Question
Compute the CFFA in two different ways Balance sheet: Current Accounts -2009: CA = 4,400; CL = 1,500 -2008: CA = 3,500; CL = 1,200
Compute the CFFA in two different ways
Balance sheet:
Current Accounts
-2009: CA = 4,400; CL = 1,500
-2008: CA = 3,500; CL = 1,200
Fixed Assets and Depreciation
-2009: NFA = 3,400; 2008: NFA = 3,100
-Depreciation Expense = 400
Long-term Debt and Equity (R.E. not given)
-2009: LTD = 4,000; Common stock & APIC = 400
-2008: LTD = 3,950; Common stock & APIC = 400
Income Statement
-EBIT = 2,000; Taxes = 300
-Interest Expense = 350; Dividends = 500
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Financial ACCT2
Authors: Norman H. Godwin, C. Wayne Alderman
2nd edition
9781285632544, 1111530769, 1285632540, 978-1111530761
