上海对外贸易学院财管中加财务报表分析课后练习答案cha3cha4word版本.docxVIP

上 海 上 海 对 外 贸 易 学 院 财 管 中 加 财 务 报 表 分 析 课 后 练 习 答 案 c ha 4 c ha 3 第 1 页，共 22 页 学习————— 好资料Cha 35.{L}a. (i)Statement of Cash Flows - Indirect Method Cash from operations:Net income$1,080Add noncash expense: depreciationAdd/Subtract changes in working capital: Accounts receivable600(150)Inventory(200)Accruals80Accounts payable120(150)$1,530Cash from 学习————— 好资料 Cha 3 5.{L}a. (i) Statement of Cash Flows - Indirect Method Cash from operations: Net income $1,080 Add noncash expense: depreciation Add/Subtract changes in working capital: Accounts receivable 600 (150) Inventory (200) Accruals 80 Accounts payable 120 (150) $1,530 Cash from investing: Capital expenditures 1,150 Cash from financing: Short term borrowing 550 Long-term repayment (398) Dividends (432) $(280) Net change in cash $ 100 Worksheet for (Indirect Method) Cash Flow Statement Income Statement $1,080 600 Balance Sheet Cash Effect $1,080 600 (150) (200) 80 120 12/31/00 12/31/01 Change Net income Depreciation Accounts receivable Inventory Accruals Accounts payable $1,500 2,000 800 1,200 $1,650 2,200 880 1,320 $150 200 80 120 Depreciation Net fixed assets Capital expenditures (600) (600) (550) $(1,150) 6,500 7,050 550 精品资料 第 2 页，共 22 页 学习—————好资料Note payableShort-term borrowing5,5006,050550550$ 550Long-term debtLong-term debt repayment2,0001,602(398)(398)$ (398)Net incomeRetained earningsDividends paid(1,080)(1,080)648$ (432)5001,1486480$ 100The worksheet tocreate the 学习————— 好资料 Note payable Short-term borrowing 5,500 6,050 550 550 $ 550 Long-term debt Long-term debt repayment 2,000 1,602 (398) (398) $ (398) Net income Retained earnings Dividends paid (1,080) (1,080) 648 $ (432) 500 1,148 648 0 $ 100 The worksheet to create the cash flow statement is presented above. Each balance sheet change (other than cash) is accounted for and matched with its corresponding activity. As a last check, the net income and the add-backs of non-cash items are balanced and and retained earnings) providing dividends. “ clos