Balance Sheet & Statement of Cash Flows
|
|
- Rosamund Ellis
- 7 years ago
- Views:
Transcription
1 Blnce Sheet & Stement of Csh Flows Chpter 5 Lerning Objectives 1. Identify the uses limit of blnce sheet. 2. Identify the mjor clssific the blnce sheet. 3. Prepre clssified blnce sheet using the ccount form. (Not using the report form from the text) 4. Identify blnce sheet informi requiring supplementl dclosure. 5. Identify mjor blnce sheet dclosure techniques.ft 6. Explin the purpose of the stement of csh flows.. Identify the ctent of the stement of csh flows. 8. Not prepring stement of csh flows s per text. 9. Underst the usefulness of the stement of csh flows. 5-1 UCSB, Anders 5-2 UCSB, Anders Blnce Sheet Bsics Wh blnce sheet? Tells where the the entity sts finncilly; AS AS OF ; Better wy wy to to think of of it it s s Stement of of Finncil Positi Trnscti bsed. Something hs hs to to ctully HAPPEN first first Htoricl cost cost bs Importnt Fct: Inherently relies up estimes. Exmple: Vlui of of receivbles inventories; Goodwill vlui; Completeness of of reported impirments; Comprive blnce sheet nlys substntil tool in in understing whether the Compny improving or or deterioring. 5-3 UCSB, Anders No Stement Sts it s s Own ALL OF THE STATEMENTS AND NOTES ARE INTERDEPENDANT The blnce sheet needs n income stement stement of csh c flows note dclosure to tell complete picture Think of the self blncing spect. If you debit /r credit sles, then you need to see the blnce sheet AND the income stement to hve the t complete picture. For instnce if Compny generes $1,000,000 of net income, their totl verge equity for the yer ws $1.5, would you be impressed?... Wh bout if their verge equity ws $100 billi? Wh if Compny hd opering income the income stement but b showed negive csh flows from opering ctivities the stement of csh flows might you wnt to know why? 5-4 UCSB, Anders
2 Some importnt blnce sheet tools terms Liquidity- How fst cn n sset turn into csh? Solvency- How ble the Compny to py it s debts? Combined (Liquidity Solvency) represents the Compny s finncil flexibility If If compny dependnt up lenders for working cpitl, they typiclly must comply with restrictive covennts 5-5 UCSB, Anders Blnce Sheet Limit Htoricl Cost Bsed. Newhll L Frming Compny purchsed l l in in le le 1800 s. On On their their 2002 nnul report, their Net Net Assets, htoricl cost cost were $136,000,000 VS VS cservive pprl vlue of of $389,000,000. They were ler ler purchsed by by Lennr for for $1 $1 billi! Trnscti-bsed: something hs to to hppen first Omits mny items th th hve vlue (but (but re re not not bsed pst pst trnscti- remember the the stements re re trnsctibsed) Exmple:» Humn Humn resource» Technologicl dcies Requires estimi/ Judgment. INSTRUCTOR NOTE: RP RP 5-6 UCSB, Anders WHAT S S A FINANCIAL INSTRUMENT DEFINITION: Csh, n ownership interest, or ctrctul right to receive or obligi to deliver csh or nother finncil instrument. SUCH AS: Most current ssets libilities Debt. NOT: Fixed ssets, intngible ssets. 5- UCSB, Anders FAIR VALUE OF FINANCIAL INSTRUMENTS FASB No. 15: Provides guidnce HOW to to mesure fir vlue Uses mrket prticipnt pproch» Results in in more more comprble (potentilly less less ccure) d d NOT NOT When to to pply... Only pplicble if if other literure requires mesurement fir fir vlue. FASB No. 159: Mkes presenti of of finncil instruments fir vlue optil- very unusul very ctrdictory to to the noti of of comprbility NOTE: If If presented cost the blnce sheet, then fir vlue dclosed in in the notes. Therefore the fir vlue of of ll ll finncil instruments presented somewhere within the finncil stements! 5-8 UCSB, Anders
