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Financial Analysis and Reporting > Cash Flow Statement Direct & Indirect Method Exercise > Flashcards

Cash Flow Statement Direct & Indirect Method Exercise Flashcards

1
Q

Sales

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

Inflow

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2
Q

Cost of goods sold

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

(Outflow)

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3
Q

Income before income taxes

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

Not part of the Cash Flow Statement

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4
Q

Income taxes

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

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5
Q

Net income

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

Not part of the Cash Flow Statement

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6
Q

Increase in Accounts receivable

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

(Outflow)

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7
Q

Decrease in Prepaid expenses

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

Inflow

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8
Q

Increase in Accounts payable

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

Inflow

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9
Q

Increase in Income tax payable

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

Inflow

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10
Q

Increase in Inventory

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

(Outflow)

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11
Q

Increase in Accumulated depreciation

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

Non-cash Activity

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12
Q

Decrease in Accrued liabilities

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

(Outflow)

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13
Q

Decrease in Inventory

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

Inflow

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14
Q

Increase in Long-term investments

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

b. Investing Activity

(Outflow)

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15
Q

Increase in Plant and equipment

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

b. Investing Activity

(Outflow)

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16
Q

Decrease in Accounts payable

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

(Outflow)

17
Q

Increase Accrued liabilities

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

Inflow

18
Q

Decrease in Taxes payable

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

(Outflow)

19
Q

Decrease in Bonds payable

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

c. Financing Activity

(Outflow)

20
Q

Increase in Deferred taxes

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

a. Operating Activity

Inflow

21
Q

Increase in Common stock

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

c. Financing Activity

Inflow

22
Q

Increase in Retained earnings

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

Not part of the Cash Flow Statement

23
Q

Total liabilities and SHE

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

Not part of the Cash Flow Statement

24
Q

Net operating income

a. Operating Activity
b. Investing Activity
c. Financing Activity

A

Not part of the Cash Flow Statement

Financial Analysis and Reporting (9 decks)

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