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Assuming the Depreciation Expense for Cisco during 2020 is $800, what is the net change of cash from its operating activities for its statement of
Assuming the Depreciation Expense for Cisco during 2020 is $800, what is the net change of cash from its operating activities for its statement of cash flow during 2020? Explain what your calculated net change of cash from its operating activities means to Cisco shareholders.
Cisco Inc. Cash Equivalents Trade Receivables Account Receivables Inventories Prepaid Expenses 2020 2019 $37,580 $34,374 34,895 32,016 1,255 983 -7 -7 132 145 Net Property Plant Intangible Assets Total Assets 2020 2019 Cisco Inc. $438 $455 Net Sales 446 690 Cost of Sales 1,684 1,497 Selling & Admin Expense 3,274 2,817 Interest Income 379 145 Interest Expense Other non-operating 5,130 4,053 expense 12,605 2,520 Income Before Taxes $23,956 $12,177 Income Taxes Net Income 141 0 1,806 1,359 1,207 1,138 643 513 7,535 1,895 3,720 1,039 53 $1,252 396 $856 -20 $1,257 409 $848 Short-term Debt Account Payables Accruals Unearned Revenue Long-term Debt Non-Operating Liabilities Common stock par value and Paid In capital Retained Earnings Treasury Stock Total Equity Total Liabilities + Total Equity 4,299 2,331 5,626 4,923 -1,021 -1,021 8,904 6,233 $23,956 $12,177 Cisco Inc. Cash Equivalents Trade Receivables Account Receivables Inventories Prepaid Expenses 2020 2019 $37,580 $34,374 34,895 32,016 1,255 983 -7 -7 132 145 Net Property Plant Intangible Assets Total Assets 2020 2019 Cisco Inc. $438 $455 Net Sales 446 690 Cost of Sales 1,684 1,497 Selling & Admin Expense 3,274 2,817 Interest Income 379 145 Interest Expense Other non-operating 5,130 4,053 expense 12,605 2,520 Income Before Taxes $23,956 $12,177 Income Taxes Net Income 141 0 1,806 1,359 1,207 1,138 643 513 7,535 1,895 3,720 1,039 53 $1,252 396 $856 -20 $1,257 409 $848 Short-term Debt Account Payables Accruals Unearned Revenue Long-term Debt Non-Operating Liabilities Common stock par value and Paid In capital Retained Earnings Treasury Stock Total Equity Total Liabilities + Total Equity 4,299 2,331 5,626 4,923 -1,021 -1,021 8,904 6,233 $23,956 $12,177Step by Step Solution
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