This chapter explained that many companies

Assignment Help Managerial Accounting
Reference no: EM13930335

Sirius XM Radio Inc. was created by a merger between Sirius Radio and XM Radio, in July 2008. Sirius Radio was formed in 1990, and XM Radio began in 1992, although these companies did not generate any significant amounts of revenue in the early years of their existence. Neither XM, Sirius, nor the combined company, Sirius XM Radio, earned a profit until 2010. Its cumulative net losses totaled $10 billion by the end of 2010. Sirius XM's statements of cash flows for 2008, 2009, and 2010 follow.

Required: 

a. This chapter explained that many companies that report net losses on their earnings statements report positive cash flows from operating activities. How do Sirius XM's net incomes compare to its cash flows from operating activities? 

b. Based only on the information in the statements of cash flows, does Sirius XM appear to be growing the capacity of its business? Explain. 

c. In 2010 Sirius XM paid off over $1.262 billion of long term borrowings and $142 million of related-party long term borrowings. Where did it get the funds to repay this debt? 

d. All things considered, based on the information in its statements of cash flows, did Sirius XM's cash position appear to be improving or deteriorating?

Reference no: EM13930335

Questions Cloud

Study of individual behaviour-individual industry : Micro economics- study of individual behaviour -individual industry like education, meat industry, tourism and agriculture. Choose any one industry from Australia and discuss the reforms been done in that industry.
Rewrite the sql statement to make it correct. : Tell why the following SQL statement is incorrect
Explain how gdp is measured in your country : Explain how GDP is measured in your country (Nepal). Provide real life examples.
Develop a specific plan to address the problem : Cameron is conducting a study that addresses the differences in achievement scores between schools that use block scheduling and schools that use a traditional scheduling format. He has accessed average achievement scores for 1200 schools and now ..
This chapter explained that many companies : Based only on the information in the statements of cash flows, does Sirius XM appear to be growing the capacity of its business? Explain.
Number of non-current assets : AGES controls a number of non-current assets. To make things simple, the owner decided all non-current assets should be depreciated using the straight line depreciation method*. Details relating to assets controlled by AGES are shown below:
Price as a market-determined constant : In the model of perfect competition all firms are price-takers since they treat price as a market-determined constant. Firm Perfcomp's total revenue function is TR(Q)=P*Q in which P equals the output price. Assume that P=24 and the total cost func..
Describe intervention that would be used in organizational : Select and describe an intervention that would be used in organizational practices you selected and three types of trauma-response helping professionals for whom this intervention would be appropriate, explain why.
Minted stags to make legal tender payments : Do you think anyone would have used original (undebased) privately minted stags to make legal tender payments? Why, or why not?

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