Question 4:XYZ Co. had the following information in 2020:Sales150000COGS80000Operating expenses (excluding depreciation)Interest expense320008000Тахes30007000Increase in Accounts receivableDecrease in inventoryIncrease in Accounts payableDecrease in other payablesIncrease in interest payableDecrease in tax payable40005000350020001000Prepare operating cash flows using direct method.22

Cash flows from operating activities: It is a section of Statement of cash flow that explains the…

XYZ Co. had the following information in 2020: Sales 150000 COGS 80000 Operating expenses (excluding depreciation) Interest expense 32000 8000 Тахes 3000 Increase in Accounts receivable 7000 4000 Decrease in inventory Increase in Accounts payable Decrease in other payables Increase in interest payable Decrease in tax payable 5000 3500 2000 1000 Prepare operating cash flows using direct method.

XYZ Co. had the following information in 2020: Sales 150000 COGS 80000 Operating expenses (excluding depreciation) Interest expense 32000 8000 Тахes 3000 Increase in Accounts receivable 7000 4000 Decrease in inventory Increase in Accounts payable Decrease in other payables Increase in interest payable Decrease in tax payable 5000 3500 2000 1000 Prepare operating cash flows using direct method.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Required: 1. Prepare a statement of cash flows for 2020 using the indirect method. 2. Compute the following 2 ratios for 2020: InventoryTurnover and Payout Ratio
Decrease in accounts receivable. 50000 Increase in prepaid expense account. 240000 Increase in merchandise stock. 500000 Increase in income tax due. 200000 Earned / Calculate the cash from operating activities if you know that the net income is 1,800,000 and depreciation expenses 1,300,000
Question 4: XYZ Co. had the following information in 2020: Sales 150000 СOGS 80000 Operating expenses (excluding depreciation) Interest expense Таxes 32000 8000 3000 Increase in Accounts receivable 7000 Decrease in inventory Increase in Accounts payable Decrease in other payables Increase in interest payable Decrease in tax payable 4000 5000 3500 2000 1000 Prepare operating cash flows using direct method.
Question 4: XYZ Co. had the following information in 2020: Sales 150000 COGS 80000 Operating expenses (excluding depreciation) Interest expense 32000 8000 Taxes 3000 Increase in Accounts receivable Decrease in inventory Increase in ACcounts payable Decrease in other payables 7000 4000 5000 3500 Increase in interest payable Decrease in tax payable 2000 1000 Prepare operating cash flows using direct method.
Depreciation OMR 12000 Net Profit OMR 148000 The following accounts decreased during 2020: Accounts receivable OMR 20000 Inventory OMR18000 Rent payable OMR17000 Machinery OMR 25000 The following accounts increased during 2020: Notes receivable OMR 15000 Account payable OMR 18000 Bonds payable OMR 20000 What is the net cash flows from operating activities?
Question 4: XYZ Co. had the following information in 2020: Sales 150000 COGS 80000 Operating expenses (excluding depreciation) Interest expense 32000 8000 Таxes 3000 Increase in Accounts receivable 7000 Decrease in inventory Increase in Accounts payable Decrease in other payables Increase in interest payable Decrease in tax payable 4000 5000 3500 2000 1000 Prepare operating cash flows using direct method.
KLM Co. had the following information in 2020: Issuance of common stock Payment of dividends Bank loan repaid Purchase of equipment Issuance of bonds payable Sale of long Term Assets Decrease in Accounts receivable 32000 15000 21000 55000 29000 24000 17000 Purchase of short term investment 12000 Increase of prepaid expenses Purchase of land 15000 50000 37800 Net Profit Depreciation Amortization 18500 9500 Prepare cash flows statement, use indirect method for operating cash flow.
What is National Co.’s free cash flow for 2022?
STATEMENT OF CASH FLOWS