The retirement of debt by isuing equity stock. The collection of cash from sales that were made on credit. The leasing of assets in a long-term lease transaction. The purchase of noncash assets in exchange for equity or debt. The purchase of long-term assets financed by issulng a note or bond.

Q: Financing activities involve O acquiring long-lived assets. O lending money. O acquiring…

A: Financing activities transactions like borrowing, issue of stock, issue of bonds, the redemption of…

Q: Which one of the following statements does not describe liabilities correctly? Select one: O a. Most…

A: Liabilities are described as obligations which are required to be paid by the business. These are…

Q: A cash paid for a borrowing made earlier affects which of the following accounts? a. Cash and Notes…

A: Solution- Once you pay the full amount due, your account is paid in full. You have effectively…

Q: * ?Which one of the following is correct The term 'Sales' include the sales of fixed assets for cash…

A: Sales means the amount recorded in books as revenue earned by selling the goods or services. Account…

Q: Which of the following is an External sources of finance? a. Depreciation funds b. Retained…

A: Two sources of finance Internal and external

Q: In the following list, select each item as operating, investing, financing, or not separately…

A: This question is related to cash flow statement, in this question we have been asked to give the…

Q: Why is issuing a short-term note receivable an investing activity if it's short term and not long…

A: Short term note receivable are the notes that have maturity period of less than 12 months. Long term…

Q: Briefly describe how the concept of the time value of money is incorporated intothe valuation of…

A: Time value of money: Time value of money refers to the concept that the value of money available at…

Q: (a)Explain, using practical example the effect of accruals figures on the preparation of a…

A: "Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: What is removed from current assets in order to calculate the Quick Ratio? marketable securities…

A: Quick ratio = (Total current Assets - Inventory) / Total current liabilities

Q: Debt issuance costs are: Accounted for as a deduction from the equity balance on the balance sheet…

A: Equity, liabilities, and assets are part of the balance sheet of a company.  The balance sheet is…

Q: Transactions involving the purchase and sale of long-term assets, investing in equity securities,…

A: Business functions are a combination of various activities.

Q: Classify the following items as (1) on-balance-sheet assets, (2) on-balance sheet liabilities, (3)…

A: Off-balance sheet items include the items that are not represented in the balance sheet. Whereas,…

Q: define if operating, investing or financing expense Increase in Bonds Payable A decrease in the…

A: Statement of cash flows is one of the financial statement which shows all cash inflows and cash…

Q: Investments in debt instruments are financial assets because they are   A. Equity instruments of…

A: Solution: Investments in debt instruments are financial assets because they are "Contractual rights…

Q: Describe how the time value of money impacts the terms of a business loan. Explain how the time…

A: The time value of the  money states that an amount of money is worth more now than it will be in the…

Q: Which of the following accounts is an liability? a. Bank deposit b. Prepaid insurance expense c.…

A: Current liabilities: Liabilities which have to be paid  within one year from the date of the balance…

Q: Identify which of the following items is a noncash investing and financing activity that must be…

A: Cash flow from investing and financing activity are reported in the statement of cash flow. The…

Q: When Balance Sheets are being prepared, Assets and Liabilities are recorded at the current values,…

A: The correct answer for the above mentioned questions in the following steps for your reference.

Q: The acquisition of assets by issuing securities would be classified as an operating activity. an…

A: Issuing securities for the acquisition of assets doesn't involve any cash flows.

Q: Return on equity is: the rate of return that owners earn on their investment O the relationship of…

A: Return on equity can be defined as the earning on the equity as hold by the equity shareholders of…

Q: effect to asset, liability and owner's equity if the company repays the bank loan

A: Bank loan is the amount borrowed from the bank. Upon repayment of bank loan, the bank loan account…

Q: Financing activities include   a. lending money   b. acquiring investments   c. issuing debt   d.…

A: Option (c) issuing debt

Q: On a company's financial statements, do you have to list/note if an asset is being used as…

A: Disclosures are additional information which are meaningful and important for the stakeholders to…

Q: Which of the following would be part of a financial manager's investment decision? * a. Collecting…

A: The financial manager is supposed to take three types of decisions: Investment decision Financing…

Q: The liabilities on a balance sheet are represented by which of the following?Choose one answer.a.…

A: Balance sheet: It refers to a financial statement that shows all the liabilities, assets, and…

Q: Briefly describe how the concept of the time value of money is incorporated into the valuation of…

A: Time value of money: Time value of money refers to the concept that the value of money available at…

Q: Investing activities include Multiple Choice Purchase of non-current assets Lending and collecting…

A: Accounting's goals include keeping a systematic record of all financial transactions in a book of…

Q: How do firms use current liabilities, including accounts payable, accruals, lines of credit,…

A: Current liabilities are those liabilities which have a maturity period of one year or less than one…

Q: Financial Statement Focuses on accounting for liabilities and non-owner financing. Consider how…

A: The study of accounting is based on some fundamental accounting principles, concepts or conventions.…

Q: The purchase of equipment financed by a long-term notes payable is an example of ________. A…

A: Solution-   Non-cash investing and financing activity= Its means some investing and financial…

Q: Quick assets include which of the following?     "Cash, prepaid rent, and receivables."     "Cash,…

A: Quick Assets include followings-

Q: Which of the following is a long term financial instrument? a. Certificate of deposit. O b.…

A: Funds based on period are: Short term funds Long term funds.

Q: a) Calculate the equity (total asset – total liability) to asset ratio of the bank (Hint: equity to…

A: a. Computation of the equity to asset ratio of the bank: Excel computations: Worksheet…

Q: Cash and balances with the C

A: Cashand cash due from Central Bank; cash on deposit in postal banking accounts; Due from Banks;…

Q: Which of the following are the ways that a company can finance the purchase of assets?   Equity…

A: the correct option with proper explanation are as follows

Q: Which of the following liabilities is created when a company receives cash for services to be…

A: According to the accrual concept, the revenue should be recognized when the service is provided…

Q: eposits held as compensating balances   a. if legally restricted and held against long-term credit…

A: Answer: Deposits held as compensating balances are the amount that are held by lender on account for…

Q: Financing activities involve O cash receipts from sales of goods and services. O long-term liability…

A: Cash receipts from sale of goods and services are operating activities. Therefore, this option is…

Q: How would the acquisition of a building be reported on a statement of cash flows if purchased by…

A: Cash flow statement:   It is a financial statement prepared by an organization to report the inflow…

Q: ___________liabilities is created when a company receives cash for services to be provided in the​…

A: Liabilities: In the financial world, liabilities are creditors' claims on a company's assets or…

Q: TRUE OR FALSE? Cash set aside for bonds payable that will mature currently is shown as current…

A: The assets can be classified as current assets or non current assets. The current assets can be…

Characteristics of Bonds