3 INTERESTING ABOUT FAIR VALUES How lg hve fir vlue mesurements been in f/s s? How mny people will come to the sme fir vlue est.? How mny people will come to the sme cost bs? Wh impct does FAS 15 hve items previously ccounted for cost? These points dd up to the need for FAS 15 It Blends dditil informi of fir vlue with cstency of cost bs. If you remember e point, remember th: FAS 15 looks to use d which going to result in two compnies coming to s close to the exct sme vlui of fir vlue for similr items s possible. Fs 15 levels of inputs Which D re they using? LEVEL 1- Quoted Mrket Price for the item stop LEVEL 2- Quoted Mrket Price for the type of item stop LEVEL 3- Unobservble/ Compny Genered 5-9 UCSB, Anders UCSB, Anders BALANCE SHEET SUMMARY Assets Probble future ecomic benefits obtined or ctrolled by prticulr entity s result of pst trnsct or events. Current ssets Ncurrent ssets Intngibles Other ssets = Libilities + Equity Probble future scrifices of ecomic benefits ring from present oblig of prticulr entity to trnsfer ssets or provide services to other entities in the future s result of pst trnsct or events. Current libilies Ncurrent libilites Residul interest in the ssets of n entity th remins fter deducting its libilities. In business enterpre, the equity the ownership interest. Cpitl stock APIC Retined ernings AOCI Tresurey Stock CLASSIFICATION- CURRENT VS NONCURRENT Current- expected to cvert in in e yer or opering cycle (whichever lger). Otherwe it it n-current Some compny s d t need clssified blnce sheet, which mens th the blnce sheet does not dtinguh current from lgterm Rel este Compny- becuse the mjority of of wh would be be their opering ssets re ncurrent in in nure. D t forget to check debt for the current porti UCSB, Anders UCSB, Anders
4 Ctr Account presenti Certin ssets hve reduct clled ctr-sset ccounts: Accounts receivble/ llownce Fixed ssets/ deprecii Intngible ssets/ ccum. mortizi. Cn present s -item or s prt of the descripti. Exmples next slide. Ctr-Asset Presenti Exmples Accounts receivble $10,000 Allownce for doubtful ccounts $ (2,500) Accounts receivble, net $,500 OR Accounts receivble, net of of $2,500 llownce for doubtful ccounts $, UCSB, Anders UCSB, Anders 5-15 In-Clss Exerce Bsed Bsed the the following informi, prepre the the blnce sheet sheet for for XYZ, XYZ, Inc. Inc. :: 10,000 10,000 shres shres outsting, $1 $1 pr pr which which were were sold sold to to investors for for $110,000; Debt Debt in in the the mount of of $1,000,000 outsting. Principl mures $250,000 per per yer yer until until repid; repid; Csh Csh of of $125,000; Accounts receivble $250,000, excluding the the llownce for for doubtful ccounts $25,000; Prepid insurnce of of $15,000 PP&E PP&E $2,000,000. Accumuled deprecii $200,000. Cpitlized comms pid pid to to lesing lesing gents gents $115,000. Accumuled mortizi $15,000. Accounts pyble $58,000 Retined ernings $5,000 Accumuled other other comprehensive income income $500, UCSB, Anders 5-16 ASSETS Csh 125,000 Accounts receivble, net of $25,000 llownce 225,000 Prepid expenses 15,000 Totl current ssets 525,000 PP&E 2,000,000 Accumuled deprecii (200,000) Net PP&E 1,800,000 Intngible sset, net of mortizi of $15, ,000 TOTAL ASSETS 2,425,000 LIABILITIES & STOCKHOLDERS EQUITY Accounts pyble 58,000 current murities of LTD 250,000 Totl current libilities 308,000 Lg-term debt, less current murities 50,000 EQUITY Comm stock (10,000 SHARES $1 PAR) 10,000 APIC 100,000 Retined Ernings 5,000 Accumuled Other Comp Income 500,000 1,36,000 TOTAL LIABILITIES & EQUITY 2,425, UCSB, Anders
5 Additil blnce sheet informi Dclosure my be prentheticl or in in notes. Prentheticl dclosure exmple: Held Held for for sle sle investments investments ($100,000 ($100,000 cost), cost), $128,000 $128,000 estimed estimed fir fir vlue vlue Note dclosure exmple:,, (Note (Note ) ) Note Note re re crried crried cost, cost, less less deprecii. deprecii. Plnt Plnt deprecied deprecied stright stright bs bs yers. yers. All All other other deprecible deprecible deprecied deprecied stright stright bs bs yers. yers.,,,, deprecii deprecii December December 31, 31, 200X 200X ws: ws: L L $800,000 $800,000 Building Building $300,000 $300,000 Equipment Equipment $50,000 $50,000 $1,850,000 $1,850,000 Less Less deprecii deprecii $(100,000) $(100,000) &,, net net Investments/ Securities Lg-term investments my be crried : FAS 115- if if do not hve significnt influence (generlly <20% ownership) Equity- if if hve significnt influence (generlly 20-50% ownership) Csolided if if Ctrolled - sepre equity item for n-ctrolling interest (generlly >50% ownership) UCSB, Anders UCSB, Anders Stement of Csh Flows As As sted in in previous lectures, the stement of of csh flows fills in in the gp creed by by pplying ccrul ccounting. It It tells the users where the csh went to to cme from. It It lso breks those sources uses into three brod cegories: Csh flows from oper» Net Net income income chnges in in current current ssets ssets & libilities Csh flows from investing» Csh Csh flows flows from from purchse sle sle of of lg lg term term ssets ssets» Presented Gross - i.e i.e purchse sle sle sepre Csh flows from finncing» Csh Csh flows flows from from lg-term debt debt equity equity ctivity ctivity» Presented Gross i.e i.e borrowing repyment sepre Ced in in greer detil in in chpter UCSB, Anders
