Identify the hard and soft components of the income

Reference no: EM131491505

Question: Following the Trail: Identifying Hard and Soft Components of Income (Easy) A firm reported after-tax operating income of $1,298 million. Free cash flow of $234 million was calculated from the cash flow statement.

a. Identify the "hard" and "soft" components of the income.

b. The free cash flow is after $687 million in cash investments. What were the operating accruals for the year?

Reference no: EM131491505

Questions Cloud

Find realization principle as desirable accounting principle : The realization principle, which recognizes revenues at point of sale, is said to be an accounting principle that improves the quality of reporting.

How much will hector pay over the course of next six years : His first option is a loan with 3% interest over six years. How much will Hector pay over the course of the next six years if he chooses this option?

What are the unique characteristics of special revenue funds : What are the unique characteristics of the Special Revenue funds? What elements of the Special Revenue Funds changed under GASB No. 54?

Prepare the schedule cost of goods manufactured : Prepare the schedule Cost of Goods Manufactured. Prepare the "current asset" section of the balance sheet as at 1/31/2016.

Identify the hard and soft components of the income : Following the Trail: Identifying Hard and Soft Components of Income (Easy) A firm reported after-tax operating income of $1,298 million. Free cash flow of $234.

Do projects go from green to red overnight : Do projects go from green to red overnight? If they do, what is the likely cause?

Job of cio for disney in orlando : Write a two-page paper that lists and discusses the top ten tasks you will work on and why these tasks are important in this new role.

Explain income shifting and net operating assets : Income Shifting and Net Operating Assets (Easy) The chief financial officer of a firm presented the CEO with a set of financial statements showing $2,234.

Electronically exchanged information : There are many users of electronically exchanged information including hospitals, consumers, and communities.

User Account

All Pages