Reference no: EM131834650
Question 1 : KRJ Corporation reported annual sales revenue of $7,285 million. Accounts receivable at the beginning of the year was $727 million and at the end of the year it was $542 million. Deferred revenue at the beginning of the year was $89 million and at the end of the year it was $81 million. How much cash (in $ millions) was received from customers during the year?
Question 2 : KRJ Corporation reported insurance expense of $499 million. At the beginning of the year prepaid insurance was $37 million and at the end of the year it was $66 million. How much cash (in $ millions) was paid for insurance during the year?
Question 3 : KRJ Corporation reported tax expense of $864 million for the year. Taxes payable at the beginning of the year was $119 million and at the end of the year it was $141 million. Deferred taxes at the beginning of the year was $160 million and at the end of the year it was $148 million. How much cash (in $ millions) was paid for taxes during the year
Question 4 : KRJ Corporation reported cost of goods sold of $840 million for the year. Inventory at the beginning of the year was $193 million and at the end of the year it was $195 million. Accounts payable at the beginning of the year was $157 million and at the end of the year it was $156 million. How much cash (in $ millions) was paid for inventory purchased during the year?
Question 5 : KRJ Corporation reported cost of goods sold of $889 million for the year. Inventory at the beginning of the year was $164 million and at the end of the year it was $247 million. Accounts payable at the beginning of the year was $124 million and at the end of the year it was $172 million. How much cash (in $ millions) was paid for inventory purchased during the year?
Question 6 : In its statement of cash flows KRJ Corporation reported cash received from sales of $885 million. It also reported cash paid for inventory of $388 million, cash paid for other operating expenses of $210 million, cash paid for interest of $63 million, and cash paid for taxes of $144 million. What was the company's net cash flow from operating activities (in $ millions) for the year? If net cash flows from operating activities is negative, be certain to place a negative sign in front of your answer.
Question 7 : KRJ Corporation reported annual sales revenue of $11,478 million. Accounts receivable at the beginning of the year was $391 million and at the end of the year it was $636 million. How much cash (in $ millions) was received from customers during the year?
Question 8 : KRJ Corporation reported annual sales revenue of $7,713 million. Accounts receivable at the beginning of the year was $695 million and at the end of the year it was $534 million. How much cash (in $ millions) was received from customers during the year?
Question 9 : KRJ Corporation reported annual wages expense of $8,495 million. Wages payable at the beginning of the year was $370 million and at the end of the year it was $667 million. How much cash (in $ millions) was paid to employees as wages during the year?
Question 10 : KRJ Corporation reported annual wages expense of $6,697 million. Wages payable at the beginning of the year was $342 million and at the end of the year it was $292 million. How much cash (in $ millions) was paid to employees as wages during the year?
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