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Q6. DEF Corp recelved $ million from the sale of the equipment. Q7. 'Cash flow from investing activities' of DEF Corp for 2019 is $
Q6. DEF Corp recelved \$ million from the sale of the equipment. Q7. 'Cash flow from investing activities' of DEF Corp for 2019 is $ million. Q8. In 2019, cash paid for dividends by DEF Corp is ? million. (Although it is an outflow, write a positive number as it asks the amount 'paid'.) Q9. 'Cash flow from financing activities' of DEF Corp for 2019 is $ million. Q10. Assume all sales were on credit. In 2019 DEF Corp received \$ million cash from customers. Q11. In 2019 how much inventories did DEF Corp purchase from suppliers? million (Answer in a positive number although 'purchase' is a cash outflow.) Q12. Calculate the inventory turnover of the DEF Corp in 2019? (Round to the first decimal place.) (xx.x) Q13. What was the cash conversion cycle of DEF Corp for 2019? (Round to the first decimal place.) days (x,x) Q14. If DEF Corp had used the FIFO method instead of the LIFO method, what would be the amount of inventory reported as of the end of fiscal 2019? $ million Q15. If DEF Corp had used the FIFO method instead of the LIFO method, what would be the amount of cost of goods reported for 2019 ? million Q16. If DEF Corp had used the FIFO method instead of the LIFO method, what would be the amount of the retained earnings as of the end of fiscal 2019? (Hint: Tax that would be owed is recorded in the deferred tax liability.) $ million Q17. If DEF Corp had used the FIFO method instead of the LIFO method, what would be the DEF Corp's cash conversion cycle for 2019 ? days (xx.x)
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