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Home / Questions / In what way is free cash flow different from net cash flows as shown on a cash flow statem

In what way is free cash flow different from net cash flows as shown on a cash flow statem

In what way is free cash flow different from net cash flows as shown on a cash flow statement?

54) Given the following information for Cat Castle Incorporated prepare their statement of cash flows for December 31, 2011.

December 31, 2011.

2011*2010*

Cash375250

Accounts receivable8575

Interest receivable56

Inventory8095

Prepaid Expenses4810

Long Term - Note

receivable90125

Property, plant and

Equipment325330

(net of depreciation)

Accounts payable3320

Accrued liabilities4556

Common Shares825755

Retained Earnings10560

Net income50

Depreciation expense2

Gain on sale of property1.5

* in 000s

55) Given the following information for Rat Rack Incorporated prepare their statement of cash flows for December 31, 2011.

2011*2010*

Cash550365

Accounts receivable7585

Inventory3562

Prepaid Expenses225

Long Term - Note

receivable112300

Property, plant and

Equipment430460

(net of depreciation)

Accounts payable1340

Accrued liabilities1283

Common Shares934914

Retained Earnings265240

Net income50

Depreciation expense30

Dec 10 2019 View more View Less

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