Conversely, what expenses are shown on your cash flow statement and not in your P&L? Why...
Conversely, what expenses are shown on your cash flow statement and not in your P&L? Why are they different?
Homework Answers
Answer:- The cash Flow Statement is the statement that records the transactions that bring a change in Cash and cash equivalents of the entity whereas the profit and loss account states the profitability during a period in consideration by accommodating all the incomes whether received in cash or accrued and all the expenses relating to a particular period.
It is clear from the above that Cash flow statement only considers transactions that affect the cash of entity and P&L consider all transaction relating to a particular period.
Following are the Expenses that are shown in Cash flow Statement and not in P&L account:-
1. Inflows and outflows from Sale and Purchase of fixed assets.
2. Cash Received from Debtors.
3. Cash payment to Creditors.
4. Income tax
5. Issue of share in Cash.
6. Proceeds from Long term Borrowings.
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Conversely, what expenses are shown on your cash flow statement
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What expenses are reflected on the P&L and not in your cash flow analysis?
How do I calculate the Operating Expenses on Cash Flow Statement? METRO MEATS LTD P&L statement for 2015 METRO MEATS...
How do I calculate the Operating Expenses on Cash Flow
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Outline the differences between of a cash flow statement and a cash budget and explain why...
Outline the differences between of a cash flow statement and a cash budget and explain why a cash flow statement is important to the shareholders. Give reasons to support your answer.
Agree or Disagree, and Why? The cash flow statement is an interesting report that I understand...
Agree or Disagree, and Why? The cash flow statement is an interesting report that I understand through the years I have been doing business school, but I really never knew how to analyze it compared to other financial factors. The core purposes of the statement to see if a company can handle to their monthly bills, pay dividends, and avoid bankruptcy. Cash flow is broken up into operating activities, investment activities, and financing activities. I was interested to see all...
ll. Cash Flow Statement-indirect method (25%) Shown below is information from the financial statements of Chapin...
ll. Cash Flow Statement-indirect method (25%) Shown below is information from the financial statements of Chapin Company for 2018 Beginning End of Year of Year 98,000 Accounts receivable nventory Prepaid expenses 106,000 $120,000 105,000 31,000 74,000 9,000 Accounts payable (for merchandise) Accrued liabilities Net sales 70,000 $28,000 30,000 8,000 t of goods sold Expenses (including depreciation of $43,000) 18,000 58,000 (a) On the basis of the above information, prepare a partial statement of cash lows, showing the computation of net...
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Statement of Cash flow :- 1) What does a Cash flow statement depict? What does it...
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1. What is the cash flow statement and why is it an important consideration to both...
1. What is the cash flow statement and why is it an important consideration to both the management, investors and creditors? 2. What is important difference about the purchase of plant and equipment in comparison to the purchase of inventory and other assets with the same characteristics?
Why might an investor say that the statement of cash flow is the most important financial...
Why might an investor say that the statement of cash flow is the most important financial statement? What are the 3 main activities found on the statement of cash flows? How would you describe these in your own words? Give examples of items found in each section.
How do I calculate the Operating Expenses on Cash Flow
Statement?
METRO MEATS LTD P&L statement for 2015 METRO MEATS LTD Statement of Financial Position as at 31 December Sales revenue 250,000 Cost of sales 2015 2014 Assets 210,000 Cash Accounts receivable Gross profit 29,000 $ 15,000 40,000 28,000 14,000 Less: Inventories Selling expenses 18,000 25,000 35,000 Property, plant & equipment Accumulated depreciation Administrative expenses 6,000 60,000 78,000 (20,000) 122,000 $ (24,000) 2,000 Interest Total Income taxes 4,000 118,000 30,000...
ll. Cash Flow Statement-indirect method (25%) Shown below is information from the financial statements of Chapin Company for 2018 Beginning End of Year of Year 98,000 Accounts receivable nventory Prepaid expenses 106,000 $120,000 105,000 31,000 74,000 9,000 Accounts payable (for merchandise) Accrued liabilities Net sales 70,000 $28,000 30,000 8,000 t of goods sold Expenses (including depreciation of $43,000) 18,000 58,000 (a) On the basis of the above information, prepare a partial statement of cash lows, showing the computation of net...
Nt . Cash Flow Statement-indirect method (25%) Shown below is information from the financial statements of Taurus Corporation for 2018: End of Beginning of Year 201,000$221,000 249,000 $233,000 12,000 177,000 25,500 Year Accounts receivable Inventory Short-term prepayments Accounts payable (for merchandise) Accrued operating expenses payable Accrued income taxes payable Net sales $9,500 $170,000 $33,200 15,500 $12,600 $801,000 $465,000 Cost of goods sold perating expenses (including depreciation of $40,000) Income taxes expense $39,000 (a) On the basis of the above information,...
Why might an investor say that the statement of cash flow is the most important financial statement? What are the 3 main activities found on the statement of cash flows? How would you describe these in your own words? Give examples of items found in each section.
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