b) Evaluate the cash position of ITC limited for the year ending March 31, 2022, relative to March 31,following annexure of the company's cash flow statement.ParticularsNet Cash from Operating ActivitiesNet Cash from/(used in) Investing activities31.3.2022(in Crores)31.3.2021(in Crores)14807.79(1517.06)11493.86Net Cash used in Financing Activities(13337.03)6497.89(18378.89)Net decrease in Cash and Cash equivalentsOpening balance of Cash and Cash equivalentsCash and Cash equivalents acquired on businesscombination(46.3)231.28(387.14)561.3557.07The closing value of Cash and Cash equivalents184.98231.28

The cash flow statement provides information about a company's cash receipts and cash payments…

Answered: b) Evaluate the cash position of ITC…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Highlight the Net cash provided by Operating Activities for the Statement of Cash Flows Highlight the Net cash provided by Financing Activities for the Statement of Cash Flows Highlight the net change in cash for the period on the Statement of Cash Flows
Use the information provided below to prepare the Cash Flow Statement of Rolex Limited for the year ended 31December 2021.INFORMATIONThe following information was extracted from the records of Rolex Limited for the financial year ended 31 December2021.ROLEX LIMITEDSTATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2021RSales 4 140 000Cost of sales (2 020 000)Gross profit 2 120 000Selling and administrative expenses (840 000)Operating profit 1 280 000Interest expense (80 000)Profit before tax 1 200 000Company tax (320 000)Profit after tax 880 000STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER:ASSETS 2021 (R) 2020 (R)Non-current assets 3 740 000 2 940 000Property, plant and equipment 3 440 000 2 940 000Investments 300 000 0 Current assets 1 080 000 900 000Inventories 480 000 500 000Accounts receivable 510 000 320 000Cash and cash equivalents 90 000 80 000Total assets 4 820 000 3 840 000EQUITY AND LIABILITIESEquity 3 120 000 2 600 000Ordinary share capital 2 000 000 2…
g) Did the firm use the working capital (current asset and current liability) accountsother than cash and cash equivalents as sources of cash, or uses of cash? (Answerthis question using only the Cash flow statement for BHP Limited).
You have been asked to prepare the statement of cash flows for Neo Ltd for the year ended 30 November 2021. The most recent income statement and statement of financial position (with comparatives for the previous year) of Neo Ltd are set out below. Neo Ltd – Income Statement for the year ended 30 November 2021 Revenue 104,567 Cost of sales (71,358) Gross profit 33,209 Profit on disposal of property, plant and equipment 106 33,315 Distribution costs (12,789) Administrative expenses (16,371) Profit from operations 4,155 Finance costs (608) Profit before tax 3,547 Тах (726) Profit for the period 2,821
Given the following data from company def, using the direct method of cash flows the company would have determined its cash inflow to be: $30,000.00 Accounts receivable, at 12/31/2018 $20,000.00 Accounts receivable, at 12/31/2019 $507,000.00 Sales for year 2019 $357,000.00 Gross Profit A) 497,000 B) 367,000 C) 347,000 D) 517,000
From the following income statement and the balance sheets, prepare a funds-flow statement: The Income Statement for the year ended 31 December 2018 shows: Amount(2) Amount(2) 15,000.00 Profit before depreciation Less: Depreciation Taxation 5,000.00 5,000.00 Dividend Transfer to reserves Balance of profit and Loss(P/L)A/e The Balance Sheet as on 31 December, 2017 and 31 December, 2018 is as follows: | Liabilitios 500.00 3,500.00 14,000.00 1,000.00 As on As on Assets As on As on 31/12/2017 31/12/2018 31/12/2017 31/12/2018 Share capital Reserves Fixed Assets 40,000.00 42,000.00 15,000.00 18,5000.00 Current Assets: P&L A/e 1,000.00 Stodk 10,000.00 15,000.00 Secured Loans 9,000.00 14,000.00 Debtors 15,000.00 21,000.00 Current Liabilities and 18,500.00 19,000.00 provisions Total Cash 2,500.00 4,000.00 67,500.00 82,500.00 67.500.00 82,500.00
Kindly can you assist with the attached question, info all attached. thanks
Compute KLT's net cash provided by operating activities-indirect method. Complete the partial Statement of Cash Flows. (Use a minus sign or parentheses for amounts that result in a decrease in cash.) KLT Equipment, Inc. Statement of Cash Flows (Partial) Year Ended December 31, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Net Cash Provided by (Used for) Operating Activities
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
Please help.
Accounting Suppose that a company's cash flow statement showed the following: o Net Income: $19,917.48 o Depreciation: $3,109.46 o Accounts receivable: $-996.63 o Inventory: $489.61 o Accounts payable: $984.18 What is this company's net cash from operating activities? $22,519.92 $23,014.49 $23,516.55 $20,394.64 $23,504.10
From the information below, prepare a complete statement of cash flows for 2020 using the indirect method. Maple Group Ltd Comparative Balance Sheet December 31, 2020 and 2019 2020 2019 Increase/(Decrease) Assets Cash and cash equivalent 15300 25,900 (10,600) Accounts Receivable 43,200 39,000 4200 Inventories 93,700 139,900 (46,200) Fixed Assets, net 251,600 210,300 41,300 Total Assets 403,800 415,100 (11,300) Liabilities Accounts payable 26,600 21,000 5,600 Accrued liabilities 22,800 24,100 (1,300) Long-term notes payable 62,000 65,000 (3000) Stockholders' Equity: Common Stock…

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