Based on the short cases on Cash flow preparation, compute the following:1. For the year ended December 31, 2016, the company has a cash balance of P23,000. Theresult of cash flow from operating activities is (P15,000), cash flow from investmentactivities is P8,500 while the cash flow from financing activities is P12,250. How muchis the net changes in cash for 2017? How much is the cash balance as of December2017?2. For the year ended December 31, 2017, the company had an ending cash balance ofP32,000. During the year, the company result of cash flow from investment activities isP7,500 while the cash flow from financing activities was P12,500. The cash balance asof December 31, 2016 is P10,300. How much is the cash flow generated from operatingactivities in 2018?3. For the year ended December 31, 2017, the company had a cash balance of P25,000.Business transactions for 2018 resulted to a cash flow from operating activities of(P12,000), cash flow from investment activities of P10,000 and cash flow from financingactivities of P7,000. How much was the cash balance of the company on December 31,2016?

Net change in cash = operating cashflows + investment activities + financing activities =…

Based on the short cases on Cash flow preparation, compute the following: 1. For the year ended December 31, 2016, the company has a cash balance of P23,000. The result of cash flow from operating activities is (P15,000), cash flow from investment activities is P8,500 while the cash flow from financing activities is P12,250. How much is the net changes in cash for 2017? How much is the cash balance as of December 2017?

Based on the short cases on Cash flow preparation, compute the following: 1. For the year ended December 31, 2016, the company has a cash balance of P23,000. The result of cash flow from operating activities is (P15,000), cash flow from investment activities is P8,500 while the cash flow from financing activities is P12,250. How much is the net changes in cash for 2017? How much is the cash balance as of December 2017?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Part A. Using the numbers from the comparative financial statements, complete a statement of cash flow for the most recent year. Use the indirect format for operating cash flows. Part B. Write a Brief analysis about the company's performance during the last 3 years.
Q. a. Describe the three major activities that are reported in cash flow statement. For the year ended June 30, 2011, net income for Silk Corporation was Rs. 7,400. Depreciation expense was Rs. 2,000. During the year, Accounts Receivable increased by Rs. 4,400, Inventories increased by Rs. 7,000, Prepaid Rent decreased by Rs. 1,400, Accounts Payable increased by Rs. 14,000, Salaries Payable increased by Rs. 1,000, and Income Taxes Payable decreased by Rs. 600. Use the indirect method to prepare a schedule of cash flows from operating activities.
Sh18
What is the operating cash flow in 2018? What is the change of working capital in 2018? What is the capital spending in 2018? What is the free cash flow in 2018？ 5. What is the cash flow to creditors in 2018? f. What is the cash flow to stockholders in 2018?
Flash Technologies plc has raised £14 million in a Series A round with £42 million post- money value and a 2x liquidation preference, and £29 million in a Series B round with a £73 million post-money value and a 2.5x liquidation preference plus seniority over Series A. What will Series A, Series B, and common shareholders receive if the company is sold for £200 million?
In 2021, Usher Sports Shop had cash flows from investing activities of $420,000 and cash flows from financing activities of −$464,000. The balance in the firm’s cash account was $627,000 at the beginning of 2021 and $604,000 at year-end. Calculate Usher Sports Shop’s cash flow from operations for 2021. (Amounts to be deducted should be indicated by a minus sign.) Cash Flow from Operations = $___________
In 2018, Usher Sports Shop had cash flows from investing activities of −$4,384,000 and cash flows from financing activities of −$5,890,000. The balance in the firm’s cash account was $1,617,000 at the beginning of 2018 and $1,746,000 at the end of the year. Calculate Usher Sports Shop’s cash flow from operations for 2018. (Amounts to be deducted should be indicated by a minus sign.)
Cash flow identity. Use the data from the following financial statements in the popup window, . The company paid interest expense of $17,100 for 2017 and had an overall tax rate of 40% for 2017. Verify the cash flow identity: cash flow from assets = cash flow to creditors + cash flow to owners The cash flow from assets is $ 24,380. (Round to the nearest dollar.) The cash flow to creditors is $ (Round to the nearest dollar.)
Calculate the Cash Flows in the Statement of Cash Flows below from the provided Balance sheet and Income Statement BALANCE SHEET (in millions of dollars) INCOME STATEMENT (in millions of dollars) 2015 2014 2015 2014 Assets Net sales $3,000.0 $2,850.0 Cash and equivalents 10 $ 80 Operating costs except depreciation and amortizatio 2,616.2 2,497.0 90.0 100.0 Accounts receiva ble 375 315 Depreciation and amortization $ 283.8 $ 263.0 Inventories 615 415 Earnings before interest and taxes (EBIT) Total current asse ts $ 1,000 $ 810 Less interest 88.0 60.0 $ 195.8 $ 203.0 Net plant and equipment 1,000 870 Earnings before taxes (EBT) $ 2,000 1,680 Total assets Taxes 78.3 81.2 117.5 $ 121.8 Net income Liabilities and Equity Common dividends 57.5 53.0 Addition to re tained earnings Accounts payable $ $ 60 $ 30 60.0 $ 68.8 Accruals 140 130 Notes payable 110 60 Tax rate 40% 40% 310 $ Total current liabilities 220 Long-term bonds 750 580 $ 1,060 $ Total liabilities 800 Common stock (50,000,000…
In 2018 Calvia Corporation had cash receipts of $35,000 and cash disbursments of $20,000. Calvia's ending cash balance at December 31,2018 was $65,000. What was Calvia's beginning cash balance?
During the year, Next Tec Corp. had the following cash flows: receipt from customers, $16,000; receipt from the bank for long-term borrowing, $6,500; payment to suppliers, $6,000; payment of dividends; $1,600, payment to workers, $2,600; and payment for machinery, $10,500. What amount would be reported for net financing cash flows in the statement of cash flows? Multiple Choice $4,900 ($10,500) $6,500 $5,400
Statement of Cash Flows In 2022, Upper Crust had cash flows from investing activities of -$295,000 and cash flows from financing activities of -$168,000. The balance in the firm's cash account was $81,000 at the beginning of 2022 and $123,000 at the end of the year. What was Upper Crust's cash flow from operations for 2022?