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Answer please the Questions below as they are related in one file with explanation, Thank you so much Q1. Identify the Operating Activities, Investing Activities

Answer please the Questions below as they are related in one file with explanation, Thank you so much

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Q1. Identify the Operating Activities, Investing Activities & Financing Activity:- Collections from customers on account Payment of cash dividends Payment of interest Sale of common stock Purchase of new machinery _Purchase of land _Net Income Depreciation Expense _Sales of long-term investments- 10 years _Borrowings from a local bank _Payments to suppliers 2014 $242,329 62,591 22,814 $327,734 (49,704) (145,554) 3,832 41,079 $177,387 2. The following cash flows were reported by Techno Inc. in 2015 and 2014 (In thousands) 2015 Net income $316,354 Noncash charges (credits) to income Depreciation and amortization 68,156 Deferred taxes 15,394 $399,904 Cash Provided (Used) by Operating Assets and Liabilities: Receivables (288,174) Inventories (159,419) Other current assets (1,470) Accounts payable, accrued liabilities 73,684 Total Cash Provided by Operations $ 24,525 Investment activities Additions to plant and equipment (94,176) Other investment activities 14,408 Net investment activities ($ 79,768) Financing activities Purchases of treasury stock (45,854) Dividends paid (49,290) Net changes in short-term borrowings 125,248 Additions to long-term borrowings 135,249 Repayments of long-term borrowings Net financing activities $ 165,353 Increase (decrease) in cash $ 110,110 Beginning cash balance 78,114 Ending cash balance $ 188,224 (93,136) (34,771) ($127,907) (39,267) (22,523) 45,067 4,610 (250,564) ($262,677) ($213,197) 291,311 $ 78,114 (a) Explain the difference between net income and cash flow from operating activities for Techno in 2015. (b) Analyze Techno Inc.'s cash flows for 2015 and 2014. 3. The following comparative balance sheets and income statement are available for Omar Co. a. Prepare statement of cash flows for 2019 using the indirect method b. Analyze the statement of cash flow. + OMAR CORPORATION Income Statement For the year ended December 31, 2019 Sales 99.750 Cost of goods sold 69.825 Depreciation expense 840 Loss on sale 210 Other operating expenses 12,600 Interest expenses 1,575 Income tax expenses 3,675 Net income 11,025 2018 ($) 8,925 12.600 14,280 40,950 11,550 11,655 76.860 OMAR CORPORATION Balance Sheet December 31, 2019 Assets 2019 ($) Cash 12,600 Account receivable 18.375 Inventories 13,125 Plant and Equipment 48,300 Accumulated depreciation - equipment 12,600 Long term investment 10.185 Total Assets 89.985 Liabilities: Account payable 11,550 income tax payable 2.625 Accrued liabilities 2,835 Long term debt 11.550 Total liabilities 28,560 Equity Capital Stock 30,000 Additional paid in capital 16,725 Retained earning 14,700 Total equity 61,425 Total liability & Shareholder's equity 89,985 8.400 3.675 1.785 13.650 27.510 22,000 15,800 11,550 49,350 76,860 4. The following comparative balance sheets and income statement are available for MEMPHIS CO. a. Prepare statement of cash flows for 2019 using the indirect method b. Analyze the statement of cash flow. MEMPHIS CORPORATION Income Statement For the year ended December 31, 2019 Sales 179,4000 Cost of goods sold 108,8000 Loss on sale of equipment 3,500 Depreciation expense 53,500 Other operating expenses 500,000 Income tax expenses 22.000 Net income 127,000 2018 ($) 137,000 74,000 525,000 240,000 102,000 874,000 MEMPHIS CORPORATION Balance Sheet December 31, 2019 Assets 2019 ($) Cash 165,000 Account receivable 82,000 Inventories 620,000 Plant and Equipment 345,000 Accumulated depreciation - equipment 159,000 Total Assets 1,053,000 Liabilities: Account payable 160,000 Salaries payable 22,000 Total liabilities 182,000 Equity Capital Stock 588,000 Additional paid in capital 201,000 Retained earning 82,000 Total equity 871,000 Total liability & Shareholder's equity 1,053,000 96,000 19,000 115,000 560,000 159,000 40,000 759,000 874,000

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