1. Given the information provided by the financial statements, what would you tell Abrahams? (As part of your answer, calculate the firm's cash flows.) 2. How would you describe the cash flow pattern for the Maitz Company?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Evaluation Scale
7:33
8
7
5-6
Debt (Liabilities) and Equity
Current debt:
10
Accounts payable
Accruals
Short-term notes
Total current debt
Long-term debt
Total debt
Equity
TOTAL DEBT AND
EQUITY
$10,000 $12,000
$7,000 $8,000
$5,000 $5,000
$22,000 $25,000
Directions: answer the following questions:
1. Given the information provided by the financial statements,
what would you tell Abrahams? (As part of your answer,
calculate the firm's cash flows.)
2. How would you describe the cash flow pattern for the Maitz
Company?
$15,000 $15,000
In 500-750 words, submit this assignment in MS Word to your
instructor via the dropbox. This assignment is worth 30 marks.
You will be graded on the following evaluation rubric:
Evaluation Scale x Criteria = Total Marks
$37,000 $40,000
$55,000 $60,000
9-10 Exemplary level of performance or understanding.
Mastery level of performance or understanding.
Approaching mastery level of performance or understanding.
Adequate level of performance or understanding not yet
demonstrated.
$92,000 $100,000
Get Help
Component of assignment missing completely, or no love of
understanding demonstrated.
robertson.brightspace.com
Transcribed Image Text:Evaluation Scale 7:33 8 7 5-6 Debt (Liabilities) and Equity Current debt: 10 Accounts payable Accruals Short-term notes Total current debt Long-term debt Total debt Equity TOTAL DEBT AND EQUITY $10,000 $12,000 $7,000 $8,000 $5,000 $5,000 $22,000 $25,000 Directions: answer the following questions: 1. Given the information provided by the financial statements, what would you tell Abrahams? (As part of your answer, calculate the firm's cash flows.) 2. How would you describe the cash flow pattern for the Maitz Company? $15,000 $15,000 In 500-750 words, submit this assignment in MS Word to your instructor via the dropbox. This assignment is worth 30 marks. You will be graded on the following evaluation rubric: Evaluation Scale x Criteria = Total Marks $37,000 $40,000 $55,000 $60,000 9-10 Exemplary level of performance or understanding. Mastery level of performance or understanding. Approaching mastery level of performance or understanding. Adequate level of performance or understanding not yet demonstrated. $92,000 $100,000 Get Help Component of assignment missing completely, or no love of understanding demonstrated. robertson.brightspace.com
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