Question A firm reported ($ in millions) net cash inflows

Question
A firm reported ($ in millions) net cash inflows (outflows) as follows: operating $67, investing ($195), and financing $353. The beginning cash balance was $259. What was the ending cash balance?
$128.
$874.
$484.
$34.
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Bowers Corporation reported the following ($ in 000s) for the year:
Balance
Beginning
Ending
Accounts receivable
$520
$810
Sales on account were $1,820 for the year. How much cash was collected from customers on account?
$1,520.
$2,100.
$1,551.
$1,530.
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S Company reported net income for 2016 in the amount of $440,000. The company’s financial statements also included the following:
Increase in accounts receivable
$ 75,000
Decrease in inventory
63,000
Increase in accounts payable
220,000
Depreciation expense
110,000
Gain on sale of land
141,000
What is net cash provided by operating activities under the indirect method?
$1,049,000.
$547,000.
$767,000.
$617,000.
Hemmer Company reported net income for 2016 in the amount of $44,000. The company’s financial statements also included the following:
Decrease in accounts receivable
$6,500
Increase in inventory
1,800
Depreciation expense
3,400
What is net cash provided by operating activities?
$47,400.
$42,400.
$39,300.
$52,100.
Alpha Company had the following account balances for 2016:
Dec. 31
Jan. 1
Accounts receivable
$40,000
$31,000
Accounts payable
46,000
51,000
Alpha reported net income of $240,000 for 2016. Assuming no other changes in current account balances, what is the amount of net cash provided by operating activities for 2016 reported in the statement of cash flows?
$236,000.
$226,000.
$244,000.
$254,000.
Creble Company reported net income for 2016 in the amount of $42,000. The company’s financial statements also included the following:
Increase in accounts receivable
$4,300
Decrease in inventory
1,800
Depreciation expense
3,300
Gain on sale of equipment
5,000
In the statement of cash flows what is net cash provided by operating activities under the indirect method?
$42,800.
$31,200.
$37,800.
$56,400.
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Selected information from Peridot Corporation’s accounting records and financial statements for 2016 is as follows ($ in millions):
Cash paid to acquire machinery
$40
Retired common stock
59
Proceeds from sale of land
92
Gain from the sale of land
51
Investment revenue received
75
Cash paid to acquire office equipment
85
In its statement of cash flows, Peridot should report net cash outflows from investing activities of:
rev: 01_03_2016
$33 million.
$41 million.
$94 million.
$116 million.
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In preparing its cash flow statement for the year ended December 31, 2016, Red Co. gathered the following data:
Gain on sale of land
$ 12,500
Proceeds from sale of land
24,000
Purchase of Blue, Inc., bonds (face value $214,000)
351,000
Amortization of bond discount
5,000
Cash dividends declared
91,000
Cash dividends paid
78,000
Proceeds from sales of Red Co. common stock
158,000
In its December 31, 2016, statement of cash flows, what amount should Red report as net cash outflows from investing activities?
$327,000.
$375,000.
$314,500.
$190,000.
In preparing its cash flow statement for the year ended December 31, 2016, Green Co. gathered the following data:
Gain on sale of land
$ 12,700
Proceeds from sale of land
21,000
Purchase of Black, Inc., bonds (face value $220,000)
364,000
Amortization of bond discount
4,100
Cash dividends declared
100,000
Cash dividends paid
74,000
Proceeds from sales of Green Co. common stock
157,000
In its December 31, 2016, statement of cash flows, what amount should Green report as net cash from financing activities?
$57,000.
$144,000.
$83,000.
$26,000.
During 2016, T Company engaged in the following activities:
Distribution of cash dividends declared in 2015
$66
Fair value of shares issued in a stock dividend
300
Payment to retire bonds
617
Proceeds from the sale of treasury stock (cost: $72)
83
In T’s statement of cash flows, what were net cash outflows from financing activities for 2016?
$1,000.
$766.
$600.
$534.
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1.A firm reported ($ in millions) net cash inflows (outflows) as follows: operating $67,investing ($195), and financing $353. The beginning cash balance was $259. What wasthe ending cash balance?$128.$874.$484.$34.2.Bowers Corporation reported the following ($ in 000s) for the year:BalanceBeginningEndingAccounts receivable$520$810Sales on account were $1,820 for the year. How much cash was collected from customers onaccount?$1,520.$2,100.$1,551.$1,530.3.S Company reported net income for 2016 in the amount of $440,000. The company’sfinancial statements also included the following:Increase in accountsreceivable$ 75,000
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Decrease in inventory63,000Increase in accounts payable220,000Depreciation expense110,000Gain on sale of land141,000What is net cash provided by operating activities under the indirect method?$1,049,000.$547,000.$767,000.$617,000.4.Hemmer Company reported net income for 2016 in the amount of $44,000. Thecompany’s financial statements also included the following:Decrease in accountsreceivable$6,500Increase in inventory1,800Depreciation expense3,400What is net cash provided by operating activities?$47,400.$42,400.$39,300.$52,100.
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