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

Chapter 15 Homework 13 Saved Help Save & Exit Submit Part 1 of 2 0.83 points eBook Ask Required information Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,800 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 49,000 24,400 73,400 9,420 $ 82,820 c. Time tickets show the following labor used for the month. Print References Job 201 $ 40,000 Job 202 13,400 Total direct labor 53,400 25,000 $ 78,400 Indirect labor Total labor used d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. Sold Job 201 for $166,160 on credit. g. Incurred the following actual other…

quesrion 2

Anti-Pandemic Pharma Co. Ltd. reports the following information in its income statement: Sales = $5,250,000; Costs = $2, 173,000; Other expenses = $187,400; Depreciation expense = $79,000; Interest expense= $53,555; Taxes $76,000; Dividends $69,000. $136,700 worth of new shares were also issued during the year and long-term debt worth $65,300 was redeemed. a) Compute the cash flow from assets b) Compute the net change in working capital (325 marks)

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