Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need help correcting and completing Peugeot SA. reports the following financial information for the year ended December 31, 2014 (euros in millions). (Hint: Each line

need help correcting and completing

image text in transcribedimage text in transcribed
Peugeot SA. reports the following financial information for the year ended December 31, 2014 (euros in millions). (Hint: Each line item below is titled, and any necessary parentheses added, as it is reported in the statement of cash flows.) Net income (loss) (822) Cash from issuances of shares 2, 961 Depreciation and amortization 2,530 cash paid for other financing activities (1,891) Losses on disposals and other 42 Cash from disposal of plant assets & intangibles 206 Net decrease in current operating assets 5 other 2,314 Cash paid for plant assets, intangibles & other (2,542) Cash paid for dividends (53) Cash and cash equivalents, December 31, 2013 3,162 Prepare its statement of cash ows under the indirect method. [Enter your answers in millions. Amounts to be deducted should be indicated with a minus sign.) 9 Answer is not complete. Cash flows from operating activities Net loss 9 s (822) e Adjustments to reconcile net income to net cash provided by operating activities Depreciation and amortization 0 2,530 a Losses on disposals and other 0 42 o Depreciation and amortization 9 Net decrease in current operating assets & other 0 2,314 0 Net cash from operating activities E 4,064 Cash flows from investing activities Cash from disposal of plant assets & intangibles a 206 a Cash paid for plant assets, intangibles it: other o (2.542) a Cash paid for other nancing activities 9 (2.335) Cash flows from nancing activities Cash from issuances of shares 0 2,961 0 Cash paid for other nancing activities 0 {1.891} a Cash paid for dividends Q (53) 9 Cash paid for other nancing activities 9 1,012 9 Net cash from nancing activities 2,024 Net increase in cash E 3,752 Cash and cash equivalents, Dec 31, 2013 5,422 9 Cash and cash equivalents, Dec 31, 2014 E 9,174

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

Step: 3

blur-text-image

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

Access For Computer Accounting

Authors: Donna Kay

19th Edition

1259741109, 9781259741104

More Books

Students also viewed these Accounting questions