FINA 5320 QUIZ PRACTICE PROBLEMS ACTUAL 2025/2026

Content Preview

FINA 5320 QUIZ PRACTICE PROBLEMS ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS JJ's has net sales of $48,920, depreciation of $711, cost of goods sold of $31,890, administrative costs of $11,210, interest expense of $680, dividends paid of $450, and taxes of $974. What is the cash flow from operations as it will appear on the accounting statement of cash flows if the firm spent $274 on net working capital? - Answer -Cash flow from operations = $48,920 − 31,890 − 11,210 − 680 − 974 − 274 Cash flow from operations = $3,892 Note that the accounting statement of cash flows includes the interest expense as an operating activity. $3,892 Quick Marts increased its cash by $418 this year. The firm's statement of cash flows shows total cash flow from financing activities of $246 and total cash flow from investing activities of −$184. What is the total cash flow from operations on this accounting statement? - Answer -$418 = Total cash flow from operations − 184 + 246 Total cash flow from operations = $356 $356 Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com Last year, Webster Farms had annual revenue of $87,200, depreciation of $11,600, cost of goods sold of $54,700, and administrative expenses of $8,300. The firm paid $3,200 in dividends and paid taxes of $2,646. What was the operating cash flow? - Answer -OCF = $87,200 − 54,700 − 8,300 − 2,646 OCF = $21,554 $21,554 During the year, Lasko's repaid $12,500 in long-term debt, borrowed $8,400, paid $611 in interest and $740 in dividends, and had an operating cash flow of $16,207. The firm acquired $33,500 in new fixed assets and sold $8,400 of old assets. Net working capital declined by $1,592 during the year. What is the annual cash flow to stockholders? - Answer -Cash flow of the firm = $16,207 − 33,500 + 8,400 − (−$1,592) Cash flow of the firm = −$7,301 CFC = $611 + 12,500 − 8,400 CFC = $4,711 CFS = −$7,301 − 4,711 CFS = −$12,012 −$12,012 JK Meadows has beginning current liabilities of $14,602 and total liabilities of $35,418. At the end of the year, the current liabilities are $15,311 and the total liabilities are $37,604. During the year, the firm paid $680 in dividends and $1,320 in interest. What is the cash flow to creditors? - Answer -CFC = $1,320 − [($37,604 − 15,311) − ($35,418 − 14,602)]CFC = −$157 Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com