上海对外贸易学院财管中加财务报表分析课后练习答案cha3 cha4Word文档下载推荐.docx
《上海对外贸易学院财管中加财务报表分析课后练习答案cha3 cha4Word文档下载推荐.docx》由会员分享，可在线阅读，更多相关《上海对外贸易学院财管中加财务报表分析课后练习答案cha3 cha4Word文档下载推荐.docx（23页珍藏版）》请在冰豆网上搜索。
$1,530
Cashfrominvesting:
Capitalexpenditures1,150
Cashfromfinancing:
Shorttermborrowing550
Long-termrepayment（398）
Dividends（432）
$（280）
Netchangeincash$100
Worksheetfor（IndirectMethod）CashFlowStatement
Income
BalanceSheet
Cash
Statement
12/31/00
12/31/01
Change
Effect
Netincome
$1,080
$1,080
Depreciation
600
Accountsreceivable
$1,500
$1,650
$150
（150）
Inventory
2,000
2,200
200
（200）
Accruals
800
880
80
Accountspayable
1,200
1,320
120
（600）
Netfixedassets
6,500
7,050
550
（550）
Capitalexpenditures
$（1,150）
Notepayable
5,500
6,050
Short-termborrowing
$550
Long-termdebt
1,602
（398）
Long-termdebtrepayment
$（398）
（1,080）
Retainedearnings
500
1,148
648
Dividendspaid
$（432）
_________
______
0
$100
Theworksheettocreatethecashflowstatementispresentedabove.Eachbalancesheetchange（otherthancash）isaccountedforandmatchedwithitscorrespondingactivity.Asalastcheck,thenetincomeandtheadd-backsofnon-cashitemsarebalancedand“closed”totheirrespectiveaccounts（PP&
Eandretainedearnings）providingtheamountsofcapitalexpendituresanddividends.
a.（ii）StatementofCashFlows-DirectMethod
CashfromOperations:
Cashcollections$9,850
Cashpaymentsformerchandise（6,080）
CashpaidforSG&
A（920）
Cashpaidforinterest（600）
Cashpaidfortaxes（720）
$1,530
CashforInvestingActivities:
Capitalexpenditures（1,150）
CashforFinancingActivities:
Short-termborrowing550
Long-termdebtrepayment（398）
Dividends（432）
$（280）
NetChangeinCash$100
Theworksheettocreatethecashflowstatementispresentedbelow.Eachbalancesheetchange（otherthancash）isaccountedforandmatchedwithitscorrespondingactivity.Furthermoretheoperatingaccountchangesarematchedtotheircorrespondingincomestatementitem.Asalastcheck,thenetincomeisbalancedand“closed”toretainedearningsprovidingtheamountofdividends.
Notethatthereisnodifferencebetweentheindirectanddirectmethodsinthecashflowstatementandintheworksheetforcashforinvestingandfinancingactivities,
Worksheetfor（DirectMethod）CashFlowStatement
Sales
$10,000
$1,500
$1,650
$150
CashCollections
$9,850
COGS
（6,000）
CashPaidforMerchandise
$（6,080）
SG&
Aexpense
（1,000）
CashPaidforSG&
A
$（920）
Interestexpense
CashPaidforInterest
$（600）
Taxes
（720）
CashPaidforTaxes
$（720）
CapitalExpenditures
Short-termBorrowing
$550
Long-termDebtRepaid
$（398）
Dividends
$（432）
______
_______
$0
6.{L}a.Exhibit3P-3doesnotprovidethe（changesinthe）individualcomponentsthatmakeupthechangesinworkingcapital.Assuch,tocreatethedirectmethodcashflowstatement,wemustobtaintheinformationdirectlyfromthebalancesheet.Thisproceduredoesnotnecessarilyyieldthesamecashflowcomponentsusingthedirectmethodasthoseprovidedbythecompanyinitsindirectmethodcalculations.Differencesmayarisewhen
1.thereareacquisitions/divestments
2.thereareforeignexchangeadjustments
3.thefirmaggregatesorclassifiesinvestingaccrualstogetherwithoperatingones.
Inthiscase,thedifferencesareminimalasindicatedbelow.（ThecalculationsrequiredforthedirectmethodcashflowstatementarepresentedinExhibit3S-1alongwiththeassumptionsusedtogeneratethestatement）
DirectMethodCashFlowStat
升级会员 