Cash Outflows Cash Inflows $50,000 $40,000 $30,000 $20,000 $10,000 $0 $(10,000) $(20,000) Cash Flows for Competing Companies Gadberry Nessly Tootsey $(30,000) $(40,000) Operating Activities Investing Activities Financing Activities $(50,000) Gadberry Nessly Tootsey Net Income (Loss) for Competing Companies $(40,000) $(30,000) $(20,000) $(10,000) $0 $10,000 $20,000 $30,000 $40,000 Net Loss Net Income ***View on Tableau Public DC D 1. Which company generates the most cash inflow from operating activities? 2. Which of these companies report "Net cash used in investing activities"? 3. Calculate the total net increase or decrease in cash for (a) Gadberry, (b) Nessly, and (c) Tootsev. Share

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 10MCQ
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As consultants in advisory services at an accounting firm, we are hired by management of Gadberry to advise on cash flow reporting. Management is concerned about the relatively small net increase in cash, and how the company is doing compared to competitors Nessly and Tootsey. The following Tableau Dashboard will assist in our analysis.

Cash Outflows Cash Inflows
$50,000
$40,000
$30,000
$20,000
$10,000
$0
$(10,000)
$(20,000)
Cash Flows for Competing Companies
Gadberry
Nessly
Tootsey
Transcribed Image Text:Cash Outflows Cash Inflows $50,000 $40,000 $30,000 $20,000 $10,000 $0 $(10,000) $(20,000) Cash Flows for Competing Companies Gadberry Nessly Tootsey
$(30,000)
$(40,000)
Operating Activities
Investing Activities
Financing Activities
$(50,000)
Gadberry
Nessly
Tootsey
Net Income (Loss) for Competing Companies
$(40,000) $(30,000) $(20,000) $(10,000)
$0 $10,000 $20,000 $30,000 $40,000
Net Loss Net Income
***View on Tableau Public
DC D
1. Which company generates the most cash inflow from operating activities?
2. Which of these companies report "Net cash used in investing activities"?
3. Calculate the total net increase or decrease in cash for (a) Gadberry, (b) Nessly, and (c) Tootsev.
Share
Transcribed Image Text:$(30,000) $(40,000) Operating Activities Investing Activities Financing Activities $(50,000) Gadberry Nessly Tootsey Net Income (Loss) for Competing Companies $(40,000) $(30,000) $(20,000) $(10,000) $0 $10,000 $20,000 $30,000 $40,000 Net Loss Net Income ***View on Tableau Public DC D 1. Which company generates the most cash inflow from operating activities? 2. Which of these companies report "Net cash used in investing activities"? 3. Calculate the total net increase or decrease in cash for (a) Gadberry, (b) Nessly, and (c) Tootsev. Share
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