Question: Refer to AP2 5 In Refer 5 Dell Inc is a leading

Refer to AP2– 5.
In Refer 5
Dell Inc. is a leading global provider of computer products and services for both the consumer and enterprise markets. Dell offers a full line of desktop and notebook PCs, network servers, workstations, storage systems, printers, handheld computers, digital music players, LCD and plasma televisions, and projectors. The following is Dell’s (simplified) statement of financial position from a recent year:
Assume that the following transactions (in millions of dollars) occurred in fiscal year 2013 (ending on February 2, 2013):
a. Issued additional shares for $ 200 in cash.
b. Borrowed $ 300 from banks; due in two years.
c. Purchased additional investments for $ 7,500 cash; one- fifth were long term and the rest were short term.
d. Purchased property, plant, and equipment; paid $ 4,650 in cash and $ 850 with additional long-term bank loans.
e. Lent $ 250 to associated companies that signed a six- month note.
f. Sold short- term investments costing $ 5,000 for $ 5,000 cash.
Based on the transactions that occurred in fiscal year 2013, prepare the investing and financing sections of Dell’s statement of cash flows for that year.

View Solution:

Sale on SolutionInn
  • CreatedAugust 04, 2015
  • Files Included
Post your question