Bad Brad's BBQ had cash flows for the year as follows ($ in millions): Cash received from: Customers Interest on investments Sale of land Sale of common stock Issuance of debt securities Cash paid for: $2,900 260 120 550 2,400 Interest on debt Income taxes Debt principal reduction Purchase of equipment Purchase of inventory Dividends on common stock Operating expenses Bad Brad's would report net cash inflows (outflows) from investing activities in the amount of: $340 90 1,500 4,100 850 200 550

Bad Brad's BBQ had cash flows for the year as follows ($ in millions): Cash received from: Customers Interest on investments Sale of land Sale of common stock Issuance of debt securities Cash paid for: $2,900 260 120 550 2,400 Interest on debt Income taxes Debt principal reduction Purchase of equipment Purchase of inventory Dividends on common stock Operating expenses Bad Brad's would report net cash inflows (outflows) from investing activities in the amount of: $340 90 1,500 4,100 850 200 550

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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Use the information below (in millions) to determine net cash inflows (outflows) from operating activities. Cash received from: Customers $ 3,000 Interest on investments 280 Sale of land 180 Sale of its own common stock 760 Issuance of debt securities 2,800 Cash paid for: Interest on debt $ 380 Income tax 160 Debt principal reduction 2,300 Purchase of equipment 5,600 Purchase of inventory 1,800 Dividends on its common stock 440 Operating expenses 660
Bad Brad's BBQ had cash flows for the year as follows ($ in millions): Cash received from: Customers $3,100 Interest on investments 220 Sale of land 120 Sale of common stock 510 Issuance of debt securities 2,700 Cash paid for: Interest on debt $ 350 Income taxes 80 Debt principal reduction 1,650 Purchase of equipment 3,200 Purchase of inventory 700 Dividends on common stock 250 Operating expenses 600 Bad Brad's would report net cash inflows (outflows) from financing activities in the amount of:
Using the given above, compute for the net cash flow generated by/used in a) Operating Activities b) Investing Activities c) Financing Activities
Emma’s balance sheet showed an accounts receivable balance of $75 000 at the beginning of the year and $97 000 at the end of the year. Emma reported sales of $1 150 000 on her income statement. REQUIRED: Using the direct method, determine the amount that Emma will report as cash collections in the operating activities section of the statement of cash flows.
Using the information given below calculate the cash flow from financing for Year 2. Year 1 Year 2 Cash 10.0 20.0 Receivables 30.0 35.0 Net property plant and equipment 50.0 60.0 Total assets 90.0 115.0 Payables 10.0 20.0 Debt 30.0 10.0 Common stock 5.0 15.0 Retained earnings 45.0 70.0 Total liabilities and equity 90.0 115.0 Net income 32.0 48.0 Select one: (53.0) (33.0) 13.0 (13.0)
Subject:
PRINCESS Company provided the following information for the year ended December . 2018: 600,000 225,000 1,125,000 Cash payment to employees Interest payment on bank loan Cash payment for equipment Cash dividends paid Incerest received Cash payment to suppliers Cash dividends recerved Income tax paid Cash collections from customers 300,000 75,000 1,500,000 225,000 150,000 4,500,000 Requited: Compute the net cash provided by operating activities.
Using the information in the table below (note that the balance sheet accounts listed below are the only items on the company's balance sheet for each year and the income statement accounts are the only items on the company's income statement for each year), what did this company report as Cash flow from Operating Activities on its 2021 statement of cash flows? Account Accounts payable Accounts receivable Accruals Additional paid in capital Cash Common Stock COGS Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable. O Operating expenses (excl. depr.) Retained earnings Sales Taxes 1) 57,780 2) 53,480 3) 54,780 4) 56,480 5) 55,080 2020 34,400 35,800 20,840 36,000 50,400 8,000 151,640 10,000 20,000 20,780 30,240 209,700 17,600 93,960 169,600 322,000 13,200 2021 33,200 30,960 22,840 38,800 46,840 10,000 165,920 17,600 24,000 21,560 ? 247,680 15,600 102,960 192,800 359,200 16,400
If a gain of $8,077 is realized in selling (for cash) office equipment having a book value of $59,041, the total amount reported in the investing activities section of the statement of cash flows is?
If a gain of $8,081 is realized in selling (for cash) office equipment having a book value of $62,903, the total amount reported in the cash flows from investing activities section of the statement of cash flows is:
Based on the following information, compute cash flows from financing activities under GAAP.Purchase of investments $ 250Dividends paid 1,200Interest paid 400Additional borrowing from bank 2,800
n Year 1, Expert Electronics, Incorporated (EEI) recognized $6,500 of sales revenue on account and collected $3,900 of cash from accounts receivable. Further, EEI recognized $2,700 of operating expenses on account and paid $1,600 cash as partial settlement of accounts payable.RequiredBased on this information alone:a. Prepare the operating activities section of the statement of cash flows under the direct method. b. Prepare the operating activities section of the statement of cash flows under the indirect method.