Available-for-sale securities : These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk. To find : The missing amounts (a) to (i)

Question

Anti-Pandemic Pharma Co. Ltd. reports the following information in its income statement: Sales = $5,250,000. Costs = $2, 173,000. Other expenses = $187,400. Depreciation expense = $79,000. Interest expense= $53,555. Taxes = $76,000. Dividends = $69,000. $136,700 worth of new shares were also issued during the year and long-term debt worth $65,300 was redeemed. a) Compute the cash flow from assets b) Compute the net change in working capital

Answer 1

Question

Chapter 13, Problem 4APR

a)

To determine

Available-for-sale securities:

These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk.

To find: The missing amounts (a) to (i)

(b)

To determine

To Compute: valuation allowance for available-for-sale investment, for 2017.

(c)

To determine

To Compute: available-for-sale investment, (fair value), for 2017:

(d)

To determine

To Compute: interest receivable for 2017.

(e)

To determine

To Compute: Investment in Company J Stock, for 2017.

(f)

To determine

To Compute: total assets value for 2017.

(g)

To determine

To Compute: retained earnings for 2017.

(h)

To determine

To Compute: unrealized gain (loss) on available-for-sale investment, for 2017.

(i)

To determine

To Compute: total liabilities and stockholders’ equity value for 2017.

Expert Solution & Answer

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Students have asked these similar questions

Anti-Pandemic Pharma Co. Ltd. reports the following information in its income statement: Sales = $5,250,000. Costs = $2, 173,000. Other expenses = $187,400. Depreciation expense = $79,000. Interest expense= $53,555. Taxes = $76,000. Dividends = $69,000. $136,700 worth of new shares were also issued during the year and long-term debt worth $65,300 was redeemed. a) Compute the cash flow from assets b) Compute the net change in working capital

Provide Correct Answer of this Question General Accounting Solution

Don't use ai solution please given true answer general accounting question

Answer 2

Question

Chapter 13, Problem 4APR

a)

To determine

Available-for-sale securities:

These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk.

To find: The missing amounts (a) to (i)

(b)

To determine

To Compute: valuation allowance for available-for-sale investment, for 2017.

(c)

To determine

To Compute: available-for-sale investment, (fair value), for 2017:

(d)

To determine

To Compute: interest receivable for 2017.

(e)

To determine

To Compute: Investment in Company J Stock, for 2017.

(f)

To determine

To Compute: total assets value for 2017.

(g)

To determine

To Compute: retained earnings for 2017.

(h)

To determine

To Compute: unrealized gain (loss) on available-for-sale investment, for 2017.

(i)

To determine

To Compute: total liabilities and stockholders’ equity value for 2017.

Expert Solution & Answer

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Answer 3

Question

Chapter 13, Problem 4APR

a)

To determine

Available-for-sale securities:

These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk.

To find: The missing amounts (a) to (i)

(b)

To determine

To Compute: valuation allowance for available-for-sale investment, for 2017.

(c)

To determine

To Compute: available-for-sale investment, (fair value), for 2017:

(d)

To determine

To Compute: interest receivable for 2017.

(e)

To determine

To Compute: Investment in Company J Stock, for 2017.

(f)

To determine

To Compute: total assets value for 2017.

(g)

To determine

To Compute: retained earnings for 2017.

(h)

To determine

To Compute: unrealized gain (loss) on available-for-sale investment, for 2017.

(i)

To determine

To Compute: total liabilities and stockholders’ equity value for 2017.

Expert Solution & Answer

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Answer 4

Question

Chapter 13, Problem 4APR

a)

To determine

Available-for-sale securities:

These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk.

To find: The missing amounts (a) to (i)

(b)

To determine

To Compute: valuation allowance for available-for-sale investment, for 2017.

(c)

To determine

To Compute: available-for-sale investment, (fair value), for 2017:

(d)

To determine

To Compute: interest receivable for 2017.

(e)

To determine

To Compute: Investment in Company J Stock, for 2017.

(f)

To determine

To Compute: total assets value for 2017.

(g)

To determine

To Compute: retained earnings for 2017.

(h)

To determine

To Compute: unrealized gain (loss) on available-for-sale investment, for 2017.

(i)

To determine

To Compute: total liabilities and stockholders’ equity value for 2017.

Expert Solution & Answer

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Answer 5

Chapter 13, Problem 4APR

a)

To determine

Available-for-sale securities:

These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk.

To find: The missing amounts (a) to (i)

(b)

To determine

To Compute: valuation allowance for available-for-sale investment, for 2017.

(c)

To determine

To Compute: available-for-sale investment, (fair value), for 2017:

(d)

To determine

To Compute: interest receivable for 2017.

