Receivable increase by £15,000 and payables increase by £11,000. The effect on cash flow of the...
Receivable increase by £15,000 and payables increase by £11,000. The effect on cash flow of the Statement of Cash Flow is a (an):
Homework Answers
|
Increase in Accounts receivables |
$ (15,000.00) |
|
Increase in accounts payables |
$ 11,000.00 |
|
Effect on cash flow |
$ (4,000.00) |
Effect on cash flow= Decrease in cash by $4000
.
Increase in Current assets means cash in stuck in asset and it decreases cash balance. Increase in current liability on the other hand means cash is not paid for an expense and will be paid in future , this deferment increases cash balance .
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Receivable increase by £15,000 and payables increase by £11,000. The effect on cash flow of the...
Chapter 14 Practice Test Question 04 Statement of Cash Flows Given the following cash flow items...
Chapter 14 Practice Test Question 04 Statement of Cash Flows Given the following cash flow items find cash provided by operations. Net income $9,500 (mill) Gross investment in tangible $ 1,700 assets Dividends $ 1,700 Depreciation $ 1,000 Increase in receivables $2,400 Increase in payables $ 1,700 Additions to long term debt $ 4,100 Reduction in short term debt $ 1,200 $8,600 $8,100 $11,000 Chapter 14 Practice Test Question 05 Statement of Cash Flows Given the following cash flow items...
Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable $100,000 10,000 30,000 15,000...
Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable $100,000 10,000 30,000 15,000 11. Based on the above information, what amount will the corporation report as Cash Provided by Operating Activities on the cash flow statement? A. $65,000 B. $125,000 C$155,000 D. $100,000 I Net Income Depreciation expense Gain on sale of truck Proceeds from sale of truck Decrease in accounts receivable $200,000 30,000 5,000 8,000 10,000 12. Assuming these are the only facts, what amount will...
Brief Exercise 11-31 (Algorithmic) Determining Net Cash Flow from Operating Activities Burch Company reported the following...
Brief Exercise 11-31 (Algorithmic) Determining Net Cash Flow from Operating Activities Burch Company reported the following items in its statement of financial position and statement of earnings information: decrease in cash account, $5,000; increase in accounts receivable, $15,000, increase in inventory, $13,000; decrease in accounts payable, $11,000; increase in income taxes payable, $6,000; net income, $36,000; depreciation expense, $17,000 Required: Compute the net cash flows from operating activities using the indirect method.
a. increase in cash flow from operating activities. b. decrease in cash flow from operating activities....
a. increase in cash flow from operating activities. b. decrease in cash flow from operating activities. C.. increase in cash flow from investing activities. d. decrease in cash flow from investing activities. e. increase in cash flow from financing activities. f. decrease in cash flow from financing activities. g. not a cash flow. 1. Payment on the principal portion of long-term debt 2. Issuance of bonds 3. Increase in accounts receivable 4. Cash dividends declared and not yet paid 5....
Effect of Transactions on Cash Flows State the effect (cash receipt or cash payment and amount)...
Effect of Transactions on Cash Flows State the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $320,000 of bonds, on which there was $3,200 of unamortized discount, for $333,000. b. Sold 7,000 shares of $15 par common stock for $27 per share. C. Sold equipment with a book value of $51,300 for $73,900. d. Purchased land for $436,000 cash. e. Purchased a building by paying $67,000 cash...
Glass Blowers, Inc. has a new project in mind that will increase accounts receivable by $11,000,...
Glass Blowers, Inc. has a new project in mind that will increase accounts receivable by $11,000, decrease accounts payable by $6,000, increase fixed assets by $6,000, decrease inventory by $18,000 and decrease long-term debt by $10,000. What is the amount the firm should use as the initial cash flow attributable to net working capital when it analyzes this project? (Numbers in parentheses are negative) O ($41,000) $1000 O ($9000) O ($17,000) ($35,000) Question 2 5 pts Our firm's capital structure...
