Excel Applications for Accounting Principles
4th Edition
ISBN: 9781111581565
Author: Gaylord N. Smith
Publisher: Cengage Learning
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Question
Chapter 14, Problem 5R
To determine
Interpret the behavior of each component from the chart and explain whether the trends are favorable or unfavorable.
To determine
Prepare and print the statement of cash flow using CASHFLOW2 worksheet.
To determine
Prepare a line chart explaining the relationship between net income and operating cash flows over the five years.
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The XNPV function can calculate NPV for any (possibly irregular) series of cash flows. Look this function up in Excel’s online help. Then use it to develop a spreadsheet model that finds the NPV of the following series: a payment of $25,000 today (assumed to be June 15, 2017), and cash inflows of $10,000 on March 1, 2018; $15,000 on September 15, 2018; $8000 on January 20, 2019; $20,000 on April 1, 2019; and $10,000 on May 15, 2019. Discount these back to “today” using a discount rate of 12%
ARCI Instruments manufactures a ventilation controller designed for monitoring and controlling carbon monoxide in parking garages, boiler rooms, tunnels, etc. The net cash flow associated with one phase of the operation is shown on the next page. (a) How many possible rate of returnvalues are there for this cash flow series? (b) Find all the rate of return values between 0 and 100% using tabulated factors and a spreadsheet.
Hi, do you agree with the net cash flow in investing activities amount, or did you receive a different amount? I got $682,000, but the last reviewer thinks the total is -$534,000. Also, could you let me know if I need the retained earnings section for my assignment to calculate cash flows? I am trying to get my cashflow statement to equal the difference in cash of $86,000.
Assets
20X1
20X0
Difference
Current assets
Cash
$450,000.00
$364,000.00
$86,000
Accounts receivable—net
692,000
625,000
$67,000
Inventory
723,000
610,000
$113,000
Prepaid expenses
50,000
70,000
($20,000)
Total current assets
1,915,000
1,669,000
$246,000
Long-term investments
150,000
20,000
$130,000
Property, plant, and equipment
1,622,000
815,000
$807,000
Less: Accumulated depreciation
-100,000
-75,000
($25,000)
1,522,000
740,000
$782,000
Total assets
$3,587,000
$2,429,000
$1,158,000
Liabilities and…
Chapter 14 Solutions
Excel Applications for Accounting Principles
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