Financial Statements -Assignment 4.1

In: Business and Management

Submitted By Laynebaril
Words 654
Pages 3
Financial statements -Assignment 4.1

Click Link Below To Buy:

http://hwcampus.com/shop/acct251-final-exam/

1. Financial statements all have a goal. The cash flow statement does as well.

Requirements
R1. Describe how the Statement of Cash Flows helps investors and creditors perform each of the following functions:
a. Predict future cash flows
b. Evaluate management decisions
c. Predict the ability to make debt payments to lenders and pay dividends to stockholders

2. Cash-flow items must be categorized into one of four categories.

Requirements
R1. Answer the following questions about the Statement of Cash Flows:
a. List the categories of cash flows in order of presentation.
b. What is the “key reconciling figure” for the Statement of Cash Flows? Where do you get this figure?
c. What is the first dollar amount to report for the indirect method?

3. Triumph Corporation is preparing its Statement of Cash Flows by the indirect method. Triumph has the following items for you to consider in preparing the statement:

Requirement
Identify each item as an

Operating activity—addition to net income (O+), or subtraction from net income (O–)
Investing activity—addition to cash flow (I+), or subtraction from cash flow (I–)
Financing activity—addition to cash flow (F+), or subtraction from cash flow(F–)
Activity that is not used to prepare the indirect cash-flow statement (N)
4. DVR Equipment, Inc., reported the following data for 2011:

Requirement
Compute DVR’s net cash provided by operating activities—indirect method.

5. Street Cellular accountants have assembled the following data for the year ended June 30, 2012:

Requirement
Prepare the operating activities section using the indirect method for Street Cellular’s Statement of Cash Flows for the year ended June 30, 2012.

6. Use the data in exercise 5 to…...

Similar Documents

Financial Statements

...Financial statements Brandywine Homecare, a not-for-profit business, had revenues of $12 million in 2007. Expenses other than depreciation totaled 75 percent of revenues, and depreciation expense was $1.5 million. All revenues were collected in cash during the year and all expenses other than depreciation were paid in cash. a. Construct Brandywine’s 2007 income statement. An income statement is summarized events of financial operations or activities of an organization, which focuses on its revenues, expenses, and profitability over a period of time. It is worth noting that financial statement summarizes economic events and status of an organization—income statement is the one of the three financial statements (Gapenski, 2008). Brandywine’s 2007 Income Statement Revenue: $12,000,000 Expenses: Depreciation $ 1,500,000 Other $ 9,000,000 Total expenses $10,500,000 According to Gapenski (2008), when revenue exceeds expenses, the result is a profit, and if expenses exceed revenues, the result is a loss. Other than depreciation, the revenues and expenses were collected and paid in cash—Brandywine Homecare uses the cash basis accounting method. b. What were Brandywine’s net income, total profit margin, and cash flow? The net income is the total earning of a company. It is calculated by Revenue minus Expense equal Net income......

Words: 958 - Pages: 4

Research Assignment 4.1

...Homework The following homework is designed to cover the course objectives for this unit. Research Assignment 4.1 (Start): 1. Read the following scenario: In 2006, Microsoft posted a high-level summary of 235 patents that were allegedly violated by Free and Open Source Software (FOSS), including the Linux Kernel, Samba, OpenOffice.org, and others. Shortly after that, MS entered into a series of three contracts with Novell, one of which was a patent agreement that basically said, “Don’t sue us and we won’t sue you.” 2. Write a research paper summarizing answers to the following questions: * At the time of this scenario, some dire consequences were predicted for FOSS. How has FOSS fared since then? Linux is still active, and all of the products that are mentioned are still active. Ubuntu got a new release, and it still includes Samba and many other FOSS programs. * What impact have these events made since then, or will they make? At the time of the scenario, some dire consequences were predicted for FOSS. How has FOSS fared since then?       Foss has a lingering shadow cast by Microsoft claiming that the free and open software community has violated over 200 of their patents. One of the main consequences that could have come out of the lawsuit from Microsoft is   FOSS goers would no longer have access to free software.   Steve Ballmer CEO of Microsoft states in an interview with CNN, "FOSS patrons are going to have to play by the......