Accounts payable increase Accounts receivable increase Accrued liabilities decrease Amortization expense Cash balance, January 1 Cash...
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 payable at par Cash received from issuance of common stock Cash received from sale of equipment Depreciation expense Gain on sale of equipment Inventory decrease Net income Prepaid expenses increase Average current liabilities $13,500 6,000 4,500 9,000 33,000 22,500 43.500 135,000 90,000 52,500 25,500 43,500 6,000 19,500...
A company collects cash from a customer to settle an account receivable. What effect does this...
A company collects cash from a customer to settle an account
receivable. What effect does this transaction have on the company's
total assets and total shareholders' equity?
No
effect
Increase
No
effect
No effect
Increase
Increase
Should each section of the cash flow statement show an increase in cash for a healthy...
Should each section of the cash flow statement show an increase in cash for a healthy organization?
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...
Chapter 14 Practice Test Question 04 Statement of Cash Flows Given the following cash flow items find cash provided by operations. Net income $9,500 (mill) Gross investment in tangible $ 1,700 assets Dividends $ 1,700 Depreciation $ 1,000 Increase in receivables $2,400 Increase in payables $ 1,700 Additions to long term debt $ 4,100 Reduction in short term debt $ 1,200 $8,600 $8,100 $11,000 Chapter 14 Practice Test Question 05 Statement of Cash Flows Given the following cash flow items...
Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable $100,000 10,000 30,000 15,000 11. Based on the above information, what amount will the corporation report as Cash Provided by Operating Activities on the cash flow statement? A. $65,000 B. $125,000 C$155,000 D. $100,000 I Net Income Depreciation expense Gain on sale of truck Proceeds from sale of truck Decrease in accounts receivable $200,000 30,000 5,000 8,000 10,000 12. Assuming these are the only facts, what amount will...
Brief Exercise 11-31 (Algorithmic) Determining Net Cash Flow from Operating Activities Burch Company reported the following items in its statement of financial position and statement of earnings information: decrease in cash account, $5,000; increase in accounts receivable, $15,000, increase in inventory, $13,000; decrease in accounts payable, $11,000; increase in income taxes payable, $6,000; net income, $36,000; depreciation expense, $17,000 Required: Compute the net cash flows from operating activities using the indirect method.
a. increase in cash flow from operating activities. b. decrease in cash flow from operating activities. C.. increase in cash flow from investing activities. d. decrease in cash flow from investing activities. e. increase in cash flow from financing activities. f. decrease in cash flow from financing activities. g. not a cash flow. 1. Payment on the principal portion of long-term debt 2. Issuance of bonds 3. Increase in accounts receivable 4. Cash dividends declared and not yet paid 5....
Effect of Transactions on Cash Flows State the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $320,000 of bonds, on which there was $3,200 of unamortized discount, for $333,000. b. Sold 7,000 shares of $15 par common stock for $27 per share. C. Sold equipment with a book value of $51,300 for $73,900. d. Purchased land for $436,000 cash. e. Purchased a building by paying $67,000 cash...
Glass Blowers, Inc. has a new project in mind that will increase accounts receivable by $11,000, decrease accounts payable by $6,000, increase fixed assets by $6,000, decrease inventory by $18,000 and decrease long-term debt by $10,000. What is the amount the firm should use as the initial cash flow attributable to net working capital when it analyzes this project? (Numbers in parentheses are negative) O ($41,000) $1000 O ($9000) O ($17,000) ($35,000) Question 2 5 pts Our firm's capital structure...
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 payable at par Cash received from issuance of common stock Cash received from sale of equipment Depreciation expense Gain on sale of equipment Inventory decrease Net income Prepaid expenses increase Average current liabilities $13,500 6,000 4,500 9,000 33,000 22,500 43.500 135,000 90,000 52,500 25,500 43,500 6,000 19,500...
A company collects cash from a customer to settle an account
receivable. What effect does this transaction have on the company's
total assets and total shareholders' equity?
No
effect
Increase
No
effect
No effect
Increase
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...
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