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    (IFA 6) - Rendy Filiang - 1402210324

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    RENDY FILIANG
    The document contains two statements of cash flows for Lopez Inc. and Yoon Corporation for the year ended December 31, 2019. Lopez Inc. had net cash provided by operating activities of $42,000 and net cash provided by financing activities of $7,000, resulting in a net increase in cash of $32,000. Yoon Corporation had net cash provided by operating activities of ₩172,000, net cash used by investing activities of ₩43,000, and paid cash dividends of ₩50,000, resulting in a net increase in cash of ₩79,000.

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    (IFA 6) - Rendy Filiang - 1402210324

    Uploaded by

    RENDY FILIANG
    31 views6 pages
    The document contains two statements of cash flows for Lopez Inc. and Yoon Corporation for the year ended December 31, 2019. Lopez Inc. had net cash provided by operating activities of $42,000 and net cash provided by financing activities of $7,000, resulting in a net increase in cash of $32,000. Yoon Corporation had net cash provided by operating activities of ₩172,000, net cash used by investing activities of ₩43,000, and paid cash dividends of ₩50,000, resulting in a net increase in cash of ₩79,000.

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    (IFA 6)_Rendy Filiang_1402210324

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    The document contains two statements of cash flows for Lopez Inc. and Yoon Corporation for the year ended December 31, 2019. Lopez Inc. had net cash provided by operating activities of $42,000 and net cash provided by financing activities of $7,000, resulting in a net increase in cash of $32,000. Yoon Corporation had net cash provided by operating activities of ₩172,000, net cash used by investing activities of ₩43,000, and paid cash dividends of ₩50,000, resulting in a net increase in cash of ₩79,000.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    31 views6 pages

    (IFA 6) - Rendy Filiang - 1402210324

    Uploaded by

    RENDY FILIANG
    The document contains two statements of cash flows for Lopez Inc. and Yoon Corporation for the year ended December 31, 2019. Lopez Inc. had net cash provided by operating activities of $42,000 and net cash provided by financing activities of $7,000, resulting in a net increase in cash of $32,000. Yoon Corporation had net cash provided by operating activities of ₩172,000, net cash used by investing activities of ₩43,000, and paid cash dividends of ₩50,000, resulting in a net increase in cash of ₩79,000.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 6

    a)4 f)1 k)1

    b)3 g)5 l)2


    c)4 h)4 m)2
    d)3 i)5
    e)1 j)4
    Lopez Inc.
    Statement of Cash Flows
    For the Year Ended December 31, 2019

    Cash flows from operating activities


    Net income $ 34,000
    Adjustments to reconcile net income
    to net cash provided by operating
    activities:
    Depreciation expense $ 6,000
    Increase in accounts receivable -3000
    Increase in accounts payable 5000 8000
    Net cash provided by operating activities 42000
    Cash flows from investing activities
    Purchase of equipment -17000
    Cash flows from financing activities
    Issuance of common stock 20000
    Payment of cash dividends -13000
    Net cash provided by financing activities 7000
    Net increase in cash 32000
    Cash at beginning of year 13000
    Cash at end of year $ 45,000
    A) YOON CORPORATION
    Statement of Cash Flows
    For the Year Ended December 31, 2019

    Cash flows from operating activities


    Net income ₩ 160,000
    Adjustments to reconcile net income
    to net cash provided by operating
    activities:
    Depreciation expense ₩ 17,000
    Loss on sale of investments ₩ 7,000
    Decrease in accounts receivable ₩ 5,000
    Decrease in current liabilities -₩ 17,000 ₩ 12,000
    Net cash provided by operating activities ₩ 172,000
    Cash flows from investing activities
    Sale of investments
    [(74,000 – 52,000) – 7,000] ₩ 15,000
    Purchase of equipment -₩ 58,000
    Net cash used by investing activities -₩ 43,000
    Cash flows from financing activities
    Payment of cash dividends -₩ 50,000
    Net increase in cash ₩ 79,000
    Cash at beginning of year ₩ 78,000
    Cash at end of year ₩ 157,000

    B) Free Cash Flow Analysis


    Net cash provided by operating activities ₩ 172,000
    Less: Purchase of equipment -₩ 58,000
    Dividends -₩ 50,000
    Free cash flow ₩ 64,000

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