Statement of Cash Flows Flashcards

2
Q

What items are included in operating activities on the Statement of Cash Flows?

A

Cash received from Customers- Interest & Dividends- Trading Securities

Cash paid to Vendors- Suppliers- Interest- Taxes- Trading Securities

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3
Q

What items are included in investing activities on a Statement of Cash Flows?

A

Cash received: Sale of PP&E- Sale of Investments- Loan Principle

Cash paid: Loans- Acquisitions- AFS or HTM Securities- Taxes- Trading Securities

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4
Q

What items are included in Financing Activities in a Statement of Cash Flows?

A

Cash received: Issuance of Stock- Issuance of Debt

Cash paid: Dividends

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5
Q

What is the direct method for a Statement of Cash Flows?

A

Starts with Income from Continuing Operations

Adjusts for changes in accounts like A/R- A/P- Inventory and non-cash revenues- expenses- gains- losses

If used- the Indirect Method must also be shown

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6
Q

What is the Indirect Method for a Statement of Cash Flows?

A

Starts with Net Income

Adjusts for changes in accounts like A/R- A/P- Inventory and non-cash revenues- expenses- gains- losses

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7
Q

Basic EPS

A

(NI - Prefer div)/WACSO

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8
Q

What do you report with a simple capital structure?

A

Basic EPS only

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9
Q

WACSO

A
Shares out. at beg of pd
\+ shares sold (time weighted)
(Shares reacq) (time weighted)
\+ stick div and splits (retroactive)
(Reverse stock splits) (retroactive)
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10
Q

What do you report with a complex

Capital structure?

A

Basic and diluted EPS

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11
Q

Diluted EPS

A

Inc avail to CSh (NI - pref div) + int on dilutive securities/WACSO, assuming all dilutive securities are concerted to CS

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12
Q

Compute additional shares for options and similar interests

A

Shares issued
((# of shares*exercise price)/avg mkt price))

Add this to WACSO

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13
Q

Dilutive securities

A

Decreases EPS

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14
Q

Anti dilutive securities

A

Increases EPS

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15
Q

Statement of CF

A
Net cash provided by (used in) op act +
Net cash provided by (used in) invest act -
Net cash provided by (used in) fin act +/-
---------------
Net increase (decrease) in cash
\+ cash & equivalents at beg of yr
---------------
Cash & equivalent at end of yr
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