ACCOUNTING 102/Reporting the Statement of Cash Flows

Chapter 16 - Reporting the Statement of Cash Flows â—¦ Basics of Cash Flow Reporting â—¦ Cash Flows from Operating â—¦ Cash Flows from Investing â—¦ Cash Flows from Financing Chapter 16 - Reporting the Statement of Cash Flows ? Basics of Cash Flow Reporting ? Cash Flows from Operating ? Cash Flows from Investing ? Cash Flows from Financing ? I. Read Chapter 16. ? II. Go to the publisher website, www.mhhe.com/wildFAP21e using the 21st edition. (1) Click on Online Learning Center and click on student edition (2) Identify the chapter you are working on from the drop down list (3) Click on power-point presentation. (4) Go through the power-point presentation to reinforce what you have read. (there are also narrated slides you can view as well). ? III. In the same way, complete the Demonstration Problem in the Text book found at the end of the chapter as well as the Learn Smart assignments found in Connect before doing the graded connect assignments. All of these are practice tools before doing the graded assignments. Keep in mind, chapter quizzes, discussion questions (found below), connect assignments and module exams make up your grade. ? IV. Using the following website www.mhhe.com/wildFAP21e using the 21st edition., follow these steps to submit your Chapter 16 quiz: (1) Click on Interactive Quiz (2) Complete the Multiple Choice Quiz Questions then Click on Submit Answers (3) Enter my email address [email protected] complete the other required fields and click on send email. ? V. Complete the Discussion Assignment below. Assignment Submission: Chapter 16 Discussion Assignment Instructions: Submit your answers to the questions below to [email protected]. ? 1. What are the major advantages of the indirect method of reporting cash flows from operating activities? ? 2. A corporation issued $200,000 of common stock in exchange for $200,000 of fixed assets. Where would this transaction be reported on the Statement of Cash Flows? ? 3. A corporation issued $5,000,000 of 20 year bonds for cash at 105. How would the transaction be reported on the Statement of Cash Flows? ? 4. Is depreciation a source of cash flow? 5. When a statement of cash flows is prepared using the direct method, what are some of the operating cash flows?