24. A company has the following information on its income statement and balance sheet. Determine the...
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24. A company has the following information on its income statement and balance sheet. Determine the cash flow from operations for the year. Operating profit: Net income: Depreciation expense: Dividends paid: Accounts Receivables: Inventory: Net Fixed Assets Accounts Payables: a. $180,000 b. $140,000 c. $150,000 d. $ 50,000 $150,000 $120,000 $20,000 $10,000 Beginning of the year $450,000 $550,000 $1,000,000 $220,000 End of the year $480,000 $525,000 $1,100,000 $235,000 25. Which of the following is subject to transaction risk exposure (assuming the country's currency is the currency the company deals in regularly)? a. A U.S. company's foreign subsidiary in Italy has a receivable denominated in Euros b. A Japanese company's foreign subsidiary in the U.S. has a receivable denominated in Yen c. A U.S. company's foreign subsidiary in Australia has a payable denominated in Australian $ d. A UK company's foreign subsidiary in the U.S. has a payable denominated in dollars 24. A company has the following information on its income statement and balance sheet. Determine the cash flow from operations for the year. Operating profit: Net income: Depreciation expense: Dividends paid: Accounts Receivables: Inventory: Net Fixed Assets Accounts Payables: a. $180,000 b. $140,000 c. $150,000 d. $ 50,000 $150,000 $120,000 $20,000 $10,000 Beginning of the year $450,000 $550,000 $1,000,000 $220,000 End of the year $480,000 $525,000 $1,100,000 $235,000 25. Which of the following is subject to transaction risk exposure (assuming the country's currency is the currency the company deals in regularly)? a. A U.S. company's foreign subsidiary in Italy has a receivable denominated in Euros b. A Japanese company's foreign subsidiary in the U.S. has a receivable denominated in Yen c. A U.S. company's foreign subsidiary in Australia has a payable denominated in Australian $ d. A UK company's foreign subsidiary in the U.S. has a payable denominated in dollars
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24 To determine the cash flow from operations we need to use the indirect method by adjusting net in... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1285190907
8th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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