SlideShare uma empresa Scribd logo
1 de 1
The income statement and a schedule reconciling cash flows from operating activities to net
income are provided below ($ in millions) for Mike Roe Computers. Calculate each of the
following amounts for Mike Roe Computers: (Enter your answers in millions of dollars rounded
to 2 decimal places. Input all amounts as positive values.) Cash received from customers during
the reporting period. $ Cash paid to suppliers of goods during the reporting period. $ Cash paid
to employees during the reporting period. $ Cash paid for interest during the reporting period. $
Cash paid for insurance during the reporting period. $ Cash paid for income taxes during the
reporting period. $ Prepare the cash flows from operating activities section of the statement of
cash flows (direct method). (Enter your answers in millions of dollars rounded to 2 decimal
places. Amounts to be deducted should be indicated with a minus sign.) Cash Flows From
Operating Activities: $ Net cash flows from opera
Solution
1 Calculate amount each of following $ a Cash recevied from customer =151.20+5.60 156.8 b
Cash paid to supplier =90.60-9.60 81 c Cash paid to employees =21.20-3.60 17.6 d Cash paid for
interest =6.60+3.30 9.9 e Cash paid for insurance =13.20-2.60 10.6 f Cash paid for income taxes
=11.50-6.60 4.9 2 Cash flow from operating activities (Direct method) $ a Cash recevied from
customer =151.20+5.60 156.8 b Cash paid to supplier =90.60-9.60 81 c Cash paid to employees
=21.20-3.60 17.6 d Cash paid for interest =6.60+3.30 9.9 e Cash paid for insurance =13.20-2.60
10.6 f Cash paid for income taxes =11.50-6.60 4.9 Net Cash flow from operating activities($)
32.8

Mais conteúdo relacionado

Semelhante a The income statement and a schedule reconciling cash flows from operat.docx

Acct 505 final exam (new) all 3 set
Acct 505 final exam (new) all 3 setAcct 505 final exam (new) all 3 set
Acct 505 final exam (new) all 3 setniharikaa14
 
Brief Exercise 18-3Travel Inc. sells tickets for a Caribbean cruis.docx
Brief Exercise 18-3Travel Inc. sells tickets for a Caribbean cruis.docxBrief Exercise 18-3Travel Inc. sells tickets for a Caribbean cruis.docx
Brief Exercise 18-3Travel Inc. sells tickets for a Caribbean cruis.docxaman341480
 
Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016powellabril
 
Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016powellabril
 
Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016alicalland
 
Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016powellabril
 
Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016powellabril
 
Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016sergejsvolkovs10
 
1. The Higgins Company has just purchased a piece of equipment at .docx
1. The Higgins Company has just purchased a piece of equipment at .docx1. The Higgins Company has just purchased a piece of equipment at .docx
1. The Higgins Company has just purchased a piece of equipment at .docxjackiewalcutt
 
ACCT 505 Final Exam Guide (New) All 3 Set
ACCT 505 Final Exam Guide (New) All 3 SetACCT 505 Final Exam Guide (New) All 3 Set
ACCT 505 Final Exam Guide (New) All 3 Setsonjon08
 
Acct 505 final exam (new) all 3 set
Acct 505 final exam (new) all 3 setAcct 505 final exam (new) all 3 set
Acct 505 final exam (new) all 3 setsonjon07
 
Student ID 21458913 Exam 061684RR - The Impact of Manage.docx
Student ID 21458913 Exam 061684RR - The Impact of Manage.docxStudent ID 21458913 Exam 061684RR - The Impact of Manage.docx
Student ID 21458913 Exam 061684RR - The Impact of Manage.docxemelyvalg9
 
ACCT 505 Final Exam (New) All 3 Set3
ACCT 505 Final Exam (New) All 3 Set3ACCT 505 Final Exam (New) All 3 Set3
ACCT 505 Final Exam (New) All 3 Set3critterc06
 
Audit and Assurance MCQ Subjective Questions 2019 - PPT
Audit and Assurance MCQ Subjective Questions 2019 - PPTAudit and Assurance MCQ Subjective Questions 2019 - PPT
Audit and Assurance MCQ Subjective Questions 2019 - PPTCA Test Series
 
Gj11e ch02
Gj11e ch02Gj11e ch02
Gj11e ch02geojan88
 
#1Listed below are items that are commonly accounted for differe.docx
#1Listed below are items that are commonly accounted for differe.docx#1Listed below are items that are commonly accounted for differe.docx
#1Listed below are items that are commonly accounted for differe.docxtienmixon
 
ch02-FINANCIAL-STATEMENT.ppt
ch02-FINANCIAL-STATEMENT.pptch02-FINANCIAL-STATEMENT.ppt
ch02-FINANCIAL-STATEMENT.pptBonekaMampanf
 

Semelhante a The income statement and a schedule reconciling cash flows from operat.docx (20)

Acct 505 final exam (new) all 3 set
Acct 505 final exam (new) all 3 setAcct 505 final exam (new) all 3 set
Acct 505 final exam (new) all 3 set
 
Brief Exercise 18-3Travel Inc. sells tickets for a Caribbean cruis.docx
Brief Exercise 18-3Travel Inc. sells tickets for a Caribbean cruis.docxBrief Exercise 18-3Travel Inc. sells tickets for a Caribbean cruis.docx
Brief Exercise 18-3Travel Inc. sells tickets for a Caribbean cruis.docx
 
Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016
 
Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016
 
Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016
 
Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016
 
Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016
 
Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016Acct 220 final exam new spring 2016
Acct 220 final exam new spring 2016
 
1. The Higgins Company has just purchased a piece of equipment at .docx
1. The Higgins Company has just purchased a piece of equipment at .docx1. The Higgins Company has just purchased a piece of equipment at .docx
1. The Higgins Company has just purchased a piece of equipment at .docx
 
ACCT 505 Final Exam Guide (New) All 3 Set
ACCT 505 Final Exam Guide (New) All 3 SetACCT 505 Final Exam Guide (New) All 3 Set
ACCT 505 Final Exam Guide (New) All 3 Set
 
Acct 505 final exam (new) all 3 set
Acct 505 final exam (new) all 3 setAcct 505 final exam (new) all 3 set
Acct 505 final exam (new) all 3 set
 
Student ID 21458913 Exam 061684RR - The Impact of Manage.docx
Student ID 21458913 Exam 061684RR - The Impact of Manage.docxStudent ID 21458913 Exam 061684RR - The Impact of Manage.docx
Student ID 21458913 Exam 061684RR - The Impact of Manage.docx
 
ACCT 505 Final Exam (New) All 3 Set3
ACCT 505 Final Exam (New) All 3 Set3ACCT 505 Final Exam (New) All 3 Set3
ACCT 505 Final Exam (New) All 3 Set3
 
Audit and Assurance MCQ Subjective Questions 2019 - PPT
Audit and Assurance MCQ Subjective Questions 2019 - PPTAudit and Assurance MCQ Subjective Questions 2019 - PPT
Audit and Assurance MCQ Subjective Questions 2019 - PPT
 
Gj11e ch02
Gj11e ch02Gj11e ch02
Gj11e ch02
 
#1Listed below are items that are commonly accounted for differe.docx
#1Listed below are items that are commonly accounted for differe.docx#1Listed below are items that are commonly accounted for differe.docx
#1Listed below are items that are commonly accounted for differe.docx
 
Cap budget
Cap budgetCap budget
Cap budget
 
ch02-FINANCIAL-STATEMENT.ppt
ch02-FINANCIAL-STATEMENT.pptch02-FINANCIAL-STATEMENT.ppt
ch02-FINANCIAL-STATEMENT.ppt
 
ch02.ppt
ch02.pptch02.ppt
ch02.ppt
 
ch02.ppt
ch02.pptch02.ppt
ch02.ppt
 

Mais de ellenj4

The function and process whereby physicians- nurses- and social worker.docx
The function and process whereby physicians- nurses- and social worker.docxThe function and process whereby physicians- nurses- and social worker.docx
The function and process whereby physicians- nurses- and social worker.docxellenj4
 
The four components of aggregate expenditures are- Question 3 options-.docx
The four components of aggregate expenditures are- Question 3 options-.docxThe four components of aggregate expenditures are- Question 3 options-.docx
The four components of aggregate expenditures are- Question 3 options-.docxellenj4
 
The IS staff wants to know about important management tools built into.docx
The IS staff wants to know about important management tools built into.docxThe IS staff wants to know about important management tools built into.docx
The IS staff wants to know about important management tools built into.docxellenj4
 
The Inventive Co- is considering a new project- This project requires.docx
The Inventive Co- is considering a new project- This project requires.docxThe Inventive Co- is considering a new project- This project requires.docx
The Inventive Co- is considering a new project- This project requires.docxellenj4
 
The internal document that is prepared to notify the appropriate perso.docx
The internal document that is prepared to notify the appropriate perso.docxThe internal document that is prepared to notify the appropriate perso.docx
The internal document that is prepared to notify the appropriate perso.docxellenj4
 
The Impact of Technology on the Developing Child name 7 negative ways.docx
The Impact of Technology on the Developing Child name 7 negative ways.docxThe Impact of Technology on the Developing Child name 7 negative ways.docx
The Impact of Technology on the Developing Child name 7 negative ways.docxellenj4
 
The Homeland Security Act of 2002 is divided into 17 titles while brin.docx
The Homeland Security Act of 2002 is divided into 17 titles while brin.docxThe Homeland Security Act of 2002 is divided into 17 titles while brin.docx
The Homeland Security Act of 2002 is divided into 17 titles while brin.docxellenj4
 
The Homeland Security Act of 2002 is divided into 17 titles while brin (1).docx
The Homeland Security Act of 2002 is divided into 17 titles while brin (1).docxThe Homeland Security Act of 2002 is divided into 17 titles while brin (1).docx
The Homeland Security Act of 2002 is divided into 17 titles while brin (1).docxellenj4
 
The following table contains national income accounting data for a hyp.docx
The following table contains national income accounting data for a hyp.docxThe following table contains national income accounting data for a hyp.docx
The following table contains national income accounting data for a hyp.docxellenj4
 
The following items are taken from the financial statements of the Pos.docx
The following items are taken from the financial statements of the Pos.docxThe following items are taken from the financial statements of the Pos.docx
The following items are taken from the financial statements of the Pos.docxellenj4
 
The following program has already been written to populate its data ar.docx
The following program has already been written to populate its data ar.docxThe following program has already been written to populate its data ar.docx
The following program has already been written to populate its data ar.docxellenj4
 
The German philosopher Immanuel Kant condemned Utilitarianism as an im.docx
The German philosopher Immanuel Kant condemned Utilitarianism as an im.docxThe German philosopher Immanuel Kant condemned Utilitarianism as an im.docx
The German philosopher Immanuel Kant condemned Utilitarianism as an im.docxellenj4
 
The graph of temperature versus molar mass is given for the hydrides o.docx
The graph of temperature versus molar mass is given for the hydrides o.docxThe graph of temperature versus molar mass is given for the hydrides o.docx
The graph of temperature versus molar mass is given for the hydrides o.docxellenj4
 
The general role of financial intermediaries is to- A-Provide advice t (1).docx
The general role of financial intermediaries is to- A-Provide advice t (1).docxThe general role of financial intermediaries is to- A-Provide advice t (1).docx
The general role of financial intermediaries is to- A-Provide advice t (1).docxellenj4
 
The general role of financial intermediaries is to- A-Provide advice t.docx
The general role of financial intermediaries is to- A-Provide advice t.docxThe general role of financial intermediaries is to- A-Provide advice t.docx
The general role of financial intermediaries is to- A-Provide advice t.docxellenj4
 
The functional group RCO2R-' is characteristic of a(n) ____- 1) 2) 3).docx
The functional group RCO2R-' is characteristic of a(n) ____- 1) 2) 3).docxThe functional group RCO2R-' is characteristic of a(n) ____- 1) 2) 3).docx
The functional group RCO2R-' is characteristic of a(n) ____- 1) 2) 3).docxellenj4
 
The following information pertains to Naomi Campbell Company as of Dec.docx
The following information pertains to Naomi Campbell Company as of Dec.docxThe following information pertains to Naomi Campbell Company as of Dec.docx
The following information pertains to Naomi Campbell Company as of Dec.docxellenj4
 
The G Banking Group recently reported that it was offshoring (moving).docx
The G Banking Group recently reported that it was offshoring (moving).docxThe G Banking Group recently reported that it was offshoring (moving).docx
The G Banking Group recently reported that it was offshoring (moving).docxellenj4
 
