Following financial statements and additional information

Assignment Help Managerial Accounting
Reference no: EM13900035

Use the following financial statements and additional information to

(1) Prepare a statement of cash flows for the year ended December 31, 2014, using the indirect method, 

(2) Analyze and briefly discuss the statement prepared in part 1 with special attention to operating activities and to the company's cash level.

557_267-B-M-A-S-C-F (2052).png

Additional Information:

a. No dividends are declared or paid in 2014. 

b. Issued additional stock for $ 10,000 cash in 2014. 

c. Purchased equipment for cash in 2014; no equipment was sold in2014 

Reference no: EM13900035

Questions Cloud

Federal government enacts new tariffs and quotas : The federal government enacts new tariffs and quotas on all imports
Compare transformational manage with transactional manager : Compare and contrast the "transformational" manager/leader with the "transactional" manager/leader. Who do you think can better take the pulse of a group, understand its unspoken currents of thought and concerns, and communicate with people in ter..
Embrace the vision of marketplace ministry : In recent years the universal church of Christ has started to embrace the vision of 'Marketplace Ministry'. Many Christians are now seeing themselves as marketplace ministers, but are we really? Are we to be considered marketplace ministers becaus..
How many units would have to be sold to just breakeven : Assuming that direct labor is a variable cost, how many units would the company have to sell at the price you computed in (2) above to achieve the T8% ROI? How many units would have to be sold to just breakeven?
Following financial statements and additional information : (1) Prepare a statement of cash flows for the year ended December 31, 2014, using the indirect method,
Discuss the role of leadership and teambuilding : Critically discuss the role of leadership and teambuilding in project management utilising appropriate theoretical models to identify how project staff can be led and motivated.
What unique difficulties in juvenile justice programs : What unique difficulties do male practitioners face in working with girls in juvenile justice programs? In light of these issues, should only female practitioners be allowed to work with girls? Why or why not
Define cause an increase in the natural rate of unemployment : cause an increase in the natural rate of unemployment?
What should subordinates do when managers act unethically : What should subordinates do when managers act unethically or encourage them to engage in unethical practices and discuss an example of a corporate ethics scandal other than Enron.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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