Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

CAMPBELL SOUP COMPANY Consolidated Statements of Cash Elons (millions) 2017 2016 2015 $ 887 $ 563 $ 666 212 18 60 (258) 318 93 18

image text in transcribed
image text in transcribed
image text in transcribed
CAMPBELL SOUP COMPANY Consolidated Statements of Cash Elons (millions) 2017 2016 2015 $ 887 $ 563 $ 666 212 18 60 (258) 318 93 18 141 31 61 317 308 6 102 57 118 303 (30) 6 15 24 59 28 46 (27) (48) (5) 2 (53) 1.191 15 e) 4 (58 1.491 12 (18) 10 30 (5) 11 (52) 1206 (338) Cash flows from operating activities: Net earnings Adjustments to reconcile net eamings to operating cash flow Impairment charges Restructuring charges Stock-based compensation Pension and postretirement benefit expense (income) Depreciation and amortization Deferred income taxes Other, bet Changes in working capital, set of acquisitions Accounts receivable Investories Prepaid assets Accounts payable and accrued liabilities Pension fund contributions Net receipts from hedging activities Other Net cash provided by operating activities Cash flows from investing activities: Purchases of plant assets Sales of plant assets Business acquired, net of cash acquired Othet met Net cash used in investing activities Cash flows from financing activities: Net short-term borrowing repayments) Long-term boots Long-term repayments Repayments of notes payable Dividends paid Treasury stock purchases Treasury stock is Contributions from controllaterest Payments related to withholding for stock-based compensation Othernet Ver cash winancing activities Effect of exchange rate changes on cath Net change in each and carnalents Cal and cash qualent-heginning of period Caband call qualent --- End of period See accompanyia Notes to consolidated Fiscul Statem (341) 5 (380) 15 (30) (365) (18) (350 (6) (603) 100 300 213 205 211 190 (200) (130) (20 (309) (390 (390) (143) 2 (18) (30) 1911) 11 23 01.03 3 13 Refer to the consolidated statements of cash flows in the Campbell Soup Company annual report in the appendix. Required: a. Identify the two most sigraficant sources of cash from operating activities during 2017 How much of a cash source amount do these items represent? (Enter your answers in millions.) Nereaming Depreciation and amortization expense Cash pronded by the two most significant operating sources 5 0 b. What was the fim's most significant investing activity during 2017 and how much cash did this activity use or generate? (Enter your answers in millions. Negative amounts should be indicated by a minus sign.) Purchases of plant assets c. Identify the three most significant financing activities during 2017. What was the net effect on cash of these items? (Enter your answers in millions. Negative amounts should be indicated by a minus sign.) Repayments of notes payable Dividends paid Treasury stock purchases Cash used by the three most significant financing activities 3 0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Control Systems

Authors: Kenneth Merchant, Wim Van Der Stede

5th Edition

1292444134, 9781292444130

More Books

Students also viewed these Accounting questions