单选题
A company' s financial statements show the following data for the latest year: Net sales $1250 Cost of goods sold 650 Increase in inventory 100 Decrease in MR 25 Increase in A/P 50 Cash interest paid 45 Dividends paid 25 Cash interest received 20 Sale of common stock 275 Retirement of long-term debt 125 Purchase of equipment 120 Income tax oaid 50 The company' s cash flow from operations (CFO) and cash flow from financing (CFF) are closest to : CFO CFF A. $500 $425 B. $500 $125 ③ $650 -$425
【正确答案】
B
【答案解析】Use the direct method, which starts at the top of the income statement with sales and then works
with the individual components of net income directly related to cash flows.
Net sales + 1250
Accounts receivable (down) + 25
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Cash collected trom customers + 1275
Cost of goods sold 650
Inventory (up) 100
Accounts payable (up) + 50
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Cash payments for inputs 700
Cash interet paid 45
Cash interest received + 20
Income tax paid 50
Cash flow from operations + $ 500
Paid dividend -25
Issued stock + 275
Retired debt {{U}}-125{{/U}}
Financing cash flow + 125