A firm with no net debt reports cash flow from operations of $4,219 million in i

Question

A firm with no net debt reports cash flow from operations of $4,219 million in its cash flow invest statement after adding $1,389 million in accruals to earnings. It reported cash. investments operations of $2,612 million. What was the firm's free cash flow and earnings for the period? A firm reported revenues of $623 million on its income statement. Accounts receivable at t ie beginning of the year were $281 million and $312 million at the end of the year. How much cash was received from customers? A firm paid SI28 million in income taxes during a year. Income taxes payable at the beginning of the year were $67 million and $23 million at the end of the year. There were no deferred taxes. What was the income tax expense on its income statement for the year? A firm reported $405 million in revenue and an increase in receivables of $32 million. What was the cash generated by the revenues? A firm reported wages expense of $335 million and cash paid for wages of $290 million. What was the change in wages payable for the period? A firm reported net property, plant, and equipment (PPE) of $873 million at the beginning of the year and $923 million at the end of the year. Depreciation on the PPE was $131 million for the year. There were no disposals of PPE. How much new investment in PPE was there during the year?

Explanation / Answer

a.Cash Generated by revenue =$ 373 (405-32)

b.Increase in wages payable = $ 45.

c.

$ Closing value of asset 923 Add:Depreciation 131 Lee:Opening Value of asset 876 New Investment IN PPE 178

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