Question
See the cash flow statement Quarter ($ 000) 4 3 2 1 Net Income 276,694 228,913 194,117 218,621 Operating Activities, Cash Flows Provided By or
See the cash flow statement
Quarter ($ 000) | 4 | 3 | 2 | 1 |
|
Net Income | 276,694 | 228,913 | 194,117 | 218,621 | |
Operating Activities, Cash Flows Provided By or Used In | |||||
Depreciation | 70,067 | 75,652 | 74,543 | 73,098 | |
Adjustments to net income | 14,374 | (13,025) | 48,877 | (48,109) | |
Changes in accounts receivable | (38,776) | (53,265) | 100,738 | (84,673) | |
Changes in liabilities | 82,866 | (111,562) | 201,839 | 39,886 | |
Changes in inventories | (195,134) | (114,222) | 84,930 | 57,635 | |
Changes in other operating activities | 17,684 | (26,652) | 12,609 | (2,198) | |
Total Cash Flow from Operating Activities | 227,775 | (14,161) | 717,653 | 254,260 | |
Investing Activities, Cash Flows Provided By or Used In | |||||
Capital expenditures | (82,600) | (41,686) | (99,990) | (69,107) | |
Investments | (5,351) | 5,399 | (93,098) | (48,244) | |
Other cash flows from investing activities | (108,930) | 623 | (57,979) | 20,556 | |
Total Cash Flows from Investing Activities | (196,881) | (35,664) | (251,067) | (96,795) | |
Financing Activities, Cash Flows Provided By or Used In | |||||
Dividends paid | (131,537) | (131,375) | (119,419) | (121,423) | |
Sale or purchase of stock | 78,706 | 1,106 | (76,826) | (79,236) | |
Net borrowings | 515,800 | 114,744 | (283,744) | 64,947 | |
Other cash flows from financing activities | ( 275 ) | 2,042 | (46,326) | 39,745 | |
Total Cash Flows from Financing Activities | 462,694 | (13,483) | (526,315) | (95,967) | |
Effect of exchange rate changes | (119,864) | ( 652 ) | 32,819 | 6,974 | |
Change in Cash and Cash Equivalents | 373,724 | (63,960) | (26,910) | 68,472 |
a. What were the company's cumulative earnings over these four quarters?
The cumulative earnings were $ ___(000). (Round to the nearest integer.)
What were its cumulative cash flows from operating activities?
The cumulative cash flows from the operating activities were $___(000).(Round to the nearest integer.)
b. What fraction of the cash from operating activities was used for investment over the four quarters?
The fraction of the cash from operating activities used for investment was ____%(Round to two decimal places.)
c. What fraction of the cash from operating activities was used for financing activities over the four quarters?
The fraction of the cash from operating activities used for financing activities was ___%.(Round to two decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started