Statement Analysis (LO3) You are evaluating your companys recent opera.docx
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Statement Analysis (LO3) You are evaluating your company’s recent operating performance and are trying to decide on the relative weights you should put on the income statement, the balance sheet, and the statement of cash flows. Discuss the information each of these statements provides and its role in evaluating operating performance. Solution Answer: The four basic financial statements are: 1. The balance sheet reports a firm’s assets, liabilities, and equity at a particular point in time. Assets = Liabilities + Owners Equity, or A=L+OE 2.Income statement: The income statement (also known as the profit and loss statement or P&L) tells you both the earnings and profitability of a business. The P&L is always for a specific period of time, such as a month, a quarter or a year. The format of the income statement has been determined by a series of accounting pronouncements; some of these are decades old, others released in the past few years. Like the balance sheet, the income statement is broken into several parts: 3. Statement of Cash Flows shows the firm’s cash flows over a given period of time. This statement reports the amounts of cash that the firm generated and distributed during a particular time period. The bottom line on the statement of cash flowsthe difference between cash sources and usesequals the change in cash on the firm’s balance sheet from the previous year’s cash account balance. 4.The statement of retained earnings provides additional details about changes in retained earnings during a reporting period. This financial statement reconciles net income earned during a given period and any cash dividends paid within that period on one side with the change in retained earnings between the beginning and ending of the period on the other side. .
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Overview of Financial Statements(I need help explaining the follow.pdf
Overview of Financial Statements
(I need help explaining the following and/or demonstrating it for my upcoming exam if anyone
could help me comprehend the concepts I would greatly appreciate it!!)
Describe and interpret the balance sheet, income statement, and statement of stockholder’s equity
Describe the relationship between current assets and current liabilities
Describe the difference between interest-bearing and non-interest-bearing liabilities
Explain the components of change on a statement of stockholder’s equity
Solution
Answer 1:
Balance Sheet:
Balance sheet is a financial statement that summarizes a company\'s assets, liabilities and
shareholders\' equity at a specific point in time. It is a Position Statement which give investors an
idea as to what the company owns and owes as well as the amount invested by shareholders. The
balance sheet adheres to the following formula: Assets = Liabilities + Shareholders\' Equity
Interpreting a Balance Sheet
The balance sheet is a snapshot, representing the state of a company\'s finances at a moment in
time. By itself, it cannot give a sense of the trends that are playing out over a longer period. For
this reason, the balance sheet should be compared with those of previous periods. A number of
ratios can be derived from the balance sheet, helping investors get a sense of how healthy a
company is. These include the debt-to-equity ratio and the acid-test ratio, along with many
others.
Income Statement:
An income statement also known as the \"profit and loss statement\" or \"statement of revenue
and expense\" is a financial statement that measures a company\'s financial performance over a
specific accounting period. Financial performance is assessed by giving a summary of how the
business incurs its revenues and expenses through both operating and non-operating activities. It
also shows the net profit or loss incurred over a specific accounting period, typically over a fiscal
quarter or year.
Interpreting Income Statement
The income statement is divided into two parts: the operating and non-operating sections. The
portion of the income statement that deals with operating items is interesting to investors and
analysts alike because this section discloses information about revenues and expenses that are a
direct result of the regular business operations. The non-operating items section discloses
revenue and expense information about activities that are not tied directly to a company\'s
regular operations.
Stateent of Stockholders\' equity
Stockholders\' equity is the money attributable to a business\' owners, often referred to as
shareholders. It is also known as \"net assets,\" since it is equivalent to the total assets of a
company minus its liabilities, that is, the debt it owes to non-shareholders. The statement of
shareholders\' equity details the changes within the equity section of the balance sheet over a
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Topic 1: Define and articulate the four basic financial statements.
Reference: Kimmel, Paul. D., Weygandt, Jerry. J. & Kieso, Donald. E. (2006). Financial Accounting: Tools for Business Decision Making (4th ed.). Hoboken, NJ: John Wiley & Sons. Used with permission from the publisher.
Basic Financial Statements
Assets, liabilities, expenses, and revenues are of interest to users of accounting information. For business purposes, it is customary to arrange this information in the format of four different financial statements, which form the backbone of financial accounting:
· To present a picture at a point in time of what your business owns (its assets) and what it owes (its liabilities), you would present a balance sheet.
· To show how successfully your business performed during a period of time, you would report its revenues and expenses in an income statement.
· To indicate how much of previous income was distributed to you and the other owners of your business in the form of dividends, and how much was retained in the business to allow for future growth, you would present a retained earnings statement.
· To show from what sources your business obtained cash during a period of time and how that cash was used, you would present a statement of cash flows.
To introduce you to these statements, we have prepared the financial statements for a marketing agency, Sierra Corporation.
Income Statement
The purpose of the income statement is to report the success or failure of the company's operations for a period of time. To indicate that its income statement reports the results of operations for a period of time, Sierra dates the income statement “For the Month Ended October 31, 2007.” The income statement lists the company's revenues followed by its expenses. Finally, Sierra determines the net income (or net loss) by deducting expenses from revenues. Sierra Corporation's income statement is shown in Illustration 1.
Illustration 1 Sierra Corporation's income statement
Why are financial statement users interested in net income? Investors are interested in Sierra's past net income because it provides information about future net income. Investors buy and sell stock based on their beliefs about Sierra's future performance. If you believe that Sierra will be even more successful in the future and that this success will translate into a higher stock price, you should buy its stock. Creditors also use the income statement to predict the future. When a bank loans money to a company, it does so with the belief that it will be repaid in the future. If it didn't think it would be repaid, it wouldn't loan the money. Therefore, prior to making the loan the bank loan officer will use the income statement as a source of information to predict whether the company will be profitable enough to repay its loan.
Amounts received from issuing stock are not revenues, and amounts paid out as dividends are not expenses. As a result, they a ...
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Overview of Financial Statements(I need help explaining the follow.pdf
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(I need help explaining the following and/or demonstrating it for my upcoming exam if anyone
could help me comprehend the concepts I would greatly appreciate it!!)
Describe and interpret the balance sheet, income statement, and statement of stockholder’s equity
Describe the relationship between current assets and current liabilities
Describe the difference between interest-bearing and non-interest-bearing liabilities
Explain the components of change on a statement of stockholder’s equity
Solution
Answer 1:
Balance Sheet:
Balance sheet is a financial statement that summarizes a company\'s assets, liabilities and
shareholders\' equity at a specific point in time. It is a Position Statement which give investors an
idea as to what the company owns and owes as well as the amount invested by shareholders. The
balance sheet adheres to the following formula: Assets = Liabilities + Shareholders\' Equity
Interpreting a Balance Sheet
The balance sheet is a snapshot, representing the state of a company\'s finances at a moment in
time. By itself, it cannot give a sense of the trends that are playing out over a longer period. For
this reason, the balance sheet should be compared with those of previous periods. A number of
ratios can be derived from the balance sheet, helping investors get a sense of how healthy a
company is. These include the debt-to-equity ratio and the acid-test ratio, along with many
others.
Income Statement:
An income statement also known as the \"profit and loss statement\" or \"statement of revenue
and expense\" is a financial statement that measures a company\'s financial performance over a
specific accounting period. Financial performance is assessed by giving a summary of how the
business incurs its revenues and expenses through both operating and non-operating activities. It
also shows the net profit or loss incurred over a specific accounting period, typically over a fiscal
quarter or year.
Interpreting Income Statement
The income statement is divided into two parts: the operating and non-operating sections. The
portion of the income statement that deals with operating items is interesting to investors and
analysts alike because this section discloses information about revenues and expenses that are a
direct result of the regular business operations. The non-operating items section discloses
revenue and expense information about activities that are not tied directly to a company\'s
regular operations.
Stateent of Stockholders\' equity
Stockholders\' equity is the money attributable to a business\' owners, often referred to as
shareholders. It is also known as \"net assets,\" since it is equivalent to the total assets of a
company minus its liabilities, that is, the debt it owes to non-shareholders. The statement of
shareholders\' equity details the changes within the equity section of the balance sheet over a
designated period of time. In other words, the statement of stockholder\'s equity is a b.
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Reference: Kimmel, Paul. D., Weygandt, Jerry. J. & Kieso, Donald. E. (2006). Financial Accounting: Tools for Business Decision Making (4th ed.). Hoboken, NJ: John Wiley & Sons. Used with permission from the publisher.
Basic Financial Statements
Assets, liabilities, expenses, and revenues are of interest to users of accounting information. For business purposes, it is customary to arrange this information in the format of four different financial statements, which form the backbone of financial accounting:
· To present a picture at a point in time of what your business owns (its assets) and what it owes (its liabilities), you would present a balance sheet.
· To show how successfully your business performed during a period of time, you would report its revenues and expenses in an income statement.
· To indicate how much of previous income was distributed to you and the other owners of your business in the form of dividends, and how much was retained in the business to allow for future growth, you would present a retained earnings statement.
· To show from what sources your business obtained cash during a period of time and how that cash was used, you would present a statement of cash flows.
To introduce you to these statements, we have prepared the financial statements for a marketing agency, Sierra Corporation.
Income Statement
The purpose of the income statement is to report the success or failure of the company's operations for a period of time. To indicate that its income statement reports the results of operations for a period of time, Sierra dates the income statement “For the Month Ended October 31, 2007.” The income statement lists the company's revenues followed by its expenses. Finally, Sierra determines the net income (or net loss) by deducting expenses from revenues. Sierra Corporation's income statement is shown in Illustration 1.
Illustration 1 Sierra Corporation's income statement
Why are financial statement users interested in net income? Investors are interested in Sierra's past net income because it provides information about future net income. Investors buy and sell stock based on their beliefs about Sierra's future performance. If you believe that Sierra will be even more successful in the future and that this success will translate into a higher stock price, you should buy its stock. Creditors also use the income statement to predict the future. When a bank loans money to a company, it does so with the belief that it will be repaid in the future. If it didn't think it would be repaid, it wouldn't loan the money. Therefore, prior to making the loan the bank loan officer will use the income statement as a source of information to predict whether the company will be profitable enough to repay its loan.
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Language is C++ I'm having trouble making my code meet these requireme.docx
Language is C++
I'm having trouble making my code meet these requirements, could you show me what to change and explain what is going on at each step.
Please use my code as a base and make any modifications needed.
MY CODE:
#include<iostream>
#include<fstream>
#include<string>
using namespace std;
int ** theTable;
int main() {
int numRows = 10;
int numCols = 20;
int** theTable = new int* [numRows];
string fileName;
cout << "Please enter a file name: ";
getline(cin, fileName);
ifstream fin;
fin.open(fileName);
if (!fin) {
cout << "ERROR opening file " << fileName << "!!!" << endl;
exit(EXIT_FAILURE);
}
for (int i = 0; i < numRows; i++) {
theTable[i] = new int[numCols];
}
for (int r = 0; r < numRows; r++)
for (int c = 0; c < numCols; c++)
cout << theTable[r][c];
}
Now write a program that performs the following tasks: - Prompt the user for a file name - Accept that file name - Open the file for input (and exit if the file is not found) - Read the data in the file - Display the data as a table, in nice neat rows and columns Everything you need to know is here and in the previous dem
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L0.7 In 2022, Jack, age 12 , has interest income of $4 , 900 on funds he inherited from his aunt and no earned income. He has no investment expenses. Christian and Danielle (his parents) have taxable income of $82 , 250 and file a joint return. Assume that no parental election is made. Determine Jack's net unearned income, allocable parental tax, and total tax liability.
.
Kyle is a student with an emotional behavioral disorder- He has also b.docx
Kyle is a student with an emotional behavioral disorder. He has also been recently diagnosed with Bipolar I
Disorder. There are times when Kyle experiences psychological occurrences which cause great feelings of
anxiety. These occurrences, when severe, manifest in such a way that Kyle is unable to hear and respond
to auditory requests from others. The physical functioning of his ear and associated auditory processes are
fine, but he is not able to process the auditory input due to his psychological episodes.
Which type of hearing loss does Kyle experience? How do you know?
Kyle is a student with an emotional behavioral disorder. He has also been recently diagnosed with Bipolar I
Disorder. There are times when Kyle experiences psychological occurrences which cause great feelings of
anxiety. These occurrences, when severe, manifest in such a way that Kyle is unable to hear and respond
to auditory requests from others. The physical functioning of his ear and associated auditory processes are
fine, but he is not able to process the auditory input due to his psychological episodes.
Which type of hearing loss does Kyle experience? How do you know?
.
Json File - { -student_id-- 101- -first_name-- -James--.docx
Json File
[
{
"student_id": 101,
"first_name": "James",
"last_name": "Butler",
"address": "6649 N Blue Gum St",
"city": "New Orleans",
"state": "LA",
"zip": 70116,
"donor": false
},
{
"student_id": 102,
"first_name": "Josephine",
"last_name": "Darakjy",
"address": "4 B Blue Ridge Blvd",
"city": "Brighton",
"state": "MI",
"zip": 48116,
"donor": true
},
{
"student_id": 103,
"first_name": "Art",
"last_name": "Venere",
"address": "8 W Cerritos Ave #54",
"city": "Bridgeport",
"state": "NJ",
"zip": 8014,
"donor": true
},
{
"student_id": 104,
"first_name": "Lenna",
"last_name": "Paprocki",
"address": "639 Main St",
"city": "Anchorage",
"state": "AK",
"zip": 99501,
"donor": true
},
{
"student_id": 105,
"first_name": "Donette",
"last_name": "Foller",
"address": "34 Center St",
"city": "Hamilton",
"state": "OH",
"zip": 45011,
"donor": true
},
{
"student_id": 106,
"first_name": "Simona",
"last_name": "Morasca",
"address": "3 Mcauley Dr",
"city": "Ashland",
"state": "OH",
"zip": 44805,
"donor": true
},
{
"student_id": 107,
"first_name": "Mitsue",
"last_name": "Tollner",
"address": "7 Eads St",
"city": "Chicago",
"state": "IL",
"zip": 60632,
"donor": false
},
{
"student_id": 108,
"first_name": "Leota",
"last_name": "Dilliard",
"address": "7 W Jackson Blvd",
"city": "San Jose",
"state": "CA",
"zip": 95111,
"donor": true
},
{
"student_id": 109,
"first_name": "Sage",
"last_name": "Wieser",
"address": "5 Boston Ave #88",
"city": "Sioux Falls",
"state": "SD",
"zip": 57105,
"donor": true
},
{
"student_id": 110,
"first_name": "Kris",
"last_name": "Marrier",
"address": "228 Runamuck Pl #2808",
"city": "Baltimore",
"state": "MD",
"zip": 21224,
"donor": true
},
{
"student_id": 111,
"first_name": "Minna",
"last_name": "Amigon",
"address": "2371 Jerrold Ave",
"city": "Kulpsville",
"state": "PA",
"zip": 19443,
"donor": false
},
{
"student_id": 112,
"first_name": "Abel",
"last_name": "Maclead",
"address": "37275 St Rt 17m M",
"city": "Middle Island",
"state": "NY",
"zip": 11953,
"donor": true
},
{
"student_id": 113,
"first_name": "Kiley",
"last_name": "Caldarera",
"address": "25 E 75th St #69",
"city": "Los Angeles",
"state": "CA",
"zip": 90034,
"donor": true
},
{
"student_id": 114,
"first_name": "Graciela",
"last_name": "Ruta",
"address": "98 Connecticut Ave Nw",
"city": "Chagrin Falls",
"state": "OH",
"zip": 44023,
"donor": true
},
{
"student_id": 115,
"first_name": "Cammy",
"last_name": "Albares",
"address": "56 E Morehead St",
"city": "Laredo",
"state": "TX",
"zip": 78045,
"donor": true
},
{
"student_id": 116,
"first_name": "Mattie",
"last_name": "Poquette",
"address": "73 State Road 434 E",
"city": "Phoenix",
"state": "AZ",
"zip": 85013,
"donor": true
},
{
"student_id": 117,
"first_name": "Meaghan",
"last_name": "Garufi",
"address": "69734 E Carrillo St",
"city": "Mc Minnville",
"state": "TN",
"zip": 37110,
"donor": false
},
{
"student_id": 118,
"first_name": "Gladys",
"last_name": "Rim",
"address": "322 New Horizon Blvd",
"city": "Milwaukee",
"state": "WI",
"zip".
Make a concept map that shows the hierarchical relationship between th.docx
Make a concept map that shows the hierarchical relationship between the components of blood. Be sure to include all formed elements and every major component of the plasma, including major molecules and ions. For each element include a very brief description of its role, the length of its average lifetime, and its normal count or fraction. For each plasma protein component include a brief description of its role, what creates it. For other molecules and ions just their role.
.
Jordan and Alyssa are saving for their daughter Taylor's college educa.docx
Jordan and Alyssa are saving for their daughter Taylor's college education. Taylor just turned 10 (at t = 0), and she will be entering college 8 years from now (at t = 8). College tuition and expenses at State U. are currently $16,500 a year, but they are expected to increase at a rate of 4.0% a year. Taylor should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. Tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11). So far, Jordan and Alyssa have accumulated $14,000 in their college savings account (at t = 0). Their long-run financial plan is to add an additional $6,000 in each of the next 4 years (at t = 1, 2, 3, and 4). Then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. They expect their investment account to earn 7%. How large must the annual payments at t = 5, 6, and 7 be to cover Taylor's anticipated college costs?
a. $9,151.80
b. $9,792.42
c. $8,030.24
d. $7,062.01
e. $8,592.35
.
John receives $3-400 from an investment at the beginning of every half.docx
John receives $3 , 400 from an investment at the beginning of every half-year for 12 years at 4.10% compounded monthly. a. What type of annuity is this? Ordinary simple annuity Ordinary general annuity Simple annuity due General annuity due b. How many payments are there in this annuity? Round up to the next payment
.
