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AC 302 WEEK 9 Discussion GAAP requires the statement of cash flows be presented when financial statements are prepared. Answer the following questions in the Discussion Board: Explain the purposes of the statement of cash flows. List and describe the three categories of activities that must be reported in the statement of cash flows. Identify and describe the two methods that are allowed for reporting cash flows from operations. Descri

Other / Other allied-american-university / AC 302 03 Sep 2015

AC 302 WEEK 10 Discussion Nancy Tercek, the financial vice president, and Margaret Lilly, the controller, of Romine Manufacturing Company are reviewing the financial ratios of the company for the years 2012 and 2013. The financial vice president notes that the profit margin on sales ratio has increased from 6% to 12%, a hefty gain for the two- year period. Tercek is in the process of issuing a media release that emphasizes the efficiency of Romi

Other / Other allied-american-university / AC 302 03 Sep 2015

CH 13 QUIZ 48 Under terminal wealth analysis, the greater the period to maturity A. The greater the shift in interest rates B. The greater the effect of a decrease in interest rates C. The greater the effect of any shift in interest rates D. None of the above

Other / Other allied-american-university / Other 02 Sep 2015

CH 13 QUIZ 49 Zero-coupon bonds are said to "lock in" a particular reinvestment rate A. Since the original price reflects the rate B. Only if they are held to maturity C. Although the price over the life of the bond may reflect wide swings in the market rate of return D. More than one of the above

Other / Other strayer university / Other 02 Sep 2015

CH 13 QUIZ 50 Duration represents the weighted average life of a bond where the weights are based on the: A. Future value of the individual cash flows relative to the present value of the total cash flows B. Present value of the individual cash flows relative to the future value of the individual cash flows C. Present value of the individual cash flows relative to the present value of the total individual cash flows D. Future value of th

Other / Other strayer university / Other 02 Sep 2015

AC 302 Week 7 EXAM Quiz 1 Question The initial direct costs of leasing Question 2 Question Major reasons why a company may become involved in leasing to other companies is (are) Question 3. Question : On December 31, 2015, Burton, Inc. leased machinery with a fair value of $1,260,000 from Cey Rentals Co. The agreement is a six-year noncancelable lease requiring annual payments of $240,000 beginning December 31, 2015. The lease is approp

Other / Other strayer university / AC 302 02 Sep 2015

CH 13 QUIZ 51 Duration is influenced by everything except: A. Maturity B. Market rate of interest C. Coupon rate on the bond D. The issuer of the bond

Other / Other strayer university / Other 02 Sep 2015

AC 302 Week 7 Discussion Capital leases and operating leases are the two classifications of leases described in FASB pronouncements from the standpoint of the lessee. Do not discuss the criteria for distinguishing between capital leases and operating leases. Answer the following questions in the Discussion Board: Describe how a capital lease would be accounted for by the lessee both at the inception of the lease and during the first ye

Other / Other allied-american-university / AC 302 02 Sep 2015

CH 13 QUIZ 52 Duration is A. Positively correlated with interest rates and coupon rates but moves in the opposite direction of maturity B. Negatively correlated with maturity but moves in the same direction as market rates of interest and coupon rates C. Positively correlated with maturity but moves in the opposite direction of market rates of interest and coupon rates D. None of the above

Other / Other allied-american-university / Other 02 Sep 2015

CH 13 QUIZ 53 For all bonds of equal risk, the bond that had the greatest duration and therefore the greatest price sensitivity is: A. Treasury bonds B. Zero-coupon bonds C. Corporate bonds D. Long-term government bonds

Other / Other allied-american-university / Other 02 Sep 2015