Required: 1. What is the revised amount of operating, investing and financing cash flows? (Net outflows should be indicated by a minus sign.) Operating Investing Financing $ 15,480 (101,480) 142,760
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Revise your calculations based the new information provided below and then answer the questions that follow.
| Inflows: | |
| Issue common stock | $129,000 |
|---|---|
| Sell inventory to customers | 147,920 |
| Issue notes payable | 91,160 |
| Sell land | 168,560 |
| Earn interest on investments | 3,440 |
| Sell patent | 104,920 |
| Outflows: | |
| Purchase equipment | $309,600 |
|---|---|
| Purchase inventory | 65,360 |
| Purchase |
68,800 |
| Repay notes payable | 51,600 |
| Pay salaries | 67,080 |
| Pay dividends | 25,800 |
| Beginning cash | $91,160 |
Required:
1. What is the revised amount of operating, investing and financing
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- What is the IRR of the following set of cash flows? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Year 0123 Cash Flow -$ 16,100 6,800 8,100 6,600 IRR %What is the IRR of the following set of cash flows? Year Cash Flow 0 - $61,300 1 18,900 2 64,500 3 7,600EB5. LO 16.3 What adjustment(s) should be made to reconcile net income to net cash flows from operating activities (indirect method) considering the following balances in current assets? Accounts payable, beginning of year Accounts payable, end of year Salaries payable, beginning of year Salaries payable, end of year $18,000 28,000 6,000 4,000
- Required:1. In Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).)What is the IRR of the following set of cash flows? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Year Cash Flow 0 –$ 17,300 1 8,000 2 9,300 3 7,800Required: a. Calculate: Cash receipts from customers. Cash payments for operating expenses. b. Prepare the operating activities section of the statement of cash flows for 2020.
- Under the indirect method, how much should be reported as cash flows from operating activities? a. P 780,000b. P 550,000c. P 600,000d. P 750,000The income statement and the cash flows from operating activities section of the statement of cash flows are provided below for Syntric Company. The merchandise inventory account balance neither increased nor decreased during the reporting period. Syntric had no liability for insurance, deferred income taxes, or interest at any time during the period. Sales Cost of goods sold Gross margin Salaries expense Insurance expense Depreciation expense Depletion expense Interest expense Gains and losses: Gain on sale of equipment Loss on sale of land Income before tax Income tax expense SYNTRIC COMPANY Income Statement For the Year Ended December 31, 2024 ($ in thousands) Net income Cash Flows from Operating Activities: Cash received from customers Cash paid to suppliers Cash paid to employees Cash paid for interest Cash paid for insurance Cash paid for income tax Net cash flows from operating activities $35.0 16.9 9.0 3.4 10.4 $ 271.7 (168.8) 102.9 (74.7) 19.0 (6.4) 40.8 (20.4) $ 20.4 $225.0…What is the IRR of the following set of cash flows? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Cash Year Flow $17,100 1 7,800 9,100 7,600 3 IRR %
- Classifying Items in the Statement of Cash Flows The following items are commonly reported in a statement of cash flows (indirect method presentation). For each item 1 through 20, determine (a) in which section the item is presented (operating, investing, or financing) and (b) whether the associated dollar amount is added or subtracted in the statement. (a) (b) 1. Payments of short-term debt. AnswerOperatingInvestingFinancing AnswerAddSubtract 2. Repurchases of common stock. AnswerOperatingInvestingFinancing AnswerAddSubtract 3. Purchases of property and equipment. AnswerOperatingInvestingFinancing AnswerAddSubtract 4. Sale of investments classified as long-term. AnswerOperatingInvestingFinancing AnswerAddSubtract 5. Proceeds from the issuance of common stock. AnswerOperatingInvestingFinancing AnswerAddSubtract 6. Increase in prepaid expenses and other current assets. AnswerOperatingInvestingFinancing AnswerAddSubtract 7. Acquisition for cash of a competitor.…Comment on the Cash flows from operating activities R756 000; Increase in receivables (R396 000) and Cash flows from investing activities (R1 368 000)Calculating Cash Flow From Assets by= Operating Cash Flow (OCF) – Net Capital Spending (NCS) - Change in NWC (ΔNWC)= Earnings Before interest and taxes + Depreciation –Taxes - New fixed assets – Old fixed assets +Depreciation - ((New current assets – New current liabilities)-(Old current assets – Old current liabilities))