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Explain:-1. Why would users want to see cash flows broken out into three parts (operating, investing, and financing)? What's the purpose of this structure?2. Companies often use Accounts Receivable to finance sales and Accounts Payable to finance short-term bills: so why aren't these listed as Financing Activities?3. Depreciation is a method for allocating the cost of a long-term asset over the time of its use: so why is Depreciation Expense listed as a Cash Inflow?4. Earnings Quality is a widely-used ratio in many industries: what does it mean? When is it more/less important? Why would investors/creditors care?
The following was taken from the records of the Frederic Products Company for 200X: 5) y for 200X: Total estimated manufacturing overhead cost for the year is $288,750 Total
Determine the Purchasing Procedures Alarge company would use a "purchasing agent" who heads purchasing department. Small companies would use manager/owner, etc. Seller recei
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dividend received rs 100was posted to debit to dividend account. the rectification entry n will be what?
Q. Show types of activities performed by business organizations? The forms of business unit examined in the previous section are classified according to the type of ownership o
Uses of cash flow statements: The main usefulness of cash flow analysis is that it facilitates the Finance manager to approximation the cash necessities of the firm and match t
Q. What do you mean by partnership? A partnership is a non-incorporated business owned by two or more persons associated as partners. Habitually the same persons who own the bu
Honesty AL, CPA, is compiling financial statement of significant accounting policies, Honesty AL discovers that the method used to value inventory in the past was stated as "invent
How do I complete this chart
Q. Explain Financial accounting information? A Financial accounting information is precedent in nature that reporting on what has happened in the past. To facilitate comparison
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