Q13 - Procter & Gamble’s June 30, 2018, financial statements reported the following (in millions): Cash,...
Q13 - Procter & Gamble’s June 30, 2018, financial statements reported the following (in millions):
|
Cash, beginning of year |
$ 4,436 |
|
Cash, end of year |
$ 5,947 |
|
Cash from operating activities |
$14,873 |
|
Cash from investing activities |
$ (6,295) |
What did Procter & Gamble report for cash from financing activities for the year ended June 30, 2018?
Homework Answers
Let the Cash from financing activities be x
Hence,
Cash, beginning of year + Cash from operating activities+ Cash from investing activities + cash from financing activities = Cash, end of year
$ 5947 = 4436+14873-6295+x
x= - $ 7,067
Hence the correct answer is - $ 7,067
Add Answer to:
Q13 - Procter & Gamble’s June 30, 2018, financial statements
reported the following (in millions):
Cash,...
Prepare the following schedule: Amounts in millions, years ending June 30, 2019 2018 2017 Cash, cash...
Prepare the following schedule:
Amounts in millions, years ending June 30,
2019
2018
2017
Cash, cash equivalents, and restricted cash, beginning of the
year
Add/(Less):
Total Operating Activities
Total Investing Activities
Total Financing Activities
Effect of Exchange Rate Changes on cash, cash equivalents, and
restricted cash
Change in Cash, cash equivalents, and restricted cash
Cash, cash equivalents, and restricted cash, end of year
For the following 3 sections, provide a brief comment on the
3-year trend for each:
(1) Total...
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Booster Company is preparing its financial statements for the
year ended June 30, 2018. The financial statements are complete
except for the statement of cash flows. You have been asked to
prepare a statement of cash flows for the year ended June 30,
2017.
Booster Company A1 Company Facts:
PLEASE FILL IN THE BELOW CHARTS FOR THE
ASSIGNMENT:------------------------------------------------------------------
Account Balances June 30, 2017 June 30, 2018 Debits $ $ L 361,700 100,000 11,700 1,500 168,750 45.000 Cash Accounts Receivable Marketable...
Booster Company is preparing its financial statements for the year ended June 30, 2018. The financial...
Booster Company is preparing its financial statements for the year ended June 30, 2018. The financial statements are complete except for the statement of cash flows. You have been asked to prepare a statement of cash flows for the year ended June 30, 2017. Download the Excel spreadsheet Booster Company A1. Required: 1. Prepare a spreadsheet to support a statement of cash flows for the year ended June 30, 2018. 2. In the Excel Worksheet column named Worksheet Entries', show...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30,...
The following financial statements and additional information
are reported.
IKIBAN INC.
Comparative Balance Sheets
June 30, 2019 and 2018
2019
2018
Assets
Cash
$
74,900
$
65,000
Accounts receivable, net
96,500
72,000
Inventory
84,800
118,000
Prepaid expenses
6,500
9,600
Total current assets
262,700
264,600
Equipment
145,000
136,000
Accum. depreciation—Equipment
(37,500
)
(19,500
)
Total assets
$
370,200
$
381,100
Liabilities and Equity
Accounts payable
$
46,000
$
61,500
Wages payable
8,100
19,200
Income taxes payable
5,500
8,000
Total current liabilities...
NEED ANSWER ASAP. NEED NEW ORIGINAL ANSWER NEVER USED BEFORE The Procter & Gamble Company (P&G)...
NEED ANSWER ASAP. NEED NEW ORIGINAL ANSWER NEVER USED
BEFORE
The Procter & Gamble Company (P&G) The financial
statements of P&G are presented in Appendix (thats below). The
company’s complete annual report, including the notes to the
financial statements, is available online. Instructions Refer to
P&G’s financial statements and the related information in the
annual report to answer the following questions.
(a) What alternative formats could P&G have adopted for
its balance sheet? Which format did it adopt?
(b) Identify...
The following financial statements and additional information are reported. 2018 IKIBAN INC. Comparative Balance Sheets June...
The following financial statements and additional information are reported. 2018 IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 77,900 Accounts receivable, net 89,000 Inventory 79,800 Prepaid expenses 6,000 Total current assets 252,700 Equipment 140,000 Accum. depreciation-Equipment (35,000) Total assets $357,700 Liabilities and Equity Accounts payable $ 41,000 Wages payable 7,600 Income taxes payable 5,000 Total current liabilities 53,600 Notes payable (long term) 33,200 Total liabilities 86,800 Equity Common stock, $5 par value 252,000 Retained...
Booster Company is preparing its financial statements for the year ended June 30, 2018. The financial...
Booster Company is preparing its financial statements for the
year ended June 30, 2018. The financial statements are complete
except for the statement of cash flows. You have been asked to
prepare a statement of cash flows for the year ended June 30,
2017.
Download the Excel spreadsheet Booster Company A1.
Required:
Prepare a spreadsheet to support a statement of cash flows for
the year ended June 30, 2018.
In the Excel Worksheet column named ‘Worksheet
Entries’, show under Debit...
The following financial statements and additional information are reported. 2018 IKIBAN INC. Comparative Balance Sheets June...
The following financial statements and additional information are reported. 2018 IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 84,500 Accounts receivable, net 72,500 Inventory 68,800 Prepaid expenses 4,900 Total current assets 230, 700 Equipment 129,000 Accum. depreciation-Equipment (29,500) Total assets $330, 200 Liabilities and Equity Accounts payable $ 30,000 Wages payable 6,500 Income taxes payable 3,900 Total current liabilities 40, 400 Notes payable (long term) 31,000 Total liabilities 71,400 Equity Common stock, $5 par...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30,...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 75,500 95,000 83,800 6,400 260,700 144,000 (37,000) $367,700 $ 64,000 71,000 116,500 9,400 260,900 135,000 (19,000) $376,900 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30,...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 106,300 68,000 65,800 4,600 244,700 126,000 (28,000) $342,700 $ 46,000 53,000 89,500 5,800 194,300 117,000 (10,000) $301,300 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value...
Prepare the following schedule:
Amounts in millions, years ending June 30,
2019
2018
2017
Cash, cash equivalents, and restricted cash, beginning of the
year
Add/(Less):
Total Operating Activities
Total Investing Activities
Total Financing Activities
Effect of Exchange Rate Changes on cash, cash equivalents, and
restricted cash
Change in Cash, cash equivalents, and restricted cash
Cash, cash equivalents, and restricted cash, end of year
For the following 3 sections, provide a brief comment on the
3-year trend for each:
(1) Total...
Booster Company is preparing its financial statements for the
year ended June 30, 2018. The financial statements are complete
except for the statement of cash flows. You have been asked to
prepare a statement of cash flows for the year ended June 30,
2017.
Booster Company A1 Company Facts:
PLEASE FILL IN THE BELOW CHARTS FOR THE
ASSIGNMENT:------------------------------------------------------------------
Account Balances June 30, 2017 June 30, 2018 Debits $ $ L 361,700 100,000 11,700 1,500 168,750 45.000 Cash Accounts Receivable Marketable...
Booster Company is preparing its financial statements for the year ended June 30, 2018. The financial statements are complete except for the statement of cash flows. You have been asked to prepare a statement of cash flows for the year ended June 30, 2017. Download the Excel spreadsheet Booster Company A1. Required: 1. Prepare a spreadsheet to support a statement of cash flows for the year ended June 30, 2018. 2. In the Excel Worksheet column named Worksheet Entries', show...
The following financial statements and additional information
are reported.
IKIBAN INC.
Comparative Balance Sheets
June 30, 2019 and 2018
2019
2018
Assets
Cash
$
74,900
$
65,000
Accounts receivable, net
96,500
72,000
Inventory
84,800
118,000
Prepaid expenses
6,500
9,600
Total current assets
262,700
264,600
Equipment
145,000
136,000
Accum. depreciation—Equipment
(37,500
)
(19,500
)
Total assets
$
370,200
$
381,100
Liabilities and Equity
Accounts payable
$
46,000
$
61,500
Wages payable
8,100
19,200
Income taxes payable
5,500
8,000
Total current liabilities...
NEED ANSWER ASAP. NEED NEW ORIGINAL ANSWER NEVER USED
BEFORE
The Procter & Gamble Company (P&G) The financial
statements of P&G are presented in Appendix (thats below). The
company’s complete annual report, including the notes to the
financial statements, is available online. Instructions Refer to
P&G’s financial statements and the related information in the
annual report to answer the following questions.
(a) What alternative formats could P&G have adopted for
its balance sheet? Which format did it adopt?
(b) Identify...
The following financial statements and additional information are reported. 2018 IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 77,900 Accounts receivable, net 89,000 Inventory 79,800 Prepaid expenses 6,000 Total current assets 252,700 Equipment 140,000 Accum. depreciation-Equipment (35,000) Total assets $357,700 Liabilities and Equity Accounts payable $ 41,000 Wages payable 7,600 Income taxes payable 5,000 Total current liabilities 53,600 Notes payable (long term) 33,200 Total liabilities 86,800 Equity Common stock, $5 par value 252,000 Retained...
Booster Company is preparing its financial statements for the
year ended June 30, 2018. The financial statements are complete
except for the statement of cash flows. You have been asked to
prepare a statement of cash flows for the year ended June 30,
2017.
Download the Excel spreadsheet Booster Company A1.
Required:
Prepare a spreadsheet to support a statement of cash flows for
the year ended June 30, 2018.
In the Excel Worksheet column named ‘Worksheet
Entries’, show under Debit...
The following financial statements and additional information are reported. 2018 IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 Assets Cash $ 84,500 Accounts receivable, net 72,500 Inventory 68,800 Prepaid expenses 4,900 Total current assets 230, 700 Equipment 129,000 Accum. depreciation-Equipment (29,500) Total assets $330, 200 Liabilities and Equity Accounts payable $ 30,000 Wages payable 6,500 Income taxes payable 3,900 Total current liabilities 40, 400 Notes payable (long term) 31,000 Total liabilities 71,400 Equity Common stock, $5 par...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 75,500 95,000 83,800 6,400 260,700 144,000 (37,000) $367,700 $ 64,000 71,000 116,500 9,400 260,900 135,000 (19,000) $376,900 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $ 106,300 68,000 65,800 4,600 244,700 126,000 (28,000) $342,700 $ 46,000 53,000 89,500 5,800 194,300 117,000 (10,000) $301,300 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value...
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