FIN. ACCT.-TOOLS FOR BUS.DEC.MAKING-CODE
9th Edition
ISBN: 9781119595724
Author: Kimmel
Publisher: WILEY C
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What was the amount of net cash provided by operating activities for the year ended September 26, 2015? For the year ended September 27, 2014?
What was the amount of increase or decrease in cash and cash equivalents for the year ended September 26, 2015? For the year ended September 27, 2014?
Which method of computing net cash provided by operating activities does Apple use?
From your analysis of the 2015 statement of cash flows, did the change in accounts receivable require or provide cash? Did the change in inventories require or provide cash? Did the change in accounts payable require or provide cash?
What was the net outflow or inflow of cash from investing activities for the year ended September 26, 2015?
What was the amount of income taxes paid in the year ended September 26, 2015?
The net realizable value of the company’s accounts receivable on December 31, 2016, should be
A. P1,518,887
C. P1,528,150
B. P1,612,650
D. P1,603,358
Refer to Apple’s statement of cash flows. (a) Which method is used to compute its net cash provided by operating activities? (b) Its balancesheet shows an increase in accounts receivable from September 24, 2016, to September 30, 2017; why is this increase in accounts receivable subtracted when computing net cash provided by operating activities for the fiscal yearended September 30, 2017?
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- Suppose Columbia Sportswear Company had accounts receivable of $359,502,000 at January 1, 2022, and $271,857,600 at December 31, 2022. Assume sales revenue was $1,492,827,600 for the year 2022. What is the amount of cash receipts from customers in 2022? The amount of cash receipts from customers in 2017 $arrow_forwardIllustration: ABC Co.'s cash balance on January 1 2018 was P 20 000 The following were the transactions that affected cash during the period a. Collections from customers for the sale of goods, b. Cash receipt from loan obtained from a bank, c. Cash receipt from additional investment by owner, d. Payments to suppliers for the purchase of inventory, e. Payments for employee salaries, f. Payments for rent expenses, g. Payment for utilities expense, h. Payment for the acquisition of equipment, i. Cash disbursements for drawings by owner, Required: Prepare the statement of cash flows from operating activities Please be guided by the rubric below: ACTIVITY No. RE 20 16 12 8 P 580 000 P 180 000 P 20 000 P 120 000 P 140 000 70 000 P P 20 000 P 200 000 P 60 000 the direct method of presenting cash flows DESCRIPTION The financial position is presented properly, and the amounts are correct The financial position is presented properly, and the amounts have few errors The financial position is…arrow_forwardI need help on this. First here is the information on General Mill's balance sheet (let me know if you need more information). Balance sheets In millions, except per value Assets May 28, 2017 May 29, 2016 Current assets: Cash and cash equivalents $766.1 $763.7 Receivables 1,430.1 1,360.8 Inventories 1,483.6 1,413.7 Prepaid expenses and other current assets 381.6 399.0 Total current assets 4,061.4 3,937.2 Land, buildings and equipment 3,687.7 3,743.6 Goodwill 8,747.2 8,741.2 Other intangible assets 4,530.4 4,538.6 Other assets 785.9 751.7 Total assets 21,812.6 21,712.3 Liabilities and equity Current liabilities: Accounts payable $2,119.8 $2,046.5 Current portion of long-term debt 604.7 1,103.4 Notes payable 1,234.1 269.8 Other current liabilities 1,372.2 1,595.0 Total current liabilities 5,330.8 5,014.7 Long-term debt 7,642.9 7,057.7 Deferred invomce taxes 1,719.4 1,399.6…arrow_forward
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