User Account

All Pages

What was the most significant item in the cash flows

Assignment Help Accounting Basics
Reference no: EM131110802

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? 

Reference no: EM131110802

Questions Cloud

What is the primary objective for the statement of cash flow : What is the primary objective for the statement of cash flows? Is working capital the basis for meeting this objective?
What was the most significant item reported by coca cola : What was the most significant item reported by Coca-Cola and PepsiCo in 2007 in their investing activities sections? What is the most significant item reported by Coca-Cola and PepsiCo in 2007 in their financing activities sections?
Describe the overall cash flow through the firm in terms : Describe the overall cash flow through the firm in terms of operating flows, investments flows, and financing flows.
Explain how the depreciation percentages are determined : Briefly describe the first four modified accelerated cost recovery system (MACRS) property classes and recovery periods. Explain how the depreciation percentages are determined by using the MACRS recovery periods.
What was the most significant item in the cash flows : 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?
What are the ethical issues related to barbara brock mans : What are the ethical issues related to Barbara Brock man's idea?
Gaap requires the statement of cash flows : List and describe the three categories of activities that must be reported in the statement of cash flows.
Which there was an unamortized bond premium : Investments (available-for-sale) that cost $12,000 when purchased 4 years earlier were sold for $10,600. The loss was considered ordinary.
Ashley company is a young and growing producer : The amount of reported earnings for the fiscal year was $700,000, which included a deduction for an extraordinary loss of $110,000 (see item 5 below).

Reviews

Write a Review

Accounting Basics Questions & Answers

  Leonhardt corporations net income last year was 3800000 the

leonhardt corporations net income last year was 3800000. the dividend on common stock was 2.00 per share and the

  A publicly-traded company and analyzed financial statements

What is the return on equity earned by the company and chose a publicly-traded company and analyzed its financial statements - How sensitive has this company's operating income been to changes in the same variables?

  Strategy on the financial statements

Take into account all types of compensation discussed in this chapter. Devise a strategy you feel is most appropriate for rewarding employees and executives. Describe the effect this strategy has on the financial statements, including earnings per..

  A company replaced an engine on a vehicle and debited the

a company replaced an engine on a vehicle and debited the amount to repairs expense rather than debiting the vehicle

  Hal contributes property with a basis of 45000 and subjects

hal steveand lew form a partnership to operate a grocery store. for each of the following contributions by the partners

  Interpreting inflationary expectations

nterpreting Inflationary Expectations If investors in the United States and Canada require the same real interest rate, and the nominal rate of interest is 2 percent higher in Canada, what does this imply about expectations of U.S. inflation and C..

  Aragon company manufactures a product and sells it for 120

aragon company manufactures a product and sells it for 120 per unit. the total fixed costs of manufacturing and selling

  Estimated loss contingency

The amount of the loss involved can be reasonably estimated. Based on the above facts, an estimated loss contingency should be:

  Compute for the companys break-even point in sales dollars

exercise compute the break-even point lo6maxson products distributes a single product a woven basket whose selling

  For the fiscal year ended june 30 2012 calculate the

amy dyken controller at fitzgerald pharmaceutical industries a public company is currently preparing the calculation

  What price would you bid if you must win the project?

What price would you bid if you must win the project?

  Prepare moonwalkers journal entry

Prepare Moonwalker's journal entry to record the issuance of the company's stock.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd