Week 5 - Class Exercise on Cash flow and statement of changes in equity.docx

Week 5 - Class Exercise on Cash flow and statement of changes in equity.docx

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UNITED STATES INTERNATIONAL UNIVERSITY MOD6000: ACCOUNTING FOR NON-ACCOUNTANTS WEEK 5: CLASS EXERCISE 1. Why is it important to prepare a statement of cash flows for the business? 2. What impact would changes in the statement of financial position items listed below have on the cash position of an enterprise. Place a tick in the correct column. Change in items Inflow of cash Outflow of cash Reaso n Increase in current assets other than cash Decrease in current assets other than cash Increase in non-current assets Decrease in non-current assets Increase in current liabilities Decrease in current liabilities Increase in non-current liabilities Decrease in non-current liabilities 3. Study the extracts of the statement of cash flows of Vuyo Limited for the year ended 30 September 2011 and answer the questions that follow: Extracts of the Statement of cash flows on 30 September 2013 Sh. Cash generated from operations 100,000 Cash flow from investing activities: Addition to plant and equipment (300,000) Cash flow from financing activities: Increase in long-term borrowings 250,000 Changes in cash and cash equivalents 950,000 (a)
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Christopher Reinemann
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