Business, 20.12.2019 02:31 dthompson365
An analysis of comparative balance sheets, the current year's income statement, and the general ledger accounts of gagliano corp. uncovered the following items. assume all items involve cash unless there is information to the contrary.
indicate how each item should be classified in the statement of cash flows using these four major classifications: operating activity (indirect method), investing activity, financing activity, and significant noncash investing and financing activity.
(a) payment of interest on notes payable. financing activityoper. activity(loss); invest. activity(cash proceeds from sale)operating activityinvesting activitynoncash investing and financing activity
(b) exchange of land for patent. operating activityinvesting activityoper. activity(loss); invest. activity(cash proceeds from sale)financing activitynoncash investing and financing activity
(c) sale of building at book value. investing activityoperating activitynoncash investing and financing activityoper. activity(loss); invest. activity(cash proceeds from sale)financing activity
(d) payment of dividends. financing activityoperating activitynoncash investing and financing activityinvesting activityoper. activity(loss); invest. activity(cash proceeds from sale)
(e) depreciation. operating activityinvesting activityfinancing activityoper. activity(loss); invest. activity(cash proceeds from sale)noncash investing and financing activity
(f) receipt of dividends on investment in stock. investing activityfinancing activityoper. activity(loss); invest. activity(cash proceeds from sale)operating activitynoncash investing and financing activity
(g) receipt of interest on notes receivable. noncash investing and financing activityoper. activity(loss); invest. activity(cash proceeds from sale)investing activityfinancing activityoperating activity
(h) issuance of capital stock. investing activityoper. activity(loss); invest. activity(cash proceeds from sale)financing activityoperating activitynoncash investing and financing activity
(i) amortization of patent. noncash investing and financing activityinvesting activityoper. activity(loss); invest. activity(cash proceeds from sale)operating activityfinancing activity
(j) issuance of bonds for land. oper. activity(loss); invest. activity(cash proceeds from sale)operating activityfinancing activityinvesting activitynoncash investing and financing activity
(k) purchase of land. financing activityoper. activity(loss); invest. activity(cash proceeds from sale)investing activityoperating activitynoncash investing and financing activity
(l) conversion of bonds into common stock. financing activityoperating activityinvesting activitynoncash investing and financing activityoper. activity(loss); invest. activity(cash proceeds from sale)
(m) loss on sale of land. noncash investing and financing activityinvesting activityoperating activityoper. activity(loss); invest. activity(cash proceeds from sale)financing activity
(n) retirement of bonds. noncash investing and financing activityoper. activity(loss); invest. activity(cash proceeds from sale)investing activityfinancing activityoperating activity
Answers: 2
Another question on Business
Business, 21.06.2019 20:30
Which of the following government agencies is responsible for managing the money supply in the united states? a. the u.s. mint b. the federal reserve bank c. congress d. the department of the treasury 2b2t
Answers: 3
Business, 22.06.2019 03:00
Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit
Answers: 1
Business, 22.06.2019 08:30
In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (
Answers: 3
Business, 22.06.2019 08:40
Calculate the cost of each capital component—in other words, the after-tax cost of debt, the cost of preferred stock (including flotation costs), and the cost of equity (ignoring flotation costs). use both the capm method and the dividend growth approach to find the cost of equity.calculate the cost of new stock using the dividend growth approach.what is the cost of new common stock based on the capm? (hint: find the difference between re and rs as determined by the dividend growth approach and then add that difference to the capm value for rs.)assuming that gao will not issue new equity and will continue to use the same target capital structure, what is the company’s wacc? e. suppose gao is evaluating three projects with the following characteristics.each project has a cost of $1 million. they will all be financed using the target mix of long-term debt, preferred stock, and common equity. the cost of the common equity for each project should be based on the beta estimated for the project. all equity will come from reinvested earnings.equity invested in project a would have a beta of 0.5 and an expected return of 9.0%.equity invested in project b would have a beta of 1.0 and an expected return of 10.0%.equity invested in project c would have a beta of 2.0 and an expected return of 11.0%.analyze the company’s situation, and explain why each project should be accepted or rejected g
Answers: 1
You know the right answer?
An analysis of comparative balance sheets, the current year's income statement, and the general ledg...
Questions
Mathematics, 24.10.2021 14:00
Computers and Technology, 24.10.2021 14:00
Chemistry, 24.10.2021 14:00
Mathematics, 24.10.2021 14:00
Mathematics, 24.10.2021 14:00
Mathematics, 24.10.2021 14:00
Mathematics, 24.10.2021 14:00
Law, 24.10.2021 14:00
Physics, 24.10.2021 14:00
Geography, 24.10.2021 14:00
Mathematics, 24.10.2021 14:00
