Question

Requirements Prepare Fun in the Sun Company's cash flow statement for the year ended March 31, 2019. Not all items listed will appear on the cash flow statement. What activities provided the largest source of cash? Is this a sign of financial strength or weakness? 1. Requirement 1. Prepare Fun in the Sun Company's cash flow statement for the year ended March 31, 2019. Not all items listed will appear on the cash flow statement. (Use parentheses or a minus sign to show cash payments, cash outflows, and/or a net decrease in cash. If a box is not used in the statement of cash flow leave the box empty; do not select a label or enter a zero.) Data Table Millions Cash flows from operating activities: 3,475 3,060 Net cash provided by (used for) operating activities Cash flows from investing activities: Purchases of property, plant, and equipment for cash $ Net income .................... Adjustments to reconcile net income to net cash provided by operating activities Revenues .............. .. Cash, beginning of year .......... end of year ......... Cost of goods sold ............. Other investing cash payments ........ ....$ Accounts receivable .......... Payment of dividends Common stock. .................... Issuance of common stock ........... Cash proceeds on sale of property, plant, and equipment Retained earnings .................. 200 850 340 4,810 210 minut 2.360 58,900 240 1,885 38,400 30 Net cash provided by (used for) investing activities Cash flows from financing activities: 12.950 [Print Done Net cash provided by (used for) financing activities Net increase (decrease) in cash Cash, beginning of the year Cash, ending of the year Requirement 2. What activities provided the largest source of cash? Is this a sign of financial strength or weakness? activities provided the largest amount of Fun in the Sun's cash. This is usually a sign of financial because should be the main source of cash.

Answer 1

While making the cash flow statements the cash from the operating activities, investing activities and the financing activities is calculated as per the given format. Th answer will be as under:

Cash flow statements i bolovi In Mo Salvo operating activities Cash flow from 3060 2360 2 Net Income Addo Adjustments reNet Cosh 5420 cash from Investing activities Purchese of PPE sale of PPB stole Cash Investing payment 20 NET CASH (3475) 30 (200) [(3645) Cash from financing activities Issue of common stock deordend Peud usd NET CASH 210 |/340) (130 1645 Net i Open af Iuflow Cash 240 Cesh at the end 1885 i from Mayor Cash operating In flow Activities -