Words: 2884 - Pages: 12

Hsa 525 Assignment 1 Financial Statement Analysis

...HSA 525 Assignment 1 Financial Statement Analysis http://hwguiders.com/downloads/hsa-525-assignment-1-financial-statement-analysis/ HSA 525 Assignment 1 Financial Statement Analysis Select one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA). Suppose you are a newly appointed CFO of your chosen health care organization. One of your first tasks is to conduct an internal financial analysis of the organization. Conduct a brief financial analysis and review of the chosen company’s financial statements for at least three (3) consecutive years. After conducting the analysis, interpret the data contained within the statements. Write a three to four (3-4) page paper in which you: Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale. Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial performance of the organization. As the CFO, suggest at least one (1) way that you might minimize the impact of the trend on the organization. As the CFO, suggest one (1) key strategy that you might use in order to improve the financial......

Words: 421 - Pages: 2

Hsa 525 Assignment 1: Financial Statement Analysis

...HSA 525 Assignment 1: Financial Statement Analysis To Buy this Class Copy & paste below link in your Brower http://homeworkregency.com/downloads/hsa-525-assignment-1-financial-statement-analysis/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com HSA 525 Assignment 1: Financial Statement Analysis Assignment 1: Financial Statement Analysis Due Week 4 and worth 200 points Select one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA). Suppose you are a newly appointed CFO of your chosen health care organization. One of your first tasks is to conduct an internal financial analysis of the organization. Conduct a brief financial analysis and review of the chosen company’s financial statements for at least three (3) consecutive years. After conducting the analysis, interpret the data contained within the statements. Write a three to four (3-4) page paper in which you: Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale. Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial......

Words: 462 - Pages: 2

Hsa 525 Assignment 1 Financial Statement Analysis

...HSA 525 Assignment 1 Financial Statement Analysis http://hwguiders.com/downloads/hsa-525-assignment-1-financial-statement-analysis/ HSA 525 Assignment 1 Financial Statement Analysis Select one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA). Suppose you are a newly appointed CFO of your chosen health care organization. One of your first tasks is to conduct an internal financial analysis of the organization. Conduct a brief financial analysis and review of the chosen company’s financial statements for at least three (3) consecutive years. After conducting the analysis, interpret the data contained within the statements. Write a three to four (3-4) page paper in which you: Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale. Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial performance of the organization. As the CFO, suggest at least one (1) way that you might minimize the impact of the trend on the organization. As the CFO, suggest one (1) key strategy that you might use in order to improve the financial......

Words: 421 - Pages: 2

Hsa 525 Assignment 1: Financial Statement Analysis

...HSA 525 Assignment 1: Financial Statement Analysis To Buy this Class Copy & paste below link in your Brower http://homeworkregency.com/downloads/hsa-525-assignment-1-financial-statement-analysis/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com HSA 525 Assignment 1: Financial Statement Analysis Assignment 1: Financial Statement Analysis Due Week 4 and worth 200 points Select one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA). Suppose you are a newly appointed CFO of your chosen health care organization. One of your first tasks is to conduct an internal financial analysis of the organization. Conduct a brief financial analysis and review of the chosen company’s financial statements for at least three (3) consecutive years. After conducting the analysis, interpret the data contained within the statements. Write a three to four (3-4) page paper in which you: Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale. Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial......

Words: 462 - Pages: 2

Hsa 525 Assignment 1: Financial Statement Analysis

...HSA 525 Assignment 1: Financial Statement Analysis http://homeworkfy.com/downloads/hsa-525-assignment-1-financial-statement-analysis/ To Get this Tutorial Copy & Paste above URL Into Your Browser Hit Us Email for Any Inquiry at: Homeworkfy@gmail.com Visit our Site for More Tutorials: (http://homeworkfy.com/ ) Assignment 1: Financial Statement Analysis Due Week 4 and worth 200 points Select one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA). Suppose you are a newly appointed CFO of your chosen health care organization. One of your first tasks is to conduct an internal financial analysis of the organization. Conduct a brief financial analysis and review of the chosen company’s financial statements for at least three (3) consecutive years. After conducting the analysis, interpret the data contained within the statements. Write a three to four (3-4) page paper in which you: Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale. Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial performance of the organization. As the CFO,......

