1. Using the summary of the analysis approach, what is the total cash inflows for 2019? *

A) $6,300

B) $1,000

C) $18,400

D) $5,600

E) None of the above

2. Using the summary of the analysis approach, what is the total cash outflows for 2019? *

A) $6,300

B) $1,000

C) $18,400

D) $5,600

E) None of the above

3. While analyzing the cash flow statement of Chicken Fil-A company for the year 2019, you concluded that: *

A) The company generated 75% of cash from operations and 25% from sales of common stock in 2019.

B) The Company has spent some of the cash to purchase of property, plant and equipment to expand business.

C) The company was able to reduce a large amount of its short-term & long-term debt but unable to pay any dividends to shareholders

D) All of the above.

E) None of the above.

Consider the following statement of cash flows for Chicken Fil-A company. 2020 2019 $8,100 $6,800 3,100 900 (600) 1,600 700 (700) (in thousands) Cash flows from operating activities (CFO): Net income Adjustments to reconcile net income to CFO: Depreciation and amortization Deferred income taxes Other non-cash items (Increase) decrease in operating assets and liabilities: Accounts receivable Inventories Other current assets Accounts payable Income taxes payable Accrued liabilities Net CFO Cash flows from investing activities: Purchases of property and equipment Net cash used by investing activities Cash flows from financing activities: Proceeds from common stock sales Proceeds (repayments) of short-term debt Repayment of long-term debt Net cash provided by financing activities Net increase in cash Beginning cash balance Ending cash balance (7,800) (2,300) (2,100) 1,700 (900) 2,000 (1,300) 4,100 400 (800) 1.700 700 1.500 13.800 (800) (800) (1,200) (1,200) 4,700 4,600 100 (1,100) (200) (3.300) 4.600 200 5,300 12,800 30.600 17.800 $35.900 $30.600