Award: 4.80 out of 6.00 points Refer to the consolidated statements of cash flow

Question

Award: 4.80 out of 6.00 points Refer to the consolidated statements of cash flows of the Campbell Soup Company annual report in the appendix Required: a. Identify the two most significant sources of cash from operating activities during 2014. How much of a cash source amount do these items represent? Net earnings Depreciation and amortization expense Cash provided by the two most significant operating sources 305 1,112 $ b. What was the firm's most significant investing activity during 2014, and how much cash did this activity use or generate? Purchases of plant assets S 347 % c. Identify the two most significant financing activities during 2014. What was the net effect on cash of these items? (Negative amounts should be indicated by a miny 326 32°C CPUTE Dividends paid Repayments of notes payable Cash used by the two most significant financing activities (700) (1,091) $

Explanation / Answer

a)

b) Purchase of plant assets = (347)

c)

Net earnings 807 Depreciation and amortization expense 305 Cash provided by two most significant operating sources 1112

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