Cash Flow Statement: Cash flow statement is that statement in which, transaction related to cash are recorded. It is mandatory report and included in the financial statement of the company. It is divided into three parts operating activities, investing activity, and financial activity Operating Activity: Operating activity is the first part of the cash flow statement. The main focuses of the operating activity on the cash inflow and outflow from the selling goods, providing services and manufacturing. Long term capital and investing cost are not included in the operating activity. Financial Activity: Financial activity is the part of the cash flow statement. Financial activity involves the long term liability, borrowing and stockholder’s equity. All the changes in the long term liability, equity and borrowings reported in the financial statement. Investing Activity: Investing activity is the third part of the cash flow statement which gives the information related to the acquisition and disposal of the long term assets of the company such as land and building, investment and plant. To Identify: Cash flow from operating activities

Question

Want to see more full solutions like this?

Answer 1

Question

Chapter 12, Problem 6DQ

To determine

Cash Flow Statement:

Cash flow statement is that statement in which, transaction related to cash are recorded. It is mandatory report and included in the financial statement of the company. It is divided into three parts operating activities, investing activity, and financial activity

Operating Activity:

Operating activity is the first part of the cash flow statement. The main focuses of the operating activity on the cash inflow and outflow from the selling goods, providing services and manufacturing. Long term capital and investing cost are not included in the operating activity.

Financial Activity:

Financial activity is the part of the cash flow statement. Financial activity involves the long term liability, borrowing and stockholder’s equity. All the changes in the long term liability, equity and borrowings reported in the financial statement.

Investing Activity:

Investing activity is the third part of the cash flow statement which gives the information related to the acquisition and disposal of the long term assets of the company such as land and building, investment and plant.

To Identify: Cash flow from operating activities

Expert Solution & Answer

Explanation of Solution

Company Name
Statement of cash flow
For the Year Ended 31 December 20XX
Cash flow from operating activities:	Amount ($)	Amount ($)
Net profit before tax and extraordinary items		xxx
Adjustments for:
Depreciation expenses	xxx
Patent written off	xxx
Foreign exchange	xxx
Investment profit	xxx
Gain or loss on sale of fixed assets	xxx
Profit on building	(xxx)
Loss on equipment	xxx
Interest/dividend	xxx	xxx
Operating profit before working capital change		xxx
Adjustment for:
Trade and other receivable	xxx
Inventories	xxx
Allowance for doubtful account	xxx
Note payable(short term)	xxx
Trade payable	xxx	xxx
Cash generated from operation		xxx
Interest paid	(xxx)
Direct taxes	(xxx)	xxx
Cash extraordinary items		xxx
Deferred revenue		xxx
Net cash from operating activities		xxx

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

Summary: You will investigate a case of asset theft involving several fraudsters for this assignment. The case offers a chance to assess an organization's corporate governance, fraud prevention, and risk factors. Get ready: Moha Computer Services Limited Links to an external website: Finish the media activity. The scenario you need to finish the assignment is provided by this media activity. Directions: Make a four to five-page paper that covers the following topics. Management must be questioned by an auditor regarding the efficacy of internal controls and the potential for fraud. A number of warning signs point to the potential for fraud in this instance. List at least three red flags (risk factors for fraud) that apply to the Moha case. Sort them into three groups: opportunities, pressures/incentives, and (ethical) attitudes/justifications. Determine which people and organizations were impacted by Moha Computer Services Limited's enormous scam. Describe the fraud's financial and…

Co

Critically assess the role of the Conceptual Framework in financial reporting and its influence onaccounting theory and practice. Discuss how the qualitative characteristics outlined in theConceptual Framework enhance financial reporting and contribute to decision-usefulness. Provideexamples to support your analysis.

Answer 2

Question

Chapter 12, Problem 6DQ

To determine

Cash Flow Statement:

Cash flow statement is that statement in which, transaction related to cash are recorded. It is mandatory report and included in the financial statement of the company. It is divided into three parts operating activities, investing activity, and financial activity

Operating Activity:

Operating activity is the first part of the cash flow statement. The main focuses of the operating activity on the cash inflow and outflow from the selling goods, providing services and manufacturing. Long term capital and investing cost are not included in the operating activity.

Financial Activity:

Financial activity is the part of the cash flow statement. Financial activity involves the long term liability, borrowing and stockholder’s equity. All the changes in the long term liability, equity and borrowings reported in the financial statement.

Investing Activity:

Investing activity is the third part of the cash flow statement which gives the information related to the acquisition and disposal of the long term assets of the company such as land and building, investment and plant.

To Identify: Cash flow from operating activities

Expert Solution & Answer

Explanation of Solution

Company Name
Statement of cash flow
For the Year Ended 31 December 20XX
Cash flow from operating activities:	Amount ($)	Amount ($)
Net profit before tax and extraordinary items		xxx
Adjustments for:
Depreciation expenses	xxx
Patent written off	xxx
Foreign exchange	xxx
Investment profit	xxx
Gain or loss on sale of fixed assets	xxx
Profit on building	(xxx)
Loss on equipment	xxx
Interest/dividend	xxx	xxx
Operating profit before working capital change		xxx
Adjustment for:
Trade and other receivable	xxx
Inventories	xxx
Allowance for doubtful account	xxx
Note payable(short term)	xxx
Trade payable	xxx	xxx
Cash generated from operation		xxx
Interest paid	(xxx)
Direct taxes	(xxx)	xxx
Cash extraordinary items		xxx
Deferred revenue		xxx
Net cash from operating activities		xxx

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 12, Problem 6DQ

To determine

Cash Flow Statement:

Cash flow statement is that statement in which, transaction related to cash are recorded. It is mandatory report and included in the financial statement of the company. It is divided into three parts operating activities, investing activity, and financial activity

Operating Activity:

Operating activity is the first part of the cash flow statement. The main focuses of the operating activity on the cash inflow and outflow from the selling goods, providing services and manufacturing. Long term capital and investing cost are not included in the operating activity.

Financial Activity:

Financial activity is the part of the cash flow statement. Financial activity involves the long term liability, borrowing and stockholder’s equity. All the changes in the long term liability, equity and borrowings reported in the financial statement.

Investing Activity:

Investing activity is the third part of the cash flow statement which gives the information related to the acquisition and disposal of the long term assets of the company such as land and building, investment and plant.

To Identify: Cash flow from operating activities

Expert Solution & Answer

Explanation of Solution

Company Name
Statement of cash flow
For the Year Ended 31 December 20XX
Cash flow from operating activities:	Amount ($)	Amount ($)
Net profit before tax and extraordinary items		xxx
Adjustments for:
Depreciation expenses	xxx
Patent written off	xxx
Foreign exchange	xxx
Investment profit	xxx
Gain or loss on sale of fixed assets	xxx
Profit on building	(xxx)
Loss on equipment	xxx
Interest/dividend	xxx	xxx
Operating profit before working capital change		xxx
Adjustment for:
Trade and other receivable	xxx
Inventories	xxx
Allowance for doubtful account	xxx
Note payable(short term)	xxx
Trade payable	xxx	xxx
Cash generated from operation		xxx
Interest paid	(xxx)
Direct taxes	(xxx)	xxx
Cash extraordinary items		xxx
Deferred revenue		xxx
Net cash from operating activities		xxx

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 12, Problem 6DQ

To determine

Cash Flow Statement:

Cash flow statement is that statement in which, transaction related to cash are recorded. It is mandatory report and included in the financial statement of the company. It is divided into three parts operating activities, investing activity, and financial activity

Operating Activity:

Operating activity is the first part of the cash flow statement. The main focuses of the operating activity on the cash inflow and outflow from the selling goods, providing services and manufacturing. Long term capital and investing cost are not included in the operating activity.

Financial Activity:

Financial activity is the part of the cash flow statement. Financial activity involves the long term liability, borrowing and stockholder’s equity. All the changes in the long term liability, equity and borrowings reported in the financial statement.

Investing Activity:

Investing activity is the third part of the cash flow statement which gives the information related to the acquisition and disposal of the long term assets of the company such as land and building, investment and plant.

To Identify: Cash flow from operating activities

Expert Solution & Answer

Explanation of Solution

Company Name
Statement of cash flow
For the Year Ended 31 December 20XX
Cash flow from operating activities:	Amount ($)	Amount ($)
Net profit before tax and extraordinary items		xxx
Adjustments for:
Depreciation expenses	xxx
Patent written off	xxx
Foreign exchange	xxx
Investment profit	xxx
Gain or loss on sale of fixed assets	xxx
Profit on building	(xxx)
Loss on equipment	xxx
Interest/dividend	xxx	xxx
Operating profit before working capital change		xxx
Adjustment for:
Trade and other receivable	xxx
Inventories	xxx
Allowance for doubtful account	xxx
Note payable(short term)	xxx
Trade payable	xxx	xxx
Cash generated from operation		xxx
Interest paid	(xxx)
Direct taxes	(xxx)	xxx
Cash extraordinary items		xxx
Deferred revenue		xxx
Net cash from operating activities		xxx

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 12, Problem 6DQ

To determine

Cash Flow Statement:

Cash flow statement is that statement in which, transaction related to cash are recorded. It is mandatory report and included in the financial statement of the company. It is divided into three parts operating activities, investing activity, and financial activity

Operating Activity:

Operating activity is the first part of the cash flow statement. The main focuses of the operating activity on the cash inflow and outflow from the selling goods, providing services and manufacturing. Long term capital and investing cost are not included in the operating activity.

Financial Activity:

Financial activity is the part of the cash flow statement. Financial activity involves the long term liability, borrowing and stockholder’s equity. All the changes in the long term liability, equity and borrowings reported in the financial statement.

