Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Reading PepsiCo's Statement of Cash Flows
A portion of the Financing Activities section of PepsiCo's statement of cash flows for the year ended December 31, 2011, follows (in millions):
Financing Activities
Proceeds from issuances of long-term debt
$ 3,000
Payments of long-term debt
(1,596)
Debt repurchase
(771)
Short-term borrowings, by original maturity
More than three months-proceeds
523
More than three months-payments
(559)
Three months or less, net
339
Cash dividends paid
(3,257)
Share repurchases-common
(2,489)
Share repurchases-preferred
(7)
Source: PepsiCo, Form 10-K, For the Fiscal Year Ended December 31, 2011.
Required
1. Explain why proceeds from debt is shown as a positive amount and payment of debt is shown as a negative amount.
2. During 2011, interest rates remained at low levels. Explain why the company might have paid off debt during such conditions.
3. What are possible reasons why the company repurchased some of its stock?
in year 1 joe josephs cpa reviewed lander companys financial statements. however in year 2 the lander company hired
At the end of the period it is necessary to close all temporary accounts. (1) Explain why this process is required and (2) provide an example of the closing of an expense account, Supplies Expense in the form of a journal entry.
From the perspective of the Computer Desk Division and the company, should the order be accepted if the Executive Division plans on selling the desks in the outside market for $420 after incurring additional costs of $100 per desk?
internal auditors for rockford products discovered in early 2011 these errors and ommissions in their review of the
at the beginning of 2013 pitman co. purchased an asset for 900000 with an estimated useful life of 5 years and an
equipment with a useful life of 5 years and a residual value of 6000 was purchased on january 3 2006 for 48500. the
For each listed transaction and related adjusting entry, indicate the accounts, amounts, and effects (+ for increase, for decrease, and NE for no effect) on the accounting equation, using the following format: For each item, state whether the debt-t..
Recording Capital Asset Transactions
1. hoosier industries is a u. s. multinational corporation with two wholly owned subsidiaries one in malaysia and one
1.parthenon inc. sells two products yo-yos and hula hoops. the sales forecast in units for the first quarter of the
Karen, in forming a new corporation, transfers land to the corporation in exchange for the 100 percent of the stock of the corporation. Karen's basis in the land is $275,000, and the corporation assumes a liability on the property in the amount of..
as a long-term investment at the beginning of the fiscal year florists international purchased 30 of nursery supplies
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd