calculate in which year Office Depot has the greatest financial liquidity using the data provid
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How can I calculate in which year Office Depot has the greatest financial liquidity using the data provided
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- What adjustment(s) should be made to reconcile net income to net cash flows from operating activities (indirect method) considering the following balances in current assets?Give an example and explanation for each of the following differences between when revenues are recognized and cash flows are received: recognition simultaneous with receipt; recognition prior to receipt; and recognition after receipt.Which of the following fi nancial statements is generallyprepared fi rst?a. Income statement.b. Balance sheet.c. Statement of retained earnings.d. Statement of cash fl ows.
- Cash flow may be represented as being determined from: -receivables -operating income -revenue and cost -cost -revenue KINDLY EXPLAINDefine each of the following terms:a. Working capital; net working capital; net operating working capitalb. Relaxed investment policy; restricted investment policy; moderate investment policyc. Permanent current assets; temporary current assetsd. Current assets financing policy; maturity matching (self-liquidating) approache. Cash conversion cycle (CCC); inventory conversion period; average collection period;payables deferral periodf. Cash budget; target cash balanceg. Lockbox; account receivableh. Credit policy; credit period; discounts; credit standards; collection policy; credit terms;credit scorei. Trade credit; free trade credit; costly trade creditj. Promissory note; line of credit; revolving credit agreementk. Prime rate; regular, or simple interest; add-on interestl. Commercial paper; accruals; spontaneous fundsm. Secured loanWhich of the following shows how paying cash to purchase suppites will affect a company's financial statements? Multiple Choice Assets Assets Balance Sheet Llab, + NA Assets Balance Sheet Liab. + Equity NA Balance Sheet Assets - Llab -10 NA Equity NA Balance Sheet Llab. NA Equity NA Equity Rev NA Rev. NA Rev NA Rev. NA Income Statement Exp NA Net Inc. NA Income Statement - Exp. Net Inc. Income Statement Exp NA -Net Inc. NA Income Statement Exp NA Net Inc. NA Statement of Cash Flows - OA Statement of Cash Flows NA Statement of Cash Flows NA Statement of Cash Flows
- What is meant by liquidity? Rank the following assets from one to five in order of liquidity. Inventory Account receivable Short term investment Goodwill BuildingThe advance cash receipts of future revenues are called ________. A. accrued expenses B. accrued revenues C. deferred revenues D. deferred expensesUsefulness of income statement and cash flow statement for the invsetors
- Which function of the financial system allows funds to flow from the surplus spending units to the deficit spending units. *a. provides liquidityb. promotes savingsc. means for storing wealthd. protection from risks23. n a single period common sized statement, the base amount is net sales in the Statement of Comprehensive Income total assets in the Statement of Financial Positior net cash sales in the Statement of Comprehensiv Income total liabilities and equity in the Statement of Financial Position net profit in the Statement of Comprehensive IncomeMatch (by letter) the following items with the description or example that best fits. Each letter is used only once.Terms1. Operating activities.2. Investing activities.3. Financing activities.4. Noncash activities.5. Indirect method.6. Direct method.7. Depreciation expense.8. Cash return on assets.Descriptionsa. Begins with net income and then lists adjustments to net income in order to arrive at operating cash flows.b. Item included in net income, but excluded from net operating cash flows.c. Net cash flows from operating activities divided by average total assets.d. Cash transactions involving lenders and investors.e. Cash transactions involving net income.f. Cash transactions for the purchase and sale of long-term assets.g. Purchase of long-term assets by issuing stock to seller.h. Shows the cash inflows and outflows from operations such as cash received from customers and cash paid for inventory, salaries, rent, interest, and taxes.