HOME DEPOT CASH FLOW Fiscal 1985 Fiscal 1984 Fiscal 1983 Feb-86 Feb-85 Feb-84 CASH FLOWS FROM OPERATING ACTIVITIES Net income $8,219,000 $14,122,000 $10,261,000 depreciation $4,376,000 $2,275,000 $903,000 def income taxes $3,612,000 $1,508,000 $713,000 amortization $637,000 $93,000 net gain on sale ($1,317,000) other $180,000 $77,000 $59,000 Increase in a/r ($15,799,000) ($7,170,000) ($1,567,000) increase in inventory ($68,654,000) ($25,334,000) ($41,137,000) increase in prepaids ($587,000) ($1,206,000) ($227,000) increase in a/p $21,525,000 $10,505,000 $17,150,000 change in accrued salary $1,578,000 ($93,000) $2,524,000 increase in other accrued items $3,736,000 $2,824,000 $341,000 change in tax payable ($626,000) ($657,000) $406,000 cash flow from operations ($43,120,000) ($3,056,000) ($10,574,000) ($56,750,000) CASH FLOWS FROM INVESTING ACTIVITIES sale of property $9,469,000 $861,000 $3,000 $10,333,000 additions to property ($99,767,000) ($50,769,000) ($16,081,000) ($166,617,000) Bowater acquisition ($3,902,000) ($3,902,000) goodwill ($25,291,000) ($25,291,000) other ($1,728,000) ($2,554,000) ($252,000) ($4,534,000) cash flow -investing activities ($92,026,000) ($81,655,000) ($16,330,000) CASH FLOWS FROM FINANCING ACTIVITIES long term borrowing $92,400,000 $120,350,000 $4,200,000 $216,950,000 repayments of debt ($10,399,000) ($6,792,000) ($52,000) ($17,243,000) sale of common stock $659,000 $814,000 $36,663,000 $38,136,000 current portion of debt $10,095,000 $233,000 $10,000 $10,338,000 cash flow -financing activities $92,755,000 $114,605,000 $40,821,000 Net change in cash ($42,391,000) $29,894,000 $13,917,000 $1,420,000 Complete an analysis of the cash flow statement presented. We recommend you use either the scan or source/use methods. The negative cash flow from operations for the three years eliminates the ratio method
HOME DEPOT CASH FLOW Fiscal 1985 Fiscal 1984 Fiscal 1983 Feb-86 Feb-85 Feb-84 CASH FLOWS FROM OPERATING ACTIVITIES Net income $8,219,000 $14,122,000 $10,261,000 depreciation $4,376,000 $2,275,000 $903,000 def income taxes $3,612,000 $1,508,000 $713,000 amortization $637,000 $93,000 net gain on sale ($1,317,000) other $180,000 $77,000 $59,000 Increase in a/r ($15,799,000) ($7,170,000) ($1,567,000) increase in inventory ($68,654,000) ($25,334,000) ($41,137,000) increase in prepaids ($587,000) ($1,206,000) ($227,000) increase in a/p $21,525,000 $10,505,000 $17,150,000 change in accrued salary $1,578,000 ($93,000) $2,524,000 increase in other accrued items $3,736,000 $2,824,000 $341,000 change in tax payable ($626,000) ($657,000) $406,000 cash flow from operations ($43,120,000) ($3,056,000) ($10,574,000) ($56,750,000) CASH FLOWS FROM INVESTING ACTIVITIES sale of property $9,469,000 $861,000 $3,000 $10,333,000 additions to property ($99,767,000) ($50,769,000) ($16,081,000) ($166,617,000) Bowater acquisition ($3,902,000) ($3,902,000) goodwill ($25,291,000) ($25,291,000) other ($1,728,000) ($2,554,000) ($252,000) ($4,534,000) cash flow -investing activities ($92,026,000) ($81,655,000) ($16,330,000) CASH FLOWS FROM FINANCING ACTIVITIES long term borrowing $92,400,000 $120,350,000 $4,200,000 $216,950,000 repayments of debt ($10,399,000) ($6,792,000) ($52,000) ($17,243,000) sale of common stock $659,000 $814,000 $36,663,000 $38,136,000 current portion of debt $10,095,000 $233,000 $10,000 $10,338,000 cash flow -financing activities $92,755,000 $114,605,000 $40,821,000 Net change in cash ($42,391,000) $29,894,000 $13,917,000 $1,420,000 Complete an analysis of the cash flow statement presented. We recommend you use either the scan or source/use methods. The negative cash flow from operations for the three years eliminates the ratio method
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
HOME DEPOT CASH FLOW | ||||
Fiscal 1985 | Fiscal 1984 | Fiscal 1983 | ||
Feb-86 | Feb-85 | Feb-84 | ||
Net income | $8,219,000 | $14,122,000 | $10,261,000 | |
|
$4,376,000 | $2,275,000 | $903,000 | |
def income taxes | $3,612,000 | $1,508,000 | $713,000 | |
amortization | $637,000 | $93,000 | ||
net gain on sale | ($1,317,000) | |||
other | $180,000 | $77,000 | $59,000 | |
Increase in a/r | ($15,799,000) | ($7,170,000) | ($1,567,000) | |
increase in inventory | ($68,654,000) | ($25,334,000) | ($41,137,000) | |
increase in prepaids | ($587,000) | ($1,206,000) | ($227,000) | |
increase in a/p | $21,525,000 | $10,505,000 | $17,150,000 | |
change in accrued salary | $1,578,000 | ($93,000) | $2,524,000 | |
increase in other accrued items | $3,736,000 | $2,824,000 | $341,000 | |
change in tax payable | ($626,000) | ($657,000) | $406,000 | |
cash flow from operations | ($43,120,000) | ($3,056,000) | ($10,574,000) | ($56,750,000) |
CASH FLOWS FROM INVESTING ACTIVITIES | ||||
sale of property | $9,469,000 | $861,000 | $3,000 | $10,333,000 |
additions to property | ($99,767,000) | ($50,769,000) | ($16,081,000) | ($166,617,000) |
Bowater acquisition | ($3,902,000) | ($3,902,000) | ||
|
($25,291,000) | ($25,291,000) | ||
other | ($1,728,000) | ($2,554,000) | ($252,000) | ($4,534,000) |
cash flow -investing activities | ($92,026,000) | ($81,655,000) | ($16,330,000) | |
CASH FLOWS FROM FINANCING ACTIVITIES | ||||
long term borrowing | $92,400,000 | $120,350,000 | $4,200,000 | $216,950,000 |
repayments of debt | ($10,399,000) | ($6,792,000) | ($52,000) | ($17,243,000) |
sale of common stock | $659,000 | $814,000 | $36,663,000 | $38,136,000 |
current portion of debt | $10,095,000 | $233,000 | $10,000 | $10,338,000 |
cash flow -financing activities | $92,755,000 | $114,605,000 | $40,821,000 | |
Net change in cash | ($42,391,000) | $29,894,000 | $13,917,000 | $1,420,000 |
Complete an analysis of the cash flow statement presented. We recommend you use either the scan or source/use methods. The negative cash flow from operations for the three years eliminates the ratio method
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