Transactions (2)
Posted on February 28, 2009 - Filed Under Finance | Leave a Comment
1.Investment by owners. Suppose five radiologists decide to open a diagnostic center that they incorporate as an investor-owned business called Bayshore Radiology Center. They each invest $200,000 cash in the
business in exchange for $200,000 of common stock. The transaction results in an equal increase in both assets and equity. In this case, there s an […]
Death by PowerPoint
Posted on February 27, 2009 - Filed Under Finance | Leave a Comment
Death by PowerPoint
View more presentations from Alexei Kapterev. (tags: tips powerpoint)
Transactions
Posted on February 27, 2009 - Filed Under Finance | Leave a Comment
As we discussed in the last chapter, the recording of transactions by accountants
is the first step in the creation of a business’s financial statements. Under standing how transactions ultimately affect the financial statements will help
managers better understand and interpret their content.
Net Increase (Decrease) in Cash and Reconciliation
Posted on February 26, 2009 - Filed Under Finance | Leave a Comment
The next line of the statement of cash flows is the net increase (decrease) in cash. It is merely the sum of the totals from the three major sections. For Sunnyvale, there is a net increase in cash of $9,411,000 ?
Read More..>>Cash Flows from Financing Activities
Posted on February 25, 2009 - Filed Under Finance | Leave a Comment
The final major section is cash flows from financing activities, which focuses on securities investments and financing. The changes in balance sheet accounts from 2003 to 2004 indicate that the clinic invested $5,000,000 in marketable securities (which requires a use of cash), increased its notes payable by $500,000 (which is a source of cash), invested […]
Read More..>>Cash Flows from Operating Activities (2)
Posted on February 24, 2009 - Filed Under Finance | Leave a Comment
To illustrate the adjustments to operating cash flow, Sunnyvale’s net patient accounts receivable increased from $25,927,000 to $28,509,000, or by $2,582,000, during 2004. Because this amount was included in 2004 revenues and hence reported in net income, but it was added to receivables instead of collected, it is not available as cash flow to Sunnyvale. […]
Read More..>>Cash Flows from Operating Activities
Posted on February 23, 2009 - Filed Under Finance | Leave a Comment
The first section, cash flows from operating activities, focuses on the sources and uses of cash tied directly to operations. Of course, the most important source is net income, so its value for 2004, $7,860,000, is listed first. However, net income does not equal cash flow, so various adjustments must be made.
The first adjustment is […]
Debt Consolidation and Money Management Information
Posted on February 23, 2009 - Filed Under Finance | Leave a Comment
Financial freedom always becomes a dream for everybody in the Earth. Some people can make financial freedom as a reality and they live in it while some people have to struggle to have this dream. Well, some of people even cannot dream about financial freedom, because they have many debts. They have to find a […]
Read More..>>Free Debt Help from Debthelp.net
Posted on February 23, 2009 - Filed Under Finance | Leave a Comment
There are many reasons why people have to made debts. Well, sometimes we need money more than we can make. There are some urgent needs that have to be paid immediately and the bills don’t care if we don’t have more money. Well, for many people in United States, make debts become a bad habit […]
Read More..>>The Statement of Cash Flows (2)
Posted on February 22, 2009 - Filed Under Finance | Leave a Comment
Sunnyvale’s 2004 and 2003 statements are presented in Table 4.3 in the indirect format. To simplify the discussion, the data in the statements have been reduced; they are somewhat shorter and asie ocomprehend than most “real world” statements. Nevertheless, an understanding of the composition
and presentation of Table 4.3 will give readers an excellent appreciation of […]
