Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Required: Below are approximate amounts related to cash flow information reported by five companies in previous years. 1. A company reports operating cash flows of

image text in transcribed
Required: Below are approximate amounts related to cash flow information reported by five companies in previous years. 1. A company reports operating cash flows of $3.52 billion, Investing cash flows of $0.52 billion, and financing cash flows of -$4.04 billion. What is the amount of the change in total cash? 2. A company reports operating cash flows of $1.32 billion, Investing cash flows of - $0.22 billion, and financing cash flows of -1.24 billion. If the beginning cash amount is $0.62 billion, what is the ending cash amount? 3. A company reports operating cash flows of $0.09 billion, investing cash flows of $0.55 billion, and a change in total cash of $0.03 billion. What is the amount of cash flows from financing activities? 4. A company reports operating cash flows of $0.52 billion, financing cash flows of $0.34 billion, and a change in total cash of $0.03 billion. What is the amount of cash flows from investing activities? 5. A company reports Investing cash flows of $1.26 billion, financing cash flows of $0.95 billion, and a change in total cash of $0.03 bilion. What is the amount of cash flows from operating activities? (Negative amounts should be indicated by a minus sign, Enter your answers in billions rounded to 2 decimal places) 1. Change in total cash 2. Ending cash amount 3. 4 5. billion billion bilan billion billion

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

Principles Of External Auditing

Authors: Brenda Porter, Jon Simon, David Hatherly

1st Edition

0471962120, 978-0471962120

More Books

Students also viewed these Accounting questions