1borrowed 540000 in jan 2014 made 12 monthly payments

Assignment Help Accounting Basics
Reference no: EM13569968

1.Borrowed $540,000 in jan 2014, made 12 monthly payments during the year, reducing the balance of the loan by 40,628. 2. issued common stock for 0.99 million. 3.purchased 9900 shares of treasury stock at $14 per share. 4.reissued 4,100 shares of treasury stock at $16 per share. 5.declared and paid a cash dividend of 112,200. Need help in preparing cash flows for the year ended dec 31, 2014 using indirect method.

Reference no: EM13569968

Questions Cloud

Advance products inc has just organized a new division to : advance products inc. has just organized a new division to manufacture and sell specially designed tables using select
Whether home depot did better or worse than lowes for both : a. format of paper the paper needs to be typed. hand-written paper will not be accepted. other requirements are as
Boston company completed the following transactions use a 9 : boston company completed the following transactions use a 9 percent annual interest rate for all transactions a.
Read from stretched to strengthened this is the ibm chief : read from stretched to strengthened this is the ibm chief marketing officer study which was conducted in 2011. the
1borrowed 540000 in jan 2014 made 12 monthly payments : 1.borrowed 540000 in jan 2014 made 12 monthly payments during the year reducing the balance of the loan by 40628. 2.
Green corporation issued 1000000 of 12 bonds dated january : green corporation issued 1000000 of 12 bonds dated january 1 2013 for 975000 plus accrued interest. the bonds mature on
Explain how the british true and fair audit approach or : explain how the british true and fair audit approach or strategy differs from the audit philosophy applied in the
Received a gift of 1000 shares of ace corporation stock : alice johnson social security number 222-23-3334 is single taxpayer and is employed as a secretary by state university
Research relevant databases to identify important recent : research relevant databases to identify important recent developments within frances accounting profession including

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd