User Account

All Pages

Following financial statements and additional information

Assignment Help Managerial Accounting
Reference no: EM13900035

Use the following financial statements and additional information to

(1) Prepare a statement of cash flows for the year ended December 31, 2014, using the indirect method, 

(2) Analyze and briefly discuss the statement prepared in part 1 with special attention to operating activities and to the company's cash level.

557_267-B-M-A-S-C-F (2052).png

Additional Information:

a. No dividends are declared or paid in 2014. 

b. Issued additional stock for $ 10,000 cash in 2014. 

c. Purchased equipment for cash in 2014; no equipment was sold in2014 

Reference no: EM13900035

Questions Cloud

Federal government enacts new tariffs and quotas : The federal government enacts new tariffs and quotas on all imports
Compare transformational manage with transactional manager : Compare and contrast the "transformational" manager/leader with the "transactional" manager/leader. Who do you think can better take the pulse of a group, understand its unspoken currents of thought and concerns, and communicate with people in ter..
Embrace the vision of marketplace ministry : In recent years the universal church of Christ has started to embrace the vision of 'Marketplace Ministry'. Many Christians are now seeing themselves as marketplace ministers, but are we really? Are we to be considered marketplace ministers becaus..
How many units would have to be sold to just breakeven : Assuming that direct labor is a variable cost, how many units would the company have to sell at the price you computed in (2) above to achieve the T8% ROI? How many units would have to be sold to just breakeven?
Following financial statements and additional information : (1) Prepare a statement of cash flows for the year ended December 31, 2014, using the indirect method,
Discuss the role of leadership and teambuilding : Critically discuss the role of leadership and teambuilding in project management utilising appropriate theoretical models to identify how project staff can be led and motivated.
What unique difficulties in juvenile justice programs : What unique difficulties do male practitioners face in working with girls in juvenile justice programs? In light of these issues, should only female practitioners be allowed to work with girls? Why or why not
Define cause an increase in the natural rate of unemployment : cause an increase in the natural rate of unemployment?
What should subordinates do when managers act unethically : What should subordinates do when managers act unethically or encourage them to engage in unethical practices and discuss an example of a corporate ethics scandal other than Enron.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Break-even in units for revenue

Assume a fixed cost for an investment in a piece of equipment of $15,000, a variable cost to produce each unit of product with the equipment at $10, and a selling price for the finished product of $25.

  Classify all manufacturing costs and selling

What types of capital budgeting factors would you look at when deciding whether to do this? What would be the relevant costs that you would consider in this decision?

  Find the values of the missing items

Find Missing Data for Profit Variance Analysis

  Reject opportunity-cost drivers-opportunity costs

Explain two long-run effects which might lead to managers' rejecting opportunities to cut prices and obtain increases in short-run profits.

  Prepare a classified balance sheet or report form

Prepare a classified balance sheet (report form)

  Prepare a short report for mr banner

Prepare a short report for Mr. Banner to explain the reasons for the negative cash balance at the end of the previous year and other operating problems. To support your points, you may use a statement of cash flows and relevant financial ratios.

  Models and concepts affecting the pricing decisions

The models and concepts affecting the pricing decisions taken by organisations, critically reflecting upon their usefulness (maximum mark 33%).

  Estimate the effect on sales revenue

Estimate the effect on sales revenue resulting from the planned change in fee structure for the next financial year, which starts 1 October and ends on 30 September. State any assumptions that you need to make.

  Prepare the manufacturing overhead cost budget

Prepare the direct material usage budget and the direct material purchases budget and prepare the direct manufacturing labour cost budget - prepare the manufacturing overhead cost budget.

  Management accounting formats

Management accounting formats are identical for all companies

  Job-order costing sertoma condos inc

Assuming that the amount of rent revenue from Condo 2 is $48,000, what amount of income did it earn? Based on the preceding information, will the company show finished goods inventory

  Question 1 thenbspestrada company uses cost-plus pricing

question 1 thenbspestrada company uses cost-plus pricing with a 0.35 mark-up.nbsp the company is currently selling

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