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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.
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
Kieran has asked you to state which of the suppliers' offers you would recommend and any other potential concerns you may have. Write a memo to Kieran and remember that Zenn Canada currently has a limited number of headlamps in inventory
Prepare a budgeted income statement and a budgeted statement of retained earnings for the year ended December 31, 2013, using absorption costing.
a compute the break-even point in total sales dollars and in units for 2014.b peri has proposed a plan to get the
Tech Master is an information technology (IT) consulting company offering services to small firms.
Prepare the direct material usage budget and the direct material purchases budget and prepare the direct manufacturing labour cost budget - prepare the manufacturing overhead cost budget.
Prepare Company financial statements
liabilitiesthe following items are extracted in a random order from the accounting records of mst corp for the period
Explain how the budget constraint of househould in two-period model is affected by each of the following changes. In each case, do you think the household is better off or worst off or is the answer ambiguous?
What is the growth rate in sales for the past three years and are revenues and expenses growing at the same rate? What was the experience in the past few years - what is the current growth rate in the economy?
ryt aka rotyourteeth candy company sells lollipops.last year the company sold 10000000 lollipops for 1000000.the
Direct materials used during the year amount to $59,800, and the cost of goods sold for the year was $68,900.
Allocate the service department costs based on air miles and evaluate World Airlines use of air miles as a basis for allocation. Do you think the cause-and-effect relationship is strong?
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