Use the above information to determine this company’s cash flows from investing activities.

a.    Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000.
b.    Paid $89,000 cash for a new truck.
c.    Sold land costing $154,000 for $198,000 cash, yielding a gain of $44,000.
d.    Long-term investments in stock were sold for $60,800 cash, yielding a gain of $4,150.
 
Use the above information to determine this company’s cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)

Explanation:

Cash received from sale of equipment = Book value − loss = $65,300 − $14,000 = $51,300

Use the above information to determine this company’s cash flows from financing activities.

a.    Net income was $35,000.
b.    Issued common stock for $64,000 cash.
c.    Paid cash dividend of $14,600.
d.    Paid $50,000 cash to settle a note payable at its $50,000 maturity value.
e.    Paid $12,000 cash to acquire its treasury stock.
f.    Purchased equipment for $39,000 cash.
    
Use the above information to determine this company’s cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)

Answer

Peugeot S.A. reports the following financial information for the year ended December 31, 2011 (euros in millions). (Hint: Each line item below is titled, and any necessary parentheses added, as it is reported in the statement of cash flows.)

Peugeot S.A. reports the following financial information for the year ended December 31, 2011 (euros in millions). (Hint: Each line item below is titled, and any necessary parentheses added, as it is reported in the statement of cash flows.)
                                  
  Net income    €    784                Cash paid for purchases of treasury stock    €    (199)   
  Depreciation and amortization         3,037         Cash paid for other financing activities         (2,282)   
  Gains on disposals and other         (883    )    Cash from disposal of plant assets and intangibles         189   
  Net increase in current operating assets         (1,183    )    Cash paid for plant assets and intangibles         (3,921    )
  Cash paid for dividends         (290    )    Cash and cash equivalents, December 31, 2010         10,442   
 

Prepare its statement of cash flows under the indirect method. (Enter your answers in millions. Amounts to be deducted should be indicated with a minus sign.)


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