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
Homework Answers
This problem depends upon, which kind of cash flows company has earned and it's implications on the cash Balance.
Cash Flow from Operating Activities.
This means that company has generated Cash Inflow of 130 Mn from operating activities which Include Profit generated during normal course of business, Non cash expenses, adjustments to working capital are added to Profit figures before arriving to Cash flow from operations.
Cash Flow from Investing Activities
This means that company has invested (343) Mn, has had cash outflow. It means that company has invested money in long term assets which are required to conduct business. Which include Investment in Plant & Machinery, Property etc.
Cash Flow from Financing activities
This means that company has generated cash inflow from financing activities of 119 Mn. It means that company has taken Long/Short term financing to conduct business activities.
Note: - sign indicates outflow and +ve Sign indicates Inflow. Only investing cash flow has (-) sign, it means investing activities have a outflow.
Below statement shows the cash flow reduction.
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KRJ Company’s statement of cash flows reported cash from
operating activities of $130 million, cash flow...
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