Preparing a statement of cash flows

Assignment Help Accounting Basics
Reference no: EM13122674

Prepare a statement of cash flows (indirect method)for walker corportion for 2010. The 2010 and 2009 balanccer sheets of walker corporation follow. the 2010 income statement is also provided. walker had no non cash investing and financint transactions during 2010. During the year, Walker sold equipment for $15, 700, which had originally colt $13,200 and had a book value of $11,200. Walker did not issue any notes payable during the year but did issue Common stock for $23,000.

Reference no: EM13122674

Questions Cloud

What was the initial concentration : A zero-order reaction has a constant rate of 1.00×10-4 . If after 80.0 seconds the concentration has dropped to 6.50×10-2 , what was the initial concentration.
Information about functions and relations : Which of the following are functions? The last two problems, i.e., b & c, are multi part relations consider all parts when determining whether or not these relations are functions. Explain your reasoning for a, b, and c.
Straight line depreciation and emi of loan : The book value of a machine is $21,000 at the end of its fourth year of life and $14,000 at the end of its sixth year of life. What was the purchase value of the machine, assuming that "straight line depreciation" is being used.
Book value of klingons assets today : If all the current assets were liquidated today, the company would receive $855,000 cash. What is the book value of Klingon's assets today?
Preparing a statement of cash flows : Prepare a statement of cash flows (indirect method)for walker corportion for 2010. The 2010 and 2009 balanccer sheets of walker corporation follow. the 2010 income statement is also provided.
Relation to subject and verb : Why is it important to understand what is the subject and verb and be able to recognize both in a sentence in order to ensure your writing is free from run ons, comma splices and fragments?
Net increase or decrease in cost : It is estimated that variable manufacturing costs will be reduced from $26,000 to $23,500 annually if the new machine is purchased. The total net increase or decrease in cost for the new equipment for the entire five years is ??
Population and parameters : In finding the average size of automobile tire that is purchased, the mean or median size might be a tire that does not exist. Therefore, one would want to know the size of tire bought most often.
Calculate the concentrations of all species in na2so3 soln : Calculate the concentrations of all species in a 1.73 M Na2SO3 (sodium sulfite) solution. The ionization constants for sulfurous acid are Ka1 = 1.4× 10-2 and Ka2 = 6.3× 10-8.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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