Title: Chapter 13 How Well am I Doing Statement of Cash Flows
1Chapter 13 How Well am I Doing?Statement of
Cash Flows
- Prior to class
- Fill in the BLANKS
- Answer any questions, complete HW assignments
and turn in ONLY what is asked for in appropriate
format, (EXCEL, WORD NOTHING HAND WRITTEN will
be accepted) with headers footers, on the due
date - Make a copy of all work to be turned in
- (keep in mind, any HW assignment may be graded or
taken up. So make sure that you complete the
assignments PRIOR TO CLASS)
2Constructing the Statement of Cash Flows
This table summarizes the sources and uses of
cash for net income, dividends, and changes in
the noncash balance sheet accounts.
3Simplified Statement of Cash Flows
- Lets prepare a simplified Statement of Cash
Flows for Matrix, Inc. based the the information
shown on the next slide.
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5Now that we understand the simplified version,
lets look at how the full-fledged statement of
cash flows works.
6Organization of the Full-Fledged Statement of
Cash Flows
7Indirect Method of Reporting Operating Cash Flows
Changes in current assets and current liabilities
imply changes in cash as indicated below.
Use this table when adjusting Net Income to
Operating Cash Flows.
8Statement of Cash Flows
- Lets look at the Statement of Cash Flows for
Matrix, Inc. prepared using the indirect method.
9Additional Information
- Matrix, Inc. Supplemental Information
- A building was purchased for cash during the
year. - Land was sold at cost for cash.
- No buildings or equipment were sold during the
year. - Bonds were issued for cash at the end of the
year. - Cash dividends of 3,500 were paid during the
year.
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11Homework (TO BE TURNED IN)
- Chapter 13 Homework is in the form of multiple
choice questions. They are located on the web
site in the chapter 13 folder. - Do NOT forget about P13-14
- DUE
- MWF 4/28
- TR 4/27
12End of Chapter 13