7. What was the amount of cash that Sainsbury’s paid for their finance lease obligations(capital obligation plus interest) during the year ending March 11th, 2017? a) 37 b) 8 c) 45 d) 130 e) 466 8. How much cash did Sainsbury borrow during year ended March 11th, 2017? a) Zero b) 172 c) 492 d) 448 e) None of the above
7. What was the amount of cash that Sainsbury’s paid for their finance lease obligations(capital obligation plus interest) during the year ending March 11th, 2017? a) 37 b) 8 c) 45 d) 130 e) 466 8. How much cash did Sainsbury borrow during year ended March 11th, 2017? a) Zero b) 172 c) 492 d) 448 e) None of the above
7. What was the amount of cash that Sainsbury’s paid for their finance lease obligations(capital obligation plus interest) during the year ending March 11th, 2017? a) 37 b) 8 c) 45 d) 130 e) 466 8. How much cash did Sainsbury borrow during year ended March 11th, 2017? a) Zero b) 172 c) 492 d) 448 e) None of the above
7. What was the amount of cash that Sainsbury’s paid for their finance lease obligations(capital obligation plus interest) during the year ending March 11th, 2017?
a) 37
b) 8
c) 45
d) 130
e) 466
8. How much cash did Sainsbury borrow during year ended March 11th, 2017?
a) Zero
b) 172
c) 492
d) 448
e) None of the above
9. Which of the following statements is true regarding Sainsbury's indirect method Cash Flow from Operations?
a) Sainsbury subtract a decrease in their inventory
b) Sainsbury add-back depreciation of £600m as this is non-cash expense
c) Sainsbury recognized a loss on disposal of properties
d) Sainsbury add-back an increase in their trade receivables
e) None of the above
10. During the year ending March 11th, 2017, how does the closing balance for Cash in the Statement of Cash Flows compare with that in the Balance Sheet?
a) Same
b) Different by 6, due to foreign exchange translation
c) Different by 6, due to overdraft
d) Different by 1,077 due to both foreign exchange translation and overdraft
e) None of the above
Part B
Compare the cash generation and uses of Sainsbury’s in 2017 relative to 2016. In particular, comparatively assess the strengths and weaknesses of each part (CFO, CFI and CFF).
Definition Video Definition Accounting method wherein the cost of a tangible asset is spread over the asset's useful life. Depreciation usually denotes how much of the asset's value has been used up and is usually considered an operating expense. Depreciation occurs through normal wear and tear, obsolescence, accidents, etc. Video
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.