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2. The Chart of Accounts has the following: No' 1 2 3 4 Description Cash &...
Cash and Equivalents are $1,561; Short minus −Term Investments are $1,000; Accounts Receivables are $3,616; Accounts...
Cash and Equivalents are $1,561; Short minus −Term Investments are $1,000; Accounts Receivables are $3,616; Accounts Payable are $5,121; Short minus −Term Debt is $288; Inventories are $1,816; Other Current Liabilities are $1,401; and Other Current Assets are $707. What is the amount of Total Current Liabilities?
The statement of financial position of a business at the start of the week is as...
The statement of financial position of a business at the start of the week is as follows: £ ASSETS Property 145,000 Furniture and fittings 63,000 Inventories 28,000 Trade receivables 33,000 Total assets 269,000 EQUITY AND LIABILITIES Equity 203,000 Short-term borrowing (bank overdraft) 43,000 Trade payables 23,000 Total equity and liabilities 269,000 During the week the following transactions take place: Sold inventories for £11,000 cash; these inventories had cost £8,000. Sold inventories for £23,000 on credit; these inventories had cost £17,000....
Match each term with its definition. Internal transactions 2 Chart of accounts 3 Accounts 4 External...
Match each term with its definition. Internal transactions 2 Chart of accounts 3 Accounts 4 External transactions 5 Accounting cycle Match each of the options above to the items below. A list of all account names used to record transactions of a company 1 Events that affect the financial position of the company but do not include an exchange with a separate economic entity Full set of procedures used to accomplish the measurement/communication process of financial accounting. Match each of...
1. 2. 3. 4. Match each of the following terms with its description. Place the letter...
1. 2. 3. 4. Match each of the following terms with its description. Place the letter for the description in the blank space beside the term. (7 Marks) Horizontal analysis a) Ability to meet current payments as they become due. Quick ratio b) Ratio of cost of goods sold to average Inventory. Vertical analysis c) ration of total liabilities to total assets. Debt ration d) Ratio of the sum of cash plus short- term investments plus net current receivables to...
1. What are accounts payable in days? 2. What are inventories in days? 3. hat are...
1. What are accounts payable in days? 2. What are inventories in days? 3. hat are accounts receivable in days? 4. What is Rutner's Rope's cash-to-cash metric? Rutner Rope - Balance Sheet Current Assets (Thousands) Cash 23.21 Net Receivables 119.5 Inventories 68.61 Other Current Assets 4.61 Total Current Assets 171 Net Fixed Assets 466.8 Other Noncurrent Assets 715.7 Total Assets 1353.5 Liabilities and Shareholders' Equity Current Liabilities Accounts Payable 58.1 Short-Term Debt 4 Other Current Liabilities 103.81 Total Current Liabilities...
The draft statement of financial position of Linfield Limited for the year ended 31 December 2016 are as below:...
The draft statement of financial position of Linfield Limited for the year ended 31 December 2016 are as below: Statement of financial position as at 31 December 2016 (with comparative figures) 2016 2015 Non-current assets Property, plant and equipment 35,750 281,000 Investment properties 7,000 7,500 Intangibles assets 6,000 6,200 49,250 294,200 Current assets Inventories 3,980 4,545 Trade receivables 7,410 9,075 Short-term investments 500 Cash and bank 7,555 13,650 26,105 20,610 14,810 375,355 Total assets Equity and reserves Share capital 54,500...
1) what is the name of the 10k company below ? a)Boeing b)American Airlines c)Whirlpool 2)...
1) what is the name of the 10k company below ?
a)Boeing
b)American Airlines
c)Whirlpool
2) Which item is the idiosyncratic item that provides the clue
to the company's name.
a)Accrued pension plan liability
b)Unbilled receivables
c)Acquired Intangible Assets
Dec. 31, 2018 Dec. 31, 2017 Consolidated Statements Of Financial Position - USD ($) $ in Millions Assets Cash and cash equivalents Short-term and other investments Accounts receivable, net Unbilled receivables, net Current portion of customer financing, net Inventories Other current...
P2-3 Recording Transactions in T-Accounts, Preparing a Statement of Financial Position from a Trial Balance, and...
P2-3 Recording Transactions in T-Accounts, Preparing a Statement of Financial Position from a Trial Balance, and Evaluating the Current Ratio LO2-4, 2-6 Injection Plastics Company has been operating for three years. At December 31, 2020, the accounting records reflected the following: Cash Investments (short-term) Accounts receivable Inventories Notes receivable (long-term) Equipment Factory building $23,500 2,500 3,500 26,500 1,500 50,500 92,500 Intangibles Accounts payable Accrued liabilities Short-term borrowings Notes payable (long-term) Contributed capital Retained earnings $ 3,500 15,500 2,500 7,500 50,500...
Simple Balance Sheet Exercise Make the calculations asked for in the green cells Accounts payable Total...
Simple Balance Sheet Exercise Make the calculations asked for in the green cells Accounts payable Total Current Assets 5,271 Net Plant and equipment Accounts receivable 3,725 include Net Plant & Equipment Accumulated depreciation 1,485 Total Long-term assets Cash Total Assets 1,651 Common stock Total Current Liabilities 2,614 Total Long-term liabilities Inventories 1,926 Long-term debt Total Liabilities 2,550 Total Equity Net Working Capital Other current assets 657 Other current liabilities 1,315 Other Long-term assets 2,274 Other long-term liabilities Plant and equipment...
Qualcomm Balance Sheet 2020 Cash & Short Term Investments 12,260 Cash Only 11,839 Short-Term Investments 421...
Qualcomm Balance Sheet 2020 Cash & Short Term Investments 12,260 Cash Only 11,839 Short-Term Investments 421 Cash & Short Term Investments Growth 1.42% Cash & ST Investments / Total Assets 37.20% Total Accounts Receivable 2,471 Accounts Receivables, Net 2,457 Accounts Receivables, Gross 2,504 Bad Debt/Doubtful Accounts -47 Other Receivables 14 Accounts Receivable Growth -14.91% Accounts Receivable Turnover 9.82 Inventories 1,400 Finished Goods 656 Work in Progress 667 Raw Materials 77 Other Current Assets 634 Miscellaneous Current Assets 634 Total Current...
Match each term with its definition. Internal transactions 2 Chart of accounts 3 Accounts 4 External transactions 5 Accounting cycle Match each of the options above to the items below. A list of all account names used to record transactions of a company 1 Events that affect the financial position of the company but do not include an exchange with a separate economic entity Full set of procedures used to accomplish the measurement/communication process of financial accounting. Match each of...
1. 2. 3. 4. Match each of the following terms with its description. Place the letter for the description in the blank space beside the term. (7 Marks) Horizontal analysis a) Ability to meet current payments as they become due. Quick ratio b) Ratio of cost of goods sold to average Inventory. Vertical analysis c) ration of total liabilities to total assets. Debt ration d) Ratio of the sum of cash plus short- term investments plus net current receivables to...
1. What are accounts payable in days? 2. What are inventories in days? 3. hat are accounts receivable in days? 4. What is Rutner's Rope's cash-to-cash metric? Rutner Rope - Balance Sheet Current Assets (Thousands) Cash 23.21 Net Receivables 119.5 Inventories 68.61 Other Current Assets 4.61 Total Current Assets 171 Net Fixed Assets 466.8 Other Noncurrent Assets 715.7 Total Assets 1353.5 Liabilities and Shareholders' Equity Current Liabilities Accounts Payable 58.1 Short-Term Debt 4 Other Current Liabilities 103.81 Total Current Liabilities...
The draft statement of financial position of Linfield Limited for the year ended 31 December 2016 are as below: Statement of financial position as at 31 December 2016 (with comparative figures) 2016 2015 Non-current assets Property, plant and equipment 35,750 281,000 Investment properties 7,000 7,500 Intangibles assets 6,000 6,200 49,250 294,200 Current assets Inventories 3,980 4,545 Trade receivables 7,410 9,075 Short-term investments 500 Cash and bank 7,555 13,650 26,105 20,610 14,810 375,355 Total assets Equity and reserves Share capital 54,500...
1) what is the name of the 10k company below ?
a)Boeing
b)American Airlines
c)Whirlpool
2) Which item is the idiosyncratic item that provides the clue
to the company's name.
a)Accrued pension plan liability
b)Unbilled receivables
c)Acquired Intangible Assets
Dec. 31, 2018 Dec. 31, 2017 Consolidated Statements Of Financial Position - USD ($) $ in Millions Assets Cash and cash equivalents Short-term and other investments Accounts receivable, net Unbilled receivables, net Current portion of customer financing, net Inventories Other current...
P2-3 Recording Transactions in T-Accounts, Preparing a Statement of Financial Position from a Trial Balance, and Evaluating the Current Ratio LO2-4, 2-6 Injection Plastics Company has been operating for three years. At December 31, 2020, the accounting records reflected the following: Cash Investments (short-term) Accounts receivable Inventories Notes receivable (long-term) Equipment Factory building $23,500 2,500 3,500 26,500 1,500 50,500 92,500 Intangibles Accounts payable Accrued liabilities Short-term borrowings Notes payable (long-term) Contributed capital Retained earnings $ 3,500 15,500 2,500 7,500 50,500...
Simple Balance Sheet Exercise Make the calculations asked for in the green cells Accounts payable Total Current Assets 5,271 Net Plant and equipment Accounts receivable 3,725 include Net Plant & Equipment Accumulated depreciation 1,485 Total Long-term assets Cash Total Assets 1,651 Common stock Total Current Liabilities 2,614 Total Long-term liabilities Inventories 1,926 Long-term debt Total Liabilities 2,550 Total Equity Net Working Capital Other current assets 657 Other current liabilities 1,315 Other Long-term assets 2,274 Other long-term liabilities Plant and equipment...
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