Managerial Accounting: Tools for Business Decision Making
7th Edition
ISBN: 9781118334331
Author: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Publisher: WILEY
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Chapter 13, Problem 13.8BE
To determine
Free cash flow describes the net cash provided from operating activities after making required adjustments for dividends and capital expenditures. In other words, it is the cash flow arrived after making payment for capital expenditures and dividend payments.
To determine: The amount of free cash flow.
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Suppose during 2022 that Cypress Semiconductor Corporation reported net cash provided by operating activities of $99,126,330,
cash used in investing of $47,869,860, and cash used in financing of $8,178,480. In addition, cash spent for fixed assets during the
period was $28,663,530. No dividends were paid.
Calculate free cash flow. (Show a negative free cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Free cash flow
%24
Suppose that during 2022, Cypress Semiconductor Corporation reported net cash provided by operating activities of $84,373,000, cash used in investing of $46,884,000, and cash used in financing of $7,812,000. In addition, cash spent for plant assets during the period was $28,094,000. No dividends were paid.
Calculate free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g.(45).)
Free cash flow
$
Assume that during 2020, Cypress Semiconductor Corporation reported net cash provided by operating activities of $155,793,000, net cash used in investing activities of $207,826,000 (including cash spent for plant assets of $132,280,000), and net cash used in financing activities of $33,372,000. Dividends of $5,000,000 were paid.Calculate free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Free cash flow
$
Chapter 13 Solutions
Managerial Accounting: Tools for Business Decision Making
Ch. 13 - (a) What is a statement of cash flows? (b) Mark...Ch. 13 - Prob. 2QCh. 13 - Prob. 3QCh. 13 - Prob. 4QCh. 13 - Prob. 5QCh. 13 - Prob. 6QCh. 13 - Prob. 7QCh. 13 - Contrast the advantages and disadvantages of the...Ch. 13 - Prob. 9QCh. 13 - Prob. 10Q
Ch. 13 - Prob. 11QCh. 13 - Prob. 12QCh. 13 - Prob. 13QCh. 13 - Prob. 14QCh. 13 - Prob. 15QCh. 13 - During 2017. Doubleday Company converted 1,700.000...Ch. 13 - Prob. 17QCh. 13 - Prob. 18QCh. 13 - Prob. 19QCh. 13 - Prob. 20QCh. 13 - Prob. 21QCh. 13 - Prob. 13.1BECh. 13 - Classify items by activities. (LO 1), C Classify...Ch. 13 - Prob. 13.3BECh. 13 - Prob. 13.4BECh. 13 - Prob. 13.5BECh. 13 - Prob. 13.6BECh. 13 - Prob. 13.7BECh. 13 - Prob. 13.8BECh. 13 - Prob. 13.9BECh. 13 - Prob. 13.10BECh. 13 - The management of Morrow Inc. is trying to decide...Ch. 13 - Prob. 13.12BECh. 13 - Prob. 13.13BECh. 13 - Prob. 13.14BECh. 13 - Prob. 13.1DICh. 13 - Prob. 13.2DICh. 13 - Prob. 13.3DICh. 13 - Tabares Corporation had these transactions during...Ch. 13 - An analysis of comparative balance sheets, the...Ch. 13 - Cushenberry Corporation had the following...Ch. 13 - Prob. 13.4ECh. 13 - The current sections of Scoggin Inc.s balance...Ch. 13 - Prob. 13.6ECh. 13 - Rojas Corporations comparative balance sheets are...Ch. 13 - Here are comparative balance sheets for Velo...Ch. 13 - Prob. 13.9ECh. 13 - Compute net cash provided by operating...Ch. 13 - Suppose a recent income statement for McDonalds...Ch. 13 - Compute cash flow from operating activitiesdirect...Ch. 13 - The following information is taken from the 2017...Ch. 13 - You are provided with the following transactions...Ch. 13 - The following account balances relate to the...Ch. 13 - The income statement of Whitlock Company is...Ch. 13 - Prob. 13.4APCh. 13 - Prob. 13.5APCh. 13 - Prob. 13.6APCh. 13 - Prob. 13.7APCh. 13 - Prob. 13.8APCh. 13 - Prob. 13.9APCh. 13 - Prob. 13.10APCh. 13 - Prob. 13.11APCh. 13 - Prob. 13.1BYPCh. 13 - Prob. 13.2BYPCh. 13 - Comparative Analysis Problem: Amazon.com, Inc. vs....Ch. 13 - Prob. 13.4BYPCh. 13 - Prob. 13.5BYPCh. 13 - Prob. 13.7BYPCh. 13 - Ethics Case Wesley Corp. is a medium-sized...Ch. 13 - Prob. 13.9BYP
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- Suppose that during 2022 Cypress Semiconductor Corporation reported net cash provided by operating activities of cash used in investing of $43.126,000, and cash used in financing of $7,381,000. in addition, cash spent for fixed assets period was $25,813,000. No dividends were paid. Calcula Free cash flow $arrow_forwardSuppose that during 2022 Cypress Semiconductor Corporation reported net cash provided by operating activities of $98,216,000, cash used in investing of $44,315,000, and cash used in financing of $6,679,000. In addition, cash spent for fixed assets during the period was $26,246,000. No dividends were paid. Calculate free cash flow. Free cash flow $arrow_forward2 During 2017, Ecuyer Industries reported cash provided by operations of $794000, cash used in investing of $686000, and cash used in financing of $190000. In addition, cash spent for fixed assets during the period was $2276000. Average current liabilities were $650000 and average total liabilities were $1716000. No dividends were paid. Based on this information, what was Ecuyer's free cash flow? a S-604000. $144000. $108000. d. $518000.arrow_forward
