Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question 1: Calculate financing cash flows
Dristell Inc. had the following activities during the year (all transactions are for cash unless stated otherwise): A building with a book value of $400,000 was sold for $500,000. Additional common stock was issued for $160,000. Dristell purchased its own common stock as treasury stock at a cost of $75,000. Land was acquired by issuing a 6%,10-year, $750,000 note payable to the seller. A dividend of $40,000 was paid to shareholders. An investment in Fleet Corp.'s common stock was made for $120,000. New equipment was purchased for $65,000. A $90,000 note payable issued three years ago was paid in full. A loan for $100,000 was made to one of Dristell's suppliers. The supplier plans to repay Dristell this amount plus 10% interest within 18 months. east-m 21.0 $79:
Required:
Question 2: Calculate net cash flows from ?nancing activities. (Cash outflows should be indicated with a minus sign.)
Using the Internet and Strayer Library, research the accounting treatment for cloud computing software purchases. Next, imagine that your company is interested in using cloud computing for all of its software purchases from a third party vendor.
razier Manufacturing Company collected the following production data for the past month:- If the high-low method is used, what is the monthly total cost equation?
Calculation of number of stock outstanding - How many shares of common stock are outstanding and What was the average issue price per share of preferred stock?
Prepare a classified balance sheet in report form.- Prepare a multiple-step income statement combined with a reconciliation of retained earnings for the year ended December 31, 2012.
a single basis (or activity base) should be used for all costs.GAAP requires the use of industry-mandated standardized activity bases.
Prepare the suitable journal entry, if any, to record this accounting change. Purpose the journal entry to record depreciation for 2013.
A hotel has 20,000 room nights available per annum, charges $60 per room per night, pays fixed costs of $120,000 per annum and variable costs.
Determine the amounts that would appear in Dr. Wells' balance sheet. what is the asset. what is the liablity. what is the owners equity
government accounts items requiring passing of journal entries in the general fund.the city of brownsville engaged in
You buy office furniture. The office will be open for 6 years, and then you will sell the furniture. The purchase price of the furniture is $40,000. It will contribute to the profitsin the amount of $20,000 per year. MARCS is 7 years with 150% DB. Co..
What is the consolidated balance for the Equipment account as of December 31, 2012 - Prepare consolidation worksheet entries for December 31, 2011, and December
What is the value of the interest tax shield? Suppose a firm has $10 million in debt that it expects to hold in perpetuity . if the interest rate is 7%
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd