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The following are line items that could be found in a statement of cash flows.
1. Repurchase of common stock2. Interest received.3. Refund of income taxes.4. Principal payment on long-term notes payable.5. Cash paid to suppliers and employees.6. Increase in accounts payable.7. Purchase of property and equipment8. Proceeds from issuing a long-term note payable.9. Cash paid for taxes.10. Principal payments under capital lease obligations.11. Depreciation expense.12. Payment of dividends on preferred stock.13. Principal payments on mortgages.14. Increase in accounts receivable.15. Gain on sale of equipment.16. Proceeds from issuing common stock.17. Decrease in wages payable.18. Declaration of a stock dividend.19. Cash paid to suppliers for inventory.20. Issuance of treasury stock for cash.21. Long-term loans to officers.22. Issuance of common stock for land.23. Proceeds from the sale of property, plant, and equipment.24. Cash received from customers.25. Decrease in prepaid insurance.Required:
Classify each of the items as one of the following; assuming the operating portion of the statement of cash flows is prepared on an indirect basis.
a. Cash inflow from operating activities.b. Cash outflow from operating activities.c. Cash inflow from investing activities.d. Cash outflow from investing activities.e. Cash inflow from financing activities.f. Cash outflow from financing activities.g. Positive adjustment to net income.h. Negative adjustment to net income.i. Does not appear in the operating portion of the statement of cash flows prepared on an indirect basis.j. Non-cash transaction.
Describe how the Unitarist and Pluralist approaches to conflict would explain the positions of (a) management and (b) unions in the Schweppes dispute. Identify which one of the approaches provides the better explanation. Explain how you reached th..
Review the chapter's opening feature highlighting Derick Pearson and Felecia Hatcher and their company, Feverish Ice Cream.
View of the managing director of AB Company, what price should Division B charge for XK120, and what volume should be sold in order to maximise return on investment for the company as a whole?
Plainfield Bakers manufactures and sells the popular line of fat free cookes under name Aunt May's cookies. The process Plainfield employs to manufacturer the cookies is labor-intensive; it relies heavily on direct labor.
Suppose you're a field marketing professional, responsible for marketing your company's products in South Florida region of medium-size corporation. One day you receive the CD from your corporate marketing group (based in Detroit, Michigan) which ..
How will it help them manage the enterprise? What are the limitations of the information that you provide to the management team? How can the management team ensure that they obtain a complete picture of the enterprise?
Summarize the net present value method for evaluating a capital investment opportunity. Hypothesize the circumstances that create a positive net present value. Hypothesize the circumstances that may cause the net present value of a project to be ne..
Post the July, August, and September Journal Entries on T-ACCOUNTS
Compare the income statements broken down by job using the plant wide rate and ABC. Compute the gross profit margin for each job as well as gross profit in total.
Refer to exercise 9-24. Kurt, the manager of the Ohio unit, is unhappy with the results of the controller's study.
Work-in-process inventory was $14,000 at January 1 and $17,500 at December 31. Finished goods inventory was $69,000 at January 1 and $56,800 at December 31.
For each of your issues, provide an example of a company or industry where these issues could be present.
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