(e)

To determine

To Compute: Investment in Company J Stock, for 2017.

(f)

To determine

To Compute: total assets value for 2017.

(g)

To determine

To Compute: retained earnings for 2017.

(h)

To determine

To Compute: unrealized gain (loss) on available-for-sale investment, for 2017.

(i)

To determine

To Compute: total liabilities and stockholders’ equity value for 2017.

Answer 6

Chapter 13, Problem 4APR

a)

To determine

Available-for-sale securities:

These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk.

To find: The missing amounts (a) to (i)

Answer 7

Chapter 13, Problem 4APR

a)

To determine

Available-for-sale securities:

These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk.

To find: The missing amounts (a) to (i)

Answer 8

(b)

To determine

To Compute: valuation allowance for available-for-sale investment, for 2017.

Answer 9

(b)

To determine

To Compute: valuation allowance for available-for-sale investment, for 2017.

Answer 10

(c)

To determine

To Compute: available-for-sale investment, (fair value), for 2017:

Answer 11

(c)

To determine

To Compute: available-for-sale investment, (fair value), for 2017:

Answer 12

(d)

To determine

To Compute: interest receivable for 2017.

Answer 13

(d)

To determine

To Compute: interest receivable for 2017.

Answer 14

(e)

To determine

To Compute: Investment in Company J Stock, for 2017.

Answer 15

(e)

To determine

To Compute: Investment in Company J Stock, for 2017.

Answer 16

(f)

To determine

To Compute: total assets value for 2017.

Answer 17

(f)

To determine

To Compute: total assets value for 2017.

Answer 18

(g)

To determine

To Compute: retained earnings for 2017.

Answer 19

(g)

To determine

To Compute: retained earnings for 2017.

Answer 20

(h)

To determine

To Compute: unrealized gain (loss) on available-for-sale investment, for 2017.

Answer 21

(h)

To determine

To Compute: unrealized gain (loss) on available-for-sale investment, for 2017.

Answer 22

(i)

To determine

To Compute: total liabilities and stockholders’ equity value for 2017.

Answer 23

(i)

To determine

To Compute: total liabilities and stockholders’ equity value for 2017.

Answer 24

Expert Solution & Answer

Answer 25

Expert Solution & Answer

Answer 26

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Answer 27

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Answer 28

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Answer 29

Trending nowThis is a popular solution!

Answer 30

Trending nowThis is a popular solution!

Answer 31

Trending nowThis is a popular solution!

Answer 32

Trending now

Answer 33

This is a popular solution!

Answer 34

See solution

Check out sample textbook solution

Answer 35

Ch. 13 - Prob. 1DQ Ch. 13 - What causes a gain or loss on the sale of a bond...Ch. 13 - Prob. 3DQ Ch. 13 - Prob. 4DQ Ch. 13 - Prob. 5DQ Ch. 13 - Prob. 6DQ Ch. 13 - Prob. 7DQ Ch. 13 - Prob. 8DQ Ch. 13 - What are the factors contributing to the trend...Ch. 13 - Prob. 10DQ

Available-for-sale securities : These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk. To find : The missing amounts (a) to (i)

Solution Summary: The author explains that available-for-sale securities are short-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or managing interest risk.

Available-for-sale securities:

These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk.

To find: The missing amounts (a) to (i)

To Compute: valuation allowance for available-for-sale investment, for 2017.

To Compute: available-for-sale investment, (fair value), for 2017:

To Compute: interest receivable for 2017.

To Compute: Investment in Company J Stock, for 2017.

To Compute: total assets value for 2017.

To Compute: retained earnings for 2017.

To Compute: unrealized gain (loss) on available-for-sale investment, for 2017.

To Compute: total liabilities and stockholders’ equity value for 2017.

Chapter 13 Solutions

Available-for-sale securities : These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk. To find : The missing amounts (a) to (i)

Solution Summary: The author explains that available-for-sale securities are short-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or managing interest risk.

Available-for-sale securities: These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk. To find: The missing amounts (a) to (i)

To Compute: valuation allowance for available-for-sale investment, for 2017.

To Compute: available-for-sale investment, (fair value), for 2017:

To Compute: interest receivable for 2017.

To Compute: Investment in Company J Stock, for 2017.

To Compute: total assets value for 2017.

To Compute: retained earnings for 2017.

To Compute: unrealized gain (loss) on available-for-sale investment, for 2017.

To Compute: total liabilities and stockholders’ equity value for 2017.

Chapter 13 Solutions

Available-for-sale securities:

These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk.

To find: The missing amounts (a) to (i)