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AP11.01 – Great Adventures

Financial Accounting by Spiceland, Thomas, and Herrman

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Prepare the statement of cash flows using the indirect method.

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Are supply chain decisions NOT strategic?

MyOMLab Operations Management 13e by Heizer, Render & Munson

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Asks if supply chain decisions are NOT strategic and why.

BE 11.02 – Canseco Plumbing Fixtures

Intermediate Accounting 10e by Spiceland, Nelson, and Thomas

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Given the purchase price of equipment, the estimated service life, the residual value, machine working hours, the hours operated per year… calculate the depreciation expense using straight-line, double-declining, and units-of-production hours.

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BE 11.03 – Canseco Plumbing Fixtures

Intermediate Accounting 10e by Spiceland, Nelson, and Thomas

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Calculate depreciation expenses for 2021 and 2022.

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BE 11.05 – Lawler Clothing

Intermediate Accounting 10e by Spiceland, Nelson, and Thomas

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Given the price of the equipment, the price at which it sold, and the depreciation… find the gain on the sale of equipment.

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BE 11.06 – Funseth Farms, Inc.

Intermediate Accounting 10e by Spiceland, Nelson, and Thomas

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Given the price of the item, the amount it sold for as well as the accumulated depreciation… prepare the journal entry.

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BE 11.07 – Cottonwood Industries

Intermediate Accounting 10e by Spiceland, Nelson, and Thomas

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Given the patent price, equipment price, book value for the patent, the book value for the equipment, accumulated depreciation, and the cost… prepare a journal entry.

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BE 11.08 – Jines Construction

Intermediate Accounting 10e by Spiceland, Nelson, and Thomas

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Given the book value for the building, the fair value, and the book value for the fair value of the equipment… find the balance sheet at the end of the year.

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BE 11.09 – Mondale Winery

Intermediate Accounting 10e by Spiceland, Nelson, and Thomas

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Given equipment purchased, residual value, depreciation value, and cost/sale price… find annual depreciation and the amount of gain or loss for the sale.

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BE 11.10 – Fitzgerald Oil & Gas

Intermediate Accounting 10e by Spiceland, Nelson, and Thomas

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Given the incurred cost, gas expected, and extracted gas… find the depletion for Year 1 and for Year 2.

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