Using the information, calculate the followings. Operating activities Net earings Adjustments to reconcile net eamings to cash
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Operating activities Net earings Adjustments to reconcile net eamings to cash provided by (used in) operating activities: Depreciation and amortization Impairment of goodwill and other intangibles (Gain) loss on sale and disposal of businesses (Gain) loss on previously held equity interest Changes in assets and liabilities: Accounts receivable Inventories Accounts payable Accrued advertising and promotions Accrued expenses and current liabilities Taxes deferred and payable, net Accrued pension and postretirement benefits Employee compensation Other Cash provided by (used in) operating activities Investing activities Capital expenditures Proceeds from sale of assets and businesses Acquisition of businesses, net of cash acquired Cash held by divested businesses Other Cash provided by (used in) investing activities Financing activities Net proceeds from borrowings of long-term debt Not proceeds (repayments) of long-term debt Net proceeds (repayments) from short-term borrowings Dividends paid Repurchase of common stock 2021 1,806 $ 494 (105) (42) (232) (648) 949 70 125 130 (116) 16 (271) 2,176 (525) 302 (46) (393) 2 (660) 300 (300) (338) (1,041) 2020 1,065 S 568 7 (7) (940) 249 341 (123) (287) 154 (30) 303 200 1,500 (410) 166 1 (237) 1,033 (569) (330) (311) (121) 2019 1,182 587 (437) (87) (17) 140 118 22 (122) (81) 106 (181) 1,230 (532) 1,174 836 700 (949) (723) (305) (148) Operating activities Net earings Adjustments to reconcile net eamings to cash provided by (used in) operating activities: Depreciation and amortization Impairment of goodwill and other intangibles (Gain) loss on sale and disposal of businesses (Gain) loss on previously held equity interest Changes in assets and liabilities: Accounts receivable Inventories Accounts payable Accrued advertising and promotions Accrued expenses and current liabilities Taxes deferred and payable, net Accrued pension and postretirement benefits Employee compensation Other Cash provided by (used in) operating activities Investing activities Capital expenditures Proceeds from sale of assets and businesses Acquisition of businesses, net of cash acquired Cash held by divested businesses Other Cash provided by (used in) investing activities Financing activities Net proceeds from borrowings of long-term debt Not proceeds (repayments) of long-term debt Net proceeds (repayments) from short-term borrowings Dividends paid Repurchase of common stock 2021 1,806 $ 494 (105) (42) (232) (648) 949 70 125 130 (116) 16 (271) 2,176 (525) 302 (46) (393) 2 (660) 300 (300) (338) (1,041) 2020 1,065 S 568 7 (7) (940) 249 341 (123) (287) 154 (30) 303 200 1,500 (410) 166 1 (237) 1,033 (569) (330) (311) (121) 2019 1,182 587 (437) (87) (17) 140 118 22 (122) (81) 106 (181) 1,230 (532) 1,174 836 700 (949) (723) (305) (148)
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ANSWER a 2021 The allowance for doubtful accounts for 2021 is 114 million and the gross accounts rec... View the full answer
Related Book For
Financial Statement Analysis
ISBN: 978-0078110962
11th edition
Authors: K. R. Subramanyam, John Wild
Posted Date:
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