review the change in one item for each of the key parts of the statement (Operations, Investing, Financing). Very briefly explain what may have occurred in one items from each of the key activities (Operating, Investing, and Financing) during Year 7. Šunbeam CorporationStatement of Cash Flows(amounts in millions)(Problem 3.20)Year 7Year 6Year 5OPERATIONSNet income (loss)Depreciation and amortizationRestructuring and asset impairment chargesDeferred income taxesOther additionsOther subtractionsIncrease) Decrease in accounts receivableIncrease) Decrease in inventoriesIncrease) Decrease in prepaymentsncrease (Decrease) in accounts payablencrease (Decrease) in other current liabilitiesCash Flow from Operations$ 109.4$(228.3)$ 50.544.238.647.4283.757.8(77.8)25.113.746.210.8(84.6)(84.6)(100.8)(27.1)(13.8)(21.7)(4.5)(11.6)(4.9)(8.8)(9.0)2.7(1.6)14.79.252.8(21.9)$ 14.2(18.4)$ (8.3)$ 81.5NVESTINGFixed assets acquired$ (58.3)$ (75.3)$(140.1)Sale of businesses91.065.3Acquisitions of businessesCash Flow from Investing(.9)$ (76.2)(33.0)$ 32.7$(107.4)FINANCINGncrease (Decrease) in short-term borrowingncrease in long-term debt5.0$ 30.0$ 40.011.5ssue of common stock26.69.29.8Decrease in long-term debtAcquisition of common stockDividendsOther financing transactionsCash Flow from FinancingChange in CashCash-Beginning of year(12.2)(1.8)(5.4)(13.0)(3.4)(3.3)(4)$ 45.2$ (16.8)(3.3).5(.2)$ 16.5$ 40.9$ 27.9$2.011.528.326.3ash-End of Year$ 52.4$ 11.5$ 28.3

A cash flow statement refers to that financial statement that reflects the cash inflows and outflows…

review the change in one item for each of the key parts of the statement (Operations, Investing, Financing). Very briefly explain what may have occurred in one items from each of the key activities (Operating, Investing, and Financing) during Year 7

review the change in one item for each of the key parts of the statement (Operations, Investing, Financing). Very briefly explain what may have occurred in one items from each of the key activities (Operating, Investing, and Financing) during Year 7

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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