Sample Finance Assignment For Students

Following transactions that took place during a recent fiscal year.

The table indicating whether each item:
  • Should be reported as an operating (O) activity,
  • Investing (I) activity,
  • Financing (F) activity,
  • As a non-cash (NC) transaction reported in a separate schedule,
  • Represents a cash inflow or cash outflow or has no cash flow effect. Assume use of the indirect approach.
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Sample Finance Assignment

Additional information:

  1. Accounts receivable increased $250,000 during the year and inventory decreased $500,000.
  2. Prepaid expenses increased $150,000 during the year.
  3. Accounts payable to suppliers of merchandise decreased $340,000 during the year.
  4. Accrued expenses payable decreased $100,000 during the year.
  5. Administrative expenses include depreciation expense of $90,000.
Finance assignment sample

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