Instrument Corporation has the following investments which were held t.docx
•Download as DOCX, PDF•
0 likes•2 views
Instrument Corporation has the following investments which were held throughout 2014–2015: Fair Value Cost                                 12/31/14             12/31/15 Trading                                $600,000                             $800,000             $760,000 Available-for-sale                           600,000                              640,000              720,000 What amount of gain or loss would Instrument Corporation report in its income statement for the year ended December 31, 2015 related to its investments? a.  $40,000 gain. b.  $40,000 loss. c.  $280,000 gain. d.  $160,000 gain. What amount would be reported as accumulated other comprehensive income related to investments in Instrument Corporation’s balance sheet at December 31, 2014? a.  $80,000 gain. b.  $120,000 gain. c.  $40,000 gain. d.  $240,000 gain. Solution What amount of gain or loss would Instrument Corporation report in its income statement for the year ended December 31, 2015 related to its investments? Amount of gain or loss reported in income statement (2015) = Fair Value of Trading investment on 12/31/15 - Fair Value of Trading investment on 12/31/14 Amount of gain or loss reported in income statement (2015) = 760000 - 800000 Amount of gain or loss reported in income statement (2015) = - $ 40000 Answer b.  $40,000 loss. What amount would be reported as accumulated other comprehensive income related to investments in Instrument Corporation’s balance sheet at December 31, 2014? Amount reported as accumulated other comprehensive income (2014) = Fair Value of Available-for-sale investment on 12/31/14 - Cost of Available-for-sale  investment in 2014 Amount reported as accumulated other comprehensive income (2014) = 640000-600000 Amount reported as accumulated other comprehensive income (2014) = $ 40000 Gain Answer c.  $40,000 gain. .
Report
Share
Report
Share
Recommended
Brief Exercise 18-11 (Part.docx
The document provides financial statement data for Rainsberger Company and Haskin Company for 2015 and 2014. It includes accounts receivable, net sales, inventory, purchases, and cost of goods sold amounts. It asks to calculate accounts receivable turnover and inventory turnover for each company and year. It also provides data for Guo Company and asks to calculate cash dividends and average assets. Finally, it provides income statement data for Navarro Corporation for 2015 and 2014 and asks to prepare a vertical analysis for each year.
Brief Exercise 18-2Schellh.docx
The document provides financial statement data for Schellhammer Corporation for 2013, 2014, and 2015 including current assets, current liabilities, and total assets. It asks the student to perform horizontal analysis, vertical analysis, and calculate current ratios for current assets for each year. It also provides additional financial statement data for other companies and asks students to calculate various ratios and percentages.
TABLE OF CONTENTSCover LetterTable of Contents….…………………….docx
TABLE OF CONTENTS
Cover Letter
Table of Contents….……………………………………………………………………………..i
Executive Summary ii
Description of the Business
Overview of the business……....………………………………………………..…………..iii
Industry iv
Company v
Customers vi
Competitors vii
Operation
Technology and Equipment…………………………………………………………………..8
Facilities and Layout 1
Management Profile 4
Personnel Profile 18
Marketing Plan 38
Competition……....………………………………………………..………………………..…..iii
Customer iv
Service/Product v
Pricing vi
Promotion vii
Distribution/Location and Facilities……………………………………………………………
The Sales Plan
The Sales Team…………….…………………………………………………………………..8
Management 1
Sales Policies……………………………………………………………………………………2
Sales Projections (Sales Estimates)……………………………………………....................9
FINANCIAL DOCUMENTATION
Financial Statements 53
Income Statement 57
Cash Flow Statement 75
Balance Sheet 80
Statement of Shareholder’s Equity 81
Supplement Financial Documents
Sources and Uses of Funds Statement 82
Capital Equipment……..………...………………………………..………………………..…..iii
Start Up Cost (One Time Expense) iv
Inventory v
Wage/Salaries vi
Marketing- Promotional Expenses vii
Loan Repayment Schedules iv
Depreciation Schedules v
Loan Application vi
Term Sheet vii
ii
InstructionsGeneral InstructionsPassword toUNPROTECTMake a back-up copy of this spreadsheet before you use itSpeadsheetThis Spreadsheet is Password Protected however the password to unprotect it istcWARNING -This spreadsheet is NOT PROTECTEDThe User should verify formulas within the worksheetsThe User should verify links between the worksheetsThe user should expect to modify these worksheetsVariables have shaded backgroundsNumbers inBLACKare variables and are to be inserted by the userAdditionalNotes and InstructionsText inBLACKto be inserted by the userare included in the bordersNumbers inBLACKare protected, they are either formulas or linkedText inBLACKmay be linkedTo Print SpeadsheetsThe following spreadsheets are intended to be used as aset the print range from thewhite bottom right hand cornerGUIDE FOR FORMAT ONLYto the top left cornerThe USER should verify accuracy of formula, links and calculationsThe Business Plan Workbook for an Owner-Managed BusinessCopyright © 2014 E ClarkPublished by The Business Workbook43 Glen AveUpton MA 01568www.TheBusinessPlanWorkbook.comAll Rights Reserved. No part of this publication may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying and microfilm, without permission in writing from the publisher.“This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.”© The Business Workbook 2014
&C&A
&LE L Clark&CPage &P&R&D
www.TheBusiness ...
Chapter 5 - Cash flows - handout.pptx
The document discusses cash flow statements, including:
1) It compares cash flows from operating, investing, and financing activities and contrasts cash flow statements prepared under IFRS and US GAAP.
2) It distinguishes between the direct and indirect methods of presenting cash from operating activities.
3) It analyzes and interprets both reported and common-size cash flow statements, calculates performance and coverage cash flow ratios, and interprets free cash flow.
Managing In A Down Economy
This document provides strategies for managing finances during an economic downturn. It recommends conducting strategic assessments of financial performance, operations, banking relationships and vendors. Key areas to examine include liquidity, profitability, leverage, staffing, overhead, pricing and accounts receivable. The document also discusses how working capital works, how to avoid cash flow issues, elements to include in cash flow projections and principles for forecasting cash flow. Sample cash flow projections are presented.
Accounts
The document presents financial information for Exide Industries Ltd, India's largest lead acid storage battery manufacturer, for the years 2012-2016. It includes income statements, balance sheets, ratio analyses and comparisons to industry standards. Key points are:
- Revenue and profits have increased over the period while expenses have also risen.
- Current and quick ratios indicate good short-term liquidity. Debt-to-equity and asset turnover ratios are mostly within normal ranges.
- Reserves and shareholder equity have grown steadily each year.
Problem 1-6 (LO 3, 4) Cash purchase with goodwill.Tweeden Corp.docx
Problem 1-6 (LO 3, 4) Cash purchase with goodwill.
Tweeden Corporation is contemplating the acquisition of the net assets of Sylvester Corporation in anticipation of expanding its operations. The balance sheet of Sylvester Corporation on December 31, 2015, is as follows:
Sylvester Corporation
Balance Sheet
December 31, 2015
Current assets:
Current liabilities:
Notes receivable
$ 24,000
Accounts payable
$ 45,000
Accounts receivable
56,000
Payroll and benefit-related liabilities
12,500
Inventory
31,000
Other current assets
18,000
Debt maturing in one year
10,000
Total current assets
$129,000
Total current liabilities
$ 67,500
Investments
65,000
Fixed assets:
Other liabilities:
Land
$ 32,000
Long-term debt
$248,000
Building
245,000
Payroll and benefit-related liabilities
156,000
Equipment
387,000
Total fixed assets
664,000
Total other liabilities
404,000
Intangibles:
Stockholders’ equity:
Goodwill
$ 45,000
Common stock
$100,000
Patents
23,000
Paid-in capital in excess of par
250,000
Trade names
10,000
Retained earnings
114,500
Total intangibles
78,000
Total equity
464,500
Total assets
$936,000
Total liabilities and equity
$936,000
An appraiser for Tweeden determined the fair values of Sylvester’s assets and liabilities to be as shown on next page.
Assets
Liabilities
Notes receivable
$ 24,000
Accounts payable
$ 45,000
Accounts receivable
56,000
Payroll and benefit-related liabilities—current
12,500
Inventory
30,000
Other current assets
15,000
Debt maturing in one year
10,000
Investments
63,000
Land
55,000
Long-term debt
248,000
Building
275,000
Payroll and benefit-related liabilities—long-term
156,000
Equipment
426,000
Goodwill
—
Patents
20,000
Trade names
15,000
The agreed-upon purchase price is $580,000 in cash. Acquisition costs paid in cash total $20,000.
Required
Using the above information, do value analysis and prepare the entry on the books of Tweeden Corporation to acquire the net assets of Sylvester Corporation on December 31, 2015.
Problem 1-5 (LO 3, 4) Revaluation of assets.
Jack Company is a corporation that was organized on July 1, 2015. The June 30, 2020, balance sheet for Jack is as follows:
Assets
Investments
$ 400,500
Accounts receivable
$1,250,000
Allowance for doubtful accounts
(300,000)
950,000
Inventory
1,500,000
Prepaid insurance
18,000
Land
58,000
Machinery and equipment (net)
1,473,500
Goodwill
100,000
Total assets
$4,500,000
Liabilities and Equity
Current liabilities
$1,475,000
Common stock ($10 par)
1,200,000
Retained earnings
1,825,000
Total liabilities and equity
$.
