Question
P4 12 Cash flow concepts ?The following represent financial transactions that Johnsfield & Co. will be undertaking in the next planning period. For each transaction,
P412 Cash flow concepts?The following represent financial transactions that Johnsfield & Co. will be undertaking in the next planning period. For each transaction, check the statement or statements that will be affected immediately.
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| Statement | ||
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| Pro forma income | Pro forma balance |
| Transaction | Cash budget | statement | sheet |
| Cash sale |
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| Credit sale |
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| Accounts receivable are collected |
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| Asset with 5-year life is purchased |
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| Depreciation is taken |
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| Amortization of goodwill is taken |
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| Sale of common stock |
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| Retirement of outstanding bonds |
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| Fire insurance premium is paid for the next 3 years |
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Finance With Monte Carlo
Authors: Ronald W. Shonkwiler
2013th Edition
146148510X, 978-1461485100
