Hy9vKm0jUnAg/formResponse?plis1Consider the following statement of cash flows for Chicken Fil-A company.(in thousands)Cash flows from operating activities (CFO):20202019Net incomeAdjustments to reconcile net income to CFO:$8,100$6,800Depreciation and amortization3,1001,600Deferred income taxesOther non-cash items900700(600)(700)(Increase) decrease in operating assets and liabilities:Accounts receivable(7,800) (2,300)(2,100)(900)(1,300)Inventories1,700Other current assets2,000Accounts payableIncome taxes payableAccrued liabilities4,100(800)4001,700700Net CFO1,50013.800Cash flows from investing activities:Purchases of property and equipmentNet cash used by investing activitiesCash flows from financing activities:Proceeds from common stock sales(800)(800)(1,200)(1,200)4,600(1,100)(3,300)4,700100Proceeds (repayments) of short-term debtRepayment of long-term debtNet cash provided by financing activities(200)4.6005,30020012,800Net increase in cash30,60017.800Beginning cash balanceEnding cash balance$35.900 $30.60011:13 AMA E D d0) ENG22-Dec-2021Lein Proceeds from common stock salesProceeds (repayments) of short-term debtRepayment of long-term debtNet cash provided by financing activitiesNet increase in cash4,7004,600100(1,100)(200)(3,300)4.600 2005,300 12,80030 600 17,800$35 900 $30 60Beginning cash balanceEnding cash balance1. Using the summary of the analysis approach, what is the total cash inflows for2019? *O A) $6,300O B) $1,000O C) $18,400D) $5,600E) None of the above2. Using the summary of the analysis approach, what is the total cash outflows

Name: Hy9vKm0jUnAg/formResponse?plis1Consider the following statement of ca
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Description: Hy9vKm0jUnAg/formResponse?plis1Consider the following statement of cash flows for Chicken Fil-A company.(in thousands)Cash flows from operating activities (CFO):20202019Net incomeAdjustments to reconcile net income to CFO:$8,100$6,800Depreciation an

Ans- Option C - $ 18400 Working Total Cash Inflows for 2019 = Cash inflow from Operating activities…

Business

Accounting

Consider the following statement of cash flows for Chicken Fil-A company. (in thousands) Cash flows from operating activities (CFO): 2020 2019 Net income $8,100 $6,800 Adjustments to reconcile net income to CFO: Depreciation and amortization 3,100 1,600 Deferred income taxes 900 700 Other non-cash items (600) (700) (Increase) decrease in operating assets and liabilities: Accounts receivable (7,800) (2,300) Inventories (2,100) 1,700 (900) (1,300) 2,000 4,100 (800) Other current assets Accounts payable 400

Consider the following statement of cash flows for Chicken Fil-A company. (in thousands) Cash flows from operating activities (CFO): 2020 2019 Net income $8,100 $6,800 Adjustments to reconcile net income to CFO: Depreciation and amortization 3,100 1,600 Deferred income taxes 900 700 Other non-cash items (600) (700) (Increase) decrease in operating assets and liabilities: Accounts receivable (7,800) (2,300) Inventories (2,100) 1,700 (900) (1,300) 2,000 4,100 (800) Other current assets Accounts payable 400

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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