Question
In: Accounting
You are in a group of Accounting students that has been assigned to prepare a Cash...
You are in a group of Accounting students that has been assigned to prepare a Cash Flow Statement. You are preparing the Financing activities section. Which of the following items would be included in the financing activities?
1) Issue common stock for cash
2) Payment on principal of note payable
3) Payment of dividends
4) Sale of equipment for cash
Solutions
Expert Solution
The following items would be included in financing activities :
1) Issue common stock for cash.
2) Payment on principal of note payable.
3) Payment of dividends.
Explanation
As such all these items are the items which are related to cash flows but are shown in cash flow statements as flow of cash from financing activities.
Financing activities are those activities shown in cash flow statement from which the company obtains cash and liabilities are either increased or decreased.
Issue of common stock for cash increase the flow of cash from
financing activities.
Whereas payment on principal of note payable and payment of
dividends decreases (cash paid) the flow of cash from financing
activities.
Sale of equipment for cash increases (cash received) the flow of cash from investing activities. There is inflow of cash. So, this item would not be considered as flow of cash from financing activities.
ekkarill92 answered 1 year agoRelated Solutions
Sixth Company: You have been assigned to prepare accounting treatments for the following cases: First case:...
Sixth Company: You have been assigned to prepare accounting
treatments for the following cases:
First case: (consideration of prepaid expenses as an asset)
On the date of 1/1 the company paid advertising and advance fees in
the amount of 24,000 dinars in cash for a two-year campaign:
Required: 1) Procedure for recording the payment of advertising and
prepaid advertising fees in 1/1
2) Procedure for recording the inventory settlement and closing
restrictions on 12/31
The second case: (the revenue receivable)...
The clinical instructor has assigned a group of students to work with patients on a special...
The clinical instructor has assigned a group of students to work
with patients on a special nursing unit that treats women with
postpartum depression. The instructor assigns the following
questions as part of the preclinical preparation.
a) What is depression, and what is the current biogenic theory
for the causes of depression?
b) Describe the actions of these classes of antidepressants:
TCA
MAO inhibitors
SSRI’s
As the human resource director, you have been assigned to prepare a letter to be used...
As the human resource director, you have been assigned to
prepare a letter to be used to layoff a number of employees. The
decision is based on the loss of a major contract. The top
management believes the state of the economy overseas is the major
reason for the cancellation. You have been told that if a new
contract is signed the laid off employees will be rehired.
Prepare this into a Negative Letter.
You have been appointed as a team leader to a group of auditors assigned to assess...
You have been appointed as a team leader to a group of
auditors assigned to assess RMZ Trading, a
big retail store selling mobile phones in Nizwa. The store has been
operating in Nizwa for the past
five years and has been doing well. It has many customers and
income is coming in. Because of this,
the store is usually keeping a large stock of its inventory of
mobile phones, in varying brands and
models. While analyzing the inventory of...
You have been assigned to analyze the accounting information for a Fortune 500 corporation. From the...
You have been assigned to analyze the accounting information for
a Fortune 500 corporation. From the e-Activity, evaluate which
tools you would use to analyze its business processes, indicating
your rationale. On the other hand, resources, such as accountants,
business analysts, and I/T specialists who rely on documentation
tools, will need proper training on these tools. You have been
given the responsibility of familiarizing your team with these
tools. Evaluate which techniques, in terms of their
appropriateness, you would use...
You have been assigned to analyze the accounting information for a Fortune 500 corporation. From the...
You have been assigned to analyze the accounting information
for a Fortune 500 corporation. From the e-Activity, evaluate which
tools you would use to analyze its business processes, indicating
your rationale.
On the other hand, resources, such as accountants, business
analysts, and I/T specialists who rely on documentation tools, will
need proper training on these tools. You have been given the
responsibility of familiarizing your team with these tools.
Evaluate which techniques, in terms of their appropriateness, you
would use...
You have been assigned to analyze the accounting information for a Fortune 500 corporation. From the...
You have been assigned to analyze the accounting information for
a Fortune 500 corporation. From the e-Activity, evaluate which
tools you would use to analyze its business processes, indicating
your rationale. On the other hand, resources, such as accountants,
business analysts, and I/T specialists who rely on documentation
tools, will need proper training on these tools. You have been
given the responsibility of familiarizing your team with these
tools. Evaluate which techniques, in terms of their
appropriateness, you would use...
You have been assigned the task of using the corporate, or free cash flow model to...
You have been assigned the task of using the corporate, or free
cash flow model to estimate KCB Corporation's intrinsic value. The
firm's WACC is 10.00%, its end-of-year free cash flow (FCF1) is
expected to be $75.0 million, the FCFs are expected to grow at a
constant rate of 5.00% a year in the future, the company has $200
million of long-term debt and preferred stock, and it has 30
million shares of common stock outstanding.
Why should the WACC...
A random group of students was surveyed to determine how many months it has been since...
A random group of students was surveyed to determine how many
months it has been since they visited the dentist. The sample of 32
students gave a mean average of 19 months with a standard deviation
of 4.4 months.
a) Find a 95% confidence interval for the population mean number
of months since students have seen the dentist. Write answer in a
full sentence.
b) Find a 99% confidence interval for the same value. Write
answer in a full sentence....
Students in a biology class have been randomly assigned to one of the two mentors for...
Students in a biology class have been randomly assigned to one
of the two mentors for the laboratory portion of the class. A
random sample of final examination scores has been selected from
students supervised by each mentor, with the following
results:
Mentor A: 78, 78, 71, 89, 80, 93, 73, 76
Mentor B: 74, 81, 65, 73, 80, 63, 71, 64, 50, 80
At the 0.05 significance level, is there a difference in the mean
scores?
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Slight challenge question with a twist on the return measurement problems. If you understand how to...
- For most business firms that sells a particular good on the market, a decision has to...
- In this lesson we discussed the importance of gathering information for your résumé and job application....
- which circuits must not be connected to any system containing trolley wires with a ground return?...
- Choose one of the questions below to discuss. (200 word min) 1. What is meant by...
- You have watched the following returns on Crash-n-Burn Computer’s stock over the past five years: 16...
- Explain the difference between a firm's corporate strategy and business strategy? Why do firms need to...
ADVERTISEMENT