Reference no: EM13812989
Three Types of Activities:
For each of the following transactions on the statement of cash flows, indicate whether it would appear in the Operating Activities section (O), in the Investing Activities section (I), or in the Financing Activities section (F). Assume the use of the direct method in the Operating Activities section.
1. Repayment of long-term debt
2. Purchase of equipment
3. Collection of customer's account
4. Issuance of common stock
5. Purchase of another company
6. Payment of dividends
7. Payment of income taxes
8. Sale of equipment
Direct versus Indirect Method
For each of the following items, indicate whether it would appear on a statement of cash flows prepared using the direct method (D) or the indirect method (I).
1. Net income
2. Increase in accounts receivable
3. Collections on accounts receivable
4. Payments on accounts payable
5. Decrease in accounts payable
6. Depreciation expense
7. Gain on early retirement of bonds
8. Cash sales
Direct Method
Fill in the blank for each of the following situations.
Balance Sheet Beginning Ending Income Statement
Cash Inflow
1. Accounts receivable $2,000 $5,000 Sales on account, $15,000
2. Prepaid insurance $4,000 $3,000 Insurance expense, $7,000
3. Income taxes payable $6,000 $9,000 Income tax expense, $20,000
4. Wages payable $5,000 $3,000 Wages expense, $25,000
Brief Indirect Method
For each of the following items, indicate whether it would be added to (A) or deducted from (D) net income to arrive at net cash flow provided by operating activities under the indirect method.
1. Increase in accounts receivable
2. Decrease in prepaid rent
3. Decrease in inventory
4. Decrease in accounts payable
5. Increase in income taxes payable
6. Depreciation expense
7. Gain on sale of equipment
8. Loss on early retirement of bonds
|
Based on the number and types of variables present select t
: Based on the number and types of variables present, select the most appropriate display for each of the following: Rent charged (in dollars) and apartment size (in sq. ft.) of a sample of one-bedroom apartments in State College. A) Bar Graph B) Histo..
|
|
Discuss the image of black americans during slavery
: Discuss the image of black Americans during slavery
|
|
Describe the structure of the u.s. national government
: Describe the structure of the U.S. national government and evaluate the roles of major forces shaping the formation of public policy including public opinion, interest groups, and political parties.
|
|
Roles has on a judge''s decision making process
: Describe the key roles that you believe legal subculture described in Chapter 12 plays in a courtroom setting. Examine the effect that each of these roles has on a judge's decision- making process when he / she is hearing a case. Provide a rationale ..
|
|
Transactions on the statement of cash flows
: Transactions on the statement of cash flows, indicate whether it would appear in the Operating Activities section
|
|
Advantages of the three main topologies- ring bus and star
: Write a paper detailing the advantages and disadvantages of the three main topologies: Ring, Bus, and Star
|
|
Influences are the most influential to the process
: From the e-Activity, describe at least three (3) influences on decision making by a judge. Indicate at least two (2) reasons why you believe these influences are the most influential to the process.
|
|
What is level of it-business integration for organization
: What is the level of IT-business integration for your organization? How is the value of IT assessed in your organization? How might your organization improve IT strategic alignment with business?
|
|
A sample is drawn in the following manner with total sample
: A researcher wants to compare the testosterone levels among athletes in four sports: soccer, track, Lacrosse, and water polo. A sample is drawn in the following manner with total sample size was n =30 (10 soccer, 10 track, 5 Lacrosse, and 5 water pol..
|