cash Flows-Indirect Method The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 2012 and 2041, is as follows: Dec. 31, 2012 Dec. 31, 2011 Assets Cash $183 o Accounts receivable (net) Inventories o Land 250 o on (68) $742 (42) $625 Equipment Accumulated depreciation equipment Total assets Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Dividends payable Common stock, $1 par Paid-in capital: Excess of issue price over par- common stock Retained earnings u un u...
1. Explain and detail the AOS's operating cash flows?
2. In 2017, AOS Industries had contemplated buying a new warehouse
for $2 million, the cost of which
would be depreciated over 10 years.
If AOS Industries has a tax rate of 25%, what would be the
impact for the amount of cash held by AOS at the end of the
2018?
Use the table for the question(s) below. AOS Industries Statement of Cash Flows for 2017 Operating activities Net Income...
3. Operating, Investing, and financing activities and cash flows The statement of cash flows reports a company's cash inflows and outflows for a given accounting period by categorizing the company's sources and uses of cash as either operating, investing, or financing activities. Determine whether the activities described in the following table should be categorized as operating, investing, or financing activities in the statement of cash flows. activities Investing activities Financing activities Alexander Co. purchased a factory for $920,000. Doran Industries...
2. Operating, investing, and financing activities and cash flows The statement of cash flows reports a company's cash inflows and outflows for a given accounting period by categorizing the company's sources and uses of cash as either operating, investing, or financing activities. Determine whether the activities described in the following table should be categorized as operating, investing, or financing activities in the statement of cash flows. Operating activities Investing activities Financing activities Clayton Inc. issued new common stock for $550.000,...
A statement of Cash Flows contains the following sections: Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities Investing and Financing Activities NOT affecting cash A list of items that appear on the Cash Flows Statement appear below: Using the letters (A-D), indicate in which section(s) of the statement of cash flows (or accompanying schedule) the preceding items would most likely be classified A Investing and Financing Activities NOT affecting cash B. Cash Flows...
Classify the following cash flows as operating investing, or financing activities Classy as a source or a use of cash or indicate it is added or subjected on the Statement of Canon 1. Issued bonds payable. 2. Purchased shares as an investment 3. Issued common shares for cash 4. Paid dividends. 5. Increase in Accounts Receivable 6. Received payments from customers 7. Collected proceeds from sale of long-term investments 8. A loss on the Income Statement 9. Paid Accounts Payable...
Analyze the Cash Flows from Operating
Activities identifying areas of strength and areas of
concern:
Analyze the Cash Flows from Investing
Activities identifying areas of strength and areas of
concern :
Analyze the Cash Flows from Financing
Activities identifying areas of strength and areas of
concern:
Provide a summary analysis. Explain how
strengths and concerns from operating activities could potentially
relate to investing and financing decisions:
Cash Flows from Operating Activities Net Income 478,000 Adjustments to reconcile net income to...
on- The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: 1. Operating activity-add to net income. 2. Operating activity-deduct from net income. port 3. Investing activity. 4. Financing activity. 5. Reported as significant noncash activity The transactions are as follows. Transactions Classifications of Activities Issuance of common stock (b) Purchase of land and building Redemption of bonds. (d) Sale of equipment. le) Depreciation of...
Statement of Cash Flows-Indirect Method The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 20Y2 and 2041, is as follows: Dec. 31, Dec. 31, 2012 2011 Assets $155 Cash Accounts receivable (net) Inventories U Land Equipment Accumulated depreciation equipment (19) (10) Total Assets $476 $343 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Dividends payable Common stock, $1 par Paid-in capital: Excess of issue price over par- common stock Retained earnings 236 307 $476 Total liabilities and stockholders'...
Statement of Cash Flows-Indirect Method The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 2012 and 2041, is as follows: Dec. 31, 2012 Dec. 31, 2011 Assets Cash $183 o Accounts receivable (net) Inventories o Land 250 o on (68) $742 (42) $625 Equipment Accumulated depreciation equipment Total assets Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Dividends payable Common stock, $1 par Paid-in capital: Excess of issue price over par- common stock Retained earnings u un u...
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