Business - Statement of cash Flows
Business - Statement of cash Flows 21027
Popular in Business
Popular in BA 110-5H
This 3 page Class Notes was uploaded by Katie Thedford on Monday October 3, 2016. The Class Notes belongs to 21027 at Fort Lewis College taught by Kaori Takano in Fall 2016. Since its upload, it has received 4 views. For similar materials see Business in BA 110-5H at Fort Lewis College.
Reviews for Business - Statement of cash Flows
Report this Material
What is Karma?
Karma is the currency of StudySoup.
You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!
Date Created: 10/03/16
STATEMENT OF CASH FLOWS Prepared for an economic entity Prepared for a period of time Includes: o Cash flows from operating activities o Cash flows from investing activities o Cash flows from financing activities Total cash flows + beginning cash balance = ending cash balance May be prepared using direct or indirect format Statement of cash flows: o Operating activities+ investing activities+ financing activities= net change in cash Financing Activities o Cash inflows: Cash received from creditors through longterm and shortterm borrowings Cash received from investors o Cash outflows: Cash paid to creditors to repay longterm and short term borrowings (not including interest) Cash paid to investors (including dividends) Investing Activities o Cash Outflows: Cash paid to acquire investments and plant and intangible assets Cash loaned to others (borrowers) o Cash Inflows: Cash received from selling investments and plant and intangible assets Cash received from borrowers for payments on loans (does not include interest) Operating Activities o Cash inflows: Cash received from customers for sales of goods and services Cash received for interest and dividends Cash received for other operating activities o Cash outflows: Cash paid to suppliers of merchandise and services Cash paid to employees Cash paid to interest Cash paid to income taxes Cash paid to other operating activities Beginning cash is the cash balance at the beginning of the accounting period Ending cash is the cash balance at the end of the accounting period 2 The net change is the change in cash + the beginning cash balance = the ending cash balance 3
Are you sure you want to buy this material for
You're already Subscribed!
Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'