b) Evaluate the cash position of ITC limited for the year ending March 31, 2022, relative to March 31,following annexure of the company's cash flow statement.ParticularsNet Cash from Operating ActivitiesNet Cash from/(used in) Investing activities31.3.2022(in Crores)31.3.2021(in Crores)14807.79(1517.06)11493.86Net Cash used in Financing Activities(13337.03)6497.89(18378.89)Net decrease in Cash and Cash equivalentsOpening balance of Cash and Cash equivalentsCash and Cash equivalents acquired on businesscombination(46.3)231.28(387.14)561.3557.07The closing value of Cash and Cash equivalents184.98231.28

The cash flow statement provides information about a company's cash receipts and cash payments…

Answered: b) Evaluate the cash position of ITC…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Net Cash Flow from Operating Activities Hyde Company's records for 2019 provide the following information: a. amortization of premium on bonds payable, $700 b. purchase of equipment, $6,000 c. depreciation expense, $7,300 d. decrease in accounts receivable, $900 e. decrease in accounts payable, $2,700 f. issuance of long-term note for cash, $4,200 g. increase in inventories, $7,600 Required: h. i. j. HYDE COMPANY Statement of Cash Flows (Partial) For Year Ended December 31, 2019 k. I. m. gain on sale of land, $7,800 increase in prepaid assets, $600 declaration and payment of cash dividends, $1,800 increase in wages payable, $600 patent amortization expense, $1,000 net income, $10,400 Prepare the operating activities section of the 2019 statement of cash flows for Hyde Company using the indirect method. Use a minus sign to indicate cash outflows, a decrease in cash or cash payments.
Portions of the financial statements for Alliance Technologies are provided bel ALLIANCE TECHNOLOGIES Income Statement For the year ended December 31, 2021 Net sales $375,000 Expenses: Cost of goods sold Operating expenses Depreciation expense Income tax expense Total expenses $220,000 67,000 16,700 25,500 329, 200 $ 45,800 Net income ALLIANCE TECHNOLOGIES Selected Balance Sheet Data December 31, 2021, compared to December 31, 2020 Decrease in accounts receivable Increase in inventory Decrease in prepaid rent Increase in salaries payable Decrease in accounts payable Increase in income tax payable $ 6,700 13,700 9,700 5,700 8,700 22,800
Use the following information from Dubuque Company’s financial statements to prepare the operating activities section of the statement of cash flows (indirect method) for the year 2018.
Highlight the Net cash provided by Operating Activities for the Statement of Cash Flows Highlight the Net cash provided by Financing Activities for the Statement of Cash Flows Highlight the net change in cash for the period on the Statement of Cash Flows
g) Did the firm use the working capital (current asset and current liability) accountsother than cash and cash equivalents as sources of cash, or uses of cash? (Answerthis question using only the Cash flow statement for BHP Limited).
You have been asked to prepare the statement of cash flows for Neo Ltd for the year ended 30 November 2021. The most recent income statement and statement of financial position (with comparatives for the previous year) of Neo Ltd are set out below. Neo Ltd – Income Statement for the year ended 30 November 2021 Revenue 104,567 Cost of sales (71,358) Gross profit 33,209 Profit on disposal of property, plant and equipment 106 33,315 Distribution costs (12,789) Administrative expenses (16,371) Profit from operations 4,155 Finance costs (608) Profit before tax 3,547 Тах (726) Profit for the period 2,821
Given the following data from company def, using the direct method of cash flows the company would have determined its cash inflow to be: $30,000.00 Accounts receivable, at 12/31/2018 $20,000.00 Accounts receivable, at 12/31/2019 $507,000.00 Sales for year 2019 $357,000.00 Gross Profit A) 497,000 B) 367,000 C) 347,000 D) 517,000
Kindly can you assist with the attached question, info all attached. thanks
Compute KLT's net cash provided by operating activities-indirect method. Complete the partial Statement of Cash Flows. (Use a minus sign or parentheses for amounts that result in a decrease in cash.) KLT Equipment, Inc. Statement of Cash Flows (Partial) Year Ended December 31, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Net Cash Provided by (Used for) Operating Activities
Given the financial data for New Electronic World, Inc. (NEW), compute the following measures of cash flows for the NEW for the year ended December 31, 2021 Required: Compute for the operating cash flow Compute for the free cash flow
Please help.
How would you prepare a statement of Cash Flows using the following information? Maple Group Ltd Comparative Balance Sheet December 31, 2020 and 2019 2020 2019 Increase/Decrease Assets Cash and cash Equivalent $ 51,500.00 $ 45,400.00 $ 6,100.00 Accounts Receivable $ 51,100.00 $ 61,400.00 $ 10,000.00 Inventories $ 61,400.00 $ 51,900.00 $ 9,500.00 Fixed Assets, net $ 160,000.00 $ 110,000.00 $ 50,000.00 Total Assets $ 324,000.00 $ 268,700.00 $ 55,600.00 Liabilities Accounts Payable $ 35,450.00 $ 27,800.00 $ 7,650.00 Accrued liabilities $ 31,000.00 $ 37,550.00 -$ 6,550.00 Long-term notes payable $ 60,000.00 $ 78,540.00 -$ 18,540.00 Stockholders Equity: Common Stock $ 143,050.00 $ 105,110.00 $ 37,940.00 Retained Earnings $ 54,800.00 $ 19,700.00 $…

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