The following cash flows were reported by Techno Inc. in 2009 and 2008. (a) Explain the difference
Question:
(a) Explain the difference between net income and cash flow from operating activities for Techno in 2009.
(b) Analyze Techno Inc.'s cash flows for 2009 and2008.
Transcribed Image Text:
2009 (In thousands) Net income Noncash charges (credits) to income 2008 $316,354 $242,329 68,156 Depreciation and amortization Deferred taxes 62,591 15,39422814 $327,734 $399,904 Cash Provided (Used) by Operating Assets and Liabilities Recei vables Inventories Other current assets (288,174)(49,704) (159,419) (145,554) 3,832 73,68441079 $ 24,525 $177.387 (1,470) Accounts payable, accrued liabilities Total Cash Provided by Operations Investment activities Additions to plant and equipment Other investment activities (94,176) (93,136) 14408 (34,771) S 79,768 ($127,907 Net investment activities Financingactivities Purchases of treasury stock Dividends paid Net ch Additions to long-term borrowings Repayments of long-term borrowings (45,854) (39,267) (49,290)(22,523) 45,067 4,610 (250,564) $ 165353 ($262.677 anges in short-term borrowings 125,248 135,249 Net financing activities Increase (decrease) in cash Beginning cash balance Ending cash balance 110,110 ($213,197) 78,114 2,31 $188,224$
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (15 reviews)
a Cash provided by operations in 2009 is considerably less than net income The major reason is the 2882 million increase in accounts receivable Invent...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Understanding financial statements
ISBN: 978-0136086246
9th Edition
Authors: Lyn M. Fraser, Aileen Ormiston
Question Posted:
Students also viewed these Managerial Accounting questions
-
Explain the difference between net income and net income available to common. Which definition of income is used in earnings-per-share calculations?
-
Compute net cash flow from operating activities for Tulsa Corporation under the indirect reporting format. Tulsa Corporation provided you with the following information for the current year. Compute...
-
In general, algorithms are classified into paradigms like: greedy, dynamic, optimization, brute-force, and divide & conquer. Each of the following phrases describes one of these paradigm 1) A...
-
Use the information for Odessa, Inc., in Problem 16-50 to prepare a profit variance analysis like the one in Exhibit 16.5. Information From Problem 16-50 Actual (based on actual of 540 units) Master...
-
Did the sun begin as a small body that grew to its present size, or as a large one that subsequently shrank?
-
Great Man leadership theory assumes that: A. All leaders are great men. B. Leadership is determined by genetic and social inheritance. C. Leaders are from the working class D. A and B.
-
The Accent Corporation shows the following information. On January 1, 2012, Accent purchased a donut machine for $600,000. A) Pretax financial income is $3,200,000 in 2012 and $3,500,000 in 2013. B)...
-
(b) Find the sum of the following series W (-1)+1(2n)2-1 (2n-1)!
-
A rotating flywheel of diameter 40.0 cm uniformly accelerates from rest to 250 rad/s in 15.0 s. (a) Find its angular acceleration. (b) Find the linear velocity of a point on the rim of the wheel...
-
The following comparative balance sheets and income statement are available for Little Bit Inc. Prepare a statement of cash flows for 2009 using the indirect method and analyze thestatement. December...
-
Write a short article (250 words) for a local business publication in which you explain why cash flow from operations is important information for small business owners.
-
The velocity of a particle is v = v0 [1 sin (t/T)]. Knowing that the particle starts from the origin with an initial velocity v0, determine (a) Its position and its acceleration at t = 3T, (b) Its...
-
The process of operations strategy formulation is concerned with 'how' to reconcile market requirements with operations resources over the long term. The reason for these final two chapters is...
-
A 1500-kg car moving at 20 m/s strikes a truck waiting at a traffic light, hooking bumpers. The two continue to move together at 5 m/s. What was the mass of the truck?
-
United Overseas Airline (UOA)Company The United Overseas Airline Co. was founded five years ago by three Airline employees of TWA and Pan American airlines Company employees. The three founders own...
-
Suppose we are given the process flowchart below. There are no buffers between tasks. Task #1 and #2 produce "Part A", and Task #3 and #4 produce "Part B"; Task #5 assembles each unit of a finished...
-
The SMERF market is a very lucrative market for meetings and catering. If you were the Catering and Meetings Manager for a hotel, one of your jobs would be to bring business in to the hotel. For this...
-
If push factors can be controlled by employers, what could stop them from doing so? Women leave the workforce at higher rates than men. In part, this may help explain why only about 2 percent of top...
-
Troy is a qualified radiologist who operates a successful radiology practice from purpose- built rooms attached to his house. Troy works in the practice three days a week, and the other two days he...
-
To check your understanding of the relationship between therapies and the other tables, answer the following questions: Did any patient have a hot or cold pack application? Which therapist(s) helped...
-
Generally accepted accounting principles usually require the use of accrual accounting to fairly present income. If the cash receipts and disbursements method of accounting will clearly reflect...
-
Generally accepted accounting principles usually require the use of accrual accounting to fairly present income. If the cash receipts and disbursements method of accounting will clearly reflect...
-
Generally accepted accounting principles usually require the use of accrual accounting to fairly present income. If the cash receipts and disbursements method of accounting will clearly reflect...
-
Note: For all the questions, do not round intermediate calculations and round your final answers to the nearest two decimal places. 1. A fully amortizing CAM loan is made for $133,000 at 6 percent...
-
If a venture has a return on assets (ROA) = 20%, an equity multiplier based on beginning equity 3.75 times, Net Income of 200,000 and Dividends of 100,000, the sustainable growth rate would be: 37.5%...
-
The first step in making an adjustment for bad debts is The first step in making an adjustment for bad debts is calculate net accounts receivable calculate the bad debt adjustment report bad debt...
Study smarter with the SolutionInn App