Business, 22.10.2020 20:01 coltonduggan

Identify where the cash flow effect of each of the following transactions is reported in the statement of cash flows: operating, investing, or financing section. State the direction of each change. State None if there is no cash flow effect

Answers: 2

Show answers

Answers

Answer from: angie249

Question Completion:

a. Issuance of Stock for cash

b. Issuance of stock for land

c. Acquisition of treasury stock

d. Reissuance of treasury stock

e. Declaration of cash dividend

f. Payment of cash dividend previously declared

g. Declaration of issuance of a large stock dividend

h. Declaration of issuance of a small stock dividend

i. Granting stock options

j. Exercise of stock options

k. Granting of RSUs

l. Issuance of long-term notes payable

m. Issuance of convertible bonds

n. Conversion of convertible bonds to common stock

o. Payment of interest on bonds

p. Retirement of bonds at book value

q. Retirement of bonds at a gain

r. Retirement of bonds at a loss

Identification of the cash flow effect and direction of each transaction reported in the statement of cash flows: operating, investing, or financing section: Cash Flows Effects

None Operating Investing Financing

a. Issuance of Stock for cash Increase

b. Issuance of stock for land None

c. Acquisition of treasury stock Decrease

d. Reissuance of treasury stock Increase

e. Declaration of cash dividend None

f. Payment of cash dividend Decrease

previously declared

g. Declaration of issuance of a

large stock dividend None

h. Declaration of issuance of a

small stock dividend None

i. Granting stock options None

j. Exercise of stock options Increase Increase

k. Granting of RSUs None

l. Issuance of long-term notes

payable Increase

m. Issuance of convertible bonds Increase

n. Conversion of convertible

bonds to common stock None

o. Payment of interest on bonds Decrease

p. Retirement of bonds at book value Decrease

q. Retirement of bonds at a gain Increase

r. Retirement of bonds at a loss Decrease

Explanation:

There is no investing activity on the list. The exercise of stock options increases the cash flow from financing, with some tax benefits reflecting on the operating cash flows. Under US GAAP, interest paid out on bonds is considered an operating cash outflow, while IFRS welcomes its treatment under either operating or financing cash outflow. Many activities do not have any cash flow effects, and these are reported as "None."

Answer from: Quest

B. false hope it ! : )

Answer from: Quest

Manufacturing in the us is more expensive. due to labor costs & the cost of importing materials.

Another question on Business

Business, 22.06.2019 02:00

Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:

Answers: 2

Answer

Business, 22.06.2019 15:00

Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii

Answers: 2

Answer

Business, 22.06.2019 20:40

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e.g. $2.55.) diluted earnings per share

Answers: 3

Answer

Business, 23.06.2019 03:20

Milden company has an exclusive franchise to purchase a product from the manufacturer and distribute it on the retail level. as an aid in planning, the company has decided to start using a contribution format income statement. to have data to prepare such a statement, the company has analyzed its expenses and has developed the following cost formulas: cost cost formula cost of good sold $35 per unit sold advertising expense $210,000 per quarter sales commissions 6% of sales shipping expense ? administrative salaries $145,000 per quarter insurance expense $9,000 per quarter depreciation expense $76,000 per quarter management has concluded that shipping expense is a mixed cost, containing both variable and fixed cost elements. units sold and the related shipping expense over the last eight quarters follow: quarter units sold shipping expense year 1: first 10,000 $ 119,000 second 16,000 $ 175,000 third 18,000 $ 190,000 fourth 15,000 $ 164,000 year 2: first 11,000 $ 130,000 second 17,000 $ 185,000 third 20,000 $ 210,000 fourth 13,000 $ 147,000 milden company’s president would like a cost formula derived for shipping expense so that a budgeted contribution format income statement can be prepared for the next quarter. required: 1. using the high-low method, estimate a cost formula for shipping expe

Answers: 2

Answer

You know the right answer?

Identify where the cash flow effect of each of the following transactions is reported in the stateme...

Questions