Please do not answer if you-'re unsure of the answer- Thanks!.docx
Please do not answer if you-'re unsure of the answer- Thanks!.docxPlease do not answer if you-'re unsure of the answer- Thanks!.docx
Please do not answer if you-'re unsure of the answer- Thanks!.docxellenj4
 
Please describe the process of the Implementation of Role-based access.docx
Please describe the process of the Implementation of Role-based access.docxPlease describe the process of the Implementation of Role-based access.docx
Please describe the process of the Implementation of Role-based access.docxellenj4
 

Mais de ellenj4 (20)

The function and process whereby physicians- nurses- and social worker.docx
The function and process whereby physicians- nurses- and social worker.docxThe function and process whereby physicians- nurses- and social worker.docx
The function and process whereby physicians- nurses- and social worker.docx
 
The four components of aggregate expenditures are- Question 3 options-.docx
The four components of aggregate expenditures are- Question 3 options-.docxThe four components of aggregate expenditures are- Question 3 options-.docx
The four components of aggregate expenditures are- Question 3 options-.docx
 
The IS staff wants to know about important management tools built into.docx
The IS staff wants to know about important management tools built into.docxThe IS staff wants to know about important management tools built into.docx
The IS staff wants to know about important management tools built into.docx
 
The Inventive Co- is considering a new project- This project requires.docx
The Inventive Co- is considering a new project- This project requires.docxThe Inventive Co- is considering a new project- This project requires.docx
The Inventive Co- is considering a new project- This project requires.docx
 
The internal document that is prepared to notify the appropriate perso.docx
The internal document that is prepared to notify the appropriate perso.docxThe internal document that is prepared to notify the appropriate perso.docx
The internal document that is prepared to notify the appropriate perso.docx
 
The Impact of Technology on the Developing Child name 7 negative ways.docx
The Impact of Technology on the Developing Child name 7 negative ways.docxThe Impact of Technology on the Developing Child name 7 negative ways.docx
The Impact of Technology on the Developing Child name 7 negative ways.docx
 
The Homeland Security Act of 2002 is divided into 17 titles while brin.docx
The Homeland Security Act of 2002 is divided into 17 titles while brin.docxThe Homeland Security Act of 2002 is divided into 17 titles while brin.docx
The Homeland Security Act of 2002 is divided into 17 titles while brin.docx
 
The Homeland Security Act of 2002 is divided into 17 titles while brin (1).docx
The Homeland Security Act of 2002 is divided into 17 titles while brin (1).docxThe Homeland Security Act of 2002 is divided into 17 titles while brin (1).docx
The Homeland Security Act of 2002 is divided into 17 titles while brin (1).docx
 
The following table contains national income accounting data for a hyp.docx
The following table contains national income accounting data for a hyp.docxThe following table contains national income accounting data for a hyp.docx
The following table contains national income accounting data for a hyp.docx
 
The following items are taken from the financial statements of the Pos.docx
The following items are taken from the financial statements of the Pos.docxThe following items are taken from the financial statements of the Pos.docx
The following items are taken from the financial statements of the Pos.docx
 
The following program has already been written to populate its data ar.docx
The following program has already been written to populate its data ar.docxThe following program has already been written to populate its data ar.docx
The following program has already been written to populate its data ar.docx
 
The German philosopher Immanuel Kant condemned Utilitarianism as an im.docx
The German philosopher Immanuel Kant condemned Utilitarianism as an im.docxThe German philosopher Immanuel Kant condemned Utilitarianism as an im.docx
The German philosopher Immanuel Kant condemned Utilitarianism as an im.docx
 
The graph of temperature versus molar mass is given for the hydrides o.docx
The graph of temperature versus molar mass is given for the hydrides o.docxThe graph of temperature versus molar mass is given for the hydrides o.docx
The graph of temperature versus molar mass is given for the hydrides o.docx
 
The general role of financial intermediaries is to- A-Provide advice t (1).docx
The general role of financial intermediaries is to- A-Provide advice t (1).docxThe general role of financial intermediaries is to- A-Provide advice t (1).docx
The general role of financial intermediaries is to- A-Provide advice t (1).docx
 