Words: 456 - Pages: 2

Hsa 525 Assignment 1 Financial Statement Analysis

...HSA 525 Assignment 1 Financial Statement Analysis http://hwguiders.com/downloads/hsa-525-assignment-1-financial-statement-analysis/ HSA 525 Assignment 1 Financial Statement Analysis Select one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA). Suppose you are a newly appointed CFO of your chosen health care organization. One of your first tasks is to conduct an internal financial analysis of the organization. Conduct a brief financial analysis and review of the chosen company’s financial statements for at least three (3) consecutive years. After conducting the analysis, interpret the data contained within the statements. Write a three to four (3-4) page paper in which you: Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale. Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial performance of the organization. As the CFO, suggest at least one (1) way that you might minimize the impact of the trend on the organization. As the CFO, suggest one (1) key strategy that you might use in order to improve the financial......

Words: 421 - Pages: 2

Hsa 525 Assignment 1: Financial Statement Analysis

...HSA 525 Assignment 1: Financial Statement Analysis http://homeworktimes.com/downloads/hsa-525-assignment-1-financial-statement-analysis-2/ Assignment 1: Financial Statement Analysis Due Week 4 and worth 200 points Select one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA). Suppose you are a newly appointed CFO of your chosen health care organization. One of your first tasks is to conduct an internal financial analysis of the organization. Conduct a brief financial analysis and review of the chosen company’s financial statements for at least three (3) consecutive years. After conducting the analysis, interpret the data contained within the statements. Write a three to four (3-4) page paper in which you: Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale. Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial performance of the organization. As the CFO, suggest at least one (1) way that you might minimize the impact of the trend on the organization. As the CFO, suggest one (1) key strategy that you might use in order to improve the......

Words: 427 - Pages: 2

Hsa 525 Assignment 1 Financial Statement Analysis

...HSA 525 Assignment 1 Financial Statement Analysis http://hwguiders.com/downloads/hsa-525-assignment-1-financial-statement-analysis/ HSA 525 Assignment 1 Financial Statement Analysis Select one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA). Suppose you are a newly appointed CFO of your chosen health care organization. One of your first tasks is to conduct an internal financial analysis of the organization. Conduct a brief financial analysis and review of the chosen company’s financial statements for at least three (3) consecutive years. After conducting the analysis, interpret the data contained within the statements. Write a three to four (3-4) page paper in which you: Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale. Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial performance of the organization. As the CFO, suggest at least one (1) way that you might minimize the impact of the trend on the organization. As the CFO, suggest one (1) key strategy that you might use in order to improve the financial......

Words: 421 - Pages: 2

Hsa 525 Assignment 1: Financial Statement Analysis

...HSA 525 Assignment 1: Financial Statement Analysis http://homeworklance.com/downloads/hsa-525-assignment-1-financial-statement-analysis/ Assignment 1: Financial Statement Analysis Due Week 4 and worth 200 points Select one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA). Suppose you are a newly appointed CFO of your chosen health care organization. One of your first tasks is to conduct an internal financial analysis of the organization. Conduct a brief financial analysis and review of the chosen company’s financial statements for at least three (3) consecutive years. After conducting the analysis, interpret the data contained within the statements. Write a three to four (3-4) page paper in which you: Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale. Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial performance of the organization. As the CFO, suggest at least one (1) way that you might minimize the impact of the trend on the organization. As the CFO, suggest one (1) key strategy that you might use in order to improve......

