Use the following excerpts from Kirsten Company's Statement of Cash Flows and other financial records. From Statement of Cash Flows: Cash flows from operating activities $136,000 Cash flows from investing activities (54,000) Cash flows from financing activities 66,000 From other records: Cash capital expenditures $78,000 Cash dividends paid 16,000 þetermine the company's free cash flow.
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- AaBbCcl ab x, x A 2- A- Heading 2 Heading 3 Heading 4 Heading 7 Replace Heading 1 Dictate Sénsit A Select v Font Paragraph Styles Editing Voice Sensit Section V: SCF-Question 5 Identify the most significant cash inflow and outflow activity from Financing activities for the current year. Description of Activity Amount Cash inflow: Click here to enter text. Cash outflow: (Note: cash dividends paid are reported here.) Click here to enter text. D Focus English (United States) ENG search ASUSMC Qu. 12-40 Which of the following would be... Which of the following would be classified as an operating activity on the statement of cash flows using the direct method? Multiple Cholce Cash dividends pald. Cash recelved from selling equlpment. Cash pald to retire bonds payable at maturity. Cash recelved from accounts recelvable collections. < Prev 30 of 30 Next Type here to search W Trop storm warning DELLCengageNOWv2 |0 X Mail - West, Grace K X M Your Accounting ans X b Ask a Question | bart X + Home .com/ilrm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false D) eBook Calculator Brief Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities Orlando Inc. reported the following information: 12/31/2019 12/31/2018 Furniture $46,000 $32,000 Accumulated depreciation 15,900 12,500 Investment (long-term) 38,000 50,000 In addition, Orlando sold furniture costing $29,400 with accumulated depreciation of $16,170 for $15,350. Orlando also reported a $1,100 gain on the sale of long-term investments. Required: Compute net cash flow from investing activities. Use a minus sign to indicate negative cash flows (outflows). Feedback Check My Work Set up T-accounts to determine activity in the furniture account. Recreate the journal entry to determine the cash flow related to the long-term investment ac 6:22 PM >) 4/29/2020 DELL PrtScr…
- nu messageQ&A notifications account_circle Business FinanceQ&A LibraryPlease classify each of the following accounts into its right category of cash flow activities. Which of the following item(s) belong to Operation Activities? (This question may contain multiple answers) Depreciation Fixed assets expenses Change in Inventories Change in Accounts Payable Payment of cash dividends Change in Notes Payable Payment of long-term debt Change in marketable securities Net income Change in Account Receivables Please classify each of the following accounts into its right category of cash flow activities. Which of the following item(s) belong to Operation Activities? (This question may contain multiple answers) Depreciation Fixed assets expenses Change…Income Statement Year Ended December 31, 20X5 Sale Cost of goods sold Gross Profit Operating Expenses Loss on Sale of equipment Profit from Operations Other expenses Interest Expense Profit before Income Tax Income Tax Expense Profit Additional Information: $55,000 $ 2,500 Cash Accounts Receivable Inventory Prepaid Expenses Equipment Accumulated Depreciation - equipment Total Assets $340,000 $250, 100 $ 89,900 1. Operating expenses include depreciation expense of $10,000 2. Accounts Payable related to the purchase of inventory 3. Equipment that cost $12,500 was sold at a loss of $2,500 Account Payable Interest Payable Income taxes payable Dividends Payable Long-term Notes Payable $ 57,500 $ 32,400 4. New equipment was purchased during the year for $8,500 5. Dividends declared and paid in 20X5 totaled $3,000 6. Common shares were sold for $12,000 cash $ 3,500 $ 28,900 $ 12,000 $ 16,900 7. Interest payable in 20X5 was $800 greater than interest payable in 20X4 8. The company uses IFRS…HOWV2 |Online teachir X no subject) - morganmcgrew4@ X ywhat are two examples of cash in X ssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress3false * G M * eBook C Show Me How Classifying Cash Flows Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows: a. Purchase of investments b. Disposal of equipment Financing C. Payment for selling expenses Investing d. Collection of accounts receivable Operating e. Cash sales f. Issuance of bonds payable Next Check My Work 12:04 PM 12/2/2020 a 1N
- pls tabulate the cashflow, tqPrepare a statement of cash flow for bramble inc using the direct method unit iV question 18Prepare a schedule of net cash provided by operating activities. - Prepare the Operating Activities Section of a Statement of Cash Flows using the Indirect. ? FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sig Calibri -11 A A % Alignment Number Conditional Format as Cell Formatting Table Styles Paste BIU Cells Editing Clipboard Font Styles A1 fe The following information is for FloorCo, Inc. for the year just ended: A B D E G 1 The followng information is for FloorCo, Inc. for the year just ended: 3 Beginning of 4 End of year year 5 Current assets: Cash 75,000 $ 90,000 7. Accounts receivable 158,000 140,000 8 Inventory 285,000 246,000 9. Prepaid expenses 11,000 16,000 10 11 Current liabilities 12 Accounts payable 284,000 302,000 13 Accrued liabiities 9,500 11,200 14 Income taxes payable 27,000 24,000 15 16 Net income 2$ 94,500 17 18 Accumulated depreciation 19 total credits 45,000 20 21 Floor Company did not record any gains or losses during the year. 22 23 Prepare a schedule…
- TO Culate net o check if Assets equal Liabilities I cdn.student.uae.examus.n ACCT101_FEX_2021_2_Male Purpose of the Statenment of Cash Flows: 9 క్క 18 a. To calculate net income 95abe18 e18c o check if Assets equal Liabilities b. 95abe18 С. To calculate Assets turnover 95abe18ce33 d. To know where a company spends its cash abe18ce33 95a18ce33 95abe18ce33 95abe18ce33 95abe18ce33 95abe18ce33 MacBook Pro 80 F3 000 95abe1 F4 FS 48 F6 E F7 6 & DII 7 V T F9 8A 99 Cor R. IICashbalance,beginning.....................P9 P ? P ? P? P?Add collectionsfromcustomers..... ? ? 125 ? 391Totalcash available................... 85 ? ? ? ?Less disbursements:Purchaseofinventory..................... 40 58 ? 32 ?Operatingexpenses............... ? 42 54 ? 180Equipmentpurchases................... 10 8 8 ? 36Dividends.......................... 2 2 2 2 ?Totaldisbursement.................... ? 110 ? ? ?Excess (deficiency) of cash availableOrdisbursements... ...................... (3) ? 30 ? ? Financing:Borrowings......................... ? 20 - - ?Repayments (including interest)*.. - - (?) (7) (?)Total financing......................... ? ? (?) (?) ?Cash balance, ending................... P ? P ? P ? P ? P ? *Interest will total P4, 000 for the year.Prepare a statement of cash flows using the indirect method Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri A A Paste Conditional Format as Formatting Table- Styles- BIU- Alignment Number Cell Cells Editing Clipboard Font Sty es Al Note: To complete the assignment, go to the worksheet tab labeled Cash Flow INNOVATION ELECTRONICS, INC. Balance Sleel AL December 31 20X2 20X) Assets Current assets- Cash 184.420 S 68.700 134.500 33.540 11 Accounts receivable 3.D00 12 Inventory 2.980 Prepaid insurance 14 Long term assets: Investments 4.560 211100 208.500 213.0010 120100 Land 255.000 Equipment Accumulated deprecistion 18 (117.50) (101.500. 19 20 Tatal assets 395.600 717/506 22 Liabilities and Stockholders Equity 24 Curren! liabiities: Accounts payable Interest payable Income tax payable 28 Long teTm abi ies: Nates payable 30 Stckhalders equity 23 26.500 S 81000 2.300 32.500 25 3,000 30.200 26 27 29 255J00 242000 230.000 130.000 Comman stack 273.000 32 Retained…