关于现金流量讲义中习题1

In preparing its cash flow statement for the year ended December 31, 2004, Giant Corporation collected the following data:

Gain on sale of equipment             $6,000

Proceeds from sale of equipment        10,000

请问胡老师：

您讲到gain on sale of equipment和Proceeds from sale of equipment时，说前者为非现金，后者为现金。

1）我觉得你说的这点与cash from assets disposal=change in assets+（/－）gains （or losses） from sale of assets 这个计算CFI的公式有矛盾。如果gains from sale of assets 不是cash，为什么这个公式中要加上这项？计算CFI，什么时候可以套用这个公式？

2）如果gain on sale of equipment和Proceeds from sale of equipment，确为非现金和现金之区别，是不是意味着当用间接法来计算CFO的话，若题目同时给出Gain on sale of equipment 和Proceeds from sale of equipment的时候，两者均应被扣除，因为gain不仅属于非现金也属于CFI，而proceed on sale of equipment是因为本身不属于CFO，而是CFI。我的理解正确吗？

3）还有，Gain on sale of equipment 和Proceeds from sale of equipment都属于利润表上的non－recurring items，它们在利润表上的位置是不是分别对应着Unusual or infrequent items和 income from discontinued operations，是这样吗？

习题12

If Quick Steel Company sold equipment for $200,000 for a gain of $50,000, the net cash flow from operations under indirect method would be:

A)  a decrease in cash flow from operations of $50,000.

B)  a decrease in cash flow from financing of $150,000.

C)  an increase in cash flow from operations of $50,000.

D)  an increase in cash flow from financing of $150,000.

The correct answer was A) a decrease in cash flow from operations of $50,000.

您说到，这个题如果计算CFI,应该为200000，我想问，若套用这个公式cash from assets disposal=change in assets+（/－）gains （or losses） from sale of assets，答案为250000，何时可以套用这个公式？何时不可以？

习题11

Which of the following statements about the indirect method of calculating the statement of cash flows is FALSE?

A)  An adjustment is needed for the payment of deferred taxes.

B)  No adjustment is needed to account for extraordinary items because they are found above net income and are thus already accounted for.

C)  No adjustment is needed to account for changes in accounts receivable since no cash was involved.

D)  Depreciation is added back to net income since it is an expense not requiring cash.

请问胡老师有关现金流量分析讲义中的习题

关于现金流量讲义中习题1

In preparing its cash flow statement for the year ended December 31, 2004, Giant Corporation collected the following data:

Gain on sale of equipment             $6,000

Proceeds from sale of equipment        10,000

请问胡老师：

您讲到gain on sale of equipment和Proceeds from sale of equipment时，说前者为非现金，后者为现金。

1）我觉得你说的这点与cash from assets disposal=change in assets+（/－）gains （or losses） from sale of assets 这个计算CFI的公式有矛盾。如果gains from sale of assets 不是cash，为什么这个公式中要加上这项？计算CFI，什么时候可以套用这个公式？

回答如下：gain on sale of equipment不是现金，这个结论是对的，gain on sale of equipment＝Proceeds from sale of equipment－book value of equipment  ,是按照会计上核算的。

cash from assets disposal=change in assets+（/－）gains （or losses） from sale of assets这个公式是根据如下分录做出的，

当出售固定资产的时候，做如下的分录：

借：银行存款

贷 ：固定资产change in assets

贷：Gain on sale of equipment

从这个公式可以看出，银行存款＝change in assets+ Gain on sale of equipment

2）如果gain on sale of equipment和Proceeds from sale of equipment，确为非现金和现金之区别，是不是意味着当用间接法来计算CFO的话，若题目同时给出Gain on sale of equipment 和Proceeds from sale of equipment的时候，两者均应被扣除，因为gain不仅属于非现金也属于CFI，而proceed on sale of equipment是因为本身不属于CFO，而是CFI。我的理解正确吗？

回答如下：

你的理解是错误的。间接法来计算CFO的话，净利润中包含了Gain on sale of equipment，但是这部分属于CFI，所有应该扣除。Proceeds from sale of equipment不需要扣除，因为净利润中没有包含Proceeds from sale of equipment。

3）还有，Gain on sale of equipment 和Proceeds from sale of equipment都属于利润表上的non－recurring items，它们在利润表上的位置是不是分别对应着Unusual or infrequent items和 income from discontinued operations，是这样吗？

 回答如下：

Gain on sale of equipment属于利润表上的non－recurring items。Proceeds from sale of equipment不会出现在利润表上的。

习题12

If Quick Steel Company sold equipment for $200,000 for a gain of $50,000, the net cash flow from operations under indirect method would be:

A)  a decrease in cash flow from operations of $50,000.

B)  a decrease in cash flow from financing of $150,000.

C)  an increase in cash flow from operations of $50,000.

D)  an increase in cash flow from financing of $150,000.

The correct answer was A) a decrease in cash flow from operations of $50,000.

您说到，这个题如果计算CFI,应该为200000，我想问，若套用这个公式cash from assets disposal=change in assets+（/－）gains （or losses） from sale of assets，答案为250000，何时可以套用这个公式？何时不可以？

回答如下：

这个公式中，cash from assets disposal=change in assets+（/－）gains （or losses） from sale ，  change in assets指的是资产负债表上的期末余额－期初余额，不是$200,000。这到题目中，告诉你这个资产卖了$200,000，CFI就是这个现金流量。

习题11

Which of the following statements about the indirect method of calculating the statement of cash flows is FALSE?

A)  An adjustment is needed for the payment of deferred taxes.

B)  No adjustment is needed to account for extraordinary items because they are found above net income and are thus already accounted for.

C)  No adjustment is needed to account for changes in accounts receivable since no cash was involved.

D)  Depreciation is added back to net income since it is an expense not requiring cash.

答案为C这个能理解。但是，对于答案B，extraordinary items（假如为uninsured losses from natural disasters）,我觉得这些损失也是非付现损失，应该加以调整，即从net income 中加回来。您说答案B的说法正确，即不需调整，请问我错在什么地方

回答如下：

对于extraordinary items，比如存货的灾害损失，做如下分录：

debit：extraordinary items
credit： Inventory

extraordinary items对现金流量的影响，是通过存货的调整而调整的，不是直接调整extraordinary items。注意一下这些损失也不一定是非付现损失。现金流量表的编制在实务中编制比较复杂。