Homework Answers
Answer to Question 9:
Investment in marketable securities = Ending marketable
securities - Beginning marketable securities
Investment in marketable securities = $391.00 million - $256.00
million
Investment in marketable securities = $135.00 million
Investment in fixed assets = Fixed assets purchased - Fixed
assets sold
Investment in fixed assets = $2,298.00 million - $546.00
million
Investment in fixed assets = $1,752.00 million
Cash flow from investing activities = - Investment in fixed
assets - Investment in marketable securities
Cash flow from investing activities = -$1,752.00 million - $135.00
million
Cash flow from investing activities = -$1,887.00 million
Answer to Question 10:
Change in cash = Cash flow from operating activities + Cash flow
from investing activities + Cash flow from financing
activities
Change in cash = $341.00 million - $198.00 million - $98.00
million
Change in cash = $45.00 million
Add Answer to:
QUESTION 9 Through your analysis of the company's financial statements you have determined that during the...
Through your analysis of the company's financial statements you have determined that during 2017 DRJ Enterprises...
Through your analysis of the company's financial statements you have determined that during 2017 DRJ Enterprises issued new short-term debt of $335 million and repaid $903 million of long-term debt. It also issued new common stock of $712 million and paid cash dividends of $196 million. What was the company's total cash flow from financing activities (in $ millions)? If a net cash outflow, be certain to place a negative sign in front of your answer. At the end of...
KRJ Company’s statement of cash flows reported cash from operating activities of $130 million, cash flow...
KRJ Company’s statement of cash flows reported cash from operating activities of $130 million, cash flow from investing activities of $-343 million, and cash from financing activities of $119 million. What was the change in cash (in $ millions) reported by the company? Be certain to include a negative sign in front of your answer if the company reported a reduction in cash. PLEASE SHOW ALL STEPS
QUESTION 7 At the beginning of the year Big Lots reported cash of $28 million and...
QUESTION 7 At the beginning of the year Big Lots reported cash of $28 million and by the end of the year it was $21 million. The company's statement of cash flows reported cash from operating activities of $72 million and cash from investing activities of $-36 million. What amount in 5 millions) did the company report for cash from financing activities? Be certain to include a negative sign in front of your answer if the amount represented a cash...
QUESTION 3 At the beginning of the year Big Lots reported retained earnings of $2,024 million...
QUESTION 3 At the beginning of the year Big Lots reported retained earnings of $2,024 million and accumulated other comprehensive income (AOCI) of $102 million. At the end of the year it reported retained earnings of $2,208 million and AOCI of $42 million. The company also reported net income for the year of $404 million. How much (in $ millions) did the company pay out in cash dividends during the year? Note that even though your answer will represent a...
You are researching Time Manufacturing and have found the following accounting statement of cash flows for...
You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the company paid $98.3 million in current taxes and had an interest expense of $48.3 million. TIME MANUFACTURING Statement of Cash Flows ($ in millions) Operations Net income $ 176.0 Depreciation 94.3 Deferred taxes 19.3 Changes in assets and liabilities Accounts receivable – 18.3 Inventories 22.3 Accounts payable 17.3 Accrued expenses – 9.3 Other 3.3...
You are researching Time Manufacturing and have found the following accounting statement of cash flows for...
You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the company paid $99.3 million in current taxes and had an interest expense of $49.3 million. TIME MANUFACTURING Statement of Cash Flows ($ in millions) Operations Net income $ 186.0 Depreciation 95.3 Deferred taxes 20.3 Changes in assets and liabilities Accounts receivable –19.3 Inventories 23.3 Accounts payable 18.3 Accrued expenses –10.3 Other 4.3 Total cash...
cab some one answer this question ASAP? Interpreting Financial Statements BYP17.2 Andrew Peller Limited is a...
cab some one answer this question ASAP?
Interpreting Financial Statements BYP17.2 Andrew Peller Limited is a leading producer and marketer of wines in Canada, with wineries in British Columbia, Ontario, and a Nova Scotia. The company's March 31, 2017, balance sheet reported current assets of $160.5 million and current liabilities of $81.7 million, including bank indebtedness (negative cash balance) of $36.6 million. Andrew Peller Limited reported a profit for fiscal 2017 of $26.4 million. The company reported on its cash...
Ryle Exercise Equipment, Inc. reported the following financial statements for 2018: Prepare the company's statement of...
Ryle Exercise Equipment, Inc. reported the following financial
statements for 2018:
Prepare the company's statement of cash flows-indirect
method-for the year ended December 31, 2018. Assume investments are
purchased with cash.
Ryle Exercise Equipment, Inc. reported the following financial statements for Prepare the company's statement of cash flows-indirect method-for the 2018 EEB (Click the icon to view the income statement.) EB (Click the icon to view the comparative balance sheet) (Click the icon to view additional information.) year ended December...
Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for...
Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for its fiscal year ended May 25, 2008 ($ millions): Revenue $ 13,652.1 Cash from operating activities 1,729.9 Cash, beginning year 417.1 Stockholders' equity 6,215.8 Noncash assets 18,380.6 Cash from financing activities* (1,043.6) Cost of goods sold 8,778.3 Total expenses (other than cost of goods sold) 3,579.1 Cash, ending year 661 Total liabilities 12,825.8 Cash from investing activities (442.4) *Cash from financing activities includes the...
Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for...
Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for its fiscal year ended May 26, 2013 (5 millions): Revenue $17,774.1 Cash from operating activities 2.926.0 Cash, beginning year 471,2 Stockholders' equity 8,096,0 Noncash assets 21,916.6 Cash from financing activities 11,100.4 Cost of goods sold 11.350.2 Total expenses (other than cost of goods sold) 4,568.7 Cash, ending year 7414 Total liabilties 14,562.0 Cash from investing activities (1.515.4 (a) Prepare the income statement, the balance...
Through your analysis of the company's financial statements you have determined that during 2017 DRJ Enterprises issued new short-term debt of $335 million and repaid $903 million of long-term debt. It also issued new common stock of $712 million and paid cash dividends of $196 million. What was the company's total cash flow from financing activities (in $ millions)? If a net cash outflow, be certain to place a negative sign in front of your answer. At the end of...
QUESTION 7 At the beginning of the year Big Lots reported cash of $28 million and by the end of the year it was $21 million. The company's statement of cash flows reported cash from operating activities of $72 million and cash from investing activities of $-36 million. What amount in 5 millions) did the company report for cash from financing activities? Be certain to include a negative sign in front of your answer if the amount represented a cash...
QUESTION 3 At the beginning of the year Big Lots reported retained earnings of $2,024 million and accumulated other comprehensive income (AOCI) of $102 million. At the end of the year it reported retained earnings of $2,208 million and AOCI of $42 million. The company also reported net income for the year of $404 million. How much (in $ millions) did the company pay out in cash dividends during the year? Note that even though your answer will represent a...
cab some one answer this question ASAP?
Interpreting Financial Statements BYP17.2 Andrew Peller Limited is a leading producer and marketer of wines in Canada, with wineries in British Columbia, Ontario, and a Nova Scotia. The company's March 31, 2017, balance sheet reported current assets of $160.5 million and current liabilities of $81.7 million, including bank indebtedness (negative cash balance) of $36.6 million. Andrew Peller Limited reported a profit for fiscal 2017 of $26.4 million. The company reported on its cash...
Ryle Exercise Equipment, Inc. reported the following financial
statements for 2018:
Prepare the company's statement of cash flows-indirect
method-for the year ended December 31, 2018. Assume investments are
purchased with cash.
Ryle Exercise Equipment, Inc. reported the following financial statements for Prepare the company's statement of cash flows-indirect method-for the 2018 EEB (Click the icon to view the income statement.) EB (Click the icon to view the comparative balance sheet) (Click the icon to view additional information.) year ended December...
Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for its fiscal year ended May 25, 2008 ($ millions): Revenue $ 13,652.1 Cash from operating activities 1,729.9 Cash, beginning year 417.1 Stockholders' equity 6,215.8 Noncash assets 18,380.6 Cash from financing activities* (1,043.6) Cost of goods sold 8,778.3 Total expenses (other than cost of goods sold) 3,579.1 Cash, ending year 661 Total liabilities 12,825.8 Cash from investing activities (442.4) *Cash from financing activities includes the...
Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for its fiscal year ended May 26, 2013 (5 millions): Revenue $17,774.1 Cash from operating activities 2.926.0 Cash, beginning year 471,2 Stockholders' equity 8,096,0 Noncash assets 21,916.6 Cash from financing activities 11,100.4 Cost of goods sold 11.350.2 Total expenses (other than cost of goods sold) 4,568.7 Cash, ending year 7414 Total liabilties 14,562.0 Cash from investing activities (1.515.4 (a) Prepare the income statement, the balance...
Most questions answered within 3 hours.
-
For the data set shown below, complete parts (a) through (d)
below. x 3 4 5...
asked 1 minute ago -
A university administrator working in student housing wants to
determine if the percentage of students residing...
asked 14 minutes ago -
3). Describe human population growth that has occurred in the
past 400 years. Use terms learned...
asked 12 minutes ago -
A
projectile is blue at a target. The distance from the point of
impact to the...
asked 36 minutes ago -
Given a 32 bit processor, with 2 MB of physical RAM split into 512
frames. What...
asked 26 minutes ago -
What were the main rulings in the Supreme Court cases which are
Morgan v. Virginia (1946)...
asked 26 minutes ago -
write a five paragraph essay on how setting,
specifically culture, influences the actions of
the characters...
asked 17 minutes ago -
JAVA
Provide a simple code sample of Merge sort
asked 28 minutes ago -
Discounting cash flows involves:
A. taking the cash discount offered on a trade merchandise
B. estimating...
asked 36 minutes ago -
A solid wood door 1.00 m wide and 2.00 m high is hinged along
one side...
asked 36 minutes ago -
Raleigh Company manufactures two joint products. At the
split-off point, they have sales values of:
Product...
asked 35 minutes ago -
1. Your grandmother has invested $4000 in a mutual fund each
year on your birthday (she...
asked 37 minutes ago