
Investing activities: Investing activities include purchasing and selling of long-term assets, making and collecting loans acquiring and disposing of investments and productive long-lived assets.
(a) To determine: To determine the net cash method and net cash for the year 2012, 2013, and 2014 and the item that is not responsible for decrease in cash of G&P company.
(b) To determine: To determine the important item in the
(c) To determine: To determine the reporting of “
d) To determine: To determine the reporting of

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Chapter 23 Solutions
Study Guide Intermediate Accounting, Volume 1: Chapters 1 - 14
- Calm Ltd has the following data relating tò two investment projects, only one of which mayb e s e l e c t e d :The cost of capital is 10 per cent, and depreciation is calculated using straight line method.a . Calculate for each of the project:i. Average annual accounting rate of return on average capital investedi i . Net Present Valuei l l . I n t e r n a l R a t e o f Returnb. Discuss the relative merits of the methods of evaluation mentioned above in (a).Q.4a . In the context of process costing, discuss the following concepts briefly, i . Equivalent unitsNormal lossill. Abnormal lossi v. Joint productsV . By productsb . Discuss the different types of standard costing and objectives of standard costing.arrow_forwardPlease help me correct the wrong answers:arrow_forwardWhat are total assets at the end of the year?arrow_forward
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