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The following information was reported by The BoeingCompany in its 2004 annual r

ID: 2457683 • Letter: T

Question

The following information was reported by The BoeingCompany in its 2004 annual report (in millions ofdollars).

Decrease ininventories                                         $611

Increase in prepaidexpenses                                4,355

Depreciation andamortization                              1,412

Increase in accountspayable                                   862

Increase in accountsreceivable                              241

Increase in income taxespayable                        1,086

Netearnings                                                             3,458

Other additions to netincome                                  625

Explanation / Answer

Amount

Amount

CashFlow From Operations Details

Amount

Amount

Net Earnings 3485 Add: Depreciation Expense 1412 Less : Other additions to Net Income 625 Cash Profits 4272 Add: Decrease in Inventories 611 Increase in Accounts Payable 862 Increase in Income Taxes Payable 1086 2559 Less : Increase in Accounts Receivable 241 Increase in Prepaid expenses 4355 Cash from Operations 2235