NO.PZ2017102901000036
问题如下：
In 2014, a company using US GAAP made cash payments of $6 million for salaries, $2 million for interest expense, and $4 million for income taxes. Additional information for the company is provided in the table:
Based only on the information given, the company’s operating cash flow for 2014 is closest to:
选项：
A.$6 million.
B.$10 million.
C.$14 million.
解释：
A is correct.
Operating cash flows = Cash received from customers – (Cash paid to suppliers + Cash paid to employees + Cash paid for other operating expenses +Cash paid for interest + Cash paid for income taxes)
Cash received from customers = Revenue + Decrease in accounts receivable
= $37 + $3= $40 million
Cash paid to suppliers = Cost of goods sold + Increase in inventory – Decrease in accounts payable
= $16 + $4 + $2 = $22 million
Therefore, the company’s operating cash flow = $40 –$22 – Cash paid for salaries – Cash paid for interest – Cash paid for taxes = $40 –$22 – $6 – $2 –$4= $6 million.
我个人的理解是，比如计算cash received from customers，是以revenue为基础来调整，所以直接用期末值；
而计算cash received from supplier，是以purchase为基础调整，所以这边purchase也应该用期末值，而根据BASE法则计算COGS，所有BASE法则里的项目也应该都用期末值，所以COGS也是期末值。
不知道这样理解对吗？
也辛苦助教看下我的笔记，直接法下的项目需要标△的是否都准确？
谢谢啦~