Words: 426 - Pages: 2

Financial Statements -Assignment 4.1

...Financial statements -Assignment 4.1 Click Link Below To Buy: http://hwcampus.com/shop/acct251-final-exam/ 1. Financial statements all have a goal. The cash flow statement does as well. Requirements R1. Describe how the Statement of Cash Flows helps investors and creditors perform each of the following functions: a. Predict future cash flows b. Evaluate management decisions c. Predict the ability to make debt payments to lenders and pay dividends to stockholders 2. Cash-flow items must be categorized into one of four categories. Requirements R1. Answer the following questions about the Statement of Cash Flows: a. List the categories of cash flows in order of presentation. b. What is the “key reconciling figure” for the Statement of Cash Flows? Where do you get this figure? c. What is the first dollar amount to report for the indirect method? 3. Triumph Corporation is preparing its Statement of Cash Flows by the indirect method. Triumph has the following items for you to consider in preparing the statement: Requirement Identify each item as an Operating activity—addition to net income (O+), or subtraction from net income (O–) Investing activity—addition to cash flow (I+), or subtraction from cash flow (I–) Financing activity—addition to cash flow (F+), or subtraction from cash flow(F–) Activity that is not used to prepare the indirect cash-flow statement (N) 4. DVR Equipment, Inc., reported the following data for 2011: ...

Words: 654 - Pages: 3

Hsa 525 Assignment 1: Financial Statement Analysis

...HSA 525 Assignment 1: Financial Statement Analysis http://homeworklance.com/downloads/hsa-525-assignment-1-financial-statement-analysis/ Assignment 1: Financial Statement Analysis Due Week 4 and worth 200 points Select one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA). Suppose you are a newly appointed CFO of your chosen health care organization. One of your first tasks is to conduct an internal financial analysis of the organization. Conduct a brief financial analysis and review of the chosen company’s financial statements for at least three (3) consecutive years. After conducting the analysis, interpret the data contained within the statements. Write a three to four (3-4) page paper in which you: Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale. Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial performance of the organization. As the CFO, suggest at least one (1) way that you might minimize the impact of the trend on the organization. As the CFO, suggest one (1) key strategy that you might use in order to improve......

Words: 426 - Pages: 2

Acc/220 Financial Statements Week 2 Assignment

...Financial Statements Your name here ACC/220 Date Instructor Information about a company is reported on financial statements that show the company’s financial state of being. Reports made on a balance sheet, an income statement, a retained earnings statement, and a statement of cash flows show different aspects of a company’s financial situation. Lenders, creditors, and investors use these documents for determining the future prospects of the company. Managers within the company also use these documents to make decisions about the daily operations of the company. The income statement reports the success or failure of a company’s operations for a period by listing the company’s revenues and expenses (Kimmel, Weygrandt, & Kieso, 2003). The net income of the company is determined on the income statement by deducting expenses from revenues (Kimmel, Weygrandt, & Kieso, 2003). The retained earnings statement shows the amounts of retained earnings during a period, and the causes of changes in those amounts. Retained earnings are the net income retained in a company not paid in dividends to stockholders (Kimmel, Weygrandt, & Kieso, 2003). The balance sheet reports the assets, the liabilities, and the stockholders equity within the company at a specific point (Kimmel, Weygrandt, & Kieso, 2003). Assets on the balance sheet are balanced against liabilities and stockholders’ equity (Kimmel, Weygrandt, & Kieso, 2003). The statement of cash flows provides......

Words: 523 - Pages: 3

Financial Statements -Assignment 4.1

...Financial statements -Assignment 4.1 Click Link Below To Buy: http://hwcampus.com/shop/acct251-final-exam/ 1. Financial statements all have a goal. The cash flow statement does as well. Requirements R1. Describe how the Statement of Cash Flows helps investors and creditors perform each of the following functions: a. Predict future cash flows b. Evaluate management decisions c. Predict the ability to make debt payments to lenders and pay dividends to stockholders 2. Cash-flow items must be categorized into one of four categories. Requirements R1. Answer the following questions about the Statement of Cash Flows: a. List the categories of cash flows in order of presentation. b. What is the “key reconciling figure” for the Statement of Cash Flows? Where do you get this figure? c. What is the first dollar amount to report for the indirect method? 3. Triumph Corporation is preparing its Statement of Cash Flows by the indirect method. Triumph has the following items for you to consider in preparing the statement: Requirement Identify each item as an Operating activity—addition to net income (O+), or subtraction from net income (O–) Investing activity—addition to cash flow (I+), or subtraction from cash flow (I–) Financing activity—addition to cash flow (F+), or subtraction from cash flow(F–) Activity that is not used to prepare the indirect cash-flow statement (N) 4. DVR Equipment, Inc., reported the following data for 2011: ...

Words: 654 - Pages: 3