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For each of the following items, indicate whether it would appear in the operating, investing, or financing activities section of the statement of cash flows or is not reported in one of these three categories. Assume the indirect method is used for reporting.
Operating
Investing
Financing
None
a) Revenue - expenses
________
b) Collection of a cash dividend
c) Payment of a dividend previously declared
d) Purchase of land in exchange for a long-term note payable
e) Issued common stock for cash
f) Sale of equipment for cash
g) Purchase of a patent for cash
h) Sales of a short-term
investment for cash
i) Collection of an account
receivable
j) Issuance of a stock dividend
Discuss ramifications and implications of Section 1031 exchanges and Section 121 exclusions, considering the impact of the recent increase in housing prices and the initial decline in housing today.
mega offers a includes 1 coupon in each box of soap powder that it packs 8 coupons being redeemable for a premium
Write a brief (minimum 3 paragraphs) analysis and comparison of the income statement items and differences between the two. Be sure to explain why the common-size statement is helpful in this analysis.
Howard Enterprises has a contribution margin ratio of 65% and fixed costs of $15,000. What would sales have to be in order for Howard to earn an after-tax profit of $50,000? The company is in the 40% tax bracket
1 a 550000 capital investment proposal has an estimated life of four years and no residual value. the estimated net
Deferred income tax assets are recognised only to the extent that it is probable that taxable profit will be available against which the deductible temporary differences, carried forward tax credits or tax losses can be utilised. Illustrate is thi..
Assume that the company uses the weighted-average method. Determine the costs per equivalent unit for June for the first process.
What is MM capital structure theory without taxes and bankruptcy costs and what is the break-even EBIT? How to find the break-even point?
In general journal form, prepare the entries on Salza Company’s books to record the effect of the pushed down values implied by the purchase of its stock by Pascal assuming that values are allocated on the basis of the fair value of Salzer Company..
Evaluate the exponentially smoothed forecast of calls for each week. Suppose an initial forecast of 50 calls in the first week and use smoothing constant for forecasts=0.1 evaluate is the forecast for the 25th week?
What effect will the purchase and use of cheaper, lower quality materials likely have on price and quantity (efficiency) components of both materials and labor variances?
The appropriate value for the stag horn buttons inventory in total and per 100 buttons- show calculations to justify your answer.
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