Indicate the effects of the following transactions on net long-term financing (NLF),working capital requirement (WCR), net short-term
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NET NLF WCR NSE PROFIT Shares are issued for cash Goods from inventory are sold for cash Goods from inventory are sold on account A fixed asset is sold for cash for less than book valuc A fixed asset is sold for cash for more than book value Corporate income tax is paid Payment is made to trade creditors Cash is obtained through a short-term bank loan Cash is obtained through a long-term bank loan A cash dividend is declared and paid Accounts receivable are collected Merchandise is purchased on account Cash advances are made to employvees Minority interest in a firm is acquired for cash Equipment is acquired for cash
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Related Book For
Finance for Executives Managing for Value Creation
ISBN: 978-0538751346
4th edition
Authors: Gabriel Hawawini, Claude Viallet
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