Answered step by step
Verified Expert Solution
Question
1 Approved Answer
4 3 2 276,710 228,964 194,062 218,532 Quarter ($ 000) Net Income Operating Activities, Cash Flows Provided By or Used In Depreciation Adjustments to net
4 3 2 276,710 228,964 194,062 218,532 Quarter ($ 000) Net Income Operating Activities, Cash Flows Provided By or Used In Depreciation Adjustments to net income 69,997 75,733 74,570 73,173 14,359 48,826 (47,993) Changes in accounts receivable (38,869) 100,732 (84,711) 39,949 82,816 (13,142) (53,218) (111,577) (114,121) (26,574) Changes in liabilities Changes in inventories 201,725 85,028 57,681 (195,186) 17,675 Changes in other operating activities 12,692 (2,097) 227,502 (13,935) 717,635 254,534 Total Cash Flow from Operating Activities Investing Activities, Cash Flows Provided By or Used In Capital expenditures Investments Other cash flows from investing activities (82,584) (5,465) (108,903) (41,634) 5,465 (100,109) (69,170) (93,153) (48,330) (58,069) 20,652 732 (196,952) (35,437) (251,331) (96,848) Total Cash Flows from Investing Activities Financing Activities, Cash Flows Provided By or Used In Dividends paid (131,483) (131,333) 78,774 1,210 515,709 114,766 Sale or purchase of stock Net borrowings Other cash flows from financing activities Total Cash Flows from Financing Activities Effect of exchange rate changes (119,452) (76,807) (283,696) (46,234) (526,189) 32,807 (121,404) (79,288) 64,885 39,763 (96,044) 6,890 (282) 462,718 (119,960) 2,000 (13,357) (610) (63,339) Change in Cash and Cash Equivalents 373,308 (27,078) 68,532 See the cash flow statement (all values in thousands of dollars) (see MyLab Finance for the data in Excel format): a. What were the company's cumulative earnings over these four quarters? What were its cumulative cash flows from operating activities? b. What fraction of the cash from operating activities was used for investment over the four quarters? c. What fraction of the cash from operating activities was used for financing activities over the four quarters? a. What were the company's cumulative earnings over these four quarters? The cumulative earnings were $(000). (Round to the nearest integer.) What were its cumulative cash flows from operating activities? The cumulative cash flows from the operating activities were $ (000). (Round to the nearest integer.) b. What fraction of the cash from operating activities was used for investment over the four quarters? The fraction of the cash from operating activities used for investment was %. (Round to two decimal places.) c. What fraction of the cash from operating activities was used for financing activities over the four quarters? The fraction of the cash from operating activities used for financing activities was %. (Round to two decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started