Problem 4.04B – Dreamworks Bedding Supplies
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition
Given cash transactions and noncash transactions… prepare a statement of cash flows.
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Given cash transactions and noncash transactions… prepare a statement of cash flows.
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Given a list of transactions… record transactions, identify transactions involving cash, post to Cash T-account and compute the ending cash balance, prepare a statement of cash flows and verify the net cash flows equal to the change in the cash balance for the month.
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Given a list of transactions… record each of the transactions, determine whether each is a cash inflow or outflow, prepare a cash T-account, and prepare a statement of cash flows.
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Calculate ratios: inventory turn, avg days inventory, rec turnover, avg collection, asset turn, profit margin sales, return on assets, return on equity, equity multiplier.
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How many cases of cherry-flavored cola were produced and transferred to the Finished Goods Inventory during the month of July in the Mixing and Bottling Departments? They ask how many cases were completed to finished goods.
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