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 DetailsAmount
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 2235Related Questions
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