KIMMEL_2e_Acct_ch12

Accounting: Tools for Business Decision Making

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Unformatted text preview: CHAPTER 12 Statement of Cash Flows Study Objectives 1. Indicate the usefulness of the statement of cash flows. 2. Distinguish among operating, investing, and financing activities. 3. Explain the impact of the product life cycle on a companys cash flows. 4. Prepare a statement of cash flows using the indirect method. 5. Use the statement of cash flows to evaluate a company. Summary of Questions by Study Objectives and Blooms Taxonomy Item SO BT Item SO BT Item SO BT Item SO BT Item SO BT Questions 1. 1 C 6. 2 K 11. 4 C 16. 1 K 21. 6* AP 2. 1 C 7. 4 C 12. 4 C 17. 2 C 22. 6* C 3. 2 C 8. 3 K 13. 4 C 18. 5 C 4. 2 K 9. 4, 6* C 14. 4 K 19. 6* C 5. 2 C 10. 2 C 15. 4 C 20. 6* K Brief Exercises 1. 2 K 4. 3 C 7. 4 AP 10. 5 AP 13. 6* AP 2. 2 C 5. 4 AP 8. 4 AN 11. 5 AP 14. 6* AP 3. 2 AP 6. 4 AP 9. 5 AP 12. 5 AN 15. 6* AP Exercises 1. 2 C 4. 4 AP 7. 4, 5 AP 10. 6* AP 13. 6* AP 2. 2 C 5. 4 AP 8. 5 AN 11. 6* AP 3. 3 C 6. 4 AP 9. 5 AN 12. 6* AP Problems: Set A 1. 2 C 4. 6* AP 7. 4, 5 AP 9. 4 AP 11. 4 AP 2. 4 AN 5. 4 AP 8. 5, 6* AP 10. 6* AP 12. 5 C 3. 4 AP 6. 6* AP Problems: Set B 1. 2 C 4. 6* AP 7. 4, 5 AP 9. 4 AP 11. 4 AP 2. 4 AN 5. 4 AP 8. 5, 6* AP 10. 6* AP 3. 4 AP 6. 6* AP 12-1 ASSIGNMENT CHARACTERISTICS TABLE Problem Number Description Difficulty Level Time Allotted (min.) 1A Distinguish among operating, investing, and financing activities. Simple 1015 2A Determine cash flow effects of changes in equity accounts. Simple 1015 3A Prepare the operating activities sectionindirect method. Simple 2030 *4A Prepare the operating activities sectiondirect method. Simple 2030 5A Prepare the operating activities sectionindirect method. Simple 2030 *6A Prepare the operating activities sectiondirect method. Simple 2030 7A Prepare a statement of cash flowsindirect method, and compute cash-based ratios. Moderate 4050 *8A Prepare a statement of cash flowsdirect method, and compute cash-based ratios. Moderate 4050 9A Prepare a statement of cash flowsindirect method. Moderate 4050 *10A Prepare a statement of cash flowsdirect method. Moderate 4050 11A Prepare a statement of cash flowsindirect method. Moderate 4050 12A Identify the impact of transactions on ratios. Moderate 2535 1B Distinguish among operating, investing, and financing activities. Simple 1015 2B Determine cash flow effects of changes in plant asset accounts. Simple 1015 3B Prepare the operating activities sectionindirect method. Simple 2030 *4B Prepare the operating activities sectiondirect method. Simple 2030 5B Prepare the operating activities sectionindirect method. Simple 2030 *6B Prepare the operating activities sectiondirect method. Simple 2030 7B Prepare a statement of cash flowsindirect method, and compute cash-based ratios....
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KIMMEL_2e_Acct_ch12 - CHAPTER 12 Statement of Cash Flows...

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