PFS 1313-Assign 1-12034 (question)-converted.pdf - PFS 1313(April 2020 Semester 12034 Assignment 1 Name Diviyaa Perumal Group 1 Student Id 4193000321

PFS 1313-Assign 1-12034 (question)-converted.pdf - PFS...

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PFS 1313 (April 2020) Semester 12034 Assignment 1 Name: Diviyaa Perumal Student Id: 4193000321 Group: 1 Answer all questions. Save your answers in PDF form 1) Given the following information, prepare the company’s cash flow. Increase in account receivable RM25 Increase in inventories 30 Increase in account payable 25 Dividends 15 Increase in common stock 20 Increase in net fixed asset 11 Depreciation expense 12 Net income 33 Beginning cash 20 (15 marks) Answer: Statement of Cash flows a. i. Operating Activities RM b. Net incomes 33 c. Depreciation expense 12 d. Increase in inventories ( 25) e. Increase in account receivable (30) f. Increase in account payable 25 g. Net cash provided by (used in) operating activities ( 15 ) h. ii. Long-term Investing Activities i. Increase in net fixed asset (11) j. Net cash used in investing activities ( 11 ) k. ii. Financing Summary l. Increase in account common stock 20 m. Dividends (15) n. Net cash provided by financing activities 5 o. iii. Summary p. Net increase in cash (Net sum of I, II and II) 9 q. Cash at the beginning of the year 20 r. Cash at the end of the year 29
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