Question
Investing Activities for Zoom Video Communications Complete the following table of long-term assets: Long-term Assets Dollar Amount on Most Recent Balance Sheet Dollar Amount on
- Investing Activities for Zoom Video Communications
- Complete the following table of long-term assets:
Long-term Assets | Dollar Amount on Most Recent Balance Sheet | Dollar Amount on Prior Balance Sheet | Net Change in Dollars |
Long-term investments |
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Machinery and equipment |
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Buildings and leasehold |
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Land |
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Less accumulated depreciation |
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Construction in progress |
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Deferred income taxes |
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Long-term receivable |
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Goodwill |
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Other intangible assets |
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Total long-term assets |
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- Inspect the investing section of the statement of cash flows and report the following:
Most Next most
Recent Year Recent Year
1. Cash spent to acquire long-term assets __________ __________
2. Cash received from sale of long-term assets __________ __________
- Which depreciation method(s) does your company for financial reporting purposes?
- Does your company own securities at the most recent balance sheet date that qualify in the following categories?
______ Held-to-maturity securities ______ Trading securities
______ Available-for-sale securities
- Which of these accounting methods were used by your company to value investments in securities?
______ Amortized cost method (or cost method) ______ Market value method
______ Equity method ______ Consolidation method
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