Calculate cash flow from operating activities from the following data: ( 3 marks) Profits made during...
Calculate cash flow from operating activities from the following data: ( 3 marks)
- Profits made during the year $ 145,000 after considering the following items :
Amortization of Goodwill 3,000
Depreciation of Fixed Assets 17,000
Loss on Sale of Fixed Assets 2,500
Transfer to General Reserve 15,000
The following is the position of current assets and current liabilities:
|
Particulars |
31.3.07 |
31.3.08 |
|
Creditors Debtors Prepaid Expenses Bills Payable |
12,000 16,200 250 5,000 |
8,200 12,000 750 7,000 |
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Calculate cash flow from operating activities from the following
data: ( 3 marks)
Profits made during...
17 lustration 1 From the following information, calculate cash flow from operating activ using direct method....
17 lustration 1 From the following information, calculate cash flow from operating activ using direct method. Profilt and Loss Account for the year ended on March 31, 2006 Expenses/Losses Revenues/Gains Amount 3.) Amount RS.) 2,20,000 Cost of Goods Sold Gross Profit 1,20,000 Sales 1,00,000 2,20,000 2,20,000 1,00,000 Salary Insurance Premium Depreciation Income Tax Net Profit 30,000 Gross Profit 8,000 20,000 10,000 32,000 1,00,000 1,00,000 Additional Information: April 01, 2005 (Rs.) March 31, 2006 (Rs.) Debtors Bills Receivables Creditors Stock Salaries...
Question 12-4A Use the cash flow from operating activities using the indirect method. E2-44. Statement of...
Question 12-4A
Use the cash flow from operating activities using the indirect method. E2-44. Statement of Cash Flows (Indirect Method) Use the following information regarding the Surpa Corporation to (a) prepare a statement of cash flows using the indirect method and (b) compute Surpa's operating-cash-flow-to-current-liabilities ratio. LO2, Accounts payable increase. Accounts receivable increase, Accrued liabilities decrease Amortization expense. Cash balance, January 1 Cash balance, December 31 Cash paid as dividends Cash paid to purchase land Cash paid to retire bonds...
prepare consolidated balance sheet as per IND AS The Balance Sheets of Sun Ltd. and Moon...
prepare consolidated balance sheet as per IND AS
The Balance Sheets of Sun Ltd. and Moon Ltd. as on 31.3.2015 are given below. Particulars Sun Ltd. Moon Rs. I. EQUITY AND LIABILITIES Shareholders' funds (a) Share Capital Equity shares of Rs. 10 each (b) Reserves &Surplus Other Reserve (General reserve) Surplus (P&L a/c) 2 Current liabilities |(a) Trade payables Bills Payable Ltd. Rs. 120,000 100,000 20,000 12,000 36,000 20,000 4,000 2,000 158,000 7,000 5,000 TOTAL 168,000 IL.ASSETS 1 Non-current assets...
1. Calculating Cash Flow: For This Year of Bhalu Belltronics a) Calculate the operating cash flow?...
1. Calculating Cash Flow: For This Year of Bhalu Belltronics a) Calculate the operating cash flow? b) What is the change in working capital from last year? c) Calculate purchase of new assets? d) What is the cash flow to bondholders (debtholders)? e) What is the cash flow to stockholders? f) Show that the cash flow to assets equal cash flow to bondholders plus cash flow to stockholders? 2. For Bhalu Belltronics a) Calculate the internal growth rate? b) Calculate...
what was the net cash flow from operating activities? The following data is from the comparative...
what was the net cash flow from operating activities?
The following data is from the comparative balance sheets of Wilson Company: 2004 Cash Accounts Receivable Inventory Prepaid Insurance Investments Equipment Accum. Depreciation Totals $55,500 64,500 98,700 800 5,000 100,000 (32,000) 292,500 2003 $32,400 73,200 97,900 1,200 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained Earnings Totals 14,100 60,000 120,000 98,400 292,500 18,300 80,000 100,000 86,400 284,700 Here is some additional information Investments Equipment Accum. Depreciation Totals 5,000...
We need use the data to prepare cash flows from operating activities section of the statement...
We need use the data to prepare cash flows from operating
activities section of the statement of cash flows using the
indirect method and develop cash flow
CASH FLOWS FROM OPERATING ACTIVITIES- INDIRECT METHOD PROBLEM DATA DEMONSTRATION COMPANY Comparative Balance Sheet Accounts December 31, 2005 2004 $30,000 $39,000 15,000 10,000 20,000 18,000 s.e Change Ce Current assets Accounts receivable Prepaid rent Inventory Current liabilities 18,000 12,000 Accounts payable Interest payable Taxes payable 6,000 2,000 3,000 S,000 DEMONSTRATION COMPANY Income Statement...
Determining Net Income from Net Cash Flow from Operating Activities Curwen Inc. reported net cash flow...
Determining Net Income from Net Cash Flow from Operating Activities Curwen Inc. reported net cash flow from operating activities of $201,300 on its statement of cash flows for the year ended December 31. The following information was reported in the "Cash flows from operating activities" section of the statement of cash flows, using the indirect method: Decrease in income taxes payable Decrease in inventories $4,500 11,200 17,300 7,800 Depreciation Gain on sale of investments Increase in accounts payable 3,100 Increase...
Determining Net Income from Net Cash Flow from Operating Activities Curwen Inc. reported net cash flow...
Determining Net Income from Net Cash Flow from Operating
Activities
Curwen Inc. reported net cash flow from operating activities of
$196,600 on its statement of cash flows for the year ended December
31. The following information was reported in the Cash Flows from
Operating Activities section of the statement of cash flows, using
the indirect method:
Determining Net Income from Net Cash Flow from Operating Activities Curwen Inc. reported net cash flow from operating activities of $196,600 on its statement...
The following information is available for Splish Brothers Inc.: Cash receipts from operating activities Cash payments...
The following information is available for Splish Brothers Inc.: Cash receipts from operating activities Cash payments from operating activities Net cash used by investing Net cash provided by financing Net increase in cash and equivalents Cash and equivalents at start of year Cash and equivalents at year-end (in million) $940 $290 $250 $900 $660 What is the net increase in cash and equivalents? O $640 $1800 $1300 $2460 Use the following data to determine the total dollar amount of assets...
Part 3: Financial statements - 40 marks From the following information of the accounting book of...
Part 3: Financial statements - 40 marks From the following information of the accounting book of Hope Dunn, draw up: (1) an Income statement for the year ended 31 December 2017 (in €). (2) Prepare a Balance Sheet as at 31 December 2017 (in €). 400.000 91,000 255,000 35,000 51,000 Premises Purchases Sales Fixtures and Fittings Motor Cars Allowance for Depreciation: - Fixtures and Fittings • Motor Cars Bank Stock of goods at 1st January 2017 Cash Postage expenses 16,000...
17 lustration 1 From the following information, calculate cash flow from operating activ using direct method. Profilt and Loss Account for the year ended on March 31, 2006 Expenses/Losses Revenues/Gains Amount 3.) Amount RS.) 2,20,000 Cost of Goods Sold Gross Profit 1,20,000 Sales 1,00,000 2,20,000 2,20,000 1,00,000 Salary Insurance Premium Depreciation Income Tax Net Profit 30,000 Gross Profit 8,000 20,000 10,000 32,000 1,00,000 1,00,000 Additional Information: April 01, 2005 (Rs.) March 31, 2006 (Rs.) Debtors Bills Receivables Creditors Stock Salaries...
