Solution-Create a statement of cash flows

Create a statement of cash flows

Reference no: EM131727008

Question - Based on additional information added in Modules 2 and 3, please use the information below to make a statement of cash flows.

The beginning cash balance is $30,000.
Use the Net Income from Module 2.
Use depreciation expense of Module 1.
During the year 14, Inventory increases by $42,500.
During the year 14, Land increases by $400,000.
During the year 14, Long-Term Debts increase by $360,000.
During the year 14, the company made a secondary offering of stock and raised an additional $180,000, which includes $150,000 of Paid-in Capital.
During the year 14, the company had paid $15,000 in dividends.

Using the Indirect Method, prepare a statement of cash flows for the company in good format and compare two financial statements between the income statement and statement of cash flows. You do not need to include the income statement or balance sheet.

There are 2 specific learning outcomes: 1) apply business theories, models, and concepts to guide analysis of problems and situations and 2) utilize data driven analysis in making business decisions.

In this SLP assignment for Module 4, our emphasis will be on understanding the statement of cash flows. You will be summarizing all of what you learned the in the Cases, SLPs and Discussions.

The grading rubric below has been developed to measure student success in meeting the ACC201 Module 4 SLP expectations related to applying your knowledge of the statement of cash flows and income statement on making business decisions.

	Assignment Expectation	Weak	Marginal	Adequate	Strong
Organization	Demonstrates the ability to create content logically, concisely, and in an appropriate manner to understanding of the statement of cash flows.	There is no logical sequence of information. Wording is rambling and unfocused.	Paper does not follow a logical sequence.	Paper follows a logical sequence. There are some minor problems with sub-classification and/or results are not clear.	Paper follows a logical sequence with a correct computation and results. Each activity relates to others in a carefully organized framework.
Organization	Demonstrates the ability to support a central point or viewpoint throughout the paper.	Insufficient elaboration and/or support (e.g., computation, each activity) in the paper.	Limited elaboration and/or support in the paper.	Support with some specific details and elaboration in the paper.	Support through both specific details and elaboration apparent in the paper.
Content	Demonstrates the ability to calculate cash flows from each activity and compare cash flows with net income.	The purpose is not identified, is unclear, or inappropriate in the paper.	Purpose is occasionally unclear in the paper.	Clear purpose, but not consistently sustained throughout the paper.	Clear purpose sustained throughout the paper.
Content	Demonstrates the ability to gather and sort accounting information and data on a particular activity.	Does not have a grasp of information and appropriate data. Topic is poorly created. Supporting explanations are absent or vague. Trite ideas and/or unclear wording reflect a lack of understanding of topic.	Seems uncomfortable with information and data. Topic is evident but with little or no elaboration.	Seems comfortable with the accounting information and data. Topic is evident with some supporting details.	Demonstrates full knowledge of the topic with explanation and elaboration. The topic is well developed, effectively supported, and appropriate for the assignment. Critical thinking is clearly and creatively expressed. Data choices are well thought out.
Delivery	Demonstrates the ability to use appropriate word choice and grammar in the paper.	There are many sentences with grammatical errors. Some sentences are incomplete/halting, and/or vocabulary is somewhat limited or inappropriate.	There are a few sentences that are complete and grammatical. Word choice is not always appropriate for presentation.	Sentences are generally complete and grammatical, and they flow together easily. With a few exceptions, words are chosen for their precise meaning.	All sentences are complete and grammatical, and they flow together easily. Words are chosen for their precise meaning. Word choice illustrates grasp of content and enhances explanation.
Delivery	Demonstrates the ability to make an effective explanation outline that is free from bias.	Words chosen for an explanation are inappropriate and exhibits bias. Some readers may be confused.	Words chosen for the paper are free from bias with one or two minor exceptions.	Words have no apparent bias. There is some inappropriate explanation.	Words and explanation are completely free from bias.

SLP Assignment Expectations

Create a statement of cash flows and compare cash flows with net income.
Write 2- to 4-pages, showing computations and discussing the results.
List supporting references and cite sources.

Reference no: EM131727008

Questions Cloud

Evaluate the ethical climate of an organization : Evaluate the ethical climate of an organization you work for or are involved with. Does it have a good or bad ethical climate? Why?

Determine the best possible pricing strategy : Provide at least three (3) qualified sources, e.g., peer-reviewed journals, professional organization Website, or health care provider Websites.

Sara waters a shareholder in wicket corporation : Sara Waters, a Shareholder in Wicket Corporation, leased a building to Wicket at an annual rental of $60,000.

Reviewing the current compensation plan : As Vice President of Sales and Marketing for a large hotel chain, you are reviewing the current compensation plan for the national sales force.

Create a statement of cash flows : SLP Assignment Expectations - Create a statement of cash flows and compare cash flows with net income and List supporting references and cite sources

Analyze the changing landscape of the health care system : Analyze the changing landscape of the health care system.Differentiate the various places health care is delivered.

Consider a call centre environment : Consider a call centre environment. From an operations perspective why is variation in the length of a service call (eg one customer call make take 30 seconds

Identify and code all dummy variables : Milk production of shaded cows. Because of the hot, humid weather conditions in Florida, the growth rates of beef cattle and the milk production of dairy cows.

Four cabstands in evanston : The Green Cab Company has a taxi waiting at each of four cabstands in Evanston, Ilinois. Four customers have called and requested service.

User Account

All Pages

Create a statement of cash flows

Reference no: EM131727008

Reference no: EM131727008

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

What is the sale price at kitchen hut

Determine net cash provided by operating activities

In addition during the year the company completed the

Determine at least one 1 issue that can result when you

Calculate the incremental net income

Calculate the equipment internal rate of return

Problem regarding pairs of null and alternative hypotheses

Stakeholder position in light of the facts of case

Legal beagals inc is a legal services firm that files

Policies for budget development hector corporation is a

Leeds architectural consultants began operations on

Statement of changes in owner equity-accompanying notes

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT