Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Financial Accounting Expert

The main purpose of this module is to review the statement of cash flows in more detail.

Is there a difference between direct and indirect methods to make a statement of cash flows? Discuss and note two or three specific differences. Additionally, clearly

- Distinguish between cash flows from operating activities and cash flows from investing activities.

- Compare the statement of cash flows with income statement, using terms of net income and cash at end of the year.

- Which of the two financial statements (income statement and statements of cash flows) is the better one? Explain your reasoning.

- Comment on the differences between Apple's and Samsung's statement of cash flows.
Assignment Expectations

The submission should be 3- to 5-pages and need to include answers to all the questions listed above. Show formula for computations, compare two financial statements, discuss the results, and include references in APA format.

SLP

We're continuing to analyze the same company as in Modules 1, 2, and 3.

Based on additional information added in Modules 2 and 3, please use the information below to make a statement of cash flows.

- The beginning cash balance is $30,000.

- Use the Net Income from Module 2.

- Use depreciation expense of Module 1.

- During the year 14, Inventory increases by $42,500.

- During the year 14, Land increases by $400,000.

- During the year 14, Long-Term Debts increase by $360,000.

- During the year 14, the company made a secondary offering of stock and raised an additional $180,000, which includes $150,000 of Paid-in Capital.

- During the year 14, the company had paid $15,000 in dividends.

Using the Indirect Method, prepare a statement of cash flows for the company in good format and compare two financial statements between the income statement and statement of cash flows. You do not need to include the income statement or balance sheet.

This is a Signature Assignment Expectation for ACC201 Module 4 SLP

There are 2 specific learning outcomes: 1) apply business theories, models, and concepts to guide analysis of problems and situations and 2) utilize data driven analysis in making business decisions.

In this SLP assignment for Module 4, our emphasis will be on understanding the statement of cash flows. You will be summarizing all of what you learned the in the Cases, SLPs and Discussions.

SLP Assignment Expectations
- Create a statement of cash flows and compare cash flows with net income.
- Write 2- to 4-pages, showing computations and discussing the results.
- List supporting references and cite sources.
- Use appropriate writing style (organization, grammar, & spelling - see Writing Guidelines).

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91969250
  • Price:- $85

Guranteed 48 Hours Delivery, In Price:- $85

Have any Question?


Related Questions in Financial Accounting

Assessment -part a -saturn petcare australia and new

Assessment - Part A - Saturn Petcare Australia and New Zealand is Australia's largest manufacturer of pet care products. Saturn have been part of the Australian and New Zealand pet care landscape since opening their firs ...

In its first year of operations cullumber company

In its first year of operations, Cullumber Company recognized $31,800 in service revenue, $6,600 of which was on account and still outstanding at year-end. The remaining $25,200 was received in cash from customers. The c ...

A review of the ledger of oriole company at december 31

A review of the ledger of Oriole Company at December 31, 2017, produces these data pertaining to the preparation of annual adjusting entries. 1. Prepaid Insurance $19,404. The company has separate insurance policies on i ...

Question 1 an organization owes pound300000 tax at 17x4 and

Question 1 . An organization owes £300,000 tax at 1.7.X4 and £450,000 at 30.6.X5. Its income statement for the year to 30.6.X5 includes a tax charge of £400,000. How much tax was actually paid in the year to 30.6.X5?

At the start of 2013 shasta corporation has 15000

At the start of 2013, Shasta Corporation has 15,000 outstanding shares of preferred stock, each with a $60 par value and a cumulative 7% annual dividend. The company also has 28,000 shares of common stock outstanding wit ...

Ww productswith new productssales revenue

Without New Products With New Products Sales revenue $11,686,200 $16,263,600 Net income $486,300 $878,400 Average total assets $5,917,600 $13,539,700 (a) Compute the company's return on assets, profit margin, and asset t ...

Chelsea is expected to pay an annual dividend of 126 a

Chelsea is expected to pay an annual dividend of $1.26 a share next year. The market price of the stock is $24.09 and the growth 2.6 percent. What is the cost of equity?

Accounting financial assignment -question - in recent years

Accounting Financial Assignment - Question - In recent years a number of companies have gone into liquidation (been 'wound up') because they have not been able to meet their liabilities when they fell due. In Australia, ...

Company a is a calendar year company that depreciates all

Company A is a calendar year company that depreciates all its machinery on a straight-line basis. On January 1, 2016, the company purchased machinery costing $100,000, with an estimated useful life of 10 years and a zero ...

Lease classification considering firm guidance issues

Lease Classification, Considering Firm Guidance (Issues Memo) Facts: Tech Startup Inc. ("Lessee") is entering into a contract with Developer Inc. ("Landlord") to rent Landlord's newly constructed office building located ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As