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    Quiz 4

    Uploaded by

    Aliza Rizvi
    The document summarizes the cash flows of a company over a period. It shows a net cash inflow from operating activities of $79,725 driven by net income of $60,150 adjusted for non-cash expenses like depreciation of $25,500. There was a net cash outflow of $3,525 from investing activities due to purchases of equipment exceeding sale proceeds. Financing activities resulted in a net cash outflow of $57,075 primarily due to repayment of bonds of $38,325 and dividends of $18,750. The overall net cash inflow for the period was $19,125.

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    Quiz 4

    Uploaded by

    Aliza Rizvi
    15 views3 pages
    The document summarizes the cash flows of a company over a period. It shows a net cash inflow from operating activities of $79,725 driven by net income of $60,150 adjusted for non-cash expenses like depreciation of $25,500. There was a net cash outflow of $3,525 from investing activities due to purchases of equipment exceeding sale proceeds. Financing activities resulted in a net cash outflow of $57,075 primarily due to repayment of bonds of $38,325 and dividends of $18,750. The overall net cash inflow for the period was $19,125.

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    The document summarizes the cash flows of a company over a period. It shows a net cash inflow from operating activities of $79,725 driven by net income of $60,150 adjusted for non-cash expenses like depreciation of $25,500. There was a net cash outflow of $3,525 from investing activities due to purchases of equipment exceeding sale proceeds. Financing activities resulted in a net cash outflow of $57,075 primarily due to repayment of bonds of $38,325 and dividends of $18,750. The overall net cash inflow for the period was $19,125.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    15 views3 pages

    Quiz 4

    Uploaded by

    Aliza Rizvi
    The document summarizes the cash flows of a company over a period. It shows a net cash inflow from operating activities of $79,725 driven by net income of $60,150 adjusted for non-cash expenses like depreciation of $25,500. There was a net cash outflow of $3,525 from investing activities due to purchases of equipment exceeding sale proceeds. Financing activities resulted in a net cash outflow of $57,075 primarily due to repayment of bonds of $38,325 and dividends of $18,750. The overall net cash inflow for the period was $19,125.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 3

    Muhammad Aibak Arshad

    22010004
    Change in Cash 19125

    Operating Cash Flow


    Net Income 60150
    + Depreciation 25500
    Loss on sale of equipment 3300
    Loss on retirement of bonds 825
    Income Taxes Payable 675
    A/R 5700
    - Inventory -9525
    Prepaid Expenses -1950
    A/P -4950
    Dividends Payable
    Net Cash flow from op 79725

    Investing Cash Flow


    + Sale of Equipment 6975
    - Purchase of Equipment -10500

    Financing Cash Flow


    - Bonds Payable -38325
    -18750

    Total Cash flow 19125


    Depreciation
    47550
    11100 25500

    61950
    Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $60,150
    Adjustments to reconcile net income to net
    cash provided by operating activities
    Decrease in accounts receivable . . . . . . . . . . . . . . . 5,700
    Increase in merchandise inventory . . . . . . . . . . . . . (9,525)
    Increase in prepaid expenses . . . . . . . . . . . . . . . . . (1,950)
    Decrease in accounts payable . . . . . . . . . . . . . . . . (4,950)
    Increase in income taxes payable . . . . . . . . . . . . . . 675
    Depreciation expense . . . . . . . . . . . . . . . . . . . . . . 25,500
    Loss on sale of plant assets . . . . . . . . . . . . . . . . . . 3,300
    Loss on retirement of bonds . . . . . . . . . . . . . . . . . 825
    Net cash provided by operating activities . . . . . . . . . . . . $79,725
    [12/7, 10:16] Umair: Cash flows from investing activities
    Cash received from sale of equipment . . . . . . . . . . . . . . 6,975
    Cash paid for equipment . . . . . . . . . . . . . . . . . . . . . . . (10,500)
    Net cash used in investing activities . . . . . . . . . . . . . . . . (3,525)
    Cash flows from financing activities
    Cash paid to retire bonds payable . . . . . . . . . . . . . . . . . (38,325)
    Cash paid for dividends . . . . . . . . . . . . . . . . . . . . . . . . (18,750)
    Net cash used in financing activities . . . . . . . . . . . . . . . . (57,075)
    Net increase in cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . $19,125
    Cash balance at prior year-end . . . . . . . . . . . . . . . . . . . . . 23,925
    Cash balance at current year-end . . . . . . . . . . . . . . . . . . . $43,050

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