1-Accaunting a) income statmest to Statemet of aunes epuity b) balance sheet to stakment of anos equity C) balance Sheet to income statement D)(ash flow Stakement Data flow from the to ncome

Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter9: Operating Activities
Section: Chapter Questions
Problem 6QE
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hancial Services LLC
hemano@wisdirect.com
FRI
と
6. hich of the folowing is not, a
Viabity alcant?
a) ncants payuble
Bi uccreed
C) piepaicd expense
Di cement paction of kng tem notes payatle
Straight line Depreciutson method recends depiciatin experses;
a) less in the early years anl more in lakr years
b) Baseel on
c/ More In the eary yeurs and less in lafer years
D)At an evers amount ench yeur over the life of the asset
inkrest
7. The
the amount of units prodluced by the asset
0. The Cocncola (ompang reporteel the followiag at the end of 20R. Asets of
exprves
de, o00,000,00 Costs ind
53,000,00,000,topes equity of, ravenue of 48,00 cOD cro. Net income
for
21,000, 000 ow, liatilities of
the year Wus:
A) 48,000,600, b00
Requitly=33, 00,,0
D/33000,0e, coo
the
With retained canings of 3,500,000, eanel
of
4 Acoperation bigan
net 1aone of 00,000 nnl reported cacling
3,400,0.0.videnels of for the year were
year
carminys
hetaiged
Borom
- Which of the followby is Nol a true Statemant atout grs Margin
a H is a waluabl netric nevaluesting peze preluct profifabilhty
b) It is Calaulated as revencie les lost of yzal Sdd
Selling and macketny expeoxs are linsideed in its cakudlaton
It is" also refered to as Gross profit
Transcribed Image Text:hancial Services LLC hemano@wisdirect.com FRI と 6. hich of the folowing is not, a Viabity alcant? a) ncants payuble Bi uccreed C) piepaicd expense Di cement paction of kng tem notes payatle Straight line Depreciutson method recends depiciatin experses; a) less in the early years anl more in lakr years b) Baseel on c/ More In the eary yeurs and less in lafer years D)At an evers amount ench yeur over the life of the asset inkrest 7. The the amount of units prodluced by the asset 0. The Cocncola (ompang reporteel the followiag at the end of 20R. Asets of exprves de, o00,000,00 Costs ind 53,000,00,000,topes equity of, ravenue of 48,00 cOD cro. Net income for 21,000, 000 ow, liatilities of the year Wus: A) 48,000,600, b00 Requitly=33, 00,,0 D/33000,0e, coo the With retained canings of 3,500,000, eanel of 4 Acoperation bigan net 1aone of 00,000 nnl reported cacling 3,400,0.0.videnels of for the year were year carminys hetaiged Borom - Which of the followby is Nol a true Statemant atout grs Margin a H is a waluabl netric nevaluesting peze preluct profifabilhty b) It is Calaulated as revencie les lost of yzal Sdd Selling and macketny expeoxs are linsideed in its cakudlaton It is" also refered to as Gross profit
1Accanting Data flow from the
a) inceme statmest to Statemet of aunes eguity
b) balance sheet to stakment of anos efuity
Cbalance Sheet to inome statement
)(ash flow Statemant
to Incame Stalement
2.
fevence reconitiun Principle says
a) recond" reveAce when you Sipn Contract
2recerd revoke anly after
hae eanedit
you
Areand
fevence when
háu reiered an
orcer
you
Drecod rennde after you reciere Lash
3) Fosil
ü famous for fashion. At the ecnd of the year Foss
total
assets ado up to 363,0g0ond equity 226,0
much
were fossils lidbilifies?
2)cannot chefesmine
b363, 000,000
りス28,000 008
4) The main catyones of cash flohs actwittes are
a) Direct and indirect
Joog
Di gperating, mresting, and finencing
curent ndd
term
non ush inestikg unul
nesting.
finaning
5) Which of the followina 1s includel within curent assets on Balane Sheef
a) laned vsrel in Raily speratio
b)A truck d in
nuntury,
D vstingi al assets
laily operation.
Transcribed Image Text:1Accanting Data flow from the a) inceme statmest to Statemet of aunes eguity b) balance sheet to stakment of anos efuity Cbalance Sheet to inome statement )(ash flow Statemant to Incame Stalement 2. fevence reconitiun Principle says a) recond" reveAce when you Sipn Contract 2recerd revoke anly after hae eanedit you Areand fevence when háu reiered an orcer you Drecod rennde after you reciere Lash 3) Fosil ü famous for fashion. At the ecnd of the year Foss total assets ado up to 363,0g0ond equity 226,0 much were fossils lidbilifies? 2)cannot chefesmine b363, 000,000 りス28,000 008 4) The main catyones of cash flohs actwittes are a) Direct and indirect Joog Di gperating, mresting, and finencing curent ndd term non ush inestikg unul nesting. finaning 5) Which of the followina 1s includel within curent assets on Balane Sheef a) laned vsrel in Raily speratio b)A truck d in nuntury, D vstingi al assets laily operation.
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