I. Introduction The purpose of this paper is to present and explain the statement of cash flows by incorporating the statements No. 95, 102 and 104 that establish standards for cash flows reporting issued by FASB[i]. FASB Statement No. 95 (FAS 95) “Statement of Cash Flows” supersedes APB Opinion No. 9, Reporting Changes in Financial Position, and requires a statement of cash flows as part […]

Exam 2 Part 2 Answer any EIGHT of the ten questions. Each question is worth 5 points. Return your answers to me by 11:59 PM Sunday 11 November 2012 1. A number of publicly traded firms pay no dividends yet investors are willing to buy shares in these firms. How is this possible? Does this violate our basic principle of stock valuation? Explain. Our basic […]

Cash flow management: The life force of your businesses By LaZandrea Porter Cash flow management is a vital force to the success of any business, large or small. Some have compared cash flow management to the life source of the human body, the blood. Much like blood, cash keeps a business going, and cash flow is the circulatory system of a business. With this in […]

Introduction The manager of Dowlais Iron Company, made a new financial statement called “comparison balance sheet”, in 1863 to explain the reason for the inability to invest was due to the holding of too much inventory, despite the profit made. This was the beginning of the cash flow statement, which was later made compulsory by the Financial Accounting Standard Boards (FASB) under Generally Accepted Accounting […]

How To Manage Cash Flow There are several important areas you need to focus on to properly manage cash flow. Collecting receivables, managing credit lines, increasing sales, properly pricing and tracking discounts to customers, securing loans, and properly controlling and recording your cash flow are examples of these areas. It is very important to manage all of these areas and not let one of them […]

CASH FLOWS AND FINANCIAL STATEMENTS AT SUNSET BOARDS Below are the financial statements that you are asked to prepare. 1. The income statement for each year will look like this: | Income statement| | | 2008| | 2009| | Sales| $247,259| | $301,392| | Cost of goods sold| 126,038| | 159,143| | Selling & administrative| 24,787| | 32,352| | Depreciation| 35,581| | 40,217| | EBIT| […]

Packaging enhances the company’s image and that is why at first glance, the products should be appealing. The message that will be sent will be simple and clear (Pinson, 2001). Packaging will therefore involve the methods that the public relations will use to enhance the good image of the company, the methods of advertising and the campaigns used to create awareness of the products. o […]

Assignment: The importance of the concept of cash-flow for the business finance Definition: Cash flow is the movement of money into or out of a business, an account or an investment. Normally, when the cash inflow is greater than the cash outflow it is a sign of a good financial situation because cash flow is essential for the survival of a business or even to […]