- Suppose Canwest Global Communications Corp. reported net cash used by operating activities of $127,537,580 and sales revenue of $3,498,299,980 during 2022. Cash spent on plant asset additions during the year was $96,782,600. Calculate free cash flow. (Show a negative free cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) Free cash flow $arrow_forwardBased on the short cases on Cash flow preparation, compute the following: 1. For the year ended December 31, 2016, the company has a cash balance of P23,000. The result of cash flow from operating activities is (P15,000), cash flow from investment activities is P8,500 while the cash flow from financing activities is P12,250. How much is the net changes in cash for 2017? How much is the cash balance as of December 2017? 2. For the year ended December 31, 2017, the company had an ending cash balance of P32,000. During the year, the company result of cash flow from investment activities is P7,500 while the cash flow from financing activities was P12,500. The cash balance as of December 31, 2016 is P10,300. How much is the cash flow generated from operating activities in 2018? 3. For the year ended December 31, 2017, the company had a cash balance of P25,000. Business transactions for 2018 resulted to a cash flow from operating activities of (P12,000), cash flow from investment activities…arrow_forwardSuppose Shaw Communications reported net cash used by operating activities of $119,174,460 and sales revenue of $3,268,903,260 during 2025. Cash spent on plant asset additions during the year was $90,436,200. No dividends were paid. Calculate free cash flow. (Show a negative free cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).) Free cash flow 02 Qarrow_forward
- × Your answer is incorrect. Suppose that during 2022, Cypress Semiconductor Corporation reported net cash provided by operating activities of $80,491,000, cash used in investing of $43,016,000, and cash used in financing of $7,781,000. In addition, cash spent for plant assets during the period was $26,530,000. No dividends were paid. Calculate free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow 29,694,000arrow_forwardHampton Industries had $39,000 in cash at year-end 2017and $11,000 in cash at year-end 2018. The firm invested in property, plant, and equipmenttotaling $210,000. Cash flow from financing activities totaled 1$120,000.a. What was the cash flow from operating activities?b. If accruals increased by $15,000, receivables and inventories increased by $50,000, anddepreciation and amortization totaled $25,000, what was the firm’s net income?arrow_forwardDuring 2022, Sunland Company reported cash provided by operations of $762000, cash used in investing of $659000, and cash used in financing of $182000. In addition, cash spent on fixed assets during the period was $265000. Average current liabilities were $624000 and average total liabilities were $1647000. No dividends were paid. Based on this information, what was Sunland free cash flow? a. $497000. b. ($580000). c. $103000. d. ($138000).arrow_forward
- The Sunland Company has disclosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $1.426 million, cost of goods sold of $815,000, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. Compute the cash flows to investors from operating activity. (Round answer to 2 decimal places, e.g. 15.25.) Cash flow from operating activity $arrow_forwardBroussard Company reported net income of $3.5 millionin 2017. Depreciation for the year was $520,000, accountsreceivable increased $500,000, and accounts payableincreased $300,000. Compute net cash flow from operatingactivities using the indirect method.arrow_forwardCash flow from assets. Use the data from the following financial statements in the popup window,. The company paid interest expense of $17,600 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow from assets for 2017, and break it into its three parts: operating cash flow, capital spending, and change in net working capital. The operating cash flow is $ (Round to the nearest dollar.)arrow_forward
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