Recommended
Brief Exercise 18-11 (Part.docx
The document provides financial statement data for Rainsberger Company and Haskin Company for 2015 and 2014. It includes accounts receivable, net sales, inventory, purchases, and cost of goods sold amounts. It asks to calculate accounts receivable turnover and inventory turnover for each company and year. It also provides data for Guo Company and asks to calculate cash dividends and average assets. Finally, it provides income statement data for Navarro Corporation for 2015 and 2014 and asks to prepare a vertical analysis for each year.
Brief Exercise 18-2Schellh.docx
The document provides financial statement data for Schellhammer Corporation for 2013, 2014, and 2015 including current assets, current liabilities, and total assets. It asks the student to perform horizontal analysis, vertical analysis, and calculate current ratios for current assets for each year. It also provides additional financial statement data for other companies and asks students to calculate various ratios and percentages.
TABLE OF CONTENTSCover LetterTable of Contents….…………………….docx
TABLE OF CONTENTS
Cover Letter
Table of Contents….……………………………………………………………………………..i
Executive Summary ii
Description of the Business
Overview of the business……....………………………………………………..…………..iii
Industry iv
Company v
Customers vi
Competitors vii
Operation
Technology and Equipment…………………………………………………………………..8
Facilities and Layout 1
Management Profile 4
Personnel Profile 18
Marketing Plan 38
Competition……....………………………………………………..………………………..…..iii
Customer iv
Service/Product v
Pricing vi
Promotion vii
Distribution/Location and Facilities……………………………………………………………
The Sales Plan
The Sales Team…………….…………………………………………………………………..8
Management 1
Sales Policies……………………………………………………………………………………2
Sales Projections (Sales Estimates)……………………………………………....................9
FINANCIAL DOCUMENTATION
Financial Statements 53
Income Statement 57
Cash Flow Statement 75
Balance Sheet 80
Statement of Shareholder’s Equity 81
Supplement Financial Documents
Sources and Uses of Funds Statement 82
Capital Equipment……..………...………………………………..………………………..…..iii
Start Up Cost (One Time Expense) iv
Inventory v
Wage/Salaries vi
Marketing- Promotional Expenses vii
Loan Repayment Schedules iv
Depreciation Schedules v
Loan Application vi
Term Sheet vii
ii
InstructionsGeneral InstructionsPassword toUNPROTECTMake a back-up copy of this spreadsheet before you use itSpeadsheetThis Spreadsheet is Password Protected however the password to unprotect it istcWARNING -This spreadsheet is NOT PROTECTEDThe User should verify formulas within the worksheetsThe User should verify links between the worksheetsThe user should expect to modify these worksheetsVariables have shaded backgroundsNumbers inBLACKare variables and are to be inserted by the userAdditionalNotes and InstructionsText inBLACKto be inserted by the userare included in the bordersNumbers inBLACKare protected, they are either formulas or linkedText inBLACKmay be linkedTo Print SpeadsheetsThe following spreadsheets are intended to be used as aset the print range from thewhite bottom right hand cornerGUIDE FOR FORMAT ONLYto the top left cornerThe USER should verify accuracy of formula, links and calculationsThe Business Plan Workbook for an Owner-Managed BusinessCopyright © 2014 E ClarkPublished by The Business Workbook43 Glen AveUpton MA 01568www.TheBusinessPlanWorkbook.comAll Rights Reserved. No part of this publication may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying and microfilm, without permission in writing from the publisher.“This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.”© The Business Workbook 2014
&C&A
&LE L Clark&CPage &P&R&D
www.TheBusiness ...
Chapter 5 - Cash flows - handout.pptx
The document discusses cash flow statements, including:
1) It compares cash flows from operating, investing, and financing activities and contrasts cash flow statements prepared under IFRS and US GAAP.
2) It distinguishes between the direct and indirect methods of presenting cash from operating activities.
3) It analyzes and interprets both reported and common-size cash flow statements, calculates performance and coverage cash flow ratios, and interprets free cash flow.
Managing In A Down Economy
This document provides strategies for managing finances during an economic downturn. It recommends conducting strategic assessments of financial performance, operations, banking relationships and vendors. Key areas to examine include liquidity, profitability, leverage, staffing, overhead, pricing and accounts receivable. The document also discusses how working capital works, how to avoid cash flow issues, elements to include in cash flow projections and principles for forecasting cash flow. Sample cash flow projections are presented.
Accounts
The document presents financial information for Exide Industries Ltd, India's largest lead acid storage battery manufacturer, for the years 2012-2016. It includes income statements, balance sheets, ratio analyses and comparisons to industry standards. Key points are:
- Revenue and profits have increased over the period while expenses have also risen.
- Current and quick ratios indicate good short-term liquidity. Debt-to-equity and asset turnover ratios are mostly within normal ranges.
- Reserves and shareholder equity have grown steadily each year.
Problem 1-6 (LO 3, 4) Cash purchase with goodwill.Tweeden Corp.docx
Problem 1-6 (LO 3, 4) Cash purchase with goodwill.
Tweeden Corporation is contemplating the acquisition of the net assets of Sylvester Corporation in anticipation of expanding its operations. The balance sheet of Sylvester Corporation on December 31, 2015, is as follows:
Sylvester Corporation
Balance Sheet
December 31, 2015
Current assets:
Current liabilities:
Notes receivable
$ 24,000
Accounts payable
$ 45,000
Accounts receivable
56,000
Payroll and benefit-related liabilities
12,500
Inventory
31,000
Other current assets
18,000
Debt maturing in one year
10,000
Total current assets
$129,000
Total current liabilities
$ 67,500
Investments
65,000
Fixed assets:
Other liabilities:
Land
$ 32,000
Long-term debt
$248,000
Building
245,000
Payroll and benefit-related liabilities
156,000
Equipment
387,000
Total fixed assets
664,000
Total other liabilities
404,000
Intangibles:
Stockholders’ equity:
Goodwill
$ 45,000
Common stock
$100,000
Patents
23,000
Paid-in capital in excess of par
250,000
Trade names
10,000
Retained earnings
114,500
Total intangibles
78,000
Total equity
464,500
Total assets
$936,000
Total liabilities and equity
$936,000
An appraiser for Tweeden determined the fair values of Sylvester’s assets and liabilities to be as shown on next page.
Assets
Liabilities
Notes receivable
$ 24,000
Accounts payable
$ 45,000
Accounts receivable
56,000
Payroll and benefit-related liabilities—current
12,500
Inventory
30,000
Other current assets
15,000
Debt maturing in one year
10,000
Investments
63,000
Land
55,000
Long-term debt
248,000
Building
275,000
Payroll and benefit-related liabilities—long-term
156,000
Equipment
426,000
Goodwill
—
Patents
20,000
Trade names
15,000
The agreed-upon purchase price is $580,000 in cash. Acquisition costs paid in cash total $20,000.
Required
Using the above information, do value analysis and prepare the entry on the books of Tweeden Corporation to acquire the net assets of Sylvester Corporation on December 31, 2015.
Problem 1-5 (LO 3, 4) Revaluation of assets.
Jack Company is a corporation that was organized on July 1, 2015. The June 30, 2020, balance sheet for Jack is as follows:
Assets
Investments
$ 400,500
Accounts receivable
$1,250,000
Allowance for doubtful accounts
(300,000)
950,000
Inventory
1,500,000
Prepaid insurance
18,000
Land
58,000
Machinery and equipment (net)
1,473,500
Goodwill
100,000
Total assets
$4,500,000
Liabilities and Equity
Current liabilities
$1,475,000
Common stock ($10 par)
1,200,000
Retained earnings
1,825,000
Total liabilities and equity
$.
Ratio Anaylsis Of Nokia .. Adeel Ahmad Wahla
This document is a ratio analysis report submitted by a student for their M.Com program. It analyzes various liquidity, profitability, and leverage ratios for Nokia from 2013-2015. The liquidity ratios like current ratio and quick ratio fluctuate over the years. Gross profit margin, operating profit margin, and net profit margin all decreased in 2015 compared to previous years, indicating lower manufacturing efficiency and profits. Overall, the ratio analysis shows Nokia's financial performance weakened in 2015.
Exercise 1 Identify each of the following as (a) an underl.docx
Exercise 1
Identify each of the following as (a) an underlying concept, (b) an objective of financial statement analysis, (c) a standard for financial statement analysis, (d) a source of information for financial statement analysis, or an executive compensation issue:
Past Ratios of the company
Linking performance to shareholder value
Average ratios of other companies in the same industry
Assessment of the future potential of an investment
Timeliness
Interim financial statements
SEC Form 10-K
Assessment of rick
Comparability
A company’s annual report
Exercise 7
Elm Company had total assets of $640,000 in 2012. $680,000 in 2013, and $760.000 in 2014.
In 2013, Elm had net income of $77,112 on revenues of $1,224,000.
In 2014, it had net income of $98,952 on revenues of $1,596,000.
Compute the profit margin, asset turnover, and return on assets for 2013 and 2014.
Comment on the apparent cause of the increase or decrease in profitability.
(Round to one decimal place).
Exercise 12
Components of Van Corporation’s income statement for the year ended December 31, 2014 follow.
Recast the income statement in multiple step form, including allocating income taxes to appropriate items (assume a 30 percent income tax rate) and showing earnings per share figures (200,000 shares outstanding).
(Round earnings per share figures to the nearest cent.)
