in millions) Cash flows from operiting activities (CFO Net mcome Adjustments to reconcile net income to CFO: Depreciation and amortization Deferred income taxes Stock based compensation Increase) decrease in operating assets and liabilities Accounts receivable 2015 2014 $5.800 $3 300 550 360 (580) 10 590 170 (380) (6,900) (1,960) [480) 690 (490) Inventories Other current assets Accounts payable Income taxes payable 410 700 250 140
in millions) Cash flows from operiting activities (CFO Net mcome Adjustments to reconcile net income to CFO: Depreciation and amortization Deferred income taxes Stock based compensation Increase) decrease in operating assets and liabilities Accounts receivable 2015 2014 $5.800 $3 300 550 360 (580) 10 590 170 (380) (6,900) (1,960) [480) 690 (490) Inventories Other current assets Accounts payable Income taxes payable 410 700 250 140
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Topic Video
Question
![A BFIN360 Farah MW11:00 Nabat X
BFIN360 A2 Fall 2021-2022
docs.google.com/forms/d/e/1FAlpQLSdhx7wkRBg-5ysLm-AeX919m2L5FAJztwovAD68WUmoFzSq/formResponse?pli=1
M Paused
Consider the following statement of cash flows for Fattal Group company.
(in millions)
Cash flows from operating activities (CFO):
Net income
Adjustments to reconcile net income to CFO:
Depreciation and amortization
Deferred income taxes
Stock based compensation
(Increase) decrease in operating assets and liabilities
Accounts receivable
2015
2014
$5,800 $3.300
550
360
(580)
170
10
590
(380)
(490)
(6,900) (1,960)
410 (480)
Inventories
Other current assets
Accounts payable
Income taxes payable
Accrued liabilities
700
690
250
170
1090
140
(290)
970
Net CFO
Cash flows from investing activities:
Purchases of property and equipment
Acquisitions
Net cash used by investing activities
Cash flows from financing activities:
Proceeds from common stock sales
Repayment of short-term line of credit
Repayment of long-term debt
Net cash provided by financing activities
Net increase in cash
(740) (750)
(350)
(740) (1,100)
2,000
580
(70)
1,930
(140)
(70)
370
2,280
980
240
Beginning cash balance
Ending cash balance
740
$980
$3.260
10:07 AM
4 O d0) A ENG
22-Dec-2021](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F89205165-92fb-4c09-a090-1661f7e913c0%2F9546287e-d4a8-4837-b77a-d7940314ca0e%2F5nsce79_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A BFIN360 Farah MW11:00 Nabat X
BFIN360 A2 Fall 2021-2022
docs.google.com/forms/d/e/1FAlpQLSdhx7wkRBg-5ysLm-AeX919m2L5FAJztwovAD68WUmoFzSq/formResponse?pli=1
M Paused
Consider the following statement of cash flows for Fattal Group company.
(in millions)
Cash flows from operating activities (CFO):
Net income
Adjustments to reconcile net income to CFO:
Depreciation and amortization
Deferred income taxes
Stock based compensation
(Increase) decrease in operating assets and liabilities
Accounts receivable
2015
2014
$5,800 $3.300
550
360
(580)
170
10
590
(380)
(490)
(6,900) (1,960)
410 (480)
Inventories
Other current assets
Accounts payable
Income taxes payable
Accrued liabilities
700
690
250
170
1090
140
(290)
970
Net CFO
Cash flows from investing activities:
Purchases of property and equipment
Acquisitions
Net cash used by investing activities
Cash flows from financing activities:
Proceeds from common stock sales
Repayment of short-term line of credit
Repayment of long-term debt
Net cash provided by financing activities
Net increase in cash
(740) (750)
(350)
(740) (1,100)
2,000
580
(70)
1,930
(140)
(70)
370
2,280
980
240
Beginning cash balance
Ending cash balance
740
$980
$3.260
10:07 AM
4 O d0) A ENG
22-Dec-2021
![360 A2 Fall 2021-2022
e/1FAlpQLSdhx7wkRBg-5ysLm-AeX919m2L5F4Jxzbwov4D68WUmoFzSg/formResponse?pli=1
1. Using the summary of the analysis approach, what is the total cash inflows for
2014?
O A) $1,090
B) $2,000
C) $1,550
D) $3,090
O E) None of the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F89205165-92fb-4c09-a090-1661f7e913c0%2F9546287e-d4a8-4837-b77a-d7940314ca0e%2Fdeu3ffl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:360 A2 Fall 2021-2022
e/1FAlpQLSdhx7wkRBg-5ysLm-AeX919m2L5F4Jxzbwov4D68WUmoFzSg/formResponse?pli=1
1. Using the summary of the analysis approach, what is the total cash inflows for
2014?
O A) $1,090
B) $2,000
C) $1,550
D) $3,090
O E) None of the above
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education