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Required: • Cash Flow (should follow the given format)

Required: • Cash Flow (should follow the given format)

Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
9th Edition
ISBN:9781305635937
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter3: Financial Statements, Cash Flow, And Taxes
Section: Chapter Questions
Problem 3DQ
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Required: • Cash Flow (should follow the given format)
ion, the projected statement of cash flows can now XYZ Company FORMAT Projected Statement of Cash Flows 31 December 2018 (in millions) a. Cash Flow from Operating Activities P3 521 b. Net Income 800 с. Depreciation and Amortization (400) d. Decrease in Inventories 624 e. Decrease in Accounts Receivable (578) f. Decrease in Accounts Payable 175 g. Increase in Accrued Liabilities h. Decrease in Other Current Liabilities (500) i. Net Cash Flow by Operating Activities 3 642 p j. Cash Flow from Investing Activities k. Increase in Plant and Equipment (3 593) odr 1. Net Cash Flow by Investing Activities (3 593) m. Cash Flow from Financing Activities n. Increase in Long-term Debts 3 500 o. Net Cash Flow by Financing Activities 3 500 p. Net Change in Cash (i+1+o) 3 549 q. Cash and Cash Equivalents, beginning PI 100 Cash and Cash Equivalents, ending P4 649 r.
Transcribed Image Text:ion, the projected statement of cash flows can now XYZ Company FORMAT Projected Statement of Cash Flows 31 December 2018 (in millions) a. Cash Flow from Operating Activities P3 521 b. Net Income 800 с. Depreciation and Amortization (400) d. Decrease in Inventories 624 e. Decrease in Accounts Receivable (578) f. Decrease in Accounts Payable 175 g. Increase in Accrued Liabilities h. Decrease in Other Current Liabilities (500) i. Net Cash Flow by Operating Activities 3 642 p j. Cash Flow from Investing Activities k. Increase in Plant and Equipment (3 593) odr 1. Net Cash Flow by Investing Activities (3 593) m. Cash Flow from Financing Activities n. Increase in Long-term Debts 3 500 o. Net Cash Flow by Financing Activities 3 500 p. Net Change in Cash (i+1+o) 3 549 q. Cash and Cash Equivalents, beginning PI 100 Cash and Cash Equivalents, ending P4 649 r.
Comprehension check Direction: Write your answer for this activity in the answer sheet of the practice exercises. A. Given the statement of financial position and the staterment of comprehensive income, make the statement of cash flows. The format of cash flow is given in the examples above. Angelie's Company Inc. Statement of Financial Position (in millions) ASSETS Current Assets Cash & Cash Equivalents Accounts Receivable Inventories Total Current Assets Noncurrent Assets Net Property, Plant, & Equipment Total Assets LIABILITIES & OWNER'S EQUITY Current Liabilities Accounts Payable Notes Payable Total Current Liabilities Noncurrent Liabilities Long-term Debts Owner's Equity Common Stocks Additional Paid-in Capital Retained Eamings Total Owner's Equity Total Liabilities & Owner's Equity 2021 P7, 160 690 2020 P4,100 1,200 1,000 800 8,650 6,300 7.400 P16.050 9800 P16.100 2021 2020 P430 P450 1200 900 1,630 1,350 800 950 7,000 1,000 5.620 7,000 1,000 5,800 13,620 P16.050 13,800 P16.100 Angelie's Company Inc. Statement of Comprehensive Income (in millions) 2021 P6,120 3,000 2,400 5,400 720 900 2020 P9,600 2,600 2,200 4,800 4,800 800 Net Sales Less: Operating Costs (except depreciation and amortization) Depreciation and Amortization Total Operating Costs Operating Income or Earnings before Interest and Taxes (EBIT) Less Interest Eamings before Taxes (EBIT) Taxes (30%) Net Income Dividends (180) 4,000 1,200 P2,800 P1,310 (P180) Spiritual food: "Yahweh's name is a strong tower: the righteous run to him, and are safe." Proverbs 18:10
Transcribed Image Text:Comprehension check Direction: Write your answer for this activity in the answer sheet of the practice exercises. A. Given the statement of financial position and the staterment of comprehensive income, make the statement of cash flows. The format of cash flow is given in the examples above. Angelie's Company Inc. Statement of Financial Position (in millions) ASSETS Current Assets Cash & Cash Equivalents Accounts Receivable Inventories Total Current Assets Noncurrent Assets Net Property, Plant, & Equipment Total Assets LIABILITIES & OWNER'S EQUITY Current Liabilities Accounts Payable Notes Payable Total Current Liabilities Noncurrent Liabilities Long-term Debts Owner's Equity Common Stocks Additional Paid-in Capital Retained Eamings Total Owner's Equity Total Liabilities & Owner's Equity 2021 P7, 160 690 2020 P4,100 1,200 1,000 800 8,650 6,300 7.400 P16.050 9800 P16.100 2021 2020 P430 P450 1200 900 1,630 1,350 800 950 7,000 1,000 5.620 7,000 1,000 5,800 13,620 P16.050 13,800 P16.100 Angelie's Company Inc. Statement of Comprehensive Income (in millions) 2021 P6,120 3,000 2,400 5,400 720 900 2020 P9,600 2,600 2,200 4,800 4,800 800 Net Sales Less: Operating Costs (except depreciation and amortization) Depreciation and Amortization Total Operating Costs Operating Income or Earnings before Interest and Taxes (EBIT) Less Interest Eamings before Taxes (EBIT) Taxes (30%) Net Income Dividends (180) 4,000 1,200 P2,800 P1,310 (P180) Spiritual food: "Yahweh's name is a strong tower: the righteous run to him, and are safe." Proverbs 18:10
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