The general role of financial intermediaries is to- A-Provide advice t.docx
The general role of financial intermediaries is to- A-Provide advice t.docxThe general role of financial intermediaries is to- A-Provide advice t.docx
The general role of financial intermediaries is to- A-Provide advice t.docx
 
The functional group RCO2R-' is characteristic of a(n) ____- 1) 2) 3).docx
The functional group RCO2R-' is characteristic of a(n) ____- 1) 2) 3).docxThe functional group RCO2R-' is characteristic of a(n) ____- 1) 2) 3).docx
The functional group RCO2R-' is characteristic of a(n) ____- 1) 2) 3).docx
 
The following information pertains to Naomi Campbell Company as of Dec.docx
The following information pertains to Naomi Campbell Company as of Dec.docxThe following information pertains to Naomi Campbell Company as of Dec.docx
The following information pertains to Naomi Campbell Company as of Dec.docx
 
The G Banking Group recently reported that it was offshoring (moving).docx
The G Banking Group recently reported that it was offshoring (moving).docxThe G Banking Group recently reported that it was offshoring (moving).docx
The G Banking Group recently reported that it was offshoring (moving).docx
 
Please do not answer if you-'re unsure of the answer- Thanks!.docx
Please do not answer if you-'re unsure of the answer- Thanks!.docxPlease do not answer if you-'re unsure of the answer- Thanks!.docx
Please do not answer if you-'re unsure of the answer- Thanks!.docx
 
Please describe the process of the Implementation of Role-based access.docx
Please describe the process of the Implementation of Role-based access.docxPlease describe the process of the Implementation of Role-based access.docx
Please describe the process of the Implementation of Role-based access.docx
 

Último

Oppenheimer Film Discussion for Philosophy and Film
Oppenheimer Film Discussion for Philosophy and FilmOppenheimer Film Discussion for Philosophy and Film
Oppenheimer Film Discussion for Philosophy and FilmStan Meyer
 
THEORIES OF ORGANIZATION-PUBLIC ADMINISTRATION
THEORIES OF ORGANIZATION-PUBLIC ADMINISTRATIONTHEORIES OF ORGANIZATION-PUBLIC ADMINISTRATION
THEORIES OF ORGANIZATION-PUBLIC ADMINISTRATIONHumphrey A Beña
 
Karra SKD Conference Presentation Revised.pptx
Karra SKD Conference Presentation Revised.pptxKarra SKD Conference Presentation Revised.pptx
Karra SKD Conference Presentation Revised.pptxAshokKarra1
 
Transaction Management in Database Management System
Transaction Management in Database Management SystemTransaction Management in Database Management System
Transaction Management in Database Management SystemChristalin Nelson
 
INTRODUCTION TO CATHOLIC CHRISTOLOGY.pptx
INTRODUCTION TO CATHOLIC CHRISTOLOGY.pptxINTRODUCTION TO CATHOLIC CHRISTOLOGY.pptx
INTRODUCTION TO CATHOLIC CHRISTOLOGY.pptxHumphrey A Beña
 
Inclusivity Essentials_ Creating Accessible Websites for Nonprofits .pdf
Inclusivity Essentials_ Creating Accessible Websites for Nonprofits .pdfInclusivity Essentials_ Creating Accessible Websites for Nonprofits .pdf
Inclusivity Essentials_ Creating Accessible Websites for Nonprofits .pdfTechSoup
 
Measures of Position DECILES for ungrouped data
Measures of Position DECILES for ungrouped dataMeasures of Position DECILES for ungrouped data
Measures of Position DECILES for ungrouped dataBabyAnnMotar
 
Integumentary System SMP B. Pharm Sem I.ppt
Integumentary System SMP B. Pharm Sem I.pptIntegumentary System SMP B. Pharm Sem I.ppt
Integumentary System SMP B. Pharm Sem I.pptshraddhaparab530
 
Choosing the Right CBSE School A Comprehensive Guide for Parents
Choosing the Right CBSE School A Comprehensive Guide for ParentsChoosing the Right CBSE School A Comprehensive Guide for Parents
Choosing the Right CBSE School A Comprehensive Guide for Parentsnavabharathschool99
 
How to Add Barcode on PDF Report in Odoo 17
How to Add Barcode on PDF Report in Odoo 17How to Add Barcode on PDF Report in Odoo 17
How to Add Barcode on PDF Report in Odoo 17Celine George
 
Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)Mark Reed
 
Student Profile Sample - We help schools to connect the data they have, with ...
Student Profile Sample - We help schools to connect the data they have, with ...Student Profile Sample - We help schools to connect the data they have, with ...
Student Profile Sample - We help schools to connect the data they have, with ...Seán Kennedy
 
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptxQ4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptxlancelewisportillo
 
EmpTech Lesson 18 - ICT Project for Website Traffic Statistics and Performanc...
EmpTech Lesson 18 - ICT Project for Website Traffic Statistics and Performanc...EmpTech Lesson 18 - ICT Project for Website Traffic Statistics and Performanc...
EmpTech Lesson 18 - ICT Project for Website Traffic Statistics and Performanc...liera silvan
 
Field Attribute Index Feature in Odoo 17
Field Attribute Index Feature in Odoo 17Field Attribute Index Feature in Odoo 17
Field Attribute Index Feature in Odoo 17Celine George
 
ROLES IN A STAGE PRODUCTION in arts.pptx
ROLES IN A STAGE PRODUCTION in arts.pptxROLES IN A STAGE PRODUCTION in arts.pptx
ROLES IN A STAGE PRODUCTION in arts.pptxVanesaIglesias10
 
Virtual-Orientation-on-the-Administration-of-NATG12-NATG6-and-ELLNA.pdf
Virtual-Orientation-on-the-Administration-of-NATG12-NATG6-and-ELLNA.pdfVirtual-Orientation-on-the-Administration-of-NATG12-NATG6-and-ELLNA.pdf
Virtual-Orientation-on-the-Administration-of-NATG12-NATG6-and-ELLNA.pdfErwinPantujan2
 
ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...
ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...
ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...JojoEDelaCruz
 

Último (20)

Oppenheimer Film Discussion for Philosophy and Film
Oppenheimer Film Discussion for Philosophy and FilmOppenheimer Film Discussion for Philosophy and Film
Oppenheimer Film Discussion for Philosophy and Film
 
THEORIES OF ORGANIZATION-PUBLIC ADMINISTRATION
THEORIES OF ORGANIZATION-PUBLIC ADMINISTRATIONTHEORIES OF ORGANIZATION-PUBLIC ADMINISTRATION
THEORIES OF ORGANIZATION-PUBLIC ADMINISTRATION
 
Karra SKD Conference Presentation Revised.pptx
Karra SKD Conference Presentation Revised.pptxKarra SKD Conference Presentation Revised.pptx
Karra SKD Conference Presentation Revised.pptx
 
Transaction Management in Database Management System
Transaction Management in Database Management SystemTransaction Management in Database Management System
Transaction Management in Database Management System
 
INTRODUCTION TO CATHOLIC CHRISTOLOGY.pptx
INTRODUCTION TO CATHOLIC CHRISTOLOGY.pptxINTRODUCTION TO CATHOLIC CHRISTOLOGY.pptx
INTRODUCTION TO CATHOLIC CHRISTOLOGY.pptx
 
Inclusivity Essentials_ Creating Accessible Websites for Nonprofits .pdf
Inclusivity Essentials_ Creating Accessible Websites for Nonprofits .pdfInclusivity Essentials_ Creating Accessible Websites for Nonprofits .pdf
Inclusivity Essentials_ Creating Accessible Websites for Nonprofits .pdf
 
Measures of Position DECILES for ungrouped data
Measures of Position DECILES for ungrouped dataMeasures of Position DECILES for ungrouped data
Measures of Position DECILES for ungrouped data
 
Integumentary System SMP B. Pharm Sem I.ppt
Integumentary System SMP B. Pharm Sem I.pptIntegumentary System SMP B. Pharm Sem I.ppt
Integumentary System SMP B. Pharm Sem I.ppt
 
YOUVE_GOT_EMAIL_PRELIMS_EL_DORADO_2024.pptx
YOUVE_GOT_EMAIL_PRELIMS_EL_DORADO_2024.pptxYOUVE_GOT_EMAIL_PRELIMS_EL_DORADO_2024.pptx
YOUVE_GOT_EMAIL_PRELIMS_EL_DORADO_2024.pptx
 
