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Exercise 1
Classify each of the following transactions as an operating activity, an investing activity or a financing activity cash flow, or a non cash transaction - Indicate also its effect on the Income statement (increase or decrease the profit)
Exercise 2
Prepare the statement of Cash flows for 2007, using the indirect method, with the financial statements and additional information as below:
Additional information
Computation of break-even-point and contribution margin ratio - Breakeven Point, Cost Structure, and Target Sales
Prepare the journal entry to record amortization expense for the first year. Show how this patent is reported on the balance sheet at the end of the first year.
Prepare the amortization schedule for the bonds. Prepare the journal entries to record the semiannual interest on July 1, 2010, and December 31, 2010.
How many shares of common stock are outstanding and assuming that all shares were sold at the same price, what was the original selling price per share?
What is the net present value of the proposed investment ignore income taxes and depreciation and assuming a 5-year straight-line depreciation, how will this impact the factory's fixed costs for each of the 5 years (and the implied product costs)? ..
question cajun ltds equity at 30 june 2011 was as given400 000 ordinary shares issued at 1.60 fully paid 640 000500 000
Calculate the acid-test ratio at December 31, 2011 and calculate the acid-test ratio at December 31, 2011. Round your answer to two decimal places.
Analysis of the receivables indicates doubtful accounts of $20,000 - in March of the following fiscal year, the $550 owed by Flake Co. on account is written off as uncollectible.
Many corporations and government entities have an internal auditing function and a separate fraud investigation function either as a subunit of internal auditing or security or as a separate unit within the organization.
questionusing the information below and on the next two pages prepare the following as at 30th june 2014part a
Prepare the consolidated financial statements for Peony at December 31, 20X6 using the direct method. Show all your work.
bond p is a premium bond with an 9.7 percent coupon. bond d is a 5.7 percent coupon bond currently selling at a
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