Question 1Find out CFFA in two different ways using EXCELHere is the B/S and 1/S:"Current Accounts-2009: CA = 3625; CL = 1787%3D-2008: CA = 3596; CL = 2140•Fixed Assets and Depreciation-2009: NFA = 2194; 2008: NFA = 2261%3!-Depreciation Expense = 500•Long-term Debt and Equity-2009: LTD = 538; Common stock & APIC = 462-2008: LTD = 581; Common stock & APIC = 372%3D•Income Statement-EBIT = 1014; Taxes = 368-Interest Expense = 93; Dividends 285Use the editor to format your answer

The cash flow from financing activities (CFF) is a portion of a company's cash flow statement that…

Question 1 Find out CFFA in two different ways using EXCEL Here is the B/S and 1/S: •Current Accounts -2009: CA = 3625; CL = 1787 %3D -2008: CA = 3596; CL = 2140 %3D •Fixed Assets and Depreciation -2009: NFA = 2194; 2008: NFA = 2261 -Depreciation Expense = 500 %3! •Long-term Debt and Equity -2009: LTD = 538; Common stock & APIC = 462 -2008: LTD = 581; Common stock & APIC = 372 %3D

Question 1 Find out CFFA in two different ways using EXCEL Here is the B/S and 1/S: •Current Accounts -2009: CA = 3625; CL = 1787 %3D -2008: CA = 3596; CL = 2140 %3D •Fixed Assets and Depreciation -2009: NFA = 2194; 2008: NFA = 2261 -Depreciation Expense = 500 %3! •Long-term Debt and Equity -2009: LTD = 538; Common stock & APIC = 462 -2008: LTD = 581; Common stock & APIC = 372 %3D

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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