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Student Name:
Class:
cash flows from operating activities:
5,465
8,650
13,075
Instructor
For the Year Ended December 31, 2018
Statement of Cash Flows
ATM SOFTWARE DEVELOPERS
Problem 11-02
Requirement 1:
Cash Flows from Operating Activities
Cash Flows from Investing Activities
McGraw-Hill/Irwin
Adjustments to reconcile net income to net
Depreciation expense
Cash received from sale of land
Issuance of common stock
Cash Flows from Financing Activities
3,765$
Statement of Cash Flows
For the Year Ended December 31, 2018
ATM SOFTWARE DEVELOPERS
Cash Flows from Operating Activities
Net income
Adjustments to reconcile net income to net
cash flows from operating activities:
Net cash flows from operating activities
Net cash flows from investing activities
Net cash flows from financing activities
Net increase (decrease) in cash
Cash Flows from Investing Activities
Cash Flows from Financing Activities
Student Name:
Class:
104,000$
37,000
9,000
(115,000)
For the Year Ended December 31, 2018
Problem 11-04
McGraw-Hill/Irwin
Instructor
VIDEO PHONES INC.
Statement of Cash Flows
Requirement 1:
Cash Flows from Operating Activities
Cash Flows from Investing Activities
Net income
Adjustments to reconcile net income to net cash flows
Depreciation expense
Loss (on sale of land)
from operating activities:
Purchase investment in bonds
3,636,000$
2,450,000$
958,000
2018 2017
254,600$ 227,800$
92,000 70,000
75,000$ 91,000$
115,000$
Net Sales
Expenses:
Cost of goods sold
Operating expenses
VIDEO PHONES, INC.
For the Year Ended December 31, 2018
Income Statement
VIDEO PHONES, INC.
Current Assets:
Cash
Accounts receivable
Balance Sheets
December 31
Current Liabilities:
Accounts payable
Given Data P11-04:
Additional information for 2018:
Liabilities and Stockholders' Equity
Assets
1. Purchase investment in bonds
2. Sell land:
Student Name:
Class:
4,108$
4,108$ Correct!
For the Year Ended December 31, 2018
Problem 11-08
McGraw-Hill/Irwin
Instructor
REVERSE LOGIC
Income Statement
Requirement 1: (use results from calculations below)
Net Sales
Net Sales
Calculations:
from operating activities:
62
4,070$
(2,585)
REVERSE LOGIC
Given Data P11-08:
Cash Flows from Operating Activities (Direct method)
Adjustments to reconcile net income to net cash flows
Depreciation expense
Cash received from customers
Cash paid to suppliers
