Question

In: Accounting

Briefly discuss Sims Metal Management Limited’s net cash flows from operating, investing, and financing activities and...

Briefly discuss Sims Metal Management Limited’s net cash flows from operating, investing, and financing activities and the trends evident over the last three years: 2019, 2018, 2017. Refer to their annual report.

Solutions

Expert Solution

The position of Cash flow activities are as follows:

As we can observe in 2018 the cashflow from Operating activities have slightly dropped by 5.37% and a huge Cash flow in investing Activity ie 316%. This implies there are heavy capital investments in this year. There is net cash paid out overall. Thus company must've invested out of its existing resources than opting for external sources.

The impact of investment made in 2018 has given results in 2019 as we has increased Cash flows from Operating activities by 43%. However we have investing and financing outflows of nearly $ 325 million ( 194+131). The investing have marginally reduced but outflow in financing have increased significantly (259%).

ekkarill92 answered 1 year ago
Next > < Previous

Related Solutions

Explain whether the expected net cash flows from the three activities (operating, investing, financing) would be...
Explain whether the expected net cash flows from the three activities (operating, investing, financing) would be in flows or outflows.
Discuss and provide examples of different types of cash flows as operating, investing, and financing activities.
Discuss and provide examples of different types of cash flows as operating, investing, and financing activities.
Explain the value of separating cash flows into operating activities, investing activities, and financing activities to...
Explain the value of separating cash flows into operating activities, investing activities, and financing activities to financial statement users in analyzing cash flows and the company's financial performance and condition. 
Q1. Discuss the differences between operating, investing and financing activities, then describe the cash flows between...
Q1. Discuss the differences between operating, investing and financing activities, then describe the cash flows between a company and its stakeholders Q2. ALHAMD Watch Company manufactures two product lines—digital watches and analog watches. Income statement data for the most recent year follow: Total Digital Watches Analog Watches Sales revenue $850,000 $500,000 $350,000 Variable expenses (530,000) (250,000) (280,000) Contribution margin $320,000 $250,000 $70,000 Fixed expenses (180,000) (90,000) (90,000) Operating income (loss) $140,000 $160,000 $(20,000) Assuming fixed costs remain unchanged, and that...
The statement of cash flows begins with the Financing activities section. Operating activities section. Investing activities...
The statement of cash flows begins with the Financing activities section. Operating activities section. Investing activities section. Last year's ending cash balance. In which section of the statement of cash flows each item would be reported? Paid cash for office supplies (Click to select)Operating ActivitiesInvesting ActivitiesFinancing Activities Paid cash for a computer (Click to select)Operating ActivitiesInvesting ActivitiesFinancing Activities Distributed cash dividend (Click to select)Operating ActivitiesInvesting ActivitiesFinancing Activities Received cash for services (Click to select)Operating ActivitiesInvesting ActivitiesFinancing Activities Purchased treasury stock...
Prepare the cash flows from investing and financing activities sections of HHC's statement of cash flows.
The following are summary cash transactions that occurred during the year for Hilliard Healthcare Co. (HHC): Cash Received from: Customers ........................................................$660,000 Interest on note receivables ..........................12,000 Collection of note receivable.......................100,000 Sale of land ..........................................................40,000 Insurance of common stock..........................200,000   Cash paid for: Interest on note payable .................................18,000 Purchase of equipment .................................120,000 Operating expenses .......................................440,000 Dividends to shareholders .............................30,000   Prepare the cash flows from investing and financing activities sections of HHC's statement of cash flows.
A. Calculate net cash provided by operating activities B. Calculate investing activities C. Calculate financing activities...
A. Calculate net cash provided by operating activities B. Calculate investing activities C. Calculate financing activities i. equipment bought for 97000, paid in cash ii. securities sold at cost iii. equipment sold for 15500, the original price when bought was 47000. The profit was 8750. iv. dividends of the year was 83400 Balance sheet 2015 2014 Assets Cash 82700 47250 Accounts receivable 90800 57000 Inventory 126900 102650 Investments 84500 87000 Equipment 255000 205000 Accumulated depreciation (49500) (40000) Total 590400 458900...
Discuss the three business activities of financing, investing, and operating.
Discuss the three business activities of financing, investing, and operating.
Statement of Cash Flows—A method of reporting the cash flows from operating activities as the net...
Statement of Cash Flows—A method of reporting the cash flows from operating activities as the net income from operations adjusted for all deferrals of past cash receipts and payments and all accruals of expected future cash receipts and payments.Indirect Method The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 20Y7, is as follows: Dec. 31, 20Y8 Dec. 31, 20Y7 Assets Cash $74,970 $91,680 Accounts receivable (net) 115,190 123,590 Merchandise inventory 164,570 153,180 Prepaid expenses 6,700...
Statement of Cash Flows—A method of reporting the cash flows from operating activities as the net...
Statement of Cash Flows—A method of reporting the cash flows from operating activities as the net income from operations adjusted for all deferrals of past cash receipts and payments and all accruals of expected future cash receipts and payments.Indirect Method List the errors you find in the following statement of cash flows. The cash balance at the beginning of the year was $240,000. All other amounts are correct, except the cash balance at the end of the year. Shasta Inc....
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT