TA E214 Classifying Accounting CHECK Company. Classify cach of the transactions as an op warciema financing (P) activity transaction, or as none-ofthe-above IN) FIGURE 1. Purchase of machinery for cash 2 Cash payment on loan principal 3. Collection of cash on outstanding accounts receivable 4. Payment of a stock dividend 5. Sale of preferred stock for cash 6. Prepaid the office rent for six months 7. Cash payment of income tax expense 8. Sale of land held as an investment for cash 9. Declared (but did not pay) a cash dividend 10. Purchased treasury stock using cash Analyzing Cash Flow Data. Presented below is cash flow information for two competitors The Wayne E3.15 Corporation and The Green Company amounts in thousands): Cash Flow From Operating Profit Operations Investing Financing Company Wayne Corporation Green Company $(9,075) (4,470) $(1.980) (4,890) S(1.040) 2.253 $623 2,714 Describe the cash management strategy of each company by identifying the key sources and uses of cash by cach firm. Explain why the cash flow from operations of The Wayne Corporation differs from the company's operating loss of 509,075). Calculate the change in the cash balance for The Green Company Analyzing Cash Flow Data. Presented below is cash flow information for two competitors for 2018 Ine and Johnson & Johnson (amounts in millions): Cash Flow From Operating Proll Operations Investing Financing $15.724 21.407 $15,827 22 201 $4,525 (3.167) 5(20,441) (18,510) any by identifying the key sources and uses of cash le firm. Explain why cash flow from operations TA E214 Classifying Accounting CHECK Company. Classify cach of the transactions as an op warciema financing (P) activity transaction, or as none-ofthe-above IN) FIGURE 1. Purchase of machinery for cash 2 Cash payment on loan principal 3. Collection of cash on outstanding accounts receivable 4. Payment of a stock dividend 5. Sale of preferred stock for cash 6. Prepaid the office rent for six months 7. Cash payment of income tax expense 8. Sale of land held as an investment for cash 9. Declared (but did not pay) a cash dividend 10. Purchased treasury stock using cash Analyzing Cash Flow Data. Presented below is cash flow information for two competitors The Wayne E3.15 Corporation and The Green Company amounts in thousands): Cash Flow From Operating Profit Operations Investing Financing Company Wayne Corporation Green Company $(9,075) (4,470) $(1.980) (4,890) S(1.040) 2.253 $623 2,714 Describe the cash management strategy of each company by identifying the key sources and uses of cash by cach firm. Explain why the cash flow from operations of The Wayne Corporation differs from the company's operating loss of 509,075). Calculate the change in the cash balance for The Green Company Analyzing Cash Flow Data. Presented below is cash flow information for two competitors for 2018 Ine and Johnson & Johnson (amounts in millions): Cash Flow From Operating Proll Operations Investing Financing $15.724 21.407 $15,827 22 201 $4,525 (3.167) 5(20,441) (18,510) any by identifying the key sources and uses of cash le firm. Explain why cash flow from operations
