Using the information below, calculate net cash flows from operating activities: Net income Receive cash from issuing stock Pay cash for equipment Increase in accounts receivable Depreciation expense Increase in accounts payable Receive cash from sale of land Pay cash dividends $120,000 80,000 90,000 10,000 30,000 5,000 75,000 20,000

Using the information below, calculate net cash flows from operating activities: Net income Receive cash from issuing stock Pay cash for equipment Increase in accounts receivable Depreciation expense Increase in accounts payable Receive cash from sale of land Pay cash dividends $120,000 80,000 90,000 10,000 30,000 5,000 75,000 20,000

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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Free cash flow Dillin Inc. reported the following on the company’s statement of cash flows in 20Y2 and 20Y1: Line Item Description 20Y2 20Y1 Net cash flows from operating activities $520,000 $485,000 Net cash flows used for investing activities (432,000) (394,000) Net cash flows used for financing activities (42,000) (58,800) Of the net cash flows used for investing activities, 60% was used for the purchase of property, plant, and equipment. a. Determine Dillin’s free cash flow for both years.
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Based on the following information, compute cash flows from investing activities under GAAP.Cash collections from customers $800Purchase of used equipment 200Depreciation expense 200Sale of investments 450Dividends received 100Interest received 200
Instructions: Based on the following data needed for cash flows preparation, 1) indicate whether each item enumerated is an inflow or and an outflow (outflows are enclosed in parenthesis) in operating, investing and financing activity; 2) compute net cash provided by (used in) operating activities. Items Operating Invesing -200,000 Financing Ex Acquisition of Land Inifal investment by proprietor 200,000 300,000 300,000 1Payment of rental 2 Cash received from services rendered 3 Investment by owner 4 Payment of utilifies expense 120,000 50,000 25,000 65,000 90,000 100,000 2,500 5 Collecfion from customer's accounts 6 Proceeds from sale of equipment 7 Remitance of withholding tax 8 Withdrawal by owner 9Purchase of equipment 10 Proceeds from a bank loan 11 Purchase of supplies 12 Payment of taxes and licenses 13 Remitance of SSS and Philhealh premiums 15,000 5,000 100,000 25,000 10,000 and contributions 14 Payment of accounts to suppliers 15 Addifonal investment by the owner Net Cash…
Use the information below (in millions) to determine net cash inflows (outflows) from operating activities. Cash received from: Customers $ 3,000 Interest on investments 280 Sale of land 180 Sale of its own common stock 760 Issuance of debt securities 2,800 Cash paid for: Interest on debt $ 380 Income tax 160 Debt principal reduction 2,300 Purchase of equipment 5,600 Purchase of inventory 1,800 Dividends on its common stock 440 Operating expenses 660
Calculate the net income and cash flows from operating activities and accruals for each of the following scenarios: a. Net income $300; accruals $100 b. Net income $800; accruals $-200 c. Cash flows from operating activities $600; net income $300 d. Cash flows from operating activities $400; net income $600 e. Cash flows from operating activities $300; accruals $-200 f. Cash flows from operating activities $700; accruals $400
Using the indirect method, calculate the amount of cash flows from operating activities from the following data. Net income $150,000 Beginning accounts receivable 20,000 Ending accounts receivable 25,000 Beginning prepaid insurance 5,000 Ending prepaid insurance 2,000 Beginning accounts payable 15,000 Ending accounts payable 12,000 Depreciation expense 50,000 Amortization of intangible asset 6,000 Dividends declared and paid 11,000 Cash flows from operating activities $ %24
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Use the following excerpts from Nutmeg Company's financial records to determine net cash flows from operating activities and net cash flows from investing activities. Net income this year Purchased land this year Sold investments this year Original cost of investments that were sold $83,700 20,000 31,500 33,000 PLEASE NOTE: All whole dollar amounts will be with "$" and commas as needed (i.e. $12,345). Net cash flows from operating activities Net cash flows from investing activities
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What is the operating cash flow? The capital spending? The change is net working capital? The cash flow from asset?