Reference no: EM131213262
The main purpose of this module is to review the statement of cash flows in more detail.
Is there a difference between direct and indirect methods to make a statement of cash flows? Discuss and note two or three specific differences. Additionally, clearly
- Distinguish between cash flows from operating activities and cash flows from investing activities.
- Compare the statement of cash flows with income statement, using terms of net income and cash at end of the year.
- Which of the two financial statements (income statement and statements of cash flows) is the better one? Explain your reasoning.
- Comment on the differences between Apple's and Samsung's statement of cash flows.
Assignment Expectations
The submission should be 3- to 5-pages and need to include answers to all the questions listed above. Show formula for computations, compare two financial statements, discuss the results, and include references in APA format.
SLP
We're continuing to analyze the same company as in Modules 1, 2, and 3.
Based on additional information added in Modules 2 and 3, please use the information below to make a statement of cash flows.
- The beginning cash balance is $30,000.
- Use the Net Income from Module 2.
- Use depreciation expense of Module 1.
- During the year 14, Inventory increases by $42,500.
- During the year 14, Land increases by $400,000.
- During the year 14, Long-Term Debts increase by $360,000.
- During the year 14, the company made a secondary offering of stock and raised an additional $180,000, which includes $150,000 of Paid-in Capital.
- During the year 14, the company had paid $15,000 in dividends.
Using the Indirect Method, prepare a statement of cash flows for the company in good format and compare two financial statements between the income statement and statement of cash flows. You do not need to include the income statement or balance sheet.
This is a Signature Assignment Expectation for ACC201 Module 4 SLP
There are 2 specific learning outcomes: 1) apply business theories, models, and concepts to guide analysis of problems and situations and 2) utilize data driven analysis in making business decisions.
In this SLP assignment for Module 4, our emphasis will be on understanding the statement of cash flows. You will be summarizing all of what you learned the in the Cases, SLPs and Discussions.
SLP Assignment Expectations
- Create a statement of cash flows and compare cash flows with net income.
- Write 2- to 4-pages, showing computations and discussing the results.
- List supporting references and cite sources.
- Use appropriate writing style (organization, grammar, & spelling - see Writing Guidelines).
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