A(B) Superscript letter A (B) denotes assignments based on Appendix 12A (12EB) Icon denotes assignments that involve decision making. Discussion Questions 1. What is the reporting purpose of the statement of cash f a company reports positive net income for the y 10. flows? Identify at least two questions that this statement can 2. What are some investing activities reported on the state- 3. What are some financing activities reported on the state 48 Describe the direct method of reporting cash flows from hen a statement of cash flows is prepared using the can it also show a net cash outflow from operating act ties? Explain answer. Is depreciation a source of cash flow? 11 Refer to Apple's statement of cash flows in Appendix A. (a) Which method is used to com pute its net cash provided by operating activities? balance sheet shows a decrease in accounts receivable September 26, 2015, to September 24, 2016; why i decrease in accounts receivable added when computi cash provided by operating activities for the fisca ended September 24, 2016? ment of cash flows? 12. APP ment of cash flows? operating activities. 59 W direct method, what are some of the operating cash flows? Refer to Google's statement of cash flows in Appendix A. What are its cash GOC flows from financing activities for the year ended De 31, 2016? List the items and amounts. GoO 6. Describe the indirect method of reporting cash flows from operating activities. 7. Where on the statement of cash flows is the payment of cash dividends reported? 14. Refer to Samsung's 2016 statement of cash flows in Appendix A. List its cash Sam flows from operating activities, investing activities nancing activities Assume that a company purchases land or $1,000,000, be re On June 3, a company borrows $200,000 cash by giv 8 paying $400,000 cash and borrowing the remainder with a long-term note payable. How should this transaction ported on a statement of cash flows? 15. Refer to Samsung's statement of cash flows in Appendix A. What invest- Sam ing activities result in cash outflows for the ye December 31, 2016? List items and amounts 9. ing its bank a 90-day, interest-bearing note. On the state ment of cash flows, where should this be reported? A(B) Superscript letter A (B) denotes assignments based on Appendix 12A (12EB) Icon denotes assignments that involve decision making. Discussion Questions 1. What is the reporting purpose of the statement of cash f a company reports positive net income for the y 10. flows? Identify at least two questions that this statement can 2. What are some investing activities reported on the state- 3. What are some financing activities reported on the state 48 Describe the direct method of reporting cash flows from hen a statement of cash flows is prepared using the can it also show a net cash outflow from operating act ties? Explain answer. Is depreciation a source of cash flow? 11 Refer to Apple's statement of cash flows in Appendix A. (a) Which method is used to com pute its net cash provided by operating activities? balance sheet shows a decrease in accounts receivable September 26, 2015, to September 24, 2016; why i decrease in accounts receivable added when computi cash provided by operating activities for the fisca ended September 24, 2016? ment of cash flows? 12. APP ment of cash flows? operating activities. 59 W direct method, what are some of the operating cash flows? Refer to Google's statement of cash flows in Appendix A. What are its cash GOC flows from financing activities for the year ended De 31, 2016? List the items and amounts. GoO 6. Describe the indirect method of reporting cash flows from operating activities. 7. Where on the statement of cash flows is the payment of cash dividends reported? 14. Refer to Samsung's 2016 statement of cash flows in Appendix A. List its cash Sam flows from operating activities, investing activities nancing activities Assume that a company purchases land or $1,000,000, be re On June 3, a company borrows $200,000 cash by giv 8 paying $400,000 cash and borrowing the remainder with a long-term note payable. How should this transaction ported on a statement of cash flows? 15. Refer to Samsung's statement of cash flows in Appendix A. What invest- Sam ing activities result in cash outflows for the ye December 31, 2016? List items and amounts 9. ing its bank a 90-day, interest-bearing note. On the state ment of cash flows, where should this be reported