Cash Flow Preparation FIN/200 September 8‚ 2011 Axia College of University of Phoenix WEEK 1 ASSIGNMENT – CASH FLOW PREPARATION 1. Prepare a statement of cash flows for the Widget Corporation. Follow the general procedures indicated in Table 2–10. ___________________________________________________________________ WIDGET CORPORATION Income Statement For the Year Ended December 31‚ 2008 Sales $2‚200‚000 Cost of goods sold 1‚300‚000 Gross profits 900‚000 Selling and administrative
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Chinese New Year? Is it Real or Fake? This year’s Chinese New Year is going to be on: 2013 | 2013-02-10 | Snake (2013-02-10—2014-01-31) | | | | Chinese New Year is the most important of the traditional Chinese holidays. In China‚ it is also known as the Spring Festival‚ the literal translation of the modern Chinese name. Chinese New Year celebrations traditionally ran from Chinese New Year’s Day itself‚ the first day of the first month of the Chinese calendar‚ to the Lantern
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New Year’s Day was originally in March before the Julian calendar took effect in 45 BC when January and February were added to the calendar.In the early Roman calendar‚ March was the beginning of the year. The name “March” originated from the Roman god of war Mars whom was seen as the guardian of agriculture. “Janus was the Roman god of doors and gates‚ and had two faces‚ one looking forward and one back. “Caesar felt that the month named after this god (“January”) would be the appropriate “door”
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Methods and Cash Flow Estimation Tasty Foods Corporation (Part A) November 5‚ 2012 Executive Summary: Tasty Foods has seen phenomenal growth throughout its lifetime in large part due to a continuous development of innovative new products. Although prosperous for Tasty Foods from its birth‚ this is a business initiative that in the past years‚ Tasty Foods has not maintained. Consumers are shifting towards a more health conscious lifestyle and until now Tasty Foods has not presented any new products
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Child and Young Person’s Development – Task 1 Describe the expected pattern of children and young people’s development from birth to 19 years‚ to include: 1. Physical development 2. Communication and intellectual development 3. Social‚ emotional and behavioural development * Birth - 4 months: Gains about 1 oz. per day after initial weight loss in first week. At birth children have reflexes such as sucking‚ hands fisted‚ grasping‚ random movement etc. Around 1 month old they
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The Vietnamese lunar New Year festival‚ Tet Nguyen Dan‚ is the most significant holiday taking place within the first three days of the New Year. The nearer New Year comes the more excited and enthusiastic people are. In general‚ preparation for Tet starts one week before New Year’s Day. There are three main activities in this week: shopping‚ cleaning and decorating houses‚ and "Tat Nien" parties. Shopping is the most interesting activity before Tet. There is a number of items must be bought. In
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Weighted Average Cost of Capital (WACC) Calculations The weighted average cost of capital (WACC) is the discount rate used in the discounted cash flow analysis. Usually‚ the WACC is the weighted average of the cost of debt (Kd) and the cost of equity (Ke)‚ since debt and equity are the most common sources of funds for the companies. In general‚ the formula for WACC is the following: As implied by the formula itself‚ if a company does not have interest-bearing debts‚ then its WACC would equal
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Chinese New Year China is the first one of the cradles of world civilization‚ 5000 years of history makes China more powerful. There are many China’s unique festivals‚ like Mid-Autumn Festival‚ Ching Ming Festival‚ Dragon Boat Festival‚ Winter Festival and Chinese New year. Especially Chinese New Year remains the most important social and economic holiday in China. The Chinese New Year is now popularly known as the Spring Festival because it starts from the Beginning of Spring. Its origin is too
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Cash Flow Statements - Indirect method – Reconciliation for Cash from Operations –from Accrual profit to Cash generated. Accrual profit recorded items below that did not involve Cash Action to derive Cash Explanations and reasons for adjustments necessary to derive Cash from Operations [Profit making activities] 1 Depreciation buildings Add back Non cash expense that reduced profit 2 Proceeds from sale of Asset deduct Non cash gain or profit that increased profit 3 Carrying amount of Asset sold
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statement and statement of cash flows used to make business decisions? The income statement reflects the company’s financial performance by showing how much money was generated (revenue)‚ how much was spent (expenses)‚ and the difference (profit) between the two over a period of time. It is divided into the operating and non-operating sections. It can also tell how much money shareholders would receive if the company were to distribute all of its net earnings. The cash flow statement provides cumulative
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