Statement of cash flows basics

Assignment Help Accounting Basics
Reference no: EM13134301

Explain the three (3) classifications used to classify investments and explain how what determines what in included in each class.

In addition Explain the differences between the "Direct Method" and the "Indirect Method" of presentation of the Statement of Cash Flows and how each differs for the reporting classifications.

Reference no: EM13134301

Questions Cloud

Illustrate the demand curve for visits : Illustrate the deadweight loss from charging a $10 admission fee. Explain why charging $10 is inefficient, and calculate the size of the deadweight loss.
What factors should turners manager and her supervisor : The expansion will cost two million dollars, and is expected to increase operating earnings to $2,100,000. What factors should Turners manager and her supervisor, the VP of operations, consider in deciding whether to go forward with the expansion?..
What circumstances would make choose alternative measure : Why would you choose this measure of central tendency? What circumstances would make you choose an alternative measure?
Compare all of the materials and labor variances : The master manufacturing overhead budget for the month based on normal productive capacity of 15,000 direct labor hours (7,500 units) shows total variable costs of $90,000 ($6 per labor hour) and total fixed costs of $45,000 ($3 per labor hour). N..
Statement of cash flows basics : In addition Explain the differences between the "Direct Method" and the "Indirect Method" of presentation of the Statement of Cash Flows and how each differs for the reporting classifications.
Radius of circle and lengths of arcs : A chord of length 26mm is drawn in a circle of 35mm diameter. What are the lengths of the smaller and larger arcs into which the circumference is divided?
Calculate the cell potential : Calculate the cell potential after the reaction has operated long enough for the [Al3+] to have changed by 0.32 mol/L. (Assume T = 25°C.)
What entry is necessary to correct for this error : What is the effect on reported net income for 2010 of this error, assuming straight-line amortization of the discount? What entry is necessary to correct for this error, assuming that the books are not closed for 2010?
Explain reduction of conjugated ketones with sodium : Reduction of Conjugated Ketones with Sodium Borohydride, Suggest mechanisms of reaction for 1,2-addition and for conjugate addition (1,4-addition) of NaBH4 to a conjugated

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much gain will be recognized by r&r partnership

Ronald and Roy formed an equal partnership, R&R Partnership, a general partnership, on January 1, 2012. Ronald contributed $100,000 in exchange for his one-half interest in R&R partnership.

  What would the fixed costs in the flexible budget reflect

The static budget fixed costs for 2,000 units is $18,000. What would the fixed costs in the flexible budget reflect for 2,200 units?

  Affiliation of the audit client

Ajax, Inc. is an affiliate of the audit client and is audited by another firm of auditors. Which of the following is most likely to be used by the auditor of the client to obtain assurance that all guarantees of the affiliate's indebtedness have b..

  Problem related to net operating income

If sales to increase by 11% next year. How do I find the percentage that should net operating income will increase?

  Standard price per unit for direct materials

If the price per unit differs from the standard price per unit for direct materials, the variance is:

  Journal entries for not for profit science center

Discovery Barn, a not-for-profit science center for children, received a contribution for $30,000 explicitly designated for the acquistion of computers. Prepare all required journal entries, being certain to indicate the type of fund in which each ..

  Equal el partnership interest

Emma and Laine form the equal EL Partnership. Emma contributes cash of $100,000. Laine contributes property with an adjusted basis of $40,000 and a fair market value of $100,000.

  What are the tax consequences

V decides to accept an out-of-court settlement of $150,000. The newspaper and its insurer are willing to allocate the $150,000 in any manner that V requests. How should V have the amount allocated?

  What will the cost records for the year show

Houghton Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated manufacturing overhead would be $200,000 and direct labor hours would be 2..

  Overapplication of overhead for the period

Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under- or overapplication of overhead for the period:

  Find total manufacturing costs assigned to job a-200

Weaver Company's predetermined overhead rate is $18.00 per direct labor-hourand its direct labor wage rate is $12.00 per hour. Tjhe following information pertains to Job A-200.

  Calculate ending inventory and cost of goods

Calculate ending inventory and cost of goods sold for January using average cost. (Round your intermediate calculations to 3 decimal places. Round your average cost values to the nearest dollar amount.

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