Below are approximate amounts reported by five companies in previous years. 1. Kraft Foods reports operating cash

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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?


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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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