Many documents use a specific format for a person's name- Write a prog.docx
Many documents use a specific format for a person's name. Write a program whose input is: firstName middleName lastName and whose output is lastName, firstinitial middlelnitial. Ex: If the input is: Pat Silly Doe the output is: Doe, P.S. If the input has the form: firstName lastName the output is. lastName, firstinitial. Ex: If the input is: Julia Clark the output is: clark, J.
.
Many crimes- like embezzlement- have definite trends- The demographic.docx
Many crimes, like embezzlement, have definite trends. The demographic that has changed most significantly in the past 20 years is:
Age distributions
Gender distributions
Location
Economic status
.
Management The consequences of unresolved conflict often have devastat.docx
Management The consequences of unresolved conflict often have devastating effects on healthcare (individuals in a conflict and the people around them), resulting in poor clinical outcomes, staff retention, quality of care, and violence and oppression. Discuss a cross-cultural conflict situation in healthcare in which a mediator must apply the appropriate skills to resolve a dispute. In this scenario, the conflict mediators must use a non-bias approach to the conflict, aware of cultural differences, to appropriately resolve the conflict. The mediator must facilitate communication and engender trust with the disputants for a successful resolution.
.
Make a star field as in Star Trek (the original series)- like MS's.docx
Make a star field as in Star Trek (the original series), like MS's
screensaver. I want to fly!
#include <allegro.h>
void init();
void deinit();
int main() {
init();
while (!key[KEY_ESC]) {
/* put your code here */
}
deinit();
return 0;
}
END_OF_MAIN()
void init() {
int depth, res;
allegro_init();
depth = desktop_color_depth();
if (depth == 0) depth = 32;
set_color_depth(depth);
res = set_gfx_mode(GFX_AUTODETECT_WINDOWED, 640, 480, 0, 0);
if (res != 0) {
allegro_message(allegro_error);
exit(-1);
}
install_timer();
install_keyboard();
install_mouse();
/* add other initializations here */
}
void deinit() {
clear_keybuf();
/* add other deinitializations here */
}
.
MAKE a CONCEPT MAP illustrating how glycolysis- the Krebs-Citric acid.docx
MAKE a CONCEPT MAP illustrating how glycolysis, the Krebs/Citric acid cycle, and the electron transport chain/system work as a metabolic pathway to generate ATP and make sure to include which processes require oxygen, which can occur without oxygen, where electron carriers are used, and where ATP is made along with the number of ATP made.
.
John plans to add a new operation Peek to the stackADT- This new opera.docx
John plans to add a new operation Peek to the stackADT. This new operation returns the top element of the stack, but, unlike Pop, the stack is unchanged. The new version of stack.h now looks like the follows. / * File: stack.h */ typedef struct stackCDT *stackADT; typedef int stackElementT; stackADT EmptyStack(void); void Push(stackADT, stackElementT); stackElementT Pop(stackADT); stackElementT Peek(stackADT); / This is new. / int StackDepth(stackADT); int StackIsEmpty(stackADT); John has a new idea of using linked lists to implement the stackADT in the file stack.c. The main ideas are illustrated in the Figure 1. Note: - The type stackADT is, as usual, a pointer to struct stackCDT. typedef struct stackCDT *stackADT; - The structure struct stackCDT contains only one variable named topOfStack, which is a pointer to a structure cellT. If the stack is empty, then topOfStack should be NULL. struct stackCDT { cellT *topOfStack; } - The structure cellT contains two variables: one stackElementT variable named value that stores a stack element, and one pointer named next, which points to the cellT that stores the element below it, or NULL if there is no next element. typedef struct cellT \{ stackElementT value; struct cellT *next; } cellT; John has implemented the Peek operation in stack.c, as follows. stackElementT Peek(stackADT stack) \{ if (StackIsEmpty(stack)) exit(EXIT_FAILURE); \} return stack->topOfStack->value; Implement other parts of the file stack.c using the above ideas.
.
John is a part of a team that has been gathered temporarily to develop.docx
John is a part of a team that has been gathered temporarily to develop a new product for the company. His role in the team is to analyze customer needs and their preferences for the product and guide the engineering process within the team to meet these needs. Susan is a leader of a team where the team members are dispersed globally in three continents. The team holds weekly meetings using a teleconference tool developed by the company to communicate their works and progress. Susan also communicates with team members individually through various methods such as email, web chatting, etc. John's team can be viewed as (1)_________________, and Susan's team can be viewed as (2)_________________,
a.(1) virtual team, (2) special purpose team
b.(1) special purpose team, (2) virtual team
c.(1) special purpose team, (2) parallel team
d.(1) maintenance team, (2) virtual team
.
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