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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
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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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 Corporation Statement of Cash Flows (amounts in millions) (Problem 3.20) Year 7 Year 6 Year 5 OPERATIONS Net income (loss) Depreciation and amortization Restructuring and asset impairment charges Deferred income taxes Other additions Other subtractions Increase) Decrease in accounts receivable Increase) Decrease in inventories Increase) Decrease in prepayments ncrease (Decrease) in accounts payable ncrease (Decrease) in other current liabilities Cash Flow from Operations $ 109.4 $(228.3) $ 50.5 44.2 38.6 47.4 283.7 57.8 (77.8) 25.1 13.7 46.2 10.8 (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) 14.7 9.2 52.8 (21.9) $ 14.2 (18.4) $ (8.3) $ 81.5 NVESTING Fixed assets acquired $ (58.3) $ (75.3) $(140.1) Sale of businesses 91.0 65.3 Acquisitions of businesses Cash Flow from Investing (.9) $ (76.2) (33.0) $ 32.7 $(107.4) FINANCING ncrease (Decrease) in short-term borrowing ncrease in long-term debt 5.0 $ 30.0 $ 40.0 11.5 ssue of common stock 26.6 9.2 9.8 Decrease in long-term debt Acquisition of common stock Dividends Other financing transactions Cash Flow from Financing Change in Cash Cash-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 $ 2.0 11.5 28.3 26.3 ash-End of Year $ 52.4 $ 11.5 $ 28.3
Transcribed Image Text:Šunbeam Corporation Statement of Cash Flows (amounts in millions) (Problem 3.20) Year 7 Year 6 Year 5 OPERATIONS Net income (loss) Depreciation and amortization Restructuring and asset impairment charges Deferred income taxes Other additions Other subtractions Increase) Decrease in accounts receivable Increase) Decrease in inventories Increase) Decrease in prepayments ncrease (Decrease) in accounts payable ncrease (Decrease) in other current liabilities Cash Flow from Operations $ 109.4 $(228.3) $ 50.5 44.2 38.6 47.4 283.7 57.8 (77.8) 25.1 13.7 46.2 10.8 (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) 14.7 9.2 52.8 (21.9) $ 14.2 (18.4) $ (8.3) $ 81.5 NVESTING Fixed assets acquired $ (58.3) $ (75.3) $(140.1) Sale of businesses 91.0 65.3 Acquisitions of businesses Cash Flow from Investing (.9) $ (76.2) (33.0) $ 32.7 $(107.4) FINANCING ncrease (Decrease) in short-term borrowing ncrease in long-term debt 5.0 $ 30.0 $ 40.0 11.5 ssue of common stock 26.6 9.2 9.8 Decrease in long-term debt Acquisition of common stock Dividends Other financing transactions Cash Flow from Financing Change in Cash Cash-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 $ 2.0 11.5 28.3 26.3 ash-End of Year $ 52.4 $ 11.5 $ 28.3
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