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Suppose Canwest Global Communications Corp. reported net cash used by operating activities of $100,841,000 and sales revenue of $2,859,200,000 during 2014. Cash spent on plant asset additions during the year was $78,830,000. Calculate free cash flow.
apply the concepts calculate and determine the entry for straight-line depreciationthe equipment purchased by galaxy
Assume that Aaron’s other itemized deductions in 2011 were $6,300 and that he filed as a head of household. Explain how much of the $1,300 reimbursement must he include in gross income in 2012?
1. specific identification method. boston galleries uses the specific identification method for inventory valuation.
Develop a comprehensive analysis using NPV, Payback Method, and IRR to develop a recommendation on replacing the existing equipment with a new computerized version.
How are general long-term liabilities distinguished from other long-term liabilities of the government? How does the financial reporting of general long-term liabilities differ from the financial reporting of other long-term liabilities?
Selected balance sheet and income statement data for Green Tea, Inc., for the year ended December 31, 2011 are below. Illustrate what is the company’s times interest earned ratio?
The new airplane would reduce annual direct labor costs by $8,000. Give a differential analysis on the proposal to replace the airplane.
Journalize the entry to record the payroll for the week of November 18 and journalize the entry to record the payroll tax expense incurred for the week of November 18.
What are the three required conditions for a contingent liability to exist? Illustrate what is one contingency that an auditor would be concerned with and how would the auditor become aware of this contingency?
a city government estimates that they must accrue 1.5 million per employee to finance each employees retirement
create a questionnaire checklist that will be used to determine controls for each of the basic activities in the
Journal entries in relation to plant asset transactions and Prepare the general journal entries to record these transactions.
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