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Exercise 1
Classify each of the following transactions as an operating activity, an investing activity or a financing activity cash flow, or a non cash transaction - Indicate also its effect on the Income statement (increase or decrease the profit)
Exercise 2
Prepare the statement of Cash flows for 2007, using the indirect method, with the financial statements and additional information as below:
Additional information
Do the tools help only in certain situations such as routine, daily or rather mundane decisions, like cost controls, quality controls or staffing questions (in term of number of people needed)?
for staples inc1. answer the questions on the following pages.nbsp2. perform vertical analysis on the income statements
Find all selling and administrative expenses on the full costing statement. Tell us where you find these. What do they total? Now find all selling and administrative expenses on the variable costing statement. Tell us where you find these. What do ..
Create a list of three best practices concerning vendors and purchases. Explain how these practices would improve the quality of information provided to management, using specific examples to support your response.
you are a manager in one department of the xyz manufacturing company. you have been invited to a meeting by the general
Purpose a memo to the president in response to her request for advice.
Ward and June gift the bond to their son, Wally (age 19), on January 1, 2011. Wally is in the 15% tax bracket. The 2011 net tax savings for the family unit of Ward, June and Wally related to the transfer of the bond is?
The Morrissey Company's bonds mature in 7 years, have a par value of $1,000, and make an annual coupon payment of $70. The market interest rate for the bonds is 8.5%. What is the bond's price?
An investor purchases 200 shares of XYX stock for $55.00 a share and immediately sells 2 covered call contracts at a strike price of $60.00 a share. The premium is $3.00 a share. What are maximum profit and maximum loss?
To finance your newborn daughter’s education you deposit $1,200 a year at the beginning of each of the next 18 years in an account paying 8% annual interest. How much will be in the account at the end of the 18th year?
show the proper accounting treatment of the 273000 714000 - 441000 by which the cost of first machine exceeded the cost
Prepare the journal entries necessary in 2010 to correct the books for the following items, assuming that the books have not been closed. Disregard effects of corrections on income tax.
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