Below are approximate amounts related to cash flow information reported by five companies in previous years. 1.
Question:
Below are approximate amounts related to cash flow information reported by five companies in previous years.
1. KraftHeinz reports operating cash flows of $3.6 billion, investing cash flows of $0.6 billion, and financing cash flows of −$4.2 billion. What is the amount of the change in total cash?
2. Hillshire Brands reports operating cash flows of $1.4 billion, investing cash flows of −$0.3 billion, and financing cash flows of −$1.4 billion. If the beginning cash amount is $0.7 billion, what is the ending cash amount?
3. Performance Food Group reports operating cash flows of $0.07 billion, investing cash flows of $0.63 billion, and a change in total cash of $0.04 billion. What is the amount of cash flows from financing activities?
4. Smithfield Foods reports operating cash flows of $0.60 billion, financing cash flows of $0.42 billion, and a change in total cash of $0.02 billion. What is the amount of cash flows from investing activities?
5. Tyson Foods reports investing cash flows of −$1.42 billion, financing cash flows of $1.03 billion, and a change in total cash of $0.02 billion. What is the amount of cash flows from operating activities?
Required:
Calculate the answer to each.
Step by Step Answer:
Financial Accounting
ISBN: 978-1259914898
5th edition
Authors: David Spiceland, Wayne M. Thomas, Don Herrmann