What types of items would expect to see on a cash income

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Problem 1: What is the balance sheet equation? How do you calculate the firm's total equity value? How might a change in one of the key components of the balance sheet equation impact the others?

Problem 2: What is contributed capital? How could you get a value of $0 for contributed capital?

Problem 3: What types of items (expenses and/or revenues) would you expect to see on a cash income statement? How about on an accrual cash income statement? What are the differences?

Problem 4: Looking at an accrual income statement, what items from balance sheet cause total revenue to increase or decrease? What items from balance sheet cause total expenses to increase or decrease?

Reference no: EM132734765

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