Evaluation Scale7:33875-6Debt (Liabilities) and EquityCurrent debt:10Accounts payableAccrualsShort-term notesTotal current debtLong-term debtTotal debtEquityTOTAL DEBT ANDEQUITY$10,000 $12,000$7,000 $8,000$5,000 $5,000$22,000 $25,000Directions: 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 MaitzCompany?$15,000 $15,000In 500-750 words, submit this assignment in MS Word to yourinstructor 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 $60,0009-10 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 yetdemonstrated.$92,000 $100,000Get HelpComponent of assignment missing completely, or no love ofunderstanding demonstrated.robertson.brightspace.com

Based on the information provided by the financial statements, there are a few things to consider…

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?

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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Question

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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