Reference no: EM132462712
Statement of Cash Flows
Project Description:
Statement of cash flows is the component of a financial statement that summarizes the inward and outward movement of cash in a business. This section captures the inflows and outflows of money generated from operations, investments and financing activities. Cash flows from operations focus on the day-to-day activities such as sales and inventory purchases. Investment cash flows relate to income and expenses generated by long-term projects or programs. The financing cash flows segment tracks changes in the capital composition of the business as occasioned by the sale of shares and distribution of dividends, as well as borrowing and repayment of debt.
To complete this section, answer the following questions using information taken from the 2018 statement of cash flows.
Question 1) What was the ending balance of cash and cash equivalents in 2018 as presented on the Statement of Cash Flows? Does this agree with the ending balance of cash and cash equivalents reported on the 2018 Balance Sheet? Explain any discrepancy.
Question 2) What was the net cash flow from operating activities? How much of this was the result of a net income or net loss? What portion of the cash flows came from depreciation, amortization and other non-cash charges?
Question 3) What was the net cash flow from financing activities? Was it an inflow or an outflow of cash?
Question 4) What activity accounted for the largest cash flow from financing activities? Was it an inflow or outflow of cash?
Question 5) What was the cash paid for taxes?
Question 6) What was the cash paid for interest?
Question 7) What was the net cash flow from investing activities? Was it an inflow or an outflow of cash? What percentage of this amount came from the purchases of fixed assets?
How much were goods available for sale
: Speedy company had beginning inventory of $80,000 purchased merchandise during the period for $140,000, and had ending inventory of $95,000.
|
Compute the amount of ABC revenue
: The contract price of $500 million is to be paid. Compute the amount of ABC's revenue, expense, and income for both 2019 and 2020
|
Determine the dollar amount of the total depreciation
: Use this information to determine the dollar amount of the total depreciation that will be contained in Cost of Goods Sold. (Round dollar values)
|
What was the issue price on January
: PowerTap Utilities is planning to issue bonds with a face value of $2,000,000 and a coupon rate of 10 percent. What was the issue price on January
|
What was the cash paid for taxes
: What was the net cash flow from operating activities? How much of this was the result of a net income or net loss? What portion of the cash flows
|
Determine the stock issue activity
: Determine the Stock Issue Activity,Goofy Company issued 1,000 shares of $10 par common stock for $20,000.,Goofy Company issued an additional 2,000 shares
|
What is the impact on profits of accepting special order
: Great Oaks Farm grows organic vegetables and sells them to local restaurants after processing. What is the impact on profits of accepting special order
|
Determine target manufactures paper products
: Calculate what losses will be available in Target after he acquires it and explain the future deductibility of those losses after the purchase.
|
What is the balance in the Equity Investment account
: On January 1, 2020, AMC Co. paid $200,000 for a 40% interest in Allen Industries. What is the balance in the Equity Investment account at December 31, 2021
|