Choosing the Right CBSE School A Comprehensive Guide for Parents
Choosing the Right CBSE School A Comprehensive Guide for ParentsChoosing the Right CBSE School A Comprehensive Guide for Parents
Choosing the Right CBSE School A Comprehensive Guide for Parents
 
How to Add Barcode on PDF Report in Odoo 17
How to Add Barcode on PDF Report in Odoo 17How to Add Barcode on PDF Report in Odoo 17
How to Add Barcode on PDF Report in Odoo 17
 
Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)
 
Student Profile Sample - We help schools to connect the data they have, with ...
Student Profile Sample - We help schools to connect the data they have, with ...Student Profile Sample - We help schools to connect the data they have, with ...
Student Profile Sample - We help schools to connect the data they have, with ...
 
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptxQ4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
 
EmpTech Lesson 18 - ICT Project for Website Traffic Statistics and Performanc...
EmpTech Lesson 18 - ICT Project for Website Traffic Statistics and Performanc...EmpTech Lesson 18 - ICT Project for Website Traffic Statistics and Performanc...
EmpTech Lesson 18 - ICT Project for Website Traffic Statistics and Performanc...
 
Field Attribute Index Feature in Odoo 17
Field Attribute Index Feature in Odoo 17Field Attribute Index Feature in Odoo 17
Field Attribute Index Feature in Odoo 17
 
ROLES IN A STAGE PRODUCTION in arts.pptx
ROLES IN A STAGE PRODUCTION in arts.pptxROLES IN A STAGE PRODUCTION in arts.pptx
ROLES IN A STAGE PRODUCTION in arts.pptx
 
Virtual-Orientation-on-the-Administration-of-NATG12-NATG6-and-ELLNA.pdf
Virtual-Orientation-on-the-Administration-of-NATG12-NATG6-and-ELLNA.pdfVirtual-Orientation-on-the-Administration-of-NATG12-NATG6-and-ELLNA.pdf
Virtual-Orientation-on-the-Administration-of-NATG12-NATG6-and-ELLNA.pdf
 
ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...
ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...
ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...
 
YOUVE GOT EMAIL_FINALS_EL_DORADO_2024.pptx
YOUVE GOT EMAIL_FINALS_EL_DORADO_2024.pptxYOUVE GOT EMAIL_FINALS_EL_DORADO_2024.pptx
YOUVE GOT EMAIL_FINALS_EL_DORADO_2024.pptx
 

The income statement and a schedule reconciling cash flows from operat.docx

  • 1. The income statement and a schedule reconciling cash flows from operating activities to net income are provided below ($ in millions) for Mike Roe Computers. Calculate each of the following amounts for Mike Roe Computers: (Enter your answers in millions of dollars rounded to 2 decimal places. Input all amounts as positive values.) Cash received from customers during the reporting period. $ Cash paid to suppliers of goods during the reporting period. $ Cash paid to employees during the reporting period. $ Cash paid for interest during the reporting period. $ Cash paid for insurance during the reporting period. $ Cash paid for income taxes during the reporting period. $ Prepare the cash flows from operating activities section of the statement of cash flows (direct method). (Enter your answers in millions of dollars rounded to 2 decimal places. Amounts to be deducted should be indicated with a minus sign.) Cash Flows From Operating Activities: $ Net cash flows from opera Solution 1 Calculate amount each of following $ a Cash recevied from customer =151.20+5.60 156.8 b Cash paid to supplier =90.60-9.60 81 c Cash paid to employees =21.20-3.60 17.6 d Cash paid for interest =6.60+3.30 9.9 e Cash paid for insurance =13.20-2.60 10.6 f Cash paid for income taxes =11.50-6.60 4.9 2 Cash flow from operating activities (Direct method) $ a Cash recevied from customer =151.20+5.60 156.8 b Cash paid to supplier =90.60-9.60 81 c Cash paid to employees =21.20-3.60 17.6 d Cash paid for interest =6.60+3.30 9.9 e Cash paid for insurance =13.20-2.60 10.6 f Cash paid for income taxes =11.50-6.60 4.9 Net Cash flow from operating activities($) 32.8