Tugas CashFlow

Akuntansi Keuangan Menengah 1

Nama : Aura Anggun Permatasari

Nim : 21812141027

Kelas : A’21

E5-14
(Preparation of a Statement of Cash Flows) The comparative statements of financial position of
Lopez Inc. at the beginning and the end of the year 2015 appear on the next page.
Net income of $34,000 was reported, and dividends of $13,000 were paid in 2015. New equipment
was purchased and none was sold. Instructions Prepare a statement of cash flows for the year 2015

CONNECTICUT INC>
Statement of Cash Flows
For the Year Ended December 31,2010
Cash flows from operating activities    
34.00
Net Income   0
Adjustments to reconcile net income    
to net cash provided by operating    
Activities    
Depreciation expense 6.000  
Increase in accounts receivable -3.000  
Increase in accounts payable 5.000 8.000
42.00
Net cash provided by operating activities   0
Cash flows from investing activities    
-
17.00
Purchase of equipment   0
Cash flows from financing activities    
20.00
Issuance of common stock 0  
-
13.00
Payment of cash dividends 0  
Net cash provided by financing activities   7.000
32.00
Net increase in cash   0
13.00
Cash at beginning of year   0
45.00
Cash at end of year   0
E5.15

(LO3) (Preparation of a Statement of Cash Flows) Presented below is a condensed version of the
comparative statements of financial position for Yoon Ltd. for the last 2 years at December 31
(amounts in millions). 2019 2018 Investments   52,000    74,000  Equipment 298,000  240,000 
Less: Accumulated depreciation—equipment (106,000) (89,000) Accounts receivable 180,000 
185,000  Cash 157,000  78,000  Share capital—ordinary 160,000  160,000  Retained earnings
287,000  177,000  Current liabilities 134,000  151,000  Additional information: Investments were
sold at a loss of 7,000; no equipment was sold; cash dividends paid were 50,000; and net income
was 160,000. Instructions a. Prepare a statement of cash flows for 2019 for Yoon Corporation. b.
Determine Yoon Corporation's free cash flow.

YOON CORPORATION
Statement of Cash Flows
For The Year Ended December 31,2019
Cash flows from operating activities    
160.00
Net Income   0
Adjustments to reconcile net income    
to net cash provided by operatin    
activities:    
17.00
Depreciation expense 0  
Loss on sale of investments 7.000  
Decrease in accounts receivable 5.000  
-
17.00
Decrease in current liabilities 0  
Net cash provided by operating activities   12.000
172.00
Cash flows from investing activities   0
Sale of investments    
15.00
{(74.000-52.000)-7.000} 0  
-
58.00
Purchase of equipment 0  
Net cash used by investing activities   -43.000
Cash flows from financing activities    
Payment of cash dividends   -50.000
Net increase in cash   79.000
Cash at beginning of year   78.000
157.00
Cash at end of year   0

B.

Free Cash Flow Analysis

 Net cash provided by operating activities 172.000
Less: Purchase of equipment -58.000
Dividends -50.000
Free cash flow 64.000

E5.16 (LO3) (Preparation of a Statement of Cash Flows) A comparative statement of financial

position for for Orozco AG is presented below. December 31 Assets 2019 2018 Land € 71,000
€110,000 Equipment 270,000 200,000 Accumulated depreciation—equipment (69,000) (42,000)
Inventory 180,000 189,000 Accounts receivable 82,000 66,000 Cash   63,000   22,000 Total
€597,000 €545,000 Equity and Liabilities Share capital—ordinary (€1 par) €214,000 €164,000
Retained earnings 199,000 134,000 Bonds payable 150,000 200,000 Accounts payable   34,000   
47,000 Total €597,000 €545,000 Additional information: 1. Net income for 2019 was €105,000. 2.
Cash dividends of €40,000 were declared and paid. 3. Bonds payable amounting to €50,000 were
retired through issuance of ordinary shares.

a.

OROZCO CORPORATION
Statement of Cash Flows
For The Year Ended December 31,2019
Cash flows from operating activities    
105.00
Net Income   0
Adjustments to reconcile net income    
to net cash provided by operatin    
activities:    
27.00
Depreciation expense 0  
Decrease in inventory 9.000  
-
16.00
Increase in accounts receivable 0  
-
13.00
Decrease in accounts payable 0 7.000
112.00
Net cash provided by operating activities   0
Cash flows from investing activities    
Sale of land    
39.00
Purchase of equipment 0  
-
70.00
Net cash used by investing activities 0  
Cash flows from financing activities   -31.000
Payment of cash dividends   -40.000
Net increase in cash   41.000
 Cash at beginning of year   22.000
Cash at end of year   63.000

B. (b) Current cash debt coverage ratio

= Net cash provided by operating activities / Average current liabilities

112,000 = (34,000 + 47,000)/2

= 2.77 to 1

Cash debt coverage ratio

= Net cash provided by operating activities/ Average total liabilities

= 184,000 + 247,000 = 112,000 ÷ 2

= 0.52 to 1

C.

Free Cash Flow Analysis

Net cash provided by operating activities 112.000
Less: Purchase of equipment -70.000
Dividends -40.000
Free cash flow 2.000