(a) Introduction: Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash. To indicate: Whether the accounts receivable increased (I) or Decreased (D), using the given cash flow statement.

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Answer 1

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Chapter 12, Problem 11E

To determine

(a)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the accounts receivable increased (I) or Decreased (D), using the given cash flow statement.

To determine

(b)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the inventories increased (I) or Decreased (D), using the given cash flow statement.

To determine

(c)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the Accounts payable increased (I) or Decreased (D), using the given cash flow statement.

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Use the following information from Dubuque Company’s financial statements to prepare the operating activities section of the statement of cash flows (indirect method) for the year 2018: PLEASE NOTE: Use the account and term names exactly as shown above and the accounts will be listed in the same order as shown in the textbook examples. All dollar amounts will be rounded to whole dollars using "$" and commas as needed (i.e. $12,345) and decreases will be shown with parentheses - $(12,345). Operating Activities: Adjustments to Reconcile Net Income to Net Cash Flow from Operating Activities: Changes in Current Assets and Liabilities: Net Cash Flows: Operating Activities

Using the Exhibit below, assume that the balance of Accounts Receivable was $61,000 at the beginning of the current year. Furthermore, assume that the balance of Accounts Receivable is $62,000 at the end of the current year. When preparing the Statement of Cash Flow using the indirect method for the current year, which of the following statements would describe the proper presentation of accounts receivable on the Cash flow from operating activities section? EXHIBIT Increase (Decrease) Net Income (loss) $XXX Adjustments to reconcile net income to net cash flow from operating activities: Depreciation of fixed assets XXX Losses on disposal of assets XXX Gains on…

Using the Exhibit below, assume that the balance of Accounts Payable was $60,000 at the beginning of the current year. Furthermore, assume that the balance of Accounts Payable is $65,000 at the end of the current year. When preparing the Statement of Cash Flow using the indirect method for the current year, which of the following statements would describe the proper presentation of accounts payable on the Cash flow from operating activities section? EXHIBIT Increase (Decrease) Net Income (loss) $XXX Adjustments to reconcile net income to net cash flow from operating activities: Depreciation of fixed assets XXX Losses on disposal of assets XXX Gains on disposal of…

Answer 2

Question

Chapter 12, Problem 11E

To determine

(a)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the accounts receivable increased (I) or Decreased (D), using the given cash flow statement.

To determine

(b)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the inventories increased (I) or Decreased (D), using the given cash flow statement.

To determine

(c)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the Accounts payable increased (I) or Decreased (D), using the given cash flow statement.

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Answer 3

Question

Chapter 12, Problem 11E

To determine

(a)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the accounts receivable increased (I) or Decreased (D), using the given cash flow statement.

To determine

(b)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the inventories increased (I) or Decreased (D), using the given cash flow statement.

To determine

(c)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the Accounts payable increased (I) or Decreased (D), using the given cash flow statement.

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Answer 4

Question

Chapter 12, Problem 11E

To determine

(a)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the accounts receivable increased (I) or Decreased (D), using the given cash flow statement.

To determine

(b)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the inventories increased (I) or Decreased (D), using the given cash flow statement.

To determine

(c)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the Accounts payable increased (I) or Decreased (D), using the given cash flow statement.

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Answer 5

Chapter 12, Problem 11E

To determine

(a)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the accounts receivable increased (I) or Decreased (D), using the given cash flow statement.

To determine

(b)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the inventories increased (I) or Decreased (D), using the given cash flow statement.

To determine

(c)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the Accounts payable increased (I) or Decreased (D), using the given cash flow statement.

Answer 6

Chapter 12, Problem 11E

To determine

(a)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the accounts receivable increased (I) or Decreased (D), using the given cash flow statement.

Answer 7

Chapter 12, Problem 11E

To determine

(a)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the accounts receivable increased (I) or Decreased (D), using the given cash flow statement.

Answer 8

To determine

(b)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the inventories increased (I) or Decreased (D), using the given cash flow statement.

Answer 9

To determine

(b)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the inventories increased (I) or Decreased (D), using the given cash flow statement.

Answer 10

To determine

(c)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the Accounts payable increased (I) or Decreased (D), using the given cash flow statement.

Answer 11

To determine

(c)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities. It includes operating income and operating expenses for the year. It also includes changes in current assets and current liabilities as they lead to inflow/outflow of cash.

To indicate:

Whether the Accounts payable increased (I) or Decreased (D), using the given cash flow statement.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 12 - Compare the purposes of the income statement, the...Ch. 12 - What information does the statement of cash flows...Ch. 12 - Prob. 3Q Ch. 12 - What are the major categories of business...Ch. 12 - Prob. 5Q Ch. 12 - Prob. 6Q Ch. 12 - Prob. 7Q Ch. 12 - Prob. 8Q Ch. 12 - Prob. 9Q Ch. 12 - Prob. 10Q

Solution Summary: The author explains how cash flow from operating activities calculates the inflow and outflow of cash from day-to-day activities.

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