Why is the statement of cash flows a useful document?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (18 reviews)
The statement of cash flows is a useful document because ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Understanding financial statements
ISBN: 978-0136086246
9th Edition
Authors: Lyn M. Fraser, Aileen Ormiston
Question Posted:
Students also viewed these Managerial Accounting questions
-
Why is the statement of cash flows useful? Discuss.
-
Why is the statement of cash flows useful? Discuss in detail.
-
Why is the statement of cash flows useful?
-
For five years, Chaple, an accountant licensed by the state of Georgia, provided accounting services to Roberts and several corporations in which Roberts was an officer and shareholder (collectively...
-
Gates Corporation reported the following information concerning its direct materials: Direct materials purchased (actual) . . . . . . . . . . . . . . . . . . . . $673,000 Standard cost of materials...
-
3. For f(x)=x-7x2+8x + 16, a. Find f(10) using synthetic division. b. Is 10 a zero of the function? Explain in a complete sentence with proper grammar and correct spelling. c. Use synthetic division...
-
The magnitude of the gravitational force exerted by Earth on an object of inertia \(m_{1}\) is \(m_{1} g\). (a) What is the magnitude of the force exerted by the object on Earth (inertia...
-
Interpreting regression results, matching time periods Brickman Apparel produces equipment for the extreme-sports market. It has four peak periods, each lasting two months, for manufacturing the...
-
8. Money and Foreign exchange markets in Frankfurt and NY are very efficient and reflect the following information Spot Ex rate 1-yr TB rate a) $0.9000/Euro London 6.5% Unknown NY $0.9000/Euro 3.20%...
-
1. Explain Jamess behavior in terms of the frustration model. 2. Cite a specific example of role conflict in this case. 3. What type of conflict resolution strategy is the union steward suggesting?...
-
The 2007 Eastman Kodak Annual Report and Form 10-K can be found at the following Web site: www.prenhall.com/fraser. (a) Using the checklist and the quality of financial reporting sections of Chapter...
-
Define the following terms as they relate to the statement of cash flows: cash, operating activities, investing activities, and financing activities.
-
Interview an operations manager at a nearby manufacturing or service company to find out about scheduling problems the company faces and how they are addressed.
-
Define el concepto de calidad en el contexto de la gerencia de operaciones. Describe las dimensiones de la calidad Analiza y argumenta sobre la relacin entre las operaciones, los costos operacionales...
-
Ice at 0C with a mass of 200 g is tossed into a pot of boiling water. The boiling water is at 100C and has a mass of 1 kg. What is the final temperature of the water after the ice melts? (Lf= 3.33 x...
-
How have the financial crisis and Great Recession affected government revenues and expenditures? Discuss the implications of this for future taxpayers.
-
Given the cash flows for Concatenator Manufacturing Division, calculate the PV of near term cash flows, PV (horizon value), and the total value of the firm. r=10% and g= 6% Year 1 2 3 4 5 6 7 Asset...
-
Consider a peak harvest day having 18,000 barrels of berries unloaded, with 70% being wet harvested. Assume that trucks arrive uniformly over a period of 12 hours. i. Identify the primary and...
-
Who or what is a ribbon? a. A piece of cloth b. A person who receives and collects bets c. A person who supervises or receives wagers from writers, and forwards such wagers. d. A person who...
-
On August 31, 2012, the balances of the accounts appearing in the ledger of Wood Interiors Company, a furniture wholesaler, are as follows:Prepare the August 31, 2012, closing entries for Wood...
-
Calculate nominal GDP in 2015 and nominal GDP in 2016. TABLE 1 (a) In 2015: Item Bananas Coconuts (b) In 2016: Item Bananas Coconuts Quantity 100 50 Price $10 $12 Quantity Price 110 $15 60 $10
-
Discuss the appropriate treatment in the financial statements of each of the following. (a) An amount of $113,000 realized in excess of the cash surrender value of an insurance policy on the life of...
-
Indicate where the following items would ordinarily appear on the financial statements of Aleppo, Inc. for the year 2004. (a) The service life of certain equipment was changed from 8 to 5 years. If a...
-
Give the section of a multiple-step income statement in which each of the following is shown. (a) Loss on inventory write-down. (b) Loss from strike. (c) Bad debt expense. (d) Loss on disposal of a...
-
Georgias employee will match her contributions into a retirement plan up to 5% of her 40,000 annual salary. in other words, the employee will put $1 into her retirement plan for every $1 Georgia puts...
-
Stock in Country Road Industries has a beta of 1.09. The market risk premium is 7.5 percent, and T-bills are currently yielding 3.5 percent. The company's most recent dividend was $1.7 per share, and...
-
Festival Dancing and Fitness In this activity, you will be provided with a review on the implication of dancing activity to your fitness by way of determining your range of Target Heart Rate. Let us...
Study smarter with the SolutionInn App