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Describe impacts on the 3 financial statements (balance sheet, income statement and cash flow statement) of: g. An asset write-down (impairment) of $100 h. A
Describe impacts on the 3 financial statements (balance sheet, income statement and cash flow statement) of:
g. An asset write-down (impairment) of $100 h. A debt write-down (impairment) of $100 i. An issue of new shares for $500
j. An issue of new shares to employees as stock-based compensation for $500 k. A payment of dividends for $100 l. An expense of $50 of interest on a debt, 50% in cash and 50% in PIK (Paid-In-Kind i.e.
accrued) interest
Remark: consider all above questions as independent of each other.
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