CFA论坛 - Powered by Discuz! Board

标题: Reading 34: Understanding the Cash Flow Statement - LOS f, [打印本页]

作者: mayanfang1 时间: 2009-1-17 12:47 标题: [2009]Session 8 - Reading 34: Understanding the Cash Flow Statement - LOS f,

Q21. Under the direct method, what will Stone find Soft Corporation's projected net change in cash to be for the year ending December 31, 2005?

A) $2,000,000.

B) $9,000,000.

C) $4,000,000.

Q22. An analyst has gathered the following information about a company:

Income Statement for the Year 2005

Sales

$1,500

Expenses

COGS

$1,300

Depreciation

Goodwill

Int. Expenses

Total expenses

1,370

Income from cont. op.

130

Gain on sale

Income before tax

160

Income tax

Net Income

$96

Additional Information:

Dividends paid

Common stock sold

Equipment purchased

Bonds issued

Fixed asset sold for (original cost of $100 with accumulated depreciation of $70)

Accounts receivable decreased by

Inventory decreased by

Accounts payable increased by

Wages payable decreased by

What is the cash flow from investing?

A) $130.

B) $20.

C) $10.

Q23. An analyst contemplates using the indirect method to create the projected statement of cash flows. She decides to research the differences between the direct and indirect methods. Which of the following is least likely a component of the statement of cash flows under the direct method?

A) Payment of dividends.

B) Net income.

C) Property, Plant, & Equipment.

作者: mayanfang1 时间: 2009-1-17 12:49

答案和详解如下：

Q21. Under the direct method, what will Stone find Soft Corporation's projected net change in cash to be for the year ending December 31, 2005?

A) $2,000,000.

B) $9,000,000.

C) $4,000,000.

Correct answer is A)

Soft Corporation's net cash flow from operations are $1.0 million, they spent $(25.0) million on PP&E, and received $26.0 million from financing activities. This makes the net change in cash $2,000,000. Note that projected cash for 2005 is 2.0 million greater than at year-end 2004.

Q22. An analyst has gathered the following information about a company:

Income Statement for the Year 2005

Sales

$1,500

Expenses

COGS

$1,300

Depreciation

Goodwill

Int. Expenses

Total expenses

1,370

Income from cont. op.

130

Gain on sale

Income before tax

160

Income tax

Net Income

$96

Additional Information:

Dividends paid

Common stock sold

Equipment purchased

Bonds issued

Fixed asset sold for (original cost of $100 with accumulated depreciation of $70)

Accounts receivable decreased by

Inventory decreased by

Accounts payable increased by

Wages payable decreased by

What is the cash flow from investing?

A) $130.

B) $20.

C) $10.

Correct answer is C)

Purchase of equipment -$50

Fixed asset sold $60

CFI $10

A) Payment of dividends.

B) Net income.

C) Property, Plant, & Equipment.

Correct answer is B)

Property, Plant, & Equipment and payment of dividends are components of the statement of cash flows under both the direct and indirect methods. Net income is the first figure under the indirect method, but it is not a part of the statement of cash flows under the direct method. The correct response is net income.

作者: mcdullpong 时间: 2009-3-15 12:30

  thanks

作者: wxvivian 时间: 2009-3-21 01:27

 t

作者: sorrybabyfish 时间: 2009-3-22 09:45

thx

作者: cq200564 时间: 2009-3-24 10:03

1

作者: saint_zhu 时间: 2009-3-26 10:39

无风险，套利

作者: wangyoucao 时间: 2009-4-3 13:51

thanks

作者: hjl2000 时间: 2009-4-5 23:20

d

作者: gracesun 时间: 2009-4-10 13:09

 thanks

作者: connie198226 时间: 2009-4-11 11:16

ss

作者: leyan6042 时间: 2009-4-15 10:41

ACB

作者: vanillayy 时间: 2009-4-17 12:31

a

作者: dullmul 时间: 2009-4-18 14:02

thx

作者: ruyueyu 时间: 2009-4-30 18:38

thx

作者: ray0106 时间: 2009-5-1 14:06

谢

作者: big36999 时间: 2009-5-7 09:56

thanks

作者: duo1115 时间: 2009-5-7 12:36

see

作者: 风烈 时间: 2009-5-8 20:54

谢谢楼主～

作者: alecliang 时间: 2009-5-11 19:03

a

作者: jacky_lu79 时间: 2009-5-12 17:58

 thx

作者: cynthia85 时间: 2009-5-12 20:33

sdf

作者: selvie0818 时间: 2009-5-13 17:41

thanks

作者: szislet 时间: 2009-5-13 22:33

答。。。。。。。

作者: JOJOMEE 时间: 2009-5-15 10:50

 thx

作者: percy 时间: 2009-5-15 23:16

3

作者: dxxiao 时间: 2009-5-20 09:18

thx

作者: itispig 时间: 2009-5-22 12:27

thanks

作者: ytmm 时间: 2009-5-24 20:38

 xx

作者: helloalan 时间: 2009-5-25 14:12

 cb

作者: coffeebeanmm 时间: 2009-5-26 18:01

 check

作者: indrax 时间: 2009-6-3 14:33

thx

作者: thomas0412 时间: 2009-6-3 15:32

thx

作者: yan_superman 时间: 2009-6-6 08:51

 [em50]

作者: ultimatum 时间: 2009-6-6 11:26

 thanks

作者: baodexi 时间: 2009-6-18 17:38

谢谢

作者: lamchoonho 时间: 2009-8-13 20:22

 thanks

作者: luodan0103 时间: 2009-8-17 20:16

thanks

作者: zaestau 时间: 2009-9-16 14:49

 cc

作者: htpeng 时间: 2009-9-18 02:28

c

作者: jimli32 时间: 2009-10-5 10:28

[em50] 

作者: woshidengl 时间: 2009-10-5 12:19

a

作者: huili_zee 时间: 2009-10-8 19:47

v

作者: tobuketsu 时间: 2009-10-12 09:51 标题: re

 th

作者: garmun 时间: 2009-10-18 01:36

 tq

作者: jzwx 时间: 2009-10-21 14:42

thanks

作者: iloverere 时间: 2009-10-26 22:38

 re

作者: rockuk 时间: 2009-10-27 07:41

 AB

作者: mellsa 时间: 2009-10-31 14:22

作者: haisian 时间: 2009-11-10 14:16

xx

作者: hong81 时间: 2009-11-19 10:34

thx

作者: whjens 时间: 2009-11-21 05:30 标题: s

s

作者: guopeng0304 时间: 2009-11-23 17:00

d

作者: mikewang 时间: 2009-11-26 01:15

D

作者: r95323022 时间: 2009-11-26 07:09

thx

作者: doralin 时间: 2009-11-26 10:37

[em50]

作者: jrxx99 时间: 2009-12-14 13:40

看看看看看看看看看看看看看看看看看

作者: flyingdance_nan 时间: 2010-3-20 03:43

great

作者: leeyaoxee 时间: 2010-3-26 04:31

thnx

作者: zoomair 时间: 2010-4-2 16:42

thanks

作者: sophia19 时间: 2010-4-10 14:16

c

作者: shxjm 时间: 2010-4-16 18:21

thanks

作者: jhqhj 时间: 2010-4-27 15:30

cc

作者: sir_2005 时间: 2010-4-27 18:49

acb

作者: jerrywang0 时间: 2010-5-14 17:51

q

作者: 0939 时间: 2010-5-19 00:54

[em50] 

作者: annyyu 时间: 2010-5-19 13:12

re

作者: danforth 时间: 2010-5-31 12:25

d

作者: leoniegolly 时间: 2010-6-1 21:20

1

作者: zhyue_2000 时间: 2010-6-4 23:03

thx

作者: micynthia 时间: 2010-6-5 06:44

/

作者: casiofd 时间: 2010-8-9 22:22

ans

作者: shxjm 时间: 2010-8-18 08:43

thanks

作者: khloris 时间: 2010-8-18 12:54

thk

作者: penny222 时间: 2010-8-18 19:51

 aab

作者: bobchin 时间: 2010-8-20 21:12

1

作者: scofield1985 时间: 2010-9-2 07:22

d

作者: franklin2009 时间: 2010-9-3 05:34

thanks

作者: winstoncxy44 时间: 2010-9-17 14:53

thanks!

作者: limos 时间: 2010-9-17 21:33

 3x

作者: heartfc 时间: 2010-9-30 19:05

谢谢楼主的分享

作者: Mia_Fei 时间: 2010-10-21 18:26

thx for sharing

作者: echopapa 时间: 2010-11-1 04:49

thx

作者: JK22 时间: 2010-11-2 20:18

h

作者: seraphiris0116 时间: 2010-11-13 18:45

thanks

作者: jc1188 时间: 2010-11-28 17:16

d

作者: btz2009 时间: 2010-11-28 23:30

liabilities and equity

欢迎光临 CFA论坛 (http://forum.theanalystspace.com/)