Question

Vanderheiden Hog Products Corp. provided the following financial information for the quarter ending June 30, 2013:...

Vanderheiden Hog Products Corp. provided the following financial information for the quarter ending June 30, 2013: Net income: $182,725 Depreciation and amortization: $68,641 Increase in receivables: $62,154 Increase in inventory: $54,827 Increase in accounts payable: $37,655 Decrease in other current assets: $27,450 What is this firm's cash flow from operating activities during this quarter? (If an amount reduces the cash flow then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Vanderheiden Hog Products Corp. Statement of Cash Flows (Partial) Operating Activities: $ Additions (sources of cash) Subtractions (uses of cash) Net cash operating activities $

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Cash flow from operating activities means cash generated by a business by carrying out it's normal operations within a given period of time. here the total value of cash flow from operating activities forms as below.

Net income = 182,725

depriciation and amortisation = 68,641

increasing receivables = 62,154

Increase in inventory = 54,827

Increase in accounts payable = 37655

decrease in current asset = 27,450

therefore Cash flow from operations = Net income + depriciation - increase in receivables - increase in inventory + increase in accounts payable + decrease in Current asset.

CFO = 182,725 + 68,641 - 62,154 - 57338 + 37,655 + 27,450

CFO = $196,979

Net income + cash outflows + decrease in assets - cash inflow

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The financial statements of Vargas Corp. provide the following information. Calculate the cash provided from operating...
The financial statements of Vargas Corp. provide the following information. Calculate the cash provided from operating activities. Net Income $250,000, Depreciation expense $19,000, Loss on the Disposal of Equipment $8,000, Increase in Accounts Receivable $11,000, Decrease in Inventory $2,500, Increase in Pre-Paid expenses $4,000, Dividends Paid $5,500, Increase in Accounts Payable $15,000, Decrease in Income Tax Payable $2,500.
Consider the following information from Practel Corporation’s consolidated financial statements for 2020: Net income $25,000,000 Net...
Consider the following information from Practel Corporation’s consolidated financial statements for 2020: Net income $25,000,000 Net income attributable to Practel 24,600,000 Depreciation expense 8,000,000 Amortization expense 2,000,000 Loss on sale of plant assets 500,000 Equity method investment income 200,000 Cash dividends received from equity method investment 80,000 Increase in receivables 600,000 Decrease in inventory 900,000 Decrease in current operating liabilities 100,000 Required Use the above data to prepare the operating cash flow section of Practel’s consolidated statement of cash flows...
Additional information: The net cash provided by operating activities for 2022 was $190,200. The cash used...
Additional information: The net cash provided by operating activities for 2022 was $190,200. The cash used for capital expenditures was $91,000. The cash used for dividends was $30,200. The weighted-average common shares outstanding during the year was 50,000. (a) Compute the following values and ratios for 2022. (We provide the results from 2021 for comparative purposes.) (Round Current Ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%....
Suppose the following data were taken from the 2017 and 2016 financial statements of American Eagle...
Suppose the following data were taken from the 2017 and 2016 financial statements of American Eagle Outfitters. (All numbers, including share data, are in thousands.) 2017 2016 Current assets $ 963,700 $931,250 Total assets 2,017,700 1,750,250 Current liabilities 419,000 372,500 Total liabilities 572,700 526,700 Net income 175,000 404,500 Net cash provided by operating activities 299,000 487,300 Capital expenditures 255,000 279,200 Dividends paid on common stock 88,000 120,200 Weighted-average shares outstanding 203,000 213,600 (a) Calculate the current ratio for each year....
Select Consolidated Financial Data for Panera Bread, 2002-2013 (in thousands, except per share amounts). Calculate ROE...
Select Consolidated Financial Data for Panera Bread, 2002-2013 (in thousands, except per share amounts). Calculate ROE using Du pont Analysis and comment on your findings. 2013 2012 2011 2009 2002 Income statement data Revenues Bakery-cafe sales $2,108,908 $1,879,280 $1,592,951 $1,153,255 $212,645 Franchise royalties and fees 112,641 102,076 92,793 78,367 27,892 Fresh-dough and other product sales to franchisees 163,453 148,701 136,288 121,872 41,688 Total revenues 2,385,002 2,130,057 1,822,032 1,353,494 282,225 Bakery-cafe expenses: Food and paper products 625,622 552,580 470,398 337599 63,370...
The income statement of Martinez Corp. is presented here. Martinez Corp. Income Statement For the Year...
The income statement of Martinez Corp. is presented here. Martinez Corp. Income Statement For the Year Ended November 30, 2017 Sales revenue $7,697,000 Cost of goods sold     Beginning inventory $1,893,400     Purchases 4,315,800     Goods available for sale 6,209,200     Ending inventory 1,568,500 Total cost of goods sold 4,640,700 Gross profit 3,056,300 Operating expenses     Selling expenses 446,100     Administrative expenses 693,000 1,139,100 Net income $1,917,200 Additional information: 1. Accounts receivable decreased $386,500 during the year, and inventory decreased $324,900. 2. Prepaid expenses increased $147,600...
Sunland Company’s income statement for the year ended December 31, 2020, contained the following condensed information....
Sunland Company’s income statement for the year ended December 31, 2020, contained the following condensed information. Service revenue $848,000 Operating expenses (excluding depreciation) $618,000 Depreciation expense 59,000 Loss on sale of equipment 25,000 702,000 Income before income taxes 146,000 Income tax expense 40,000 Net income $106,000 Sunland’s balance sheet contained the following comparative data at December 31. 2020 2019 Accounts receivable $39,000 $57,000 Accounts payable 39,000 32,000 Income taxes payable 4,200 8,900 (Accounts payable pertains to operating expenses.) Prepare the...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT