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The financial statements of P&G are presented in Appendix 5B or can be accessed at the book's companion website, www.wiley.com/college/kieso.Refer to P&G's financial statements and the accompanying notes to answer the following questions.
(a) Which method of computing net cash provided by operating activities does P&G use? What were the amounts of net cash provided by operating activities for the years 2005, 2006, and 2007? Which two items were most responsible for the increase in net cash provided by operating activities in 2007?
(b) What was the most significant item in the cash flows used for investing activities section in 2007? What was the most significant item in the cash flows used for financing activities section in 2007?
(c) Where is "deferred income taxes" reported in P&G's statement of cash flows? Why does it appear in that section of the statement of cash flows?
(d) Where is depreciation reported in P&G's statement of cash flows? Why is depreciation added to net income in the statement of cash flows?
What are the issuer's cash proceeds from issuance of these bonds? What total amount of bond interest expense will be recognized over the life of these bonds? What amount of bond interest expense is recorded on the first interest payment date?
simon co. charges an initial franchise fee of 690000 with 150000 paid when the agreement is signed and the balance in
Peasant's investment account balance at teh beginning of 2006 was $581.000. during 2006 slave reports a net loss of $60,000 yet pays dividends totaling $25,000. Calculate the balance in the investment in peasant account at the end of 2006?
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Based on this information, was the net cash flow from investing activities on the statement of cash flows a net increase or decrease? By how much?
The Footwear Department of Lee's Department Store had sales of $188,000, cost of goods sold of $132,500, indirect expenses of $13,250, and direct expenses of $27,500 for the current period. The Footwear Department's contribution to overhead as a p..
Determine the impact (increase, decrease, no change) of this dividend on the following: 1. Total assets. 2. Total liabilities. 3. Common stock. 4. Total stockholders equity. 5. Market value per share of common stock.
sophie is a single taxpayer for the first payroll period in oct 2009 she is paid wages of 3250 monthly. sophie claims
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1. list the strengths and weaknesses of the budgeting and control system at madden international.2. why might you
Beginning inventory for September is expected to be $4,000 suits. What is the dollar amount of purchase of suits? Each suit has a cost of $75.
Raise or bonus depended on a single financial measure
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