On the basic of the cash flow statemnet attachd for Funtastic ltd for year 2019, 2018 and 2017, answer the below question. a) Was the firm able to generate enough cash from operations to pay for all of its capital expenditures? b) Did the cash flow from operations cover the dividend payment made by the firm (if any)? c) If the firm has generated excess cash from operations, how did the firm invest the excess cash? If not, what were the sources of cash the firm used to pay for the capital expenditures and/or dividends?
On the basic of the cash flow statemnet attachd for Funtastic ltd for year 2019, 2018 and 2017, answer the below question. a) Was the firm able to generate enough cash from operations to pay for all of its capital expenditures? b) Did the cash flow from operations cover the dividend payment made by the firm (if any)? c) If the firm has generated excess cash from operations, how did the firm invest the excess cash? If not, what were the sources of cash the firm used to pay for the capital expenditures and/or dividends?
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 27BE
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On the basic of the cash flow statemnet attachd for Funtastic ltd for year 2019, 2018 and 2017, answer the below question.
a) Was the firm able to generate enough cash from operations to pay for all of its capital expenditures?
b) Did the cash flow from operations cover the dividend payment made by the firm (if any)?
c) If the firm has generated excess cash from operations, how did the firm invest the excess cash? If not, what were the sources of cash the firm used to pay for the capital expenditures and/or dividends?
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