Datuk Harith and Haji Azrul is a Managing Director for Kecoh Sdn Bhd. They plan to prepare a statement of cash flows in 2015 for the company. Aqilah, a fresh graduate Financial Officer for the company asked your help to prepare the statement. Given the following information, help Aqilah to prepare a statement of cash flows for Kecoh Sdn Bhd in year 2015. RM'000 Increase in account receivable 25 Increase in inventories 30 Increase in accounts payable Dividends 25 15 Increase in common stock 20 Increase in net fixed assets 20 Beginning cash 20 Additional information: Net profit margin in year 2015 is 12% Sales is increasing by 37.5% from 2014 Sales in 2014 was RM 200,000. Current depreciation in 2015 is RM 12,000 Accumulated depreciation for the company was RM 15,000 i) iii) iv) v)

Datuk Harith and Haji Azrul is a Managing Director for Kecoh Sdn Bhd. They plan to prepare a statement of cash flows in 2015 for the company. Aqilah, a fresh graduate Financial Officer for the company asked your help to prepare the statement. Given the following information, help Aqilah to prepare a statement of cash flows for Kecoh Sdn Bhd in year 2015. RM'000 Increase in account receivable 25 Increase in inventories 30 Increase in accounts payable Dividends 25 15 Increase in common stock 20 Increase in net fixed assets 20 Beginning cash 20 Additional information: Net profit margin in year 2015 is 12% Sales is increasing by 37.5% from 2014 Sales in 2014 was RM 200,000. Current depreciation in 2015 is RM 12,000 Accumulated depreciation for the company was RM 15,000 i) iii) iv) v)

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

ChapterC: Cases

Section: Chapter Questions

Problem 3C

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Your friend is in business and wants your advice on preparing and interpreting the statement of cash flows for 2016. Information regarding the business is as follows: Cash received from customers $ 175,000 Cash paid to vendors 75,000 Cash paid to employees 140,000 Cash paid for interest 35,000 Depreciation expense 40,000 Cash paid in acquiring equipment 375,000 Cash received from issuing bonds 250,000 Cash received from issued common stock 400,000 Beginning cash balance 95,000 Required: a. Based upon the above information, prepare the statement of cash flows using the direct method. b. Explain what has happened during the year.
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Santana Ray, ownrt of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data. Computer service revenue. 25,007 Net sales 18,393 Total revenue 43 400 Cost of goods sold 14,152 Depreciation expense-office equipment 390 Depreciation expense-Computer equipment 1,230 Wages expense 2,750 Insurance expense 515 Rent expense 2,175 Computer supplies expense 1,305 Advertising expense 570 Mileage expense 260 Repairs expense-Computer 930 Total expenses 24,277 Net Income 19,123
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