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A company reported average total assets of $248,000 in 2010 and $302,000 in 2011. Its net operating cash flow in 2010 was $20,575 and $27,750 in 2011.
Report the financial information for the year ended December 31, 2008.
Prepare the cash flows from operating activities section only of the company's 2011 statement of cash flows using the indirect method.
Identify two business actions Gish might take to improve cash flows from operations.
How would expanding the business affect the economies of scale? When would you have constant returns to scale or diseconomies of scale?
Identify and analyze the effect of the transaction payment of rent on September 1.
Evaluate the potential significance of each of the changes in ratios or trends identified in your analysis on the fair presentation of financial statements.
According to the criteria of determining appropriate cost driver, which cost driver do you recommend to use and why?
Complete the statement of cash flows for Nutritional Foods for the year ended December 31, 2018.
The department manager is pleased because the department has a favorable $120,000 cost variance.
Assume that TKR Corp. paid a $125,000 dividend on November 1, 2011, and reported a net income of $550,000 for 2011.
On October 30, received a check from Better Buy for 90 days' interest on the debt securities purchased in transaction a.
On December 31, 2011, Rollo Company held the following short-term investments in its portfolio of available-for-sale securities.
On March 22, bought 700 shares of Frain Industries common stock at $25 cash per share plus a $250 brokerage fee.
Prepare the December 31, 2011, year end adjusting entry to record the fair value adjustment for these securities.
Shaq Security, which began operations in 2011, invests in long-term available-for-sale securities.
What amount of gains or losses on transactions relating to long-term investments in available-for-sale securities should Park report on its December 31, 2011.
Compute the carrying (book) value per share of Pillar's investment in Kildaire common stock as reflected in the investment account on January 1, 2013.
Identify at least eight types of short-term investments held by Microsoft as of June 30, 2009.
Prepare the journal entry to record Preston's capital lease at its inception.
Your business associate mentions that she is considering investing in corporate bonds currently selling at a premium.
Identify the three classes of noninfluential and two classes of influential investments in securities.
Under what circumstances are long-term investments in debt securities reported at cost and adjusted for amortization of any difference between cost.
What are the requirements for an equity security to be listed as a long-term investment?
Under what circumstances does a company prepare consolidated financial statements?