None XYZ Company reported the following on their statement of cash flows in2016 and 2017:20162017Net Cash flow from operating activities$353,000$374,000Net Cash flow used for investing activities $(287,000) $(276,000)Net cash flow used for financing activities $(54,000) $(46,000)Eighty percent of the net cash flow used for investing activities was usedto replace existing capacity.Required:Calculate their free cash flow for 2016 and 2017.

To calculate the free cash flow (FCF) for 2016 and 2017, we use the formula for FCF: Free Cash…

Answered: XYZ Company reported the following on…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 32BE

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Swasey Company earned net income of 1,800,000 in 20X2. Swasey provided the following information: Required: Compute the financing cash flows for the current year.
A Ltd. Reported the following information on its statement of cashflows: Net cash flow from operating activities Net cash flow from investing activities Net cash flow from financing activities 2021 2020 $280,000 $240,000 ($240,000) ($160,000) ($40,000) ($64,000) It is provided that 78% of the net cashflows used in investing activities were only to replace existing capacity. Determine the amount of free cash flow for 2021 and 2020. Answer Choices: a. Free cash flow for 2021 and 2020 are $92,800 and $115,200, respectively. b. Free cash flow for 2021 and 2020 are Nil and $16,000, respectively. c. Free cash flow for 2021 and 2020 are $61,600 and $52,800, respectively. d. Free cash flow for 2021 and 2020 are $248,800 and $190,080, respectively.
Calculate the Cash Flows in the Statement of Cash Flows below from the provided Balance sheet and Income Statement BALANCE SHEET (in millions of dollars) INCOME STATEMENT (in millions of dollars) 2015 2014 2015 2014 Assets Net sales $3,000.0 $2,850.0 Cash and equivalents 10 $ 80 Operating costs except depreciation and amortizatio 2,616.2 2,497.0 90.0 100.0 Accounts receiva ble 375 315 Depreciation and amortization $ 283.8 $ 263.0 Inventories 615 415 Earnings before interest and taxes (EBIT) Total current asse ts $ 1,000 $ 810 Less interest 88.0 60.0 $ 195.8 $ 203.0 Net plant and equipment 1,000 870 Earnings before taxes (EBT) $ 2,000 1,680 Total assets Taxes 78.3 81.2 117.5 $ 121.8 Net income Liabilities and Equity Common dividends 57.5 53.0 Addition to re tained earnings Accounts payable $ $ 60 $ 30 60.0 $ 68.8 Accruals 140 130 Notes payable 110 60 Tax rate 40% 40% 310 $ Total current liabilities 220 Long-term bonds 750 580 $ 1,060 $ Total liabilities 800 Common stock (50,000,000…
Cash flow from assets. Use the data from the following financial statements in the popup window, LOADING.... The company paid interest expense of $18,000 for 2017 and had an overall tax rate of 40 % 40% for 20172017. Find the cash flow from assets for 20172017, and break it into its three parts: operating cash flow, capital spending, and change in net working capital. Question content area bottom Part 1 The operating cash flow is: $ _______ ?
The following data were taken from the Statement of Cash Flows of Department JKL for the year ended December 31, 2020: Excess of income over expenses 600,000, Depreciation-Machinery P6,000, Increase in accounts payable P40,000, Increase in Due to BIR P6,000, Increase in Due from NGA P55,000, Increase in Office Supplies inventory 25,000. What is the Net Cash Provided by Operating Activities on December 31, 2020?
Given the financial data for New Electronic World, Inc. (NEW), compute the following measures of cash flows for the NEW for the year ended December 31, 2021 Required: Compute for the operating cash flow Compute for the free cash flow
Given the information below, determine the free cash flow for 2014. Income Statement (In Thousands) Sales Operating costs EBITDA Depreciation Earnings before interest and taxes Interest (8%) Earnings before taxes Taxes (40%) Net income Common dividends Balance Sheet (In Thousands) Assets: Cash and marketable securities Accounts receivable Inventories Total current assets Net fixed assets (PP&E) Total assets Liabilities and equity: Accounts payable Notes payable Accruals 2014 $24,800.00 -$14,880.00 $9,920.00 -$920.00 $9,000.00 -$112.00 $8,888.00 $7.840.00 -$3,555.20 -$3,136.00 $5,332.80 $4,704.00 $2,082.00 $2,352.00 2014 2013 $22,000.00 $13,200.00 $8,800.00 -$800.00 $8,000.00 -$160.00 $1,200.00 $5,565.00 $7.440.00 $14,205.00 $9,200.00 $23,405.00 2013 $1,000.00 $5,000.00 $6,000.00 $12,000.00 $8,000.00 $20,000.00 $6,500.00 $6,000.00 $400.00 $1,000.00 $3.254.20 $3,000.00
Observe the following statement: STATEMENT OF CASH FLOW FOR “COUCH POTATO TECHNOLOGIES P/L” For the year ending June 30 2011 2010 $000 2011 $000 Receipts from customers (sales) 350 180 Payments for purchases 50 60 Payments to employees 80 80 Purchase of assets 10 20 Payments for operating expenses 10 15 Additional Information: • Industry Average Efficiency : 20% • Net profit in 2010 : $21 000 a) Define the term working capital. b) Comment on the cash flow of Couch Potato Technologies P/L in 2010. c) Calculate and comment on the efficiency of Couch Potato Technologies P/L d) Calculate and comment on the net profit of Couch Potato Technologies P/L. e) Recommend TWO strategies that can be used to manage the working capital of Couch Potato Technologies P/L.
Question Observe the following statement: STATEMENT OF CASH FLOW FOR "COUCH POTATO TECHNOLOGIES P/L" For the year ending June 30 2011 2010 2011 $000 $000 Receipts from customers (sales) Payments for purchases Payments to employees Purchase of assets 350 180 50 60 80 80 10 20 Payments for operating expenses 10 15 Additional Information: Industry Average Efficiency : 20% Net profit in 2010 : $21 000 a) Define the term working capital. b) Comment on the cash flow of Couch Potato Technologies P/L in 2010. c) Calculate and comment on the efficiency of Couch Potato Technologies P/L d) Calculate and comment on the net profit of Couch Potato Technologies P/L. e) Recommend TWO strategies that can be used to manage the working capital of Couch Potato Technologies P/L.
Given the financial data for New Electronic World, Inc. (NEW), compute the following measures of cash flows for the NEW for the year ended December 31, 2021 Compute for the operating cash flow Compute for the free cash flow
Use the information below to compute the cash flow assets: please give me answer this general accounting question
Quinze Seize Corp. reported the following amounts in its statement of financial position at each year-end:a. What is the net cash provided by operating activities?b. What is the net cash used in investing activities?c. What is the net cash provided by financing activities?

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