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CONSOLIDATED CASHFLOW STATEMENTS (IAS 7)The basic cash flow statement has been covered under Financial Accounting II. The following introduction will serve as a quick reminder.A Cashflow statement is a simple report that explains the various sources of cash and how the business puts this cash into use. The objective of IAS 7 is to recommend the format in which the cashflow statement should be presented and where the various sources of cash and payments should be classified.The cash received and payments made should be classified into main categories which are:-1. Cashflows from operating activities2. Cashflows from investing activities3. Cashflows from financing activities
In the spring of each year, Steinbrook College's theater department puts on a contemporary play. Before the performance, the theater manager instructs student volunteers in their d
Defence of trustee 1) He may be relieved from liability if, in the opinion of the court, he acted honestly and reasonably and ought to be excused; 2) He may also be released
Find the annual reports of the acquiring firm and answer the following questions for the five years before merger took place I) What information is provided about merger a
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A huge number of financial ratios are in utilized. They complete a broad variety of functions and objectives. Managers estimate performance and investors match their expectations,
you are aceo of acme ,inc located in united states .you use the discounted pay back period method and accept all projects that pay back in hree years.a project that will cost 5,500
Calculat capital expenditure, How to define Capital expenditure This is kind of expenditure on fixed assets like as plant or equipment, the cost of which is spread over several
Which of the following statements is FALSE of Just-In-Time (JIT) manufacturing systems? Answer Demand pull means a closer relationship with the customer. The power of supp
PC Bank has $100,000 in fixed rate loans paying an annual interest rate of 10 percent, payable semiannually. PC Bank also has $100,000 in certificates of deposit. Their depositor
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