Below are approximate amounts reported by five companies in previous years. 1. Kraft Foods reports operating cash
Question:
Below are approximate amounts reported by five companies in previous years.
1. Kraft Foods reports operating cash flows of $2.2 billion, investing cash flows of $1.1 billion, and financing cash flows of –$3.3 billion. What is the amount of the change in total cash?
2. Sara Lee reports operating cash flows of $5.6 billion, investing cash flows of –$2.3 billion, and financing cash flows of –$1.7 billion. If the beginning cash amount is $0.6 billion, what is the ending cash amount?
3. Performance Food Group reports operating cash flows of $0.32 billion, investing cash flows of $0.18 billion, and a change in total cash of $0.45 billion. What is the amount of cash flows from financing activities?
4. Smithfield Foods reports operating cash flows of $0.44 billion, financing cash flows of $0.67 billion, and a change in total cash of $0.20 billion. What is the amount of cash flows from investing activities?
5. Tyson Foods reports investing cash flows of –$0.32 billion, financing cash flows of $0.56 billion, and a change in total cash of $0.54 billion. What is the amount of cash flows from operating activities?
Required:
Calculate the answer to each.
Step by Step Answer:
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann