Question
In: Accounting
Create the “Operating Section”of the statement of cash flows using the indirect method(ONLYTHE OPERATING SECTION). Place...
Create the “Operating Section”of the statement of cash flows using the indirect method(ONLYTHE OPERATING SECTION).
Place your answer on this page(operating section only, indirect method).
Solutions
Expert Solution
| A | CASH FLOW FROM OPERATING ACTIVITIES | ||
| Net Profit Before Tax | - | ||
| Adjustments for: | |||
| Depreciation | - | ||
| Preliminary Expenses w/off | - | ||
| Deferred Revenue Expenditure | - | ||
| (Profit)/loss on sale of Assets | - | ||
| Interest & Finance Charges | - | ||
| Interest on FD | - | ||
| Dividend Income | - | - | |
| Operating Profit before Working Capital Changes | - | ||
| Adjustments for: | |||
| Decrease/(Increase) in Receivables | - | ||
| Decrease/(Increase) in Inventories | - | ||
| Increase/(Decrease) in Payables | - | - | |
| Cash generated from operations | - | ||
| Income Tax paid | - | ||
| Net Cash flow from Operating activities | - | ||
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ekkarill92 answered 2 years agoRelated Solutions
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Nike for the year ended May 31, 2012, and a forecasted income
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($
millions)
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Revenues
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Cost of sales
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Gross margin
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Selling and administrative expense
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Prepaid insurance
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Prepaid rent
25,410,
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Bond sinking fund
145,000
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99650
Buildings 306,000
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