Financial Accounting Fundamentals
Financial Accounting Fundamentals
6th Edition
ISBN: 9781260005042
Author: Wild
Publisher: MCG
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Chapter 13, Problem 3DQ
To determine

Determine the items that are usually assigned 100% value on:

  1. (a) Common-size balance sheet
  2. (b) Common-size income statement

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Calculate the Operating Cash Flow (OCF) from the following data: • Change in net fixed assets: $25,000 • Change in net working capital: $30,000 • Dividends Paid: $35,000 Depreciation Expense: $40,000 • Interest Paid: $22,000 • Net New Borrowing: $18,000 • Net New Equity Issued: $12,000
A machine costing $92,500 with a 9-year life and $88,200 depreciable cost was purchased on January 1. Compute the yearly depreciation expense using straight-line depreciation. Round the answer to the nearest whole dollar.
What are the beginning and ending amounts of equity on these financial accounting question?
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