Calculate resulting cash flow and state nature of cash flow

Assignment Help Accounting Basics
Reference no: EM13851831

1) For each of the following transactions, calculate the resulting cash flow and state the nature of cash flow namely, operating, investing and financing.

a) Acquired machinery for ?2,50,000 paying 20% down and executing a bond for the balance amount.

b) Paid ?2,50,000 to acquire shares in Infosys Ltd. And received a dividend of ?50,000 after acquisition.

c) Sold machinery of original cost ?2,00,000 with an accumulated depreciation of ?1,60,000 for ?60,000 only.

2) Classify the following transactions according to ‘operating', ‘investing' and ‘financing' activities:

a) 500, 12% Debentures of ?100 each converted into equity shares of equal amount.

b) 10,000 equity shares of ?10 each issued to supplier of machinery.

c) Profit on sale of fixed assets ?15,000

d) Dividend received on shares ?8,000.

Reference no: EM13851831

Questions Cloud

State and explain the central limit theorem : State and explain the Central Limit Theorem
Draw and find the area under the standard normal curve : Draw and find the area under the standard normal curve - Find the indicated z-score and Which normal curve has the greatest mean and standard deviation? And which normal curve has the smallest mean and standard deviation?
Examiner office for a major metropolitan : Imagine that you work at the medical examiner's office for a major metropolitan city. As Chief Medical Offi cer, you investigate suspicious deaths and provide toxicology services for the county. Unfortunately, it's been a busy week. In the past fi..
Relative prices Use exchange rate to make the conversion : How large is the economy of Japan? Japanese GDP in 2010 was 480 trillion yen (U.S. GDP, again was $14.5 trillion). The exchange rate in 2010 was 87.8 yen per dollar. What is the ratio of Japanese GDP to U.S. GDP if we don't take into account the diff..
Calculate resulting cash flow and state nature of cash flow : Calculate the resulting cash flow and state the nature of cash flow namely, operating, investing and financing. Acquired machinery for ?2,50,000 paying 20% down and executing a bond for the balance amount.
Trying to sell your audio system : You are trying to sell your audio system (an amplifier and speakers) to raise money for an upcoming trip to overseas. The system works great, and audiophile friend tell you that if he were in the market for this kind of equipment (which he isn’t), he..
Examine the risk factors and the various protective factors : As part of your training for the interns, you will create a scripted Microsoft PowerPoint presentation that covers the following: Examine the risk factors and the various protective factors that may mitigate the level of risk
Summarize the facts of the case - roper v simmons : Read the Roper V Simmons 543 U.S. 551. Summarize the facts of the case in a 200-word summary of the case that includes the issue the Supreme Court was asked to decide on. After summarizing the case, provide a 200-word analysis of the decision and in..
Question regarding the lab report assistant : This document is not meant to be a substitute for a formal laboratory report. The Lab Report Assistant is simply a summary of the experiment's questions, diagrams if needed, and data tables that should be addressed in a formal lab report. The inte..

Reviews

Write a Review

Accounting Basics Questions & Answers

  One small grill company is a start up firm with the

one small grill company is a start up firm with the following profile unit selling price 230 variable cost perunit 130

  Exposure to exchange rate risk

A U.S. firm has a Canadian subsidiary that remits some of its earnings to the parent on an annual basis. The firm has no other foreign business. The firm could best reduce its exposure to exchange rate risk by issuing bonds denominated in:

  How much higher or lower would the companys first-year net

reeses tot toy boxes uses variable costing to manage its internal operations. the following data relate to the companys

  Journalist compromising national security

You're a journalist for an up-and-coming online news website. You are inadvertently given some information that you know would increase your website's popularity, but could potentially compromise national security.

  Assume the total increase to grant incs 2012 net income

grant inc. acquired 30 of south companys common stock for 350000 on january 1 2011. during 2011 south company reported

  Current net operating income level

Francisca wants to give its sales staff a $60,000 increase in salary but still wants to make the same net operating income. If Francisca gives this increase, by how much would sales at Francisca have to increase in order for the company to maintai..

  What is the estimated total cost for the coming year if

pams stables used two different independent variables trainer hours and number of horses in two different equations to

  Declined in value since acquired

LO.1, 2, 3, 10 Simon owns stock that has declined in value since acquired. He has decided either to give the stock to his nephew, Fred, or to sell it and give Fred the proceeds.

  Prepare the journal entries for both the lessee and lessor

winston industries and ewing inc. enter into an agreement that requires ewing inc. ton build three diesel-electric

  Taxable to the shareholders receiving stock

Which one of the following distributions would not be taxable to the shareholders receiving stock?

  Describe the primary advantages and disadvantages of

discuss the primary advantages and disadvantages of applying the direct write-off and the allowance method of writing

  On the first day of the fiscal year a company issues a

on the first day of the fiscal year a company issues a 1000000 7 5 year bond that pays semi-annual interest of 35000

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