Sales
$1,110,000
Cost of goods sold
(550,000)
Operating expenses
(225,000)
Restructuring
(110,000)
Total income taxes expense for period
(179,000)
Income from discontinued operations
160,000
Gain on disposal of discontinued operations
140,000
Extraordinary gain
72,000
Net income
$417,900
Earnings per share
$
2.09
Problem 1
Obras Corporation’s condensed comparative income statements and comparative balance sheets for 2014 and 2013 follow.
Obras Corporation
Comparative Income Statements
For the Years Ended December 31, 2014 and 2013
2014
2013
Net sales
$3,276,800
$3,146,400
Cost of goods sold
2,088,800
2,008,400
Gross margin
$1,188,000
$1,138,000
Operating expenses:
Selling expenses
$476,800
$518,000
Administrative expenses
447,200
423,200
Total operating expenses
$924,000
$941,200
Income from operations
$264,000
$196,800
Interest expense
65,600
39,200
Interest before income taxes
$198,400
$157,600
Income taxes expense
62,400
56,800
Net income
$136,000
$100,800
Earnings per share
$
3.40
$
2.52
Obras Corporation
Comparative Balance Sheets
December 31, 2014 and 2013
2014
2013
Assets
Cash
$81,200
$40,800
Accounts receivable (net)
235,600
229,200
Inventory
574,800
594,800
Property, plants and equipment (net)
750,000
720,000
Total assets
$1,641,600
$1,584,800
Liabilities and Stockholders’ Equity
Accounts payable
$267,000
$477,200
Notes payable (short-term)
200,000
400,000
Bonds payable
400,000
---
Common stock, $10 par value
400,000
400,000
Retained earnings
374,000
307,600
Total liabilities and st.
Exercise 12-1Putnam Corporation had these transactions during 20.docx
The financial statements provide income statement, balance sheet, and cash flow statement information for The Hershey Company for the years 2011, 2010, and 2009. Key details include net sales increasing from $5.3 billion in 2009 to $6.1 billion in 2011, net income increasing from $436 million in 2009 to $629 million in 2011, and total assets increasing from $4.3 billion in 2010 to $4.4 billion in 2011. Cash flow from operating activities was $581 million in 2011.
Running head UNIT 1 ASSIGNMENT SHARK TANK WICKED GOOD CUPCAKES .docx
Running head: UNIT 1 ASSIGNMENT: SHARK TANK: WICKED GOOD CUPCAKES 2
UNIT 1 ASSIGNMENT: SHARK TANK: WICKED GOOD CUPCAKES 2
Introduction
Wicked Good Cupcakes was started by mother and daughter in 2011 in Cohasset, MA. The company sells its products both in – store and online markets. Wicked Good Cupcakes is a successful Shark Tank Venture. This paper is focuses on the analysis of its financial statements from the except given for the financial year 2011 and 2012.
1. During 2011 how much cash did Wicked Good Cupcakes collect from sales?
Net Sales = Cash Sales + Credit Sales
2011 credit sales are shown by accounts receivables for the year 2011 = $8,700
Net Sales for 2011 = $78,200
Hence,
Cash sales = Net Sales – Credit Sales (Accounts Receivable)
= $78,200 - $8,700
= $69,500
Therefore, Wicked Good Cupcakes’ cash sales for the financial year ended 2011 was $69,500
2. During 2011 what was the cost of goods produced by the company?
The cost of goods produced by the business refers to the total amount of goods produced in the financial year and were sold or unsold. Therefore, to obtain the cost of good produced, we use sum the cost of goods sold (COGS) and the cost of ending inventory (Finished Goods Inventory) (Weygandt, Jerry J., 2013), i.e.
Costs of Goods produced = COGS + Ending inventory
= $50,200 + $2,900
= $53,100
3. Assuming that Wicked Good Cupcakes neither sold/salvaged assets during the year, what were the capital expenses during 2011?
The expense in capital is recorded by the depreciation expenses. For Wicked Good Cupcakes, the depreciation expense recorded is for the fixed assets. Also, capital expense represents the amount the business uses to acquire, improve and/or maintain fixed assets. Therefore, for Wicked Good Cupcake, capital expense is the depreciation of fixed assets. We have then that;
Capital Expense = Depreciation Expense + Capital Loss
Capital Expense = $6,100, since there is no capital loss indicated
4. Assuming that there were no financing cash flows during 2011, using the information from above, what was Wicked Good Cupcake’s cash flow from operations in 2011?
Cash flows from operations is determined by evaluating the net income the firm has from the income statement, the non-cash activities and changes from current assets and current liabilities (Choi, W., Han, S., Jung, S. H., & Kang, T., 2015). From the information given, we have;
Net Income
$14,200
Adjustments to reconcile net income:
Depreciation Expense
$6,100
Changes in Operating Assets and Liabilities:
Increase in Accounts Receivable
($3,000)
Decrease in Inventory
$1,000
Increase in Accounts Payable
$500
Cash Flows from Operating Activities
$18,800
Therefore, cash flows from operating activities for Wicked Goods Cupcakes was $18,800 in the financial year 2011.
5. Does your analysis of these selected financial data justify O’Leary’s interest and partnership in Wicked Good Cupcakes? Explain.
Based on the information provide.
01-06-16-OII-Presentation-GoldmanSachs
The document discusses Oceaneering International's (OII) presentation at the Goldman Sachs Global Energy Conference in January 2016. It provides an overview of OII's business segments and their revenue exposure across the offshore oilfield life cycle. It also addresses OII's financial outlook for 2016, cost cutting initiatives, and the long-term prospects for deepwater oil production.
Accounting Project Revised
Purifiedspring Inc. provides financial statements and ratio analyses for the years 2012-2014. The income statement shows increasing revenue but fluctuating profits. The balance sheet indicates growing assets, liabilities, and equity. Ratio analyses show improving working capital and turnover ratios from 2012-2014, with current and quick ratios fluctuating slightly but remaining above 1. The debt-to-equity ratio increased in 2014 with new bond issuance.
13.5 Recording depreciation in the Financial Reports
The document discusses how depreciation is recorded in financial reports. It is recorded as an other expense in the income statement and under non-current assets in the balance sheet. In the balance sheet, non-current assets are shown at historical cost, accumulated depreciation, and carrying value. Accumulated depreciation represents the used portion of the asset, while carrying value represents the remaining unused portion. An example is provided to illustrate calculating depreciation expense using straight-line depreciation over the useful life of an asset.
Lecture 3 (chapter 6) accounting for finance
This chapter discusses key accounting concepts including the income statement, balance sheet, statement of cash flows, and various performance measures. It also covers the calculation of free cash flow and how it is used to determine a firm's intrinsic value. The chapter includes sample financial statements and uses them to illustrate accounting analyses such as evaluating the impact of expansion on assets, liabilities, equity, and cash flows. Key financial metrics like return on invested capital, economic value added, and market value added are also defined and calculated using information from the sample statements. Finally, the chapter reviews features of corporate and individual taxation.
IBM 2016-2018 FinancialsPowered by ClearbitInternational Business .docx
IBM 2016-2018 FinancialsPowered by ClearbitInternational Business Machines Corp (NYS: IBM)Exchange rate used is that of the Year End reported date As Reported Annual Income Statement Report Date12/31/201812/31/201712/31/2016CurrencyUSDUSDUSDAudit StatusNot QualifiedNot QualifiedNot QualifiedConsolidatedYesYesYesScaleThousandsThousandsThousandsServices revenue51,350,00050,709,00051,268,000Sales revenue26,641,00026,715,00026,942,000Financing revenue1,599,0001,715,0001,710,000Total revenue79,591,00079,139,00079,919,000Cost of services34,059,00034,447,00034,021,000Cost of sales7,464,0007,256,0006,559,000Cost of financing1,132,0001,210,0001,044,000Total cost42,655,00042,913,00041,625,000Gross profit36,936,00036,227,00038,294,000Selling, general & administrative expense - other16,438,00016,568,00016,971,000Advertising & promotional expense1,466,0001,445,0001,327,000Workforce rebalancing charges598,000199,0001,038,000Retirement-related costs-959,000742,000Amortization of acquired intangible assets435,000496,000503,000Stock-based compensation361,000384,000401,000Bad debt expense67,00055,00087,000Selling, general & administrative expense19,366,00020,107,00021,069,000Research, development & engineering expense5,379,0005,787,0005,751,000Intellectual property & custom development income1,026,0001,466,0001,631,000Foreign currency transaction gains (losses)427,000(405,000)116,000Gains (losses) on derivative instruments(434,000)341,000(260,000)Interest income264,000144,000108,000Net gains (losses) from securities & investment assets101,00020,000(23,000)Retirement-related income (costs)(1,572,000)--Other income63,000116,000(85,000)Other income & expense1,152(216,000)145,000Interest expense723,000615,000630,000Total expense & other income(25,594,000)24,827,00025,964,000Income from continuing operations before income taxes - U.S. operations627,000560,0003,650,000Income from continuing operations before income taxes - non-U.S. operations10,715,00010,840,0008,680,000Income from continuing operations before income taxes11,342,00011,400,00012,330,000Provision for (benefit from) U.S. federal income taxes - current(342,000)2,388,000186,000Provision for (benefit from) U.S. federal income taxes - deferred1,377,00077,000(746,000)Total provision for (benefit from) U.S. federal income taxes1,035,0002,465,000(560,000)Provision for (benefit from) U.S. state & local income taxes - current127,00055,000244,000Provision for (benefit from) U.S. state & local income taxes - deferred(292,000)28,000(44,000)Total provision for (benefit from) U.S. state & local income taxes(165,000)83,000200,000Provision for (benefit from) nopn-U.S. income taxes - current2,135,0003,891,000988,000Provision for (benefit from) nopn-U.S. income taxes - deferred(386,000)(797,000)(179,000)Total provision for (benefit from) nopn-U.S. income taxes1,749,0003,094,000809,000Provision for (benefit from) income taxes2,619,0005,642,000449,000Income (loss) from continuing operations8,723,0005,758,00011,881,000Inco ...
1. Prepare and analize the common statement for An.pdf
1.
Prepare and analize the common statement for Anandam Manufacturing Company. Show all
calculations.
2.
Prepare and analize the cash flow statement for Anandam Manufacturing Company. Show all
calculations.
3.
Calculate the ratios based on case Exhibit 3. Show all calculations. Based on financial analysis
of financial statements, would a loan officer grant a loan to Anandam financial company?
EXHIBIT 3: INDUSTRY AVERAGE OF KEY RATIos Sector Average Ratio 2:301 Current
ratio Acid test ratio (quick ratio) 120 Receivable tunover ratioimes turnover 52 days Receivable
days Inventory turmover ratio Inventory days Long-term detttototal debt Debt-to-equity ratio
Gross profit rato Net profit ratio Retun on equity Retum on total assets 4.85 times 75 days 24%
35% 40% 18% 22% 10% Total asset turnover ratio Ti Fixed asset turnover ratio Current asset
tunover ratio3 interest coverage ratio (tmes 10 nterest earned Warking captal smover ratio Retu
on ed sset
Solution
1….Common -size Income statement 2012-13 % to Total sales 2013-14 % to Total sales
2014-15 % to Total sales Analysis of % to Total sales proportion Sales Cash 200 10.00%
480 10.00% 800 10.00% Credit 1800 90.00% 4320 90.00% 7200 90.00% Total Sales 2000
100.00% 4800 100.00% 8000 100.00% COGS 1240 62.00% 2832 59.00% 4800 60.00%
COGS has reduced in the last 2 yrs. Gross profit 760 38.00% 1968 41.00% 3200 40.00% so,
G/P has increased Operating Expenses: Gen.adm.& sell.exp. 80 4.00% 450 9.38% 1000
12.50% % to sales has doubled in 2013-14 & increased by more than 25% in 2014-15
Depreciation 100 5.00% 400 8.33% 660 8.25% Has increased by 3% in the last 2 yrs.
Int.exp.(on borrowings) 60 3.00% 158 3.29% 340 4.25% Has slightly increased in 2014-15
Profit before tax(PBT) 520 26.00% 960 20.00% 1200 15.00% PBT% has reduced gradually in
both the yrs.due to increase in all operating expenses esp.gen admn.& sell exp. Tax at 30% 156
7.80% 288 6.00% 360 4.50% Decrease % due to decrease in profit % Profit after tax(PAT) 364
18.20% 672 14.00% 840 10.50% PAT% has reduced gradually in both the yrs.due to increase in
all operating expenses esp.gen admn.& sell exp. Common-size Balance
Sheet Assets % to Total % to Total % to Total Fixed assets(net of dep) 1900 74.22%
2500 44.64% 4700 51.33% Assets have decreased to the total Current assets Cash & Cash
equivalents 40 1.56% 100 1.79% 106 1.16% Slight variation in ratio to total Accounts
Receivables 300 11.72% 1500 26.79% 2100 22.94% Has increased in 2013-14 & again
decreased in 2014-15 Inventories 320 12.50% 1500 26.79% 2250 24.57% Has increased in
2013-14 & again decreased in 2014-15 Total 2560 100.00% 5600 100.00% 9156 100.00%
Equity & Liabilities Equity share capital($ 10) 1200 46.88% 1600 28.57% 2000 21.84%
Decreased steadily in all the 2 yrs. Reserves & surplus 364 14.22% 1036 18.50% 1876 20.49%
Increased steadily in both 2 yrs.due to increase in $ net income in those yrs. Long-term
borrowings 736 28.75% 1236 22.07% 2500 27.30% Decreased in 2013-14 & again increased i.
Aurobindo working capital Analysis for the years 2013-16
Aurobindo Pharma's working capital management was analyzed over 3 years. Key metrics like current ratio, quick ratio, and cash ratio fluctuated between 1.3-1.35, 0.75-0.8, and 0.03-0.08 respectively, indicating adequate short-term financial health. Return on capital employed declined from 0.371 to 0.319, while debt-equity ratio improved from 0.398 to 0.157. Recommendations included raising short-term funds and increasing current assets to maintain liquidity. Overall performance was assessed as unsatisfactory due to insufficient liquidity.
Trend analysis
This document discusses various types of financial statement analysis including trend analysis, comparative statements, common size statements, and ratio analysis.
Trend analysis involves comparing financial data such as sales, expenses, profits, etc. over multiple periods to analyze changes over time. Comparative statements compare line items between two periods to analyze absolute and percentage changes. Common size statements express each financial statement line item as a percentage of a total to facilitate comparison. Ratio analysis calculates financial ratios to evaluate performance, liquidity, profitability, and other measures.
Trend analysis
This document discusses various types of financial statement analysis including trend analysis, comparative statements, common size statements, and ratio analysis. It provides templates for comparative balance sheets and income statements showing calculations of amount and percentage changes between periods. It also includes templates for common size statements showing items as a percentage of total capital employed or net sales. Financial statement analysis is used to measure profitability, growth, financial strength, and solvency by analyzing relationships and trends over time from financial statements.
Assume that X is a discrete random variable that can take on the follo.docx
Assume that X is a discrete random variable that can take on the following integer values: x = 1 , 2 , 3 , 4 , 5 , 6 . The distribution satisfies the property that P ( X = x + 1 ) = 0.95 P ( X = x ) for all x 5 . Find P ( X = 2 ) . 0.1542 0.1605 0.1668 0.1793 0.1730
.
Assume that in an economy- people hold $1000 of currency and $4000 of.docx
Assume that in an economy, people hold $1000 of currency and $4000 of demand deposits in a bank. The reserve-deposit ratio is 0.25 1. What are the money supply, the monetary base and the money multiplier? 2. Suppose that the Fed increase the monetary base by 100$ . What will be the change in the money supply? 3. If the banks become risk-averse and increase the reserve deposit ratio, would the money supply increase as much as in part 2? Explain your intuition?
.
Assume a Poisson distribution with -4-5- Find the following probabilit.docx
Assume a Poisson distribution with = 4.5 . Find the following probabilities. a. X = 1 b. x < 1 c. X > 1 d. X 1 a. P ( X = 1 ) = (Round to four decimal places as needed.)
.
Assume a member is selected at random trom the population represented.docx
The document is asking to find the probability that a randomly selected member from a normally distributed population falls within the shaded region of a graph. To calculate this probability, identify if the shaded region corresponds to values that are 1 standard deviation or more from the mean on the normal distribution curve. Then refer to the normal distribution table to find the corresponding probability.
Assume a list has the following element- write a function to interch.docx
Assume a list has the following element:
write a function to interchange the first two elements in the right partition of a list.
Please help to fix the code!
#include <iostream>
#include <list>
template<typename Elem>
void interchangeFirstTwo(std::list<Elem>& list) {
if (list.size() < 2) return;
typename std::list<Elem>::iterator it = list.begin();
Elem value1 = *it;
++it;
Elem value2 = *it;
list.erase(list.begin(), std::next(list.begin(), 2));
list.insert(list.begin(), value2);
list.insert(list.begin(), value1);
}
int main() {
std::list<int> list = { 2, 23, 15, 5, 9 };
std::cout << "Original list: ";
for (int value : list) {
std::cout << value << " ";
}
std::cout << std::endl;
interchangeFirstTwo(list);
std::cout << "After interchanging first two elements: ";
for (int value : list) {
std::cout << value << " ";
}
std::cout << std::endl;
return 0;
}
.
Assume a company had no jobs in progress at the beginning of July and.docx
Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed only two jobs during July Job Y and Job Z. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The following additional information from the month of July is available for the company as a whole and for Jobs Y and Z : What is the plantwide predetermined overhead rate? Multole Choice 5850 55.50
.
Assignment- Peg Game Create a web page that allows the user to play th.docx
Assignment: Peg Game
Create a web page that allows the user to play the Triangle Peg Game. Here are images of the starting position in several representations of the game:
The board consists of 15 holes, and 14 removable pegs. Peg colors are merely decorative. In the initial position, all 14 pegs are in the board, leaving one empty hole (empty space).
Rules: 1. You must jump a peg over another peg, but only if there is an open space. If there is more than one legal move, you may choose whichever.
2. Each peg you jump over must be removed, leaving a hole.
3. You win if only one peg is left at the end of the game.
Here is an example of the two possible first moves assuming the initial empty position is at the top of the board (at position one). The examples show only the first three rows of the board where the numbers indicate pegs and the holes are "X"'s. Thus there should be two legal moves: a peg from the third row into the top empty space, removing one of the pegs in the second row.
becomes
or
Requirements for your Web Page:
The user will play by clicking on a peg and then clicking on the empty hole to which the peg should move. This move will be legal if and only if the moving peg crosses over exactly one occupied hole and no unoccupied holes.
There should be at least three different peg colors.
If the user attempts an illegal move, display a message indicating this.
When no legal moves remain, display a message. If there is only one peg remaining, "Victory!". If two pegs remain, "So close! Try again!". If three pegs remain, "You are improving! Try again!". If four or more remain, "Better luck next time.".
There should be a button that resets the board to the default starting position (see above), and another button that starts with the position of the initial empty hole determined randomly.
For simplicity, all files, including images, should reside in the same directory/folder. Use only relative (not absolute) names for the files in your HTML.
Please provide HTML and JS code for the above question.
Extra Credit:
Move the pegs via a drag & drop mechanism. Check out the dragNdrop.html and its .js file from the source code we reviewed in class.
Submitting Your Page:
Submit your several files as a zip file to the dropbox. Make sure you include in your zip file all the .html files, as well as any image files (.gif and .jpg, for example) that your page references and any external style sheets or .js files. The main .html file (the one I will access with my browser) should be called pegs.html . Don't forget this!
HTML CODE:
<!DOCTYPE html>
<!-- dragNDrop.html
An example to illustrate the DOM 2 Event model
Allows the user to drag and drop words to complete
a short poem
Does not work with IE browsers before IE9
-->
<html lang = "en">
<head>
<title> Drag and drop </title>
<meta charset = "utf-8" />
<script type = "text/javascript" src = "dragNdrop.js" >
</script>
</head>
<body style = "font-size: 1.7em;">
<p>
Roses are red <br />
Violets are blue.
Assignment 2 Application Case 6-5 Efficient Image Recognition and Cate.docx
An innovative ensemble approach to image categorization was proposed that uses a hybrid of k-nearest neighbors (kNN) and support vector machines (SVM). The approach finds the k closest neighbors to a query sample and trains a local SVM on those neighbors. This preserves distance relationships while avoiding some issues with high variance that kNN faces. Empirical tests on challenging image datasets showed the hybrid method outperformed leading learning-based parametric image classification approaches.
More Related Content
Similar to Instrument Corporation has the following investments which were held t.docx
Ratio Anaylsis Of Nokia .. Adeel Ahmad Wahla
This document is a ratio analysis report submitted by a student for their M.Com program. It analyzes various liquidity, profitability, and leverage ratios for Nokia from 2013-2015. The liquidity ratios like current ratio and quick ratio fluctuate over the years. Gross profit margin, operating profit margin, and net profit margin all decreased in 2015 compared to previous years, indicating lower manufacturing efficiency and profits. Overall, the ratio analysis shows Nokia's financial performance weakened in 2015.
Exercise 1 Identify each of the following as (a) an underl.docx
Exercise 1
Identify each of the following as (a) an underlying concept, (b) an objective of financial statement analysis, (c) a standard for financial statement analysis, (d) a source of information for financial statement analysis, or an executive compensation issue:
Past Ratios of the company
Linking performance to shareholder value
Average ratios of other companies in the same industry
Assessment of the future potential of an investment
Timeliness
Interim financial statements
SEC Form 10-K
Assessment of rick
Comparability
A company’s annual report
Exercise 7
Elm Company had total assets of $640,000 in 2012. $680,000 in 2013, and $760.000 in 2014.
In 2013, Elm had net income of $77,112 on revenues of $1,224,000.
In 2014, it had net income of $98,952 on revenues of $1,596,000.
Compute the profit margin, asset turnover, and return on assets for 2013 and 2014.
Comment on the apparent cause of the increase or decrease in profitability.
(Round to one decimal place).
Exercise 12
Components of Van Corporation’s income statement for the year ended December 31, 2014 follow.
Recast the income statement in multiple step form, including allocating income taxes to appropriate items (assume a 30 percent income tax rate) and showing earnings per share figures (200,000 shares outstanding).
(Round earnings per share figures to the nearest cent.)
Sales
$1,110,000
Cost of goods sold
(550,000)
Operating expenses
(225,000)
Restructuring
(110,000)
Total income taxes expense for period
(179,000)
Income from discontinued operations
160,000
Gain on disposal of discontinued operations
140,000
Extraordinary gain
72,000
Net income
$417,900
Earnings per share
$
2.09
Problem 1
Obras Corporation’s condensed comparative income statements and comparative balance sheets for 2014 and 2013 follow.
Obras Corporation
Comparative Income Statements
For the Years Ended December 31, 2014 and 2013
2014
2013
Net sales
$3,276,800
$3,146,400
Cost of goods sold
2,088,800
2,008,400
Gross margin
$1,188,000
$1,138,000
Operating expenses:
Selling expenses
$476,800
$518,000
Administrative expenses
447,200
423,200
Total operating expenses
$924,000
$941,200
Income from operations
$264,000
$196,800
Interest expense
65,600
39,200
Interest before income taxes
$198,400
$157,600
Income taxes expense
62,400
56,800
Net income
$136,000
$100,800
Earnings per share
$
3.40
$
2.52
Obras Corporation
Comparative Balance Sheets
December 31, 2014 and 2013
2014
2013
Assets
Cash
$81,200
$40,800
Accounts receivable (net)
235,600
229,200
Inventory
574,800
594,800
Property, plants and equipment (net)
750,000
720,000
Total assets
$1,641,600
$1,584,800
Liabilities and Stockholders’ Equity
Accounts payable
$267,000
$477,200
Notes payable (short-term)
200,000
400,000
Bonds payable
400,000
---
Common stock, $10 par value
400,000
400,000
Retained earnings
374,000
307,600
Total liabilities and st.
Exercise 12-1Putnam Corporation had these transactions during 20.docx
The financial statements provide income statement, balance sheet, and cash flow statement information for The Hershey Company for the years 2011, 2010, and 2009. Key details include net sales increasing from $5.3 billion in 2009 to $6.1 billion in 2011, net income increasing from $436 million in 2009 to $629 million in 2011, and total assets increasing from $4.3 billion in 2010 to $4.4 billion in 2011. Cash flow from operating activities was $581 million in 2011.
Running head UNIT 1 ASSIGNMENT SHARK TANK WICKED GOOD CUPCAKES .docx
Running head: UNIT 1 ASSIGNMENT: SHARK TANK: WICKED GOOD CUPCAKES 2
UNIT 1 ASSIGNMENT: SHARK TANK: WICKED GOOD CUPCAKES 2
Introduction
Wicked Good Cupcakes was started by mother and daughter in 2011 in Cohasset, MA. The company sells its products both in – store and online markets. Wicked Good Cupcakes is a successful Shark Tank Venture. This paper is focuses on the analysis of its financial statements from the except given for the financial year 2011 and 2012.
1. During 2011 how much cash did Wicked Good Cupcakes collect from sales?
Net Sales = Cash Sales + Credit Sales
2011 credit sales are shown by accounts receivables for the year 2011 = $8,700
Net Sales for 2011 = $78,200
Hence,
Cash sales = Net Sales – Credit Sales (Accounts Receivable)
= $78,200 - $8,700
= $69,500
Therefore, Wicked Good Cupcakes’ cash sales for the financial year ended 2011 was $69,500
2. During 2011 what was the cost of goods produced by the company?
The cost of goods produced by the business refers to the total amount of goods produced in the financial year and were sold or unsold. Therefore, to obtain the cost of good produced, we use sum the cost of goods sold (COGS) and the cost of ending inventory (Finished Goods Inventory) (Weygandt, Jerry J., 2013), i.e.
Costs of Goods produced = COGS + Ending inventory
= $50,200 + $2,900
= $53,100
3. Assuming that Wicked Good Cupcakes neither sold/salvaged assets during the year, what were the capital expenses during 2011?
The expense in capital is recorded by the depreciation expenses. For Wicked Good Cupcakes, the depreciation expense recorded is for the fixed assets. Also, capital expense represents the amount the business uses to acquire, improve and/or maintain fixed assets. Therefore, for Wicked Good Cupcake, capital expense is the depreciation of fixed assets. We have then that;
Capital Expense = Depreciation Expense + Capital Loss
Capital Expense = $6,100, since there is no capital loss indicated
4. Assuming that there were no financing cash flows during 2011, using the information from above, what was Wicked Good Cupcake’s cash flow from operations in 2011?
Cash flows from operations is determined by evaluating the net income the firm has from the income statement, the non-cash activities and changes from current assets and current liabilities (Choi, W., Han, S., Jung, S. H., & Kang, T., 2015). From the information given, we have;
Net Income
$14,200
Adjustments to reconcile net income:
Depreciation Expense
$6,100
Changes in Operating Assets and Liabilities:
Increase in Accounts Receivable
($3,000)
Decrease in Inventory
$1,000
Increase in Accounts Payable
$500
Cash Flows from Operating Activities
$18,800
Therefore, cash flows from operating activities for Wicked Goods Cupcakes was $18,800 in the financial year 2011.
5. Does your analysis of these selected financial data justify O’Leary’s interest and partnership in Wicked Good Cupcakes? Explain.
Based on the information provide.
01-06-16-OII-Presentation-GoldmanSachs
The document discusses Oceaneering International's (OII) presentation at the Goldman Sachs Global Energy Conference in January 2016. It provides an overview of OII's business segments and their revenue exposure across the offshore oilfield life cycle. It also addresses OII's financial outlook for 2016, cost cutting initiatives, and the long-term prospects for deepwater oil production.
Accounting Project Revised
Purifiedspring Inc. provides financial statements and ratio analyses for the years 2012-2014. The income statement shows increasing revenue but fluctuating profits. The balance sheet indicates growing assets, liabilities, and equity. Ratio analyses show improving working capital and turnover ratios from 2012-2014, with current and quick ratios fluctuating slightly but remaining above 1. The debt-to-equity ratio increased in 2014 with new bond issuance.
13.5 Recording depreciation in the Financial Reports
The document discusses how depreciation is recorded in financial reports. It is recorded as an other expense in the income statement and under non-current assets in the balance sheet. In the balance sheet, non-current assets are shown at historical cost, accumulated depreciation, and carrying value. Accumulated depreciation represents the used portion of the asset, while carrying value represents the remaining unused portion. An example is provided to illustrate calculating depreciation expense using straight-line depreciation over the useful life of an asset.
Lecture 3 (chapter 6) accounting for finance
This chapter discusses key accounting concepts including the income statement, balance sheet, statement of cash flows, and various performance measures. It also covers the calculation of free cash flow and how it is used to determine a firm's intrinsic value. The chapter includes sample financial statements and uses them to illustrate accounting analyses such as evaluating the impact of expansion on assets, liabilities, equity, and cash flows. Key financial metrics like return on invested capital, economic value added, and market value added are also defined and calculated using information from the sample statements. Finally, the chapter reviews features of corporate and individual taxation.
IBM 2016-2018 FinancialsPowered by ClearbitInternational Business .docx
IBM 2016-2018 FinancialsPowered by ClearbitInternational Business Machines Corp (NYS: IBM)Exchange rate used is that of the Year End reported date As Reported Annual Income Statement Report Date12/31/201812/31/201712/31/2016CurrencyUSDUSDUSDAudit StatusNot QualifiedNot QualifiedNot QualifiedConsolidatedYesYesYesScaleThousandsThousandsThousandsServices revenue51,350,00050,709,00051,268,000Sales revenue26,641,00026,715,00026,942,000Financing revenue1,599,0001,715,0001,710,000Total revenue79,591,00079,139,00079,919,000Cost of services34,059,00034,447,00034,021,000Cost of sales7,464,0007,256,0006,559,000Cost of financing1,132,0001,210,0001,044,000Total cost42,655,00042,913,00041,625,000Gross profit36,936,00036,227,00038,294,000Selling, general & administrative expense - other16,438,00016,568,00016,971,000Advertising & promotional expense1,466,0001,445,0001,327,000Workforce rebalancing charges598,000199,0001,038,000Retirement-related costs-959,000742,000Amortization of acquired intangible assets435,000496,000503,000Stock-based compensation361,000384,000401,000Bad debt expense67,00055,00087,000Selling, general & administrative expense19,366,00020,107,00021,069,000Research, development & engineering expense5,379,0005,787,0005,751,000Intellectual property & custom development income1,026,0001,466,0001,631,000Foreign currency transaction gains (losses)427,000(405,000)116,000Gains (losses) on derivative instruments(434,000)341,000(260,000)Interest income264,000144,000108,000Net gains (losses) from securities & investment assets101,00020,000(23,000)Retirement-related income (costs)(1,572,000)--Other income63,000116,000(85,000)Other income & expense1,152(216,000)145,000Interest expense723,000615,000630,000Total expense & other income(25,594,000)24,827,00025,964,000Income from continuing operations before income taxes - U.S. operations627,000560,0003,650,000Income from continuing operations before income taxes - non-U.S. operations10,715,00010,840,0008,680,000Income from continuing operations before income taxes11,342,00011,400,00012,330,000Provision for (benefit from) U.S. federal income taxes - current(342,000)2,388,000186,000Provision for (benefit from) U.S. federal income taxes - deferred1,377,00077,000(746,000)Total provision for (benefit from) U.S. federal income taxes1,035,0002,465,000(560,000)Provision for (benefit from) U.S. state & local income taxes - current127,00055,000244,000Provision for (benefit from) U.S. state & local income taxes - deferred(292,000)28,000(44,000)Total provision for (benefit from) U.S. state & local income taxes(165,000)83,000200,000Provision for (benefit from) nopn-U.S. income taxes - current2,135,0003,891,000988,000Provision for (benefit from) nopn-U.S. income taxes - deferred(386,000)(797,000)(179,000)Total provision for (benefit from) nopn-U.S. income taxes1,749,0003,094,000809,000Provision for (benefit from) income taxes2,619,0005,642,000449,000Income (loss) from continuing operations8,723,0005,758,00011,881,000Inco ...
1. Prepare and analize the common statement for An.pdf
1.
Prepare and analize the common statement for Anandam Manufacturing Company. Show all
calculations.
2.
Prepare and analize the cash flow statement for Anandam Manufacturing Company. Show all
calculations.
3.
Calculate the ratios based on case Exhibit 3. Show all calculations. Based on financial analysis
of financial statements, would a loan officer grant a loan to Anandam financial company?
EXHIBIT 3: INDUSTRY AVERAGE OF KEY RATIos Sector Average Ratio 2:301 Current
ratio Acid test ratio (quick ratio) 120 Receivable tunover ratioimes turnover 52 days Receivable
days Inventory turmover ratio Inventory days Long-term detttototal debt Debt-to-equity ratio
Gross profit rato Net profit ratio Retun on equity Retum on total assets 4.85 times 75 days 24%
35% 40% 18% 22% 10% Total asset turnover ratio Ti Fixed asset turnover ratio Current asset
tunover ratio3 interest coverage ratio (tmes 10 nterest earned Warking captal smover ratio Retu
on ed sset
Solution
1….Common -size Income statement 2012-13 % to Total sales 2013-14 % to Total sales
2014-15 % to Total sales Analysis of % to Total sales proportion Sales Cash 200 10.00%
480 10.00% 800 10.00% Credit 1800 90.00% 4320 90.00% 7200 90.00% Total Sales 2000
100.00% 4800 100.00% 8000 100.00% COGS 1240 62.00% 2832 59.00% 4800 60.00%
COGS has reduced in the last 2 yrs. Gross profit 760 38.00% 1968 41.00% 3200 40.00% so,
G/P has increased Operating Expenses: Gen.adm.& sell.exp. 80 4.00% 450 9.38% 1000
12.50% % to sales has doubled in 2013-14 & increased by more than 25% in 2014-15
Depreciation 100 5.00% 400 8.33% 660 8.25% Has increased by 3% in the last 2 yrs.
Int.exp.(on borrowings) 60 3.00% 158 3.29% 340 4.25% Has slightly increased in 2014-15
Profit before tax(PBT) 520 26.00% 960 20.00% 1200 15.00% PBT% has reduced gradually in
both the yrs.due to increase in all operating expenses esp.gen admn.& sell exp. Tax at 30% 156
7.80% 288 6.00% 360 4.50% Decrease % due to decrease in profit % Profit after tax(PAT) 364
18.20% 672 14.00% 840 10.50% PAT% has reduced gradually in both the yrs.due to increase in
all operating expenses esp.gen admn.& sell exp. Common-size Balance
Sheet Assets % to Total % to Total % to Total Fixed assets(net of dep) 1900 74.22%
2500 44.64% 4700 51.33% Assets have decreased to the total Current assets Cash & Cash
equivalents 40 1.56% 100 1.79% 106 1.16% Slight variation in ratio to total Accounts
Receivables 300 11.72% 1500 26.79% 2100 22.94% Has increased in 2013-14 & again
decreased in 2014-15 Inventories 320 12.50% 1500 26.79% 2250 24.57% Has increased in
2013-14 & again decreased in 2014-15 Total 2560 100.00% 5600 100.00% 9156 100.00%
Equity & Liabilities Equity share capital($ 10) 1200 46.88% 1600 28.57% 2000 21.84%
Decreased steadily in all the 2 yrs. Reserves & surplus 364 14.22% 1036 18.50% 1876 20.49%
Increased steadily in both 2 yrs.due to increase in $ net income in those yrs. Long-term
borrowings 736 28.75% 1236 22.07% 2500 27.30% Decreased in 2013-14 & again increased i.
Aurobindo working capital Analysis for the years 2013-16
Aurobindo Pharma's working capital management was analyzed over 3 years. Key metrics like current ratio, quick ratio, and cash ratio fluctuated between 1.3-1.35, 0.75-0.8, and 0.03-0.08 respectively, indicating adequate short-term financial health. Return on capital employed declined from 0.371 to 0.319, while debt-equity ratio improved from 0.398 to 0.157. Recommendations included raising short-term funds and increasing current assets to maintain liquidity. Overall performance was assessed as unsatisfactory due to insufficient liquidity.
Trend analysis
This document discusses various types of financial statement analysis including trend analysis, comparative statements, common size statements, and ratio analysis.
Trend analysis involves comparing financial data such as sales, expenses, profits, etc. over multiple periods to analyze changes over time. Comparative statements compare line items between two periods to analyze absolute and percentage changes. Common size statements express each financial statement line item as a percentage of a total to facilitate comparison. Ratio analysis calculates financial ratios to evaluate performance, liquidity, profitability, and other measures.
Trend analysis
This document discusses various types of financial statement analysis including trend analysis, comparative statements, common size statements, and ratio analysis. It provides templates for comparative balance sheets and income statements showing calculations of amount and percentage changes between periods. It also includes templates for common size statements showing items as a percentage of total capital employed or net sales. Financial statement analysis is used to measure profitability, growth, financial strength, and solvency by analyzing relationships and trends over time from financial statements.
Similar to Instrument Corporation has the following investments which were held t.docx (14)
Exercise 1 Identify each of the following as (a) an underl.docx
Exercise 1 Identify each of the following as (a) an underl.docx
Exercise 12-1Putnam Corporation had these transactions during 20.docx
Exercise 12-1Putnam Corporation had these transactions during 20.docx
Running head UNIT 1 ASSIGNMENT SHARK TANK WICKED GOOD CUPCAKES .docx
Running head UNIT 1 ASSIGNMENT SHARK TANK WICKED GOOD CUPCAKES .docx
13.5 Recording depreciation in the Financial Reports
13.5 Recording depreciation in the Financial Reports
IBM 2016-2018 FinancialsPowered by ClearbitInternational Business .docx
IBM 2016-2018 FinancialsPowered by ClearbitInternational Business .docx
1. Prepare and analize the common statement for An.pdf
1. Prepare and analize the common statement for An.pdf
Aurobindo working capital Analysis for the years 2013-16
Aurobindo working capital Analysis for the years 2013-16
More from olsenlinnea427
Assume that X is a discrete random variable that can take on the follo.docx
Assume that X is a discrete random variable that can take on the following integer values: x = 1 , 2 , 3 , 4 , 5 , 6 . The distribution satisfies the property that P ( X = x + 1 ) = 0.95 P ( X = x ) for all x 5 . Find P ( X = 2 ) . 0.1542 0.1605 0.1668 0.1793 0.1730
.
Assume that in an economy- people hold $1000 of currency and $4000 of.docx
Assume that in an economy, people hold $1000 of currency and $4000 of demand deposits in a bank. The reserve-deposit ratio is 0.25 1. What are the money supply, the monetary base and the money multiplier? 2. Suppose that the Fed increase the monetary base by 100$ . What will be the change in the money supply? 3. If the banks become risk-averse and increase the reserve deposit ratio, would the money supply increase as much as in part 2? Explain your intuition?
.
Assume a Poisson distribution with -4-5- Find the following probabilit.docx
Assume a Poisson distribution with = 4.5 . Find the following probabilities. a. X = 1 b. x < 1 c. X > 1 d. X 1 a. P ( X = 1 ) = (Round to four decimal places as needed.)
.
Assume a member is selected at random trom the population represented.docx
The document is asking to find the probability that a randomly selected member from a normally distributed population falls within the shaded region of a graph. To calculate this probability, identify if the shaded region corresponds to values that are 1 standard deviation or more from the mean on the normal distribution curve. Then refer to the normal distribution table to find the corresponding probability.
Assume a list has the following element- write a function to interch.docx
Assume a list has the following element:
write a function to interchange the first two elements in the right partition of a list.
Please help to fix the code!
#include <iostream>
#include <list>
template<typename Elem>
void interchangeFirstTwo(std::list<Elem>& list) {
if (list.size() < 2) return;
typename std::list<Elem>::iterator it = list.begin();
Elem value1 = *it;
++it;
Elem value2 = *it;
list.erase(list.begin(), std::next(list.begin(), 2));
list.insert(list.begin(), value2);
list.insert(list.begin(), value1);
}
int main() {
std::list<int> list = { 2, 23, 15, 5, 9 };
std::cout << "Original list: ";
for (int value : list) {
std::cout << value << " ";
}
std::cout << std::endl;
interchangeFirstTwo(list);
std::cout << "After interchanging first two elements: ";
for (int value : list) {
std::cout << value << " ";
}
std::cout << std::endl;
return 0;
}
.
Assume a company had no jobs in progress at the beginning of July and.docx
Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed only two jobs during July Job Y and Job Z. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The following additional information from the month of July is available for the company as a whole and for Jobs Y and Z : What is the plantwide predetermined overhead rate? Multole Choice 5850 55.50
.
Assignment- Peg Game Create a web page that allows the user to play th.docx
Assignment: Peg Game
Create a web page that allows the user to play the Triangle Peg Game. Here are images of the starting position in several representations of the game:
The board consists of 15 holes, and 14 removable pegs. Peg colors are merely decorative. In the initial position, all 14 pegs are in the board, leaving one empty hole (empty space).
Rules: 1. You must jump a peg over another peg, but only if there is an open space. If there is more than one legal move, you may choose whichever.
2. Each peg you jump over must be removed, leaving a hole.
3. You win if only one peg is left at the end of the game.
Here is an example of the two possible first moves assuming the initial empty position is at the top of the board (at position one). The examples show only the first three rows of the board where the numbers indicate pegs and the holes are "X"'s. Thus there should be two legal moves: a peg from the third row into the top empty space, removing one of the pegs in the second row.
becomes
or
Requirements for your Web Page:
The user will play by clicking on a peg and then clicking on the empty hole to which the peg should move. This move will be legal if and only if the moving peg crosses over exactly one occupied hole and no unoccupied holes.
There should be at least three different peg colors.
If the user attempts an illegal move, display a message indicating this.
When no legal moves remain, display a message. If there is only one peg remaining, "Victory!". If two pegs remain, "So close! Try again!". If three pegs remain, "You are improving! Try again!". If four or more remain, "Better luck next time.".
There should be a button that resets the board to the default starting position (see above), and another button that starts with the position of the initial empty hole determined randomly.
For simplicity, all files, including images, should reside in the same directory/folder. Use only relative (not absolute) names for the files in your HTML.
Please provide HTML and JS code for the above question.
Extra Credit:
Move the pegs via a drag & drop mechanism. Check out the dragNdrop.html and its .js file from the source code we reviewed in class.
Submitting Your Page:
Submit your several files as a zip file to the dropbox. Make sure you include in your zip file all the .html files, as well as any image files (.gif and .jpg, for example) that your page references and any external style sheets or .js files. The main .html file (the one I will access with my browser) should be called pegs.html . Don't forget this!
HTML CODE:
<!DOCTYPE html>
<!-- dragNDrop.html
An example to illustrate the DOM 2 Event model
Allows the user to drag and drop words to complete
a short poem
Does not work with IE browsers before IE9
-->
<html lang = "en">
<head>
<title> Drag and drop </title>
<meta charset = "utf-8" />
<script type = "text/javascript" src = "dragNdrop.js" >
</script>
</head>
<body style = "font-size: 1.7em;">
<p>
Roses are red <br />
Violets are blue.
Assignment 2 Application Case 6-5 Efficient Image Recognition and Cate.docx
An innovative ensemble approach to image categorization was proposed that uses a hybrid of k-nearest neighbors (kNN) and support vector machines (SVM). The approach finds the k closest neighbors to a query sample and trains a local SVM on those neighbors. This preserves distance relationships while avoiding some issues with high variance that kNN faces. Empirical tests on challenging image datasets showed the hybrid method outperformed leading learning-based parametric image classification approaches.
As part of measures for containing the Covid-19 pandemic- vaccination.docx
Vaccination has been widely recommended globally to contain the Covid-19 pandemic, but vaccination rates have been low in Ghana since rollout began. Possible reasons for vaccine hesitancy among population groups in Ghana, especially university students, include concerns about safety and effectiveness as well as lack of access to reliable information about the vaccines.
As hematopoietic stem cells (HSC) mature and become differentiated the.docx
As hematopoietic stem cells (HSC) mature and become differentiated they ___. Group of answer choices
retain their ability to have unlimited rounds of DNA replication and cell division.
continue to directly interact with bone marrow stromal cells (niche) and remain dependent on the same growth factors.
stop cell division and take on mature cell specific characteristics.
contribute to multiple hematopoietic cell lineages.
immediately undergo apoptosis.
.
As human populations & ecological footprints approach earth's carrying.docx
As human populations & ecological footprints approach earth's carrying capacity, which of these is NOT likely to continue?
Question 29 options:
land degradation
environmental degradation
water pollution
water supply depletion
an increased standard of living for all due to technology
.
Aries' description of an attitude toward death he called -tame death-.docx
Aries' description of an attitude toward death he called "tame death" differs from what he called "death of the self" by which of the following characteristics? Tame death is one where the focus of attention is almost entirely on what the death means for the dying person. In tame death, death is typically faced more calmly than it is in death of the self. In death of the self, death is seen as a sort of sleep and thus is unthreatening. In death of the self, the concerns and needs of the community take precedence over those of the dying person. An "ars moriendi" developed historically around an attitude of tame death.
.
Apple Inc- received $350-000 as dividends last year from its investmen.docx
Apple Inc. received $350 , 000 as dividends last year from its investment in another publicly held corporation. The total ownership of Apple in that corporation was 1/10. If apple is in 20% tax bracket then Apple's tax liability for the dividends would be: 1) $70 , 000 2) $21 , 000 3) $49 , 000 4) $280 , 000
.
Anthony has been living in Western WA for 3 years- After moving from C.docx
Anthony has been living in Western WA for 3 years. After moving from California and seeing his health decline, including weight gain, fatigue, joint pain, arthritis, and weakness, he decided to go to the doctor to get checked out. The doctor discovered Anthony has a Vitamin D deficiency (which you should have figured out in module #1). Anthony also has deterioration in his joint cavities, specifically on the distal end of his femur and humerus. After an X-ray they also found stress fractures on his tibia
If possible, use some of the words listed below:
Osteoblasts
Osteoclasts
Osteocytes
Osteogenic cells
Monocytes
Hydroxylapatite
Bone matrix
Collagen Fibers
Dense Regular Connective Tissue
Periosteum
Diaphysis
Metaphysis
Epiphysis
Spongy Bone
Compact Bone
Osteons
Canaliculi
Ligament
ACL
LCL
MCL
PCL
Patellar Groove
Medial and Lateral Condyles of the Femur
Tibial Tuberosity
Lateral and Medial Meniscus
Fibula
Tibia
Coracoacromial ligament
Acromioclavicular ligament
Coracoclavicular ligament
Bursa Sac
Glenohumeral ligaments (Articular Capsule)
Acromioclavicular joint (AC Joint)
Glenohumeral Joint
Biceps Brachii Tendon
Clavicle
Humerus
Scapula
.
answer the questions in Blockchain list 5 point for all of the followi.docx
answer the questions in Blockchain list 5 point for all of the following and explain them
I. What the technology does, how it works, and who uses it. II. The research and development history of the technology and its current stage of development. III. How the technology can converge with existing technologies or replace them. IV. The benefits, features, advantages, and disadvantages of the technology. V. Your anticipated unseen social and ethical implications associated with the technology.
.
Answer the following questions- Question 1- You have implemented a sec.docx
Answer the following questions: Question 1: You have implemented a secure web gateway that blocks access to a social networking site. How would you categorize this type of security control? Question 2: A firewall appliance intercepts a packet that violates policy. It automatically updates its Access Control List to block all further packets from the source IP. What TWO functions is the security control performing? Question 3: Your CEO wants to know if the company's threat intelligence platform makes effective use of OSINT. What is OSINT? Question 4: One of the most prevalent threats to computers today is malicious code. As a security professional, you will likely have experience in dealing with unwanted software infecting your systems. By classifying the various types of malware and identifying the signs of infection, you will be better prepared to remediate compromised systems or prevent malware from executing in the first place. Briefly describe all the malware classification types you learned from Lecture 2.
.
Answer the following based on a Blockchain and Biometrics I- What t.docx
Answer the following based on a Blockchain and Biometrics
I. What the technology does, how it works, and who uses it. II. The research and development history of the technology and its current stage of development. III. How the technology can converge with existing technologies or replace them. IV. The benefits, features, advantages, and disadvantages of the technology. V. Your anticipated unseen social and ethical implications associated with the technology.
.
Anglin Company- a manufacturing firred has supplicd the following info.docx
Anglin Company, a manufacturing firred has supplicd the following information from its a coounting records fon the fast calendar year: 1. Prepara a cost of goods manufactured statemient. Feedback: T Check My Work: See Cornerstone 2.2 ftroptrating Fi Check My Vork See Cornerstone: 2,3 Irendbact T Eheck My Werk: Partially corcorct
.
Angela Lopez owns and manages a consulting firm called Metrixi which b.docx
Angela Lopez owns and manages a consulting firm called Metrixi which began operationis on December 1. On December 31, Metrix shows the following selncted aceounts and ariounts for the month of December. Required: 1. Prepare a December income statement for the business. 2. Prepare a December statement of owner's equity. The A. Lopez, Capital account balance at December 1 was $0 , and the owner invested $18 , 400 cash in the company on December 2. 3. Prepare a December 31 balance sheet. Hint: Use the A. Lopez, Capital account balance calculated in part 2. Complete this question by entering your answers in the tabs below. Prepare a December income statement for the business.
.
Andrew finds that on his way to work his wait time for the bus is roug.docx
Andrew finds that on his way to work his wait time for the bus is roughly uniformly distributed between 5 minutes and 8 minutes. One day he times his wait and writes down the number of minutes ignoring the seconds. Round solutions to three decimal places, if necessary. What is the probabitity that Andrew waits for 5 minutes? P ( X = 5 ) = What is the probability that Andrew waits between 5 and 7 minutes? P ( 5 X < 7 ) =
.
More from olsenlinnea427 (20)
Assume that X is a discrete random variable that can take on the follo.docx
Assume that X is a discrete random variable that can take on the follo.docx
Assume that in an economy- people hold $1000 of currency and $4000 of.docx
Assume that in an economy- people hold $1000 of currency and $4000 of.docx
Assume a Poisson distribution with -4-5- Find the following probabilit.docx
Assume a Poisson distribution with -4-5- Find the following probabilit.docx
Assume a member is selected at random trom the population represented.docx
Assume a member is selected at random trom the population represented.docx
Assume a list has the following element- write a function to interch.docx
Assume a list has the following element- write a function to interch.docx
Assume a company had no jobs in progress at the beginning of July and.docx
Assume a company had no jobs in progress at the beginning of July and.docx
Assignment- Peg Game Create a web page that allows the user to play th.docx
Assignment- Peg Game Create a web page that allows the user to play th.docx
Assignment 2 Application Case 6-5 Efficient Image Recognition and Cate.docx
Assignment 2 Application Case 6-5 Efficient Image Recognition and Cate.docx
As part of measures for containing the Covid-19 pandemic- vaccination.docx
As part of measures for containing the Covid-19 pandemic- vaccination.docx
As hematopoietic stem cells (HSC) mature and become differentiated the.docx
As hematopoietic stem cells (HSC) mature and become differentiated the.docx
As human populations & ecological footprints approach earth's carrying.docx
As human populations & ecological footprints approach earth's carrying.docx
Aries' description of an attitude toward death he called -tame death-.docx
Aries' description of an attitude toward death he called -tame death-.docx
Apple Inc- received $350-000 as dividends last year from its investmen.docx
Apple Inc- received $350-000 as dividends last year from its investmen.docx
Anthony has been living in Western WA for 3 years- After moving from C.docx
Anthony has been living in Western WA for 3 years- After moving from C.docx
answer the questions in Blockchain list 5 point for all of the followi.docx
answer the questions in Blockchain list 5 point for all of the followi.docx
Answer the following questions- Question 1- You have implemented a sec.docx
Answer the following questions- Question 1- You have implemented a sec.docx
Answer the following based on a Blockchain and Biometrics I- What t.docx
Answer the following based on a Blockchain and Biometrics I- What t.docx
Anglin Company- a manufacturing firred has supplicd the following info.docx
Anglin Company- a manufacturing firred has supplicd the following info.docx
Angela Lopez owns and manages a consulting firm called Metrixi which b.docx
Angela Lopez owns and manages a consulting firm called Metrixi which b.docx
Andrew finds that on his way to work his wait time for the bus is roug.docx
Andrew finds that on his way to work his wait time for the bus is roug.docx
Recently uploaded
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...Nguyen Thanh Tu Collection
https://app.box.com/s/y977uz6bpd3af4qsebv7r9b7s21935vdDRUGS AND ITS classification slide share
Any substance (other than food) that is used to prevent, diagnose, treat, or relieve symptoms of a
disease or abnormal condition
How to Fix the Import Error in the Odoo 17
An import error occurs when a program fails to import a module or library, disrupting its execution. In languages like Python, this issue arises when the specified module cannot be found or accessed, hindering the program's functionality. Resolving import errors is crucial for maintaining smooth software operation and uninterrupted development processes.
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityAkanksha trivedi rama nursing college kanpur.
Natural birth techniques are various type such as/ water birth , alexender method, hypnosis, bradley method, lamaze method etcPCOS corelations and management through Ayurveda.
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
clinical examination of hip joint (1).pdf
described clinical examination all orthopeadic conditions .
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
Main Java[All of the Base Concepts}.docx
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit - NGV Pavilion Concept Design
How to Manage Your Lost Opportunities in Odoo 17 CRM
Odoo 17 CRM allows us to track why we lose sales opportunities with "Lost Reasons." This helps analyze our sales process and identify areas for improvement. Here's how to configure lost reasons in Odoo 17 CRM
Hindi varnamala | hindi alphabet PPT.pdf
हिंदी वर्णमाला पीपीटी, hindi alphabet PPT presentation, hindi varnamala PPT, Hindi Varnamala pdf, हिंदी स्वर, हिंदी व्यंजन, sikhiye hindi varnmala, dr. mulla adam ali, hindi language and literature, hindi alphabet with drawing, hindi alphabet pdf, hindi varnamala for childrens, hindi language, hindi varnamala practice for kids, https://www.drmullaadamali.com
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar KanvariaRecently uploaded (20)
Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
How to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRM
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
Instrument Corporation has the following investments which were held t.docx
- 1. Instrument Corporation has the following investments which were held throughout 2014–2015: Fair Value Cost                                 12/31/14             12/31/15 Trading                                $600,000                             $800,000             $760,000 Available-for-sale                           600,000                              640,000              720,000 What amount of gain or loss would Instrument Corporation report in its income statement for the year ended December 31, 2015 related to its investments? a.  $40,000 gain. b.  $40,000 loss. c.  $280,000 gain. d.  $160,000 gain. What amount would be reported as accumulated other comprehensive income related to investments in Instrument Corporation’s balance sheet at December 31, 2014? a.  $80,000 gain. b.  $120,000 gain. c.  $40,000 gain. d.  $240,000 gain.
- 2. Solution What amount of gain or loss would Instrument Corporation report in its income statement for the year ended December 31, 2015 related to its investments? Amount of gain or loss reported in income statement (2015) = Fair Value of Trading investment on 12/31/15 - Fair Value of Trading investment on 12/31/14 Amount of gain or loss reported in income statement (2015) = 760000 - 800000 Amount of gain or loss reported in income statement (2015) = - $ 40000 Answer b.  $40,000 loss. What amount would be reported as accumulated other comprehensive income related to investments in Instrument Corporation’s balance sheet at December 31, 2014? Amount reported as accumulated other comprehensive income (2014) = Fair Value of Available- for-sale investment on 12/31/14 - Cost of Available-for-sale  investment in 2014 Amount reported as accumulated other comprehensive income (2014) = 640000-600000 Amount reported as accumulated other comprehensive income (2014) = $ 40000 Gain Answer c.  $40,000 gain.