Explain this apparent contradiction

Assignment Help Accounting Basics
Reference no: EM132879332

Problem - Cash flows from operating activities-net loss - On its income statement for a recent year, Continental Airlines, Inc. reported a net loss of $68 million from operations. On its statement of cash flows, it reported $457 million of cash flows from operating activities.

Required - Explain this apparent contradiction between the loss and the positive cash flows?

Reference no: EM132879332

Questions Cloud

Employee motivation affects organizational behavior : Research, analyze and interpret how employee motivation affects organizational behavior as well as three strategies an organization
What total amount be included as related party disclosures : During 2014,What total amount should be included as related party disclosures in Jane Company's 2014 consolidated financial statements?
Implementing organisational policies and procedures : What are the benefits of developing and implementing organisational policies and procedures that support staff training and team development?
What is the value of the cost pool : Healthcare providers can lower their financial risk by matching the cost structure to the revenue structure. For example, providers that are primarily reimburse
Explain this apparent contradiction : On its income statement for a recent year, Continental Airlines, Inc. reported a net loss of $68 million from operations. Explain this apparent contradiction
Prepare schedule to allocate partnership income to puti : Prepare schedule to allocate partnership income to Puti, Pula and Itim. Distribution of Profits or Losses based on partner's agreement Puti, Pula are partners.
What are the difference between accounts receivable : What are the difference between accounts receivable, allowance for doubtful accounts, and a bad debt?
Thinking about time management skills : Thinking about Time Management Skills respond to the following questions:
Role of the key stakeholders for project kick-off meeting : Describe the purpose of a business case and its main contents. Discuss the role of the key stakeholders for the project kick-off meeting.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Different approaches to system installation

What are the different approaches to system installation? Which is the most costly and least expensive? What are the risks with each method?

  Describe professional techniques for increasing reliability

Briefly describe how professional techniques for increasing reliability and safety could have prevented these failures.

  Maximizing investor losses

After reviewing the scenario, compare and contrast the at-risk rules and passive activity limits. Discuss the purpose for each, and suggest as least two (2) tax-planning strategies for ensuring that the IRS allows passive losses in order to reduce..

  Discuss the treatment and disposition of waste material

Trained as a mining engineer, David has developed considerable expertise in the treatment and disposition of waste material

  Write a report to the chief finance officer

You are a manager at an audit company. You are currently auditing XYZ Ltd. XYZ Ltd currently has a number of material operating leases reported in the 2015 financial statements.

  Compute the company contribution margin per unit

Blanchard Company manufactures a single product that sells for $150 per unit. Compute the company contribution margin per unit

  Estimate the unlevered beta for Time Warner

Estimate the unlevered beta for Time Warner. Estimate the effect of reducing the debt ratio by 10% each year for the next two years on the beta of the stock

  Differentiate purchases journal and cash receipts journal

Refer to Exercise and for each of the April transactions identify the journal in which it would be recorded. Assume the company uses a sales journal.

  Discuss what is the direct labor rate variance

What is the amount of the fixed factory overhead volume variance, For each unit produced, the direct materials requirements are as follows

  Asume that you are elevating the efficiency of lamprinos

assume that you are elevating the efficiency of lamprinos bill-paying procedures. which accounting method - net cost

  How do you calculate the current ratio

There are multiple ratios to show the health of a business. How do you calculate the Current Ratio and what does it indicate?

  Prepare an incremental analysis for gator corporation

Prepare an incremental analysis for Gator Corporation. Determine whether the company should eliminate the gloves and mittens line?

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