Understanding Cash Flow Statements

A non-financial company, which reports under US GAAP, made the following transactions in the current account period.

Please sort them according to their most appropriate cash flow classification.

A non-financial company, which reports under IFRS, is deciding on how to classify the interest received and interest paid.

What are the options available for the company under IFRS?

Which of the following is most likely not a non-cash transaction?

What is the most appropriate treatment for non-cash transactions in the cash flow statement?

A retailer reported sales revenue of $10 million for the year.  During this period, accounts payable increased by $3 million, and accounts receivable decreased by $1 million.

What is the total cash collected from customers during the year?

A financial company recorded an interest expense of $30,000 for the year in the income statement.

The interest payable was $6,000 at the beginning of the year, and $4,000 at the end of the year.

What is the amount of cash the company paid for interest in the year?

Zanix Corp started the year with a gross PP&E of $120,000 in its balance sheet.

During the year, Zanix sold a machinery, whose book value was $35,000 when it was sold.  Zanix bought a new machine at $56,000 to replace it at the same time.  The total depreciation expense recorded for the year was $13,000.

What is the likely ending gross PP&E for Zanix?

For the past year, a manufacturing company paid $12,000 in interest payment to its debt holders, and $4,800 cash dividend to shareholders.

In the same year, the company raised $100,000 in a bonds issue, and used the proceeds to repurchase $30,000 worth of shares.

Using the available information, calculate the likely cash from financing the company received for the year. Assume the company reports under US GAAP.

Which of the following is most likely the cash flow statement for an early stage growth company?

Which of the following is most likely indicative of a growing company?

The following is a summarised cash flow statement of a retailer for the year:

CFO +$30,000

Fixed Capital Inv    $13,000

CFF -$12,000

The company did not make any interest payments during the year.

Calculate the free cash flow to the firm (FCFF) using these information.

The common size cash flow statement is least likely to be expressed as a percentage of:

Given the following data, calculate the CFO for the period for this company.

The (B)eginning and (E)nding values of certain balance sheet items is given below.

Accounts Receivable:    (B) $10,000     (E) $15,000

Accounts Payable:    (B) $23,000     (E) $16,000

Accrued Liabilities:    (B) $3,000     (E) $12,000

Inventory:    (B) $54,000     (E) $68,000

The values of selected income statement items are given below:

Net Income:     $100,000

Depreciation expense:   $13,000