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?
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