Question 1

Describe the format of the statement of cash flows,including the reporting of significant noncash investing and financing activities.

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Question 2

A corporation reported average total assets of $397,350 in 2012 and $440,800 in 2013.Its net operating cash flow was $35,667 for 2012 and $35,790 for 2013.Calculate the cash flow on total assets ratio for both years.Comment on the results.

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Question 3

Define and discuss the differences between operating,investing,and financing activities.

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Question 4

A company reported average total assets of $496,000 in 2012 and $604,000 in 2013.Its net operating cash flow was $41,150 in 2012 and $55,500 in 2013.Calculate its cash flow on total assets ratio for both years.Comment on the results.

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Question 5

Explain the purpose and format of the statement of cash flows.Also,describe its use to decision makers.

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Question 6

Use the following calendar-year information to prepare David Company's statement of cash flows using the direct method.

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Question 7

A company reported net cash provided by operating activities of $131.4 million.Assets totaled $2,197.7 million at the beginning of the year and $2,040.0 million at the end of the year.Calculate this company's cash flow on total assets ratio.

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Question 8

Define and explain significant noncash investing and financing activities and the method of reporting them on the statement of cash flows.

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Question 9

Explain the value of separating cash flows into operating activities,investing activities,and financing activities has to financial statement users when it comes analyzing cash flows and the company's financial condition.

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Question 10

A company reported operating cash flows of $57,000 and average total assets of $962,000.Calculate the company's cash flow on total assets ratio.

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Question 11

Explain the use of a spreadsheet in the preparation of the statement of cash flows.

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Question 12

Use the following information about the calendar-year cash flows of MacArthur Company to prepare a statement of cash flows (direct method) and a schedule of noncash investing and financing activities.

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Question 13

Define the cash flow on total assets ratio and explain how it is used to evaluate cash flows and to assess company performance.

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Question 14

Explain how the cash flows from operating activities section of the statement of cash flows is prepared when using the direct method.

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Question 15

Explain how the operating activities section of the statement of cash flows is prepared when using the indirect method.

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Question 16

What are the five usual steps involved in the preparation of the statement of cash flows?

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Question 17

For each of the following items,indicate whether it would be classified as an (O) operating activity,an (I) investing activity,a (F) financing activity or a significant, (N) noncash financing and investing activity.

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Question 18

A company reported operating cash flows of $23,400 in 2012 and $26,220 in 2013.The average total assets for the company in 2012 was $262,000 and $285,000 in 2013.Calculate the cash flow on total assets ratio for both years.Comment on the results.

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