Question 12-4A
Use the cash flow from operating activities using the indirect method. E2-44. Statement of Cash Flows (Indirect Method) Use the following information regarding the Surpa Corporation to (a) prepare a statement of cash flows using the indirect method and (b) compute Surpa's operating-cash-flow-to-current-liabilities ratio. LO2, Accounts payable increase. Accounts receivable increase, Accrued liabilities decrease Amortization expense. Cash balance, January 1 Cash balance, December 31 Cash paid as dividends Cash paid to purchase land Cash paid to retire bonds...
prepare consolidated balance sheet as per IND AS
The Balance Sheets of Sun Ltd. and Moon Ltd. as on 31.3.2015 are given below. Particulars Sun Ltd. Moon Rs. I. EQUITY AND LIABILITIES Shareholders' funds (a) Share Capital Equity shares of Rs. 10 each (b) Reserves &Surplus Other Reserve (General reserve) Surplus (P&L a/c) 2 Current liabilities |(a) Trade payables Bills Payable Ltd. Rs. 120,000 100,000 20,000 12,000 36,000 20,000 4,000 2,000 158,000 7,000 5,000 TOTAL 168,000 IL.ASSETS 1 Non-current assets...
1. Calculating Cash Flow: For This Year of Bhalu Belltronics a) Calculate the operating cash flow? b) What is the change in working capital from last year? c) Calculate purchase of new assets? d) What is the cash flow to bondholders (debtholders)? e) What is the cash flow to stockholders? f) Show that the cash flow to assets equal cash flow to bondholders plus cash flow to stockholders? 2. For Bhalu Belltronics a) Calculate the internal growth rate? b) Calculate...
what was the net cash flow from operating activities?
The following data is from the comparative balance sheets of Wilson Company: 2004 Cash Accounts Receivable Inventory Prepaid Insurance Investments Equipment Accum. Depreciation Totals $55,500 64,500 98,700 800 5,000 100,000 (32,000) 292,500 2003 $32,400 73,200 97,900 1,200 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained Earnings Totals 14,100 60,000 120,000 98,400 292,500 18,300 80,000 100,000 86,400 284,700 Here is some additional information Investments Equipment Accum. Depreciation Totals 5,000...
We need use the data to prepare cash flows from operating
activities section of the statement of cash flows using the
indirect method and develop cash flow
CASH FLOWS FROM OPERATING ACTIVITIES- INDIRECT METHOD PROBLEM DATA DEMONSTRATION COMPANY Comparative Balance Sheet Accounts December 31, 2005 2004 $30,000 $39,000 15,000 10,000 20,000 18,000 s.e Change Ce Current assets Accounts receivable Prepaid rent Inventory Current liabilities 18,000 12,000 Accounts payable Interest payable Taxes payable 6,000 2,000 3,000 S,000 DEMONSTRATION COMPANY Income Statement...
Determining Net Income from Net Cash Flow from Operating Activities Curwen Inc. reported net cash flow from operating activities of $201,300 on its statement of cash flows for the year ended December 31. The following information was reported in the "Cash flows from operating activities" section of the statement of cash flows, using the indirect method: Decrease in income taxes payable Decrease in inventories $4,500 11,200 17,300 7,800 Depreciation Gain on sale of investments Increase in accounts payable 3,100 Increase...
Determining Net Income from Net Cash Flow from Operating
Activities
Curwen Inc. reported net cash flow from operating activities of
$196,600 on its statement of cash flows for the year ended December
31. The following information was reported in the Cash Flows from
Operating Activities section of the statement of cash flows, using
the indirect method:
Determining Net Income from Net Cash Flow from Operating Activities Curwen Inc. reported net cash flow from operating activities of $196,600 on its statement...
The following information is available for Splish Brothers Inc.: Cash receipts from operating activities Cash payments from operating activities Net cash used by investing Net cash provided by financing Net increase in cash and equivalents Cash and equivalents at start of year Cash and equivalents at year-end (in million) $940 $290 $250 $900 $660 What is the net increase in cash and equivalents? O $640 $1800 $1300 $2460 Use the following data to determine the total dollar amount of assets...
Part 3: Financial statements - 40 marks From the following information of the accounting book of Hope Dunn, draw up: (1) an Income statement for the year ended 31 December 2017 (in €). (2) Prepare a Balance Sheet as at 31 December 2017 (in €). 400.000 91,000 255,000 35,000 51,000 Premises Purchases Sales Fixtures and Fittings Motor Cars Allowance for Depreciation: - Fixtures and Fittings • Motor Cars Bank Stock of goods at 1st January 2017 Cash Postage expenses 16,000...
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