Accounting 202 Quiz # 9 Name 1. Indicate in what section (O, I, F) the following items will appear on the cash flow statement following US GAAP a. Interest income received on investments b. Dividends paid to shareholders c. Payment of interest on bonds d. Dividend income on investments The following questions relate to the Microsoft Cash Flows Statement for years ending 2018, 2017, and 2016. 2. How much cash was provided or used in year ending June 30, 2018 for: Operating Activities a. b. Investing Activities . Financing Activities 3. How much cash was used to pay dividends during the year ending June 30, 2018? was the net cash used for treasury stock for the year ending June 30, 2018? 4. What 5. What is the cash and cash equivalent ending balance at June 30, 2018? CASH FLOWS STATEMENTS n milliona) 2016 2017 2018 Year Ended June 30, $ 20,539 $ 25,489 Operations Net income Adjustments to reconcile net income to net cash from operations: Asset impairments Depreciation, amortization, and other Stock-based compensation expense Net recognized gains on investments and derivatives Deferred income taxes Changes in operating assets and liabilities: Accounts receivable Inventories Other current assets Other long-term assets Accounts payable 16,571 630 6,622 2,668 (223) 2,479 8.778 10,261 3,940 (2,212) (5,143) 3,266 (2,073) (829) 562 (1,216) 50 1.028 (917) (3,862) (465) (952) (285) 1,148 5,922 18,183 798 600 (1,212) (1,110) 88 81 2,565 3,820 1,792 356 Uneaned revenue Income taxes Other current liabilities Other long-term liabilities (298) (179) (406) (20) (118) 33,325 39,507 43,884 Net cash from operations Financing Proceeds from issuance (repayments) of short-term debt, maturities of 90 days or less, net Proceeds from issuance of debt 7,195 13,884 (2,796) 668 (7,324) (4,963) 44,344 7,183 (7,922) 772 (10,060) 1,002 (10,721) (12,699) (971) Repayments of debt Common stock issued Common stock repurchased Common stock cash dividends paid Other, net (15,969) (11,006) (369) (11,788) (11,845) (190) 8,408 (8,393) (33,590) Net cash from (used in) financing Investing Additions to property and equipment Acquisition of companies, net of cash acquired, and purchases of intangible and other assets Purchases of investments Maturities of investments (11,632) (8,343) (8,129) (888) (137,380) 26,360 117,577 (25,944) (176,905) 28,044 (1,393) (129,758) 22,054 93,287 136,350 Sales of investments (98) (197) Securities lending payable 203 Net cash used in investing (6,061) (46,781) (23,950) Effect of foreign exchange rates on cash and cash equivalents Net change in cash and cash equivalents Cash and cash equivalents, beginning of period 50 19 (67) 4,283 7,663 1,153 6,510 915 5,595 Cash and cash equivalents, end of period 11,946 7,663 S 6,510 Refer to accompanying notes