Investing Activity:

Investing activity is the third part of the cash flow statement which gives the information related to the acquisition and disposal of the long term assets of the company such as land and building, investment and plant.

To Identify: Cash flow from operating activities

Expert Solution & Answer

Explanation of Solution

Company Name
Statement of cash flow
For the Year Ended 31 December 20XX
Cash flow from operating activities:	Amount ($)	Amount ($)
Net profit before tax and extraordinary items		xxx
Adjustments for:
Depreciation expenses	xxx
Patent written off	xxx
Foreign exchange	xxx
Investment profit	xxx
Gain or loss on sale of fixed assets	xxx
Profit on building	(xxx)
Loss on equipment	xxx
Interest/dividend	xxx	xxx
Operating profit before working capital change		xxx
Adjustment for:
Trade and other receivable	xxx
Inventories	xxx
Allowance for doubtful account	xxx
Note payable(short term)	xxx
Trade payable	xxx	xxx
Cash generated from operation		xxx
Interest paid	(xxx)
Direct taxes	(xxx)	xxx
Cash extraordinary items		xxx
Deferred revenue		xxx
Net cash from operating activities		xxx

Answer 6

Chapter 12, Problem 6DQ

To determine

Cash Flow Statement:

Cash flow statement is that statement in which, transaction related to cash are recorded. It is mandatory report and included in the financial statement of the company. It is divided into three parts operating activities, investing activity, and financial activity

Operating Activity:

Operating activity is the first part of the cash flow statement. The main focuses of the operating activity on the cash inflow and outflow from the selling goods, providing services and manufacturing. Long term capital and investing cost are not included in the operating activity.

Financial Activity:

Financial activity is the part of the cash flow statement. Financial activity involves the long term liability, borrowing and stockholder’s equity. All the changes in the long term liability, equity and borrowings reported in the financial statement.

Investing Activity:

Investing activity is the third part of the cash flow statement which gives the information related to the acquisition and disposal of the long term assets of the company such as land and building, investment and plant.

To Identify: Cash flow from operating activities

Expert Solution & Answer

Explanation of Solution

Company Name
Statement of cash flow
For the Year Ended 31 December 20XX
Cash flow from operating activities:	Amount ($)	Amount ($)
Net profit before tax and extraordinary items		xxx
Adjustments for:
Depreciation expenses	xxx
Patent written off	xxx
Foreign exchange	xxx
Investment profit	xxx
Gain or loss on sale of fixed assets	xxx
Profit on building	(xxx)
Loss on equipment	xxx
Interest/dividend	xxx	xxx
Operating profit before working capital change		xxx
Adjustment for:
Trade and other receivable	xxx
Inventories	xxx
Allowance for doubtful account	xxx
Note payable(short term)	xxx
Trade payable	xxx	xxx
Cash generated from operation		xxx
Interest paid	(xxx)
Direct taxes	(xxx)	xxx
Cash extraordinary items		xxx
Deferred revenue		xxx
Net cash from operating activities		xxx

Answer 7

Chapter 12, Problem 6DQ

To determine

Cash Flow Statement:

Cash flow statement is that statement in which, transaction related to cash are recorded. It is mandatory report and included in the financial statement of the company. It is divided into three parts operating activities, investing activity, and financial activity

Operating Activity:

Operating activity is the first part of the cash flow statement. The main focuses of the operating activity on the cash inflow and outflow from the selling goods, providing services and manufacturing. Long term capital and investing cost are not included in the operating activity.

Financial Activity:

Financial activity is the part of the cash flow statement. Financial activity involves the long term liability, borrowing and stockholder’s equity. All the changes in the long term liability, equity and borrowings reported in the financial statement.

Investing Activity:

Investing activity is the third part of the cash flow statement which gives the information related to the acquisition and disposal of the long term assets of the company such as land and building, investment and plant.

To Identify: Cash flow from operating activities

Answer 8

Expert Solution & Answer

Explanation of Solution

Company Name
Statement of cash flow
For the Year Ended 31 December 20XX
Cash flow from operating activities:	Amount ($)	Amount ($)
Net profit before tax and extraordinary items		xxx
Adjustments for:
Depreciation expenses	xxx
Patent written off	xxx
Foreign exchange	xxx
Investment profit	xxx
Gain or loss on sale of fixed assets	xxx
Profit on building	(xxx)
Loss on equipment	xxx
Interest/dividend	xxx	xxx
Operating profit before working capital change		xxx
Adjustment for:
Trade and other receivable	xxx
Inventories	xxx
Allowance for doubtful account	xxx
Note payable(short term)	xxx
Trade payable	xxx	xxx
Cash generated from operation		xxx
Interest paid	(xxx)
Direct taxes	(xxx)	xxx
Cash extraordinary items		xxx
Deferred revenue		xxx
Net cash from operating activities		xxx