explaining what EFN is. EFN is external funds needed and is calculated as the difference between the projected total assets and the projected total liabilities and equity. To calculate the EFN‚ we start with the income statement to get the amount of net income. To make the income statement‚ were supplied with a revenue growth of 8% for the next three years. Also‚ there is extra revenue from new initiatives from consulting and warehousing. All this gives us total revenues. To estimate expenses‚ we
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1. Week 8 / Checkpoint The differences between direct and indirect that they involve the way Cash Flow are from operations of activities. This I do recall is the first part of the Cash Flow Statement. The differences are to each are to follow. Direct Presentation: involves the cash flows in which analyze the company results and uses of cash. There are three parts that report cash receipts and cash payments. These parts are operations‚ investments‚ and finance transactions. Operating transactions
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Group Case Study “Microsoft’s Financial Reporting Strategy” Microsoft’s Financial Reporting Strategy ABSTRACT 2 This case study examines the factors explaining the difference between Microsoft’s market value of equity to book value of equity and overall financial reporting strategies employed at the firm. We analyzed financial information dating from 1985 to 1999 and 2011 annual report provided by Microsoft. We found factors explaining market value of equity are perceived risk and future cash
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balance of $900. After analyzing the accounts in the accounts receivable subsidiary ledger‚ the company’s management estimates that uncollectible accounts will be $15‚000. What will be the amount of uncollectible accounts expense reported on the income statement? 1/11/2011 | Accounts Receivable | a | $ 900.00 | | | Sales revenue | a | | $ 900.00 | | Uncollectable-Account expense | b | $ 15‚000.00 | | | Allowance for uncollectible accounts | b | | $ 15‚000.00 | |
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operating‚ financing. | 7 | Unlike the other major financial statements‚ the statement of cash flows is not prepared from the adjusted trial balance. From what sources does the information to prepare this statement come‚ and what information does each source provide?Balance sheet and income statement | | | 8 | Why is it necessary to
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Links: 70‚000 18‚000 88‚000 80‚000 5‚590 173‚590 b(2)Prepare an income statement and a statement of cash flows for the period October 1–6‚ 2011 12-9-9 Increase in cash Cash balance‚ October 1‚ 2011 Cash balance‚ October 6‚ 2011
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Revised 07/20/2004. Harvard Business School Publishing http://finance.yahoo.com/q/is?s=BNHN+Income+Statement&annual www.benihana.com -------------------------------------------- [ 1 ]. www.benihana.com [ 2 ]. Benihana of Tokyo‚ page 5 [ 3 ]. Benihana of Tokyo‚ page 6 [ 4 ]. Benihana of Tokyo‚ page 8 [ 5 ]. Benihana of Tokyo. Exhibit 2 Floor Plan‚ page 14 [ 6 ]. http://finance.yahoo.com/q/is?s=BNHN+Income+Statement&annual
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vehicles | 8 000 | Other operating expenses | 25 000 | Administrative expenses | 10 000 | Distribution expenses | 15 000 | Interest paid | 12 000 | Salaries and wages (50% admin‚ 50% distribution) | 30 000 | Income tax expense | 29 000 | | | | - | IFNS 401‚ FACC412‚ FACC 403 and FINREP 411: 2009 Mod 1‚ SUPP Additional information 1. Inventory is valued at R 80 000 on 31 December 2008. 2. Dividends to the amount
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COURSE LEARNING OUTCOMES At the end of this course‚ students should be able to know and understand: 3.1 the basic concepts of accounting; 3.2 the meaning‚ role and importance of accounting information; 3.3 the process of preparing financial statements; and 3.4 how the accounting information helps the management in making business decisions. 4.0 COURSE CONTENT NO TOPIC REFERENCE HOUR 1. 1.0 ACCOUNTING ENVIRONMENT 1.1 Definition of accounting. 1.2 Purposes of accounting
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Contents References_________________________________________________________________1 Company Overview AT&T is one of the largest provider of long distance and local telephone services in the United States. It became At&t in the year 1857‚ Alexander Graham Bell and two others agreed on this company. One of their first openings were in New Haven‚ Ct in 1878. The company starting name was American Bell Telephone Company. The acronyms standing for AT&T mean (American Telephone and Telegraph
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