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On September 1, 2018 the lease renewed at the rate of 84,000 for the next twelve month period. The entire rent was paid in cash in advance. The transaction will entail an increase in cash 84,000 a decrease in prepaid rent 84,000

On 31st of march, 2020 Company Edu4you sold goods on open account 1,4 million and for cash 200,000. Therefore, total sales were 1,6 million. The transaction will entail an increase in cash 200,000 an increase in account receivable 1,4 million an increase in retained income 1,6 million

On December 31, 2018 the annual lease of 84,000 prepaid on September 1st 2018, expired for 4 of 12 months. The transaction will entail: an increase in rent expense of 28,000 an increase in retained income 28,000

Negrinell's Company estimates its 2015 tax expense to be €30,000. It makes a cash payment of €10,000 to the tax authorities on December 31, 2015. The transaction will entail: a decrease in retained earnings (tax expense) €30,000, a decrease in cash €20,000, a decrease in accounts payable €10,000.

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In the cash flow statement, flows that affect long-term liabilities and shareholders' equity with the exception of income are classified as:

The collection period of Armie's for 2011 was 30 days; total credit sales were $7,300,000; and average receivables were $600,000. If sales increase to $8,030,000, and the average receivables stays the same, what happens? Hint collection period is 360 divided by the Account Receivable turnover

Pizza's statement of cash flows shows that during 2014, it had a net investing cash outflow of €20,000; a net financing outflow of €10,000 and a net decrease in the cash balance of €30,000. What is its cash tow from operations?

In the statement of cash flows, the collection of accounts receivables is classified as a(n) ——— activity.

Which one of the following is classified in the statement of cash flows as an investing activity?

Tryout Corporation's balance in its land account, which represented one piece of land, was $100,000. During the year, the piece of land was sold for $165.000. The amount reported in the investing activities section of the statement of cash flows would be:

The following data is provided for last year. Net income was $29,000. Depreciation expenses is $1,000 Current assets (other than cash) increased by 12,000$ and current liabilities increased by $8,000. Under the indirect method, the cash flows from operating activities would be:

Comupte the cash flows using the direct method: collections from customers

Comupte the cash flows using the direct method: dividends received

Comupte the cash flows using the direct method: cash flow from financing activities

Comupte the cash flows using the direct method: cash flow from investing activities

Comupte the cash flows using the direct method: payments to employees

Alfa Company held a portfolio of available for sale equity securities that cost $ 660,100 and had a market value of $955,182 on January 1st. Assume that the same portfolio was held until the end of the first quarter of the year. The market value of the portfolio was $980,160 at January 31st, $940,000 at February 28th, and $960,000 at March 31st. The income statement of Alfa company in the month of January will report unrealised gains or losses for a value of

Alfa Company held a portfolio of trading equity securities that cost $ 660,100 and had a market value of $955,182 on January 1st. Assume that the same portfolio was held until the end of the first quarter of the year, The market value of the porttolio was $980,160 at January 31st, $940,000 at February 28th, and $960,000 at March 31st. The income statement of Alfa company in the month of January will report unrealised gains or losses for a value of.

Tabella domanda 20 Equity method (40%) Amount of earnings?

Income before income taxes and equity income: $1,565 Income taxes: $(386) Net income of unconsolidated affiliates reported under the equity method: $149 Net Income: $1,328 Less: Net income attributable to non-controlling interests: $(33) Net income attributable to Company X: $1,295 Quota di proprietà di Company X nelle società unconsolidated (equity method): 40%

Domanda 21 Given the following data, what is the value of gross profit as determined by the FIFO method? Sales revenue 300 units at 15 per unit Purchases 240 units at $10 per unit seginning inventory 120 units at 9 per unit

Assume that the Parent Company purchased 100% of the subsidiary company at 14.1 million TABELLA In the consolidated financial statements the total liabilities will be reported for a dollar amount of:

Assume that the Parent Company purchased 100% of the subsidiary company at 14.1 million TABELLA In the consolidated financial statements the total sh equity will be reported for a dollar amount of:

Assume that the Parent Company purchased 100% of the subsidiary company at 14.1 million TABELLA In the consolidated financial statements the total assets will be reported for a dollar amount of:

Assume that the Parent Company purchased 100% of the subsidiary company at 14.1 million TABELLA In the consolidated financial statements the goodwill will be reported for a dollar amount of:

Consider the Cash Flow from operating activities of BRUNELLO CUCINELLI Why gains on disposal of non-current assets are deducted from income to derive cash flow from operations?

Consider the Cash Flow from operating activities of BRUNELLO CUCINELLI Why depreciation and amortization are added back to income to derive cash flow from operations?

Consider the Cash Flow from operating activities of BRUNELLO CUCINELLI During the year 2021 the trade receivable (account receivable)

Consider the Cash Flow from operating activities of BRUNELLO CUCINELLI The Method usedto derive the cash flow from operations is...

On January 2, 2016, KJ Corporation acquired equipment for $260,000. The estimated life of the equipment is 5 years or 40,000 hours. The estimated residual value is $20,000, KJ Corporation uses the straight-line method of depreciation On January 1st 2018, KJ Corporation seels the assets for $180.000 in cash. The sale will..