Balance sheetAssets (in KD)Liabilities (in KD)Cash20000Accounts payable80000Accounts receivable100000Accrued expenses100000Inventory210000 Notes payables180000Property, Equipment, Plants 1500000 Long-term borrowings400000Less: Amortization50000Total liabilitiesTotal equityTotal assetsTotal Liabilities and Total EquityIncome statementSales900000COGS400000Gross profitOperating expenses 200000EBITInterest expenses 50000EBTTaxes20000Net IncomeConsider the above balance sheet and income statement.The account payable deferral period is equal to:(Note: Show calculation details in the reasons box)Oa 52.40 daysOb 365 daysOc 32 44 daysCd 73 days

The account payable deferral period is the period of time taken by the company to pay off its…

Answered: Consider the above balance sheet and…

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter12: The Statement Of Cash Flows

Section: Chapter Questions

Problem 12.24MCE

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3. Following information is available in respect of A LtdParticulars As on 31.3.2019(Rupees. In Lacs)As on 31.3.2020(Rupees. In Lacs)Investment in FinancialAssets- 100Equity Share Capital 150 160Long term Loans taken 100 200Dividend paid - 26Dividend received - 10Interest received - 15a. Prepare the cash flow from financing activities from the above information and givereasons for each element whether these elements belongs to financing activities or not. b. Calculate the relationship between the debt and equity for the year 2019 and 2020, andcomment
3. Following information is available in respect of A LtdParticulars As on 31.3.2019(Rupees. In Lacs)As on 31.3.2020(Rupees. In Lacs)Investment in Financial Assets - 100Equity Share Capital 150 160Long term Loans taken 100 200Dividend paid - 26Dividend received - 10Interest received - 15a. Prepare the cash flow from financing activities from the above information and give reasons for each element whether these elements belongs to financing activities or not
Assume a bank has the following balance sheet. Determine the 2-year GAP. AssetAmount LiabilityAmountCash$100 90-day CDs$1006-month Gbonds$400 360-day CDs$200 2-yearcommercialloans$400 Time Deposits 2- year $900 5-year fixedrate loans$500 Stockholder’s equity$200 Total$1,400 Total$1,400 GAP = (RSA2 yr – RSL2 yr) 0 -$100 -$200 -$300 -$800
Comment on the Cash flows from operating activities R756 000; Increase in receivables (R396 000) and Cash flows from investing activities (R1 368 000)
In an economy, it has the following monetary asset information as of December 2019. Cash in the hands of the public = P300BDemand deposits = P400BOther Checkable Deposits = P150BTraveler’s checks = P50BSavings Type accounts = P2000BMoney Market Mutual Funds = P1000BSmall-Time Deposits = P500BLarge Time Deposits = P450B Determine the value of M1 and M2.
Based on the following information, compute cash flows from financing activities under GAAP.Purchase of investments $ 250Dividends paid 1,200Interest paid 400Additional borrowing from bank 2,800
What is CFF (Cash Flow Financing), given:Accounts Payable 100,000Accrued Expenses 50,000Increase in Bonds Payable 300,000Decrease in Equity 75,000Dividends Paid 80,000
Consider the following financial information and answer the questionsthat follow:Sales : $250,000Costs : $134,000Depreciation : $10,200Operating expenses : $6,000Interest expenses : $20,700Taxes : $18,420Dividends : $10,600Addition to Retained Earnings : $50,080Long term debt repaid : $9,300New Equity issued : $8,470New fixed assets acquired : $15,000You are required to:iv) Calculate the cash flow from assets v) Calculate net capital spending vi) Calculate change in NWC PLEASE SHOW WORKING
Consider the following financial information and answer the questionsthat follow:Sales : $250,000Costs : $134,000Depreciation : $10,200Operating expenses : $6,000Interest expenses : $20,700Taxes : $18,420Dividends : $10,600Addition to Retained Earnings : $50,080Long term debt repaid : $9,300New Equity issued : $8,470New fixed assets acquired : $15,000You are required to:iv) Calculate the cash flow from assets v) Calculate net capital spending vi) Calculate change in NWC
UTV Corp. have the following account balances for the year ended December 31, 2020:DEBIT BALANCESAmountCash and cash equivalents400,000Accounts receivable900,000Raw materials560,000Goods in process600,000Finished goods1,400,000Financial assets at FVOCI2,500,000Sinking fund200,000Land1,000,000Building6,000,000Plant and equipment2,400,000Patent800,000Goodwill1,400,000Unrealized loss – FVOCI100,000Prepaid benefit cost20,000Treasury shares at cost250,000TOTAL18,530,000 CREDIT BALANCESAmountBank overdraft100,000Due from an officer50,000Allowance for bad debts40,000Accumulated depreciation – building1,600,000Accumulated depreciation – plant and equipment400,000Notes payable, due June 30, 20211,300,000Notes payable, due June 30, 20222,100,000Accounts payable1,000,000Provision180,000Warranty liabilities80,000Income tax payable120,000Finance lease liability180,000Deferred tax liability280,000Actuarial gain300,000Revaluation surplus360,000Share capital6,000,000Share premium2,000,000Retained…
Calculate the proprietary ratio from the following information: Fixed Assets 12,80,000 Current Assets 7,20,000 8% Debentures 5,60,000 10% Mortgage loan 3,30,000 Bank overdraft2,20,000 Trade payabletrade 1,90,000
Given the following information, what is the cash flow from operating activities? Sales $4,300 $4,800 Depreciation 750 900 COGS 2422 2650 Interest 180 200 Cash 200 400 Accts Receivables 200 300 ST Notes Payable 100 150 Long-term debt 2956 2000 Net fixed assets 8000 9700 Accounts Payable 50 200 Inventory 1800 1700 Payout ratio 30% 30% Tax rate 35% 35%

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