Prepare the cash flows from investing activities

Assignment Help Accounting Basics
Reference no: EM131815891

ALZ had the following balances on its non- current asset accounts at: 31 March 2014 31 March 2013 $000 $000 Tangible assets: Property, plant and equipment 27,660 28,000 Intangible assets: Deferred development expenditure 370 290 ALZ recorded the following movements of its non- current assets for the year to 31 March 2014: Property, plant and equipment was revalued upwards by $3,000,000. Property, plant and equipment disposed of during the year had a carrying value of $95,000 and incurred a loss on disposal of $23,000. Property, plant and equipment depreciation charged to profit or loss during the year was $4,055,000. Deferred development expenditure amortised during the year was $73,000 Required: Prepare the "cash flows from investing activities" section of ALZ's statement of cash flows for the year ended 31 March 2014

Reference no: EM131815891

Questions Cloud

What is the probability that a sample mean : What is the probability that a sample mean of less than $90 would be observed in any particular sample of size 225?
Prepare a forecasted contribution margin income statement : Prepare a forecasted contribution margin income statement for 2012 that shows the expected results with the machine installed
What is the probability that it will take more : Further, suppose X~N(10, 4) and Y~N(15, 3). Let T = X + Y. What is the probability that it will take more than one-half hour to fully assemble one item?
What is the lowest such stock level : The manager wants to stock enough mailing tubes each week so that the probability of running out of tubes is no higher than 0.05. What is the lowest such stock
Prepare the cash flows from investing activities : Prepare the "cash flows from investing activities" section of ALZ's statement of cash flows for the year ended 31 March 2014
Probability that a glass sheet has a thickness : What is the value of c for which there is a 99% probability that a glass sheet has a thickness measurement within the interval (3.00-c, 3.00+c)?
What is the slope of the regression equation : The regression equation for the collected data is y=1.0417x - 7.8333 What is the slope of the regression equation? Interpret its meaning here.
How much interest expense does bryant pay to the credit card : Due to poor spending habits, Bryant has accumulated $5,000 in credit card debt. He has missed several payments and now the annual interest
Compute the amount of realized gross profit : Compute the amount of realized gross profit to be recognized on the 2011 income statement, prepared using the installment-sales method

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the bonds issue price

Sedona Systems issues bonds dated January 1, 2011, that pay interest semiannually on June 30 and December 31. The bonds have a $45,000 par value and an annual.

  Types of risk that come into play during the audit process

There are many types of risk that come into play during the audit process. Describe the following four main risks:

  Prepare the journal entry to recognize the income tax

Prepare the journal entry to recognize the income tax benefit of the net operating loss in 2016. Fores elects the carryback option

  Molina medical supply company is trying to decide whether

molina medical supply company is trying to decide whether or not to continue distributing hospital supplies. the

  What amount would have been used in the year end adjusting

Warner Company's year end unadjusted trial balance shows accounts receivable of $ 99,000, allowance for doubtful accounts of $ 600 (credit), and sales of $ 280,000. Uncollectibles are estimated to be 1.5% of accounts receivable.

  This product is normally sold for 25 per unit if swola

this product is normally sold for 25 per unit. if swola increases its production to 200000 units while sales remain at

  How liquid is heavy duty tractors

What will you tell your boss? should he recommed to the board of directors that Diversified put in a bid for Heavy Duty Tractors?

  Callaghan motors bonds have 9 years remaining to maturity

callaghan motors bonds have 9 years remaining to maturity. interest is paid annually they have a 1000 par value the

  Research balanced scorecard and its application

Using these measures as examples, explain how use of the balanced scorecard can increase the economic value added within the organization.

  What is the budgeted operating income

Platz Company makes chairs. What is the budgeted operating income for 3,200 chairs sold in a month

  Problem rageding sprocket manufacturing

The manager of this production firm is faced with a potential problem: shortages in the supply of a vital gear sprocket. He is considering the development of an in-house capability to make the sprockets, knowing that the firm needs 35,000 such spr..

  What are the expected cash receipts for each month

Scare-2-B-U (S2BU) specializes in costumes for all occasions. The average price of each of its costumes is $310.

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