The Cheesecake Factory has thousands of guests each day who pay immediately after finishing their meals The Cheesecake Factory also sponds cash to pay for the food it serves employees' wages, and other expenses. The company might also use cash to set up new restaurant locations and renovate older facilities In addition, The Cheesecake Factory has the option to declare cash dividends and buy treasury stock it might borrow cash via long-term loans or it might issue common stock for cash Below are the consolidated statements of cash flows for The Cheesecake Factory Incorporated for the fiscal years 2014 2016. (Click the icon to view the consolidated statements of cash flows) What specific Investing or financing activity used the most cash at The Cheesecake Factory during fiscal year 2016? ser Yea Viti O A Treasury stock purchases OB. Repayments of long-term debit OC. Additions to property and equipment OD. Dividend payments (free The Cheesecake Factory has thousands of guests each day who pay immediately after finishing their meals. The Cheesecake Factory also spends cash to pay for the food it serves, employees' wages, and other expenses. The company might also use cash to set up new restaurant locations and renovate older facilities. In addition, The Cheesecake Factory has the option to declare cash dividends and buy treasury stock. It might borrow cash via long-term loans or it might issue common stock for cash Below are the consolidated statements of cash flows for The Cheesecake Factory Incorporated for the fiscal years 2014-2016 Click the icon to view the consolidated statements of cash flows.) What specific investing or financing activity used the most cash at The Cheesecake Factory during fiscal year 2016? A. Treasury stock purchases B. Repayments of long-term debt OC. Additions to property and equipment OD. Dividend payments Click to select your answer ? Thi All Previous 8 of 20 (1 complete) Data Table The Cheesecake Factory Incorporated Statement of Cash Flows (adapted for educational use) (in thousands) 2016 2015 2014 Cash flows from operating activities: Net income 139,494 $ 116,523 $ 101.276 Adjustments to reconcile net income to cash (163.026) (118.900) (138,373) Cash provided by operating activities $ 302.520 $ 235 423 $ 239,649 Cash flows from investing activities: Additions to property and equipment (115.821) (153,941) (113,982) Print Done Data Table - X OUT Wury V. (115,821) (153,941) (113,982) (1.640) (1.760) (1,879) (42,000) 0 0 $ (159,461) S (155,701) $ (115,861) Additions to property and equipment Additions to intangible assets Investments in unconsolidated affiliates Cash used in investing activities Cash flows from financing activities: Miscellaneous borrowings/repayments Cash dividends paid Treasury stock purchases Cash used in financing activities Net change in cash and cash equivalents 55,764 51.454 43,294 (42,371) (35,969) (30,332) (146.467) (109,371) (140,483) $ (133.074) $ (93,886) $ (127,521) $ 9.985 (14,164) (3.733) Print Done Data Table - In (42,000) 0 0 $ (159.461) $ (155,701) $ (115,861) Investments in unconsolidated affiliates Cash used in investing activities Cash flows from financing activities: Miscellaneous borrowings/repayments Cash dividends paid Treasury stock purchases Cash used in financing activities Net change in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period 55,764 51,454 43,294 (42,371) (35,969) (30,332) (146.467) (109.371) (140 483) $ (133.074) $ (93,886) $ (127.521) 9.985 (14.164) (3,733) 43 854 58,018 61.751 $ 53,839 $ 43,854 $ 58,018 $ Print Done
