Use the following information to perform the calculations below (using the indirect method). Clearly label the amount of each answer as positive or negative and show all your calculations.
Net income Depreciation expense Beginning accounts receivable Ending accounts receivable Beginning inventory Ending inventory Beginning prepaid insurance Ending prepaid insurance $401,00097,000420,000439,000516,000550,00042,00048,000 Beginning accounts payable Ending accounts payable Purchase of long-term assets Issuance of long-term debt Issuance of stock for cash Issuance of stock for long-term assets Purchase of treasury stock Sale of long-term investment at cost $119,000146,000612,000220,000180,000110,00064,00056,000
a. Calculate the amount of cash flows from operating activities. _____________
b. Calculate the amount of cash flows from investing activities. _____________
c. Calculate the amount of cash flows from financing activities. _____________
d. Calculate the net change in cash. _____________
Apply break-even analysis to single and multi-product settings.
Understand the relationship between fixed costs, variable costs, and sales volume in cost-volume-profit analysis.
Understand the concept of net operating income and its calculation for different unit sales volumes.
Learn how the sales mix impacts the overall break-even point for a company.
Definitions:
Fatty Substances
Lipids that are found in blood and body tissues, involved in various bodily functions.
Artery
A blood vessel that carries oxygenated blood away from the heart to the body.
Tachycardia
A condition where the heart rate exceeds the normal resting rate, often defined as a heart rate over 100 beats per minute in adults.
Beats Per Minute
A measurement indicating the number of beats in one minute, commonly used to determine heart rate.