2001 Attachment Sequence No. 118
Form Deprtment of the Tresury Internl Revenue Service Importnt: Return of U.S. Persons With Respect to Certin Foreign Prtnerships Attch to your tx return. See seprte instructions. Informtion furnished
More informationPre-Approval Application
Pre-Approvl Appliction In tody s rel estte mrket, Pre-Approved mortgge provides you the buyer with powerful tool in the home purchse process! Once you hve received your Pre-Approvl, you cn shop for your
More informationHumana Critical Illness/Cancer
Humn Criticl Illness/Cncer Criticl illness/cncer voluntry coverges py benefits however you wnt With our criticl illness nd cncer plns, you'll receive benefit fter serious illness or condition such s hert
More informationGuide to Reading Your Morgan Stanley Smith Barney Statement
Guide to Reding Your Morgn Stnley Smith Brney Sttement Your Morgn Stnley Smith Brney ( MSSB ) ccount sttement is vluble nd, powerful resource tht provides you with the informtion you need to prtner with
More informationHealth insurance marketplace What to expect in 2014
Helth insurnce mrketplce Wht to expect in 2014 33096VAEENBVA 06/13 The bsics of the mrketplce As prt of the Affordble Cre Act (ACA or helth cre reform lw), strting in 2014 ALL Americns must hve minimum
More informationGENERAL APPLICATION FOR FARM CLASSIFICATION
SCHEDULE 1 (section 1) Plese return to: DEADLINE: Plese return this form to your locl BC Assessment office y Octoer 31. Assessment Roll Numer(s) GENERAL APPLICATION FOR FARM CLASSIFICATION Section 23 (1)
More informationLump-Sum Distributions at Job Change, p. 2
Jnury 2009 Vol. 30, No. 1 Lump-Sum Distributions t Job Chnge, p. 2 E X E C U T I V E S U M M A R Y Lump-Sum Distributions t Job Chnge GROWING NUMBER OF WORKERS FACED WITH ASSET DECISIONS AT JOB CHANGE:
More informationHealth insurance exchanges What to expect in 2014
Helth insurnce exchnges Wht to expect in 2014 33096CAEENABC 02/13 The bsics of exchnges As prt of the Affordble Cre Act (ACA or helth cre reform lw), strting in 2014 ALL Americns must hve minimum mount
More informationPEARLS MONITORING SYSTEM
WORLD COUNCIL OF CREDIT UNIONS TOOLKIT SERIES Number 4 PEARLS MONITORING SYSTEM by: Dvid C. Richrdson World Council of Credit Unions October 2002 2001 The World Council of Credit Unions The World Council
More informationc. Values in statements are broken down by fiscal years; many projects are
Lecture 18: Finncil Mngement (Continued)/Csh Flow CEE 498 Construction Project Mngement L Schedules A. Schedule.of Contrcts Completed See Attchment # 1 ll. 1. Revenues Erned 2. Cost of Revenues 3. Gross
More informationLecture 3 Gaussian Probability Distribution
Lecture 3 Gussin Probbility Distribution Introduction l Gussin probbility distribution is perhps the most used distribution in ll of science. u lso clled bell shped curve or norml distribution l Unlike
More informationActive & Retiree Plan: Trustees of the Milwaukee Roofers Health Fund Coverage Period: 06/01/2015-05/31/2016 Summary of Benefits and Coverage:
Summry of Benefits nd Coverge: Wht this Pln Covers & Wht it Costs Coverge for: Single & Fmily Pln Type: NPOS This is only summry. If you wnt more detil bout your coverge nd costs, you cn get the complete
More informationHealth insurance exchanges What to expect in 2014
Helth insurnce exchnges Wht to expect in 2014 33096CAEENABC 11/12 The bsics of exchnges As prt of the Affordble Cre Act (ACA or helth cre reform lw), strting in 2014 ALL Americns must hve minimum mount
More informationAlgebra Review. How well do you remember your algebra?
Algebr Review How well do you remember your lgebr? 1 The Order of Opertions Wht do we men when we write + 4? If we multiply we get 6 nd dding 4 gives 10. But, if we dd + 4 = 7 first, then multiply by then
More informationQUESTIONNAIRE. 1. Your Name: 2. Age-group: Below 25 years 26-35 years. 3. Gender : Male Female. 4. Education : H.S.C or Below H.S.C.
QUESTIONNAIRE A. PERSONAL DETAILS: 1. Your Nme: 2. Age-group: Below 25 yers 26-35 yers 36-45 yers Over 45 yers 3. Gender : Mle Femle 4. Eduction : H.S.C or Below H.S.C. Grdution Post-Grdution Any other
More informationPROPERTY AND CASUALTY INSURANCE. Effects of the Nonadmitted and Reinsurance Reform Act of 2010
United Sttes Government Accountbility Office Report to Congressionl Committees Jnury 2014 PROPERTY AND CASUALTY INSURANCE Effects of the Nondmitted nd Reinsurnce Reform Act of 2010 GAO-14-136 Jnury 2014
More informationSmall Business Cloud Services
Smll Business Cloud Services Summry. We re thick in the midst of historic se-chnge in computing. Like the emergence of personl computers, grphicl user interfces, nd mobile devices, the cloud is lredy profoundly
More informationMathematics. Vectors. hsn.uk.net. Higher. Contents. Vectors 128 HSN23100
hsn.uk.net Higher Mthemtics UNIT 3 OUTCOME 1 Vectors Contents Vectors 18 1 Vectors nd Sclrs 18 Components 18 3 Mgnitude 130 4 Equl Vectors 131 5 Addition nd Subtrction of Vectors 13 6 Multipliction by
More informationOperations with Polynomials
38 Chpter P Prerequisites P.4 Opertions with Polynomils Wht you should lern: Write polynomils in stndrd form nd identify the leding coefficients nd degrees of polynomils Add nd subtrct polynomils Multiply
More informationAnthem Blue Cross Life and Health Insurance Company University of Southern California Custom Premier PPO 800/20%/20%
Anthem Blue Cross Life nd Helth Insurnce Compny University of Southern Cliforni Custom Premier 800/20%/20% Summry of Benefits nd Coverge: Wht this Pln Covers & Wht it Costs Coverge Period: 01/01/2015-12/31/2015
More informationMake the change today. Just have look at our loan calculator on page and see how much you could
fmily first Credit fmily first Credit Uni Limited Uni Limited......... fmilies fmilies Keeping you in in in uch with Fmily First Credit Uni - December 2010 Keeping you in uch with Fmily First Credit Uni
More informationSmall Businesses Decisions to Offer Health Insurance to Employees
Smll Businesses Decisions to Offer Helth Insurnce to Employees Ctherine McLughlin nd Adm Swinurn, June 2014 Employer-sponsored helth insurnce (ESI) is the dominnt source of coverge for nonelderly dults
More informationBasic Analysis of Autarky and Free Trade Models
Bsic Anlysis of Autrky nd Free Trde Models AUTARKY Autrky condition in prticulr commodity mrket refers to sitution in which country does not engge in ny trde in tht commodity with other countries. Consequently
More informationGraphs on Logarithmic and Semilogarithmic Paper
0CH_PHClter_TMSETE_ 3//00 :3 PM Pge Grphs on Logrithmic nd Semilogrithmic Pper OBJECTIVES When ou hve completed this chpter, ou should be ble to: Mke grphs on logrithmic nd semilogrithmic pper. Grph empiricl
More informationSmall Business Networking
Why network is n essentil productivity tool for ny smll business Effective technology is essentil for smll businesses looking to increse the productivity of their people nd business. Introducing technology
More informationReasoning to Solve Equations and Inequalities
Lesson4 Resoning to Solve Equtions nd Inequlities In erlier work in this unit, you modeled situtions with severl vriles nd equtions. For exmple, suppose you were given usiness plns for concert showing
More informationStatement of Cash Flows
THE CONTENT AND VALUE OF THE STATEMENT OF CASH FLOWS The cash flow statement reconciles beginning and ending cash by presenting the cash receipts and cash disbursements of an enterprise for an accounting
More informationSmall Business Networking
Why network is n essentil productivity tool for ny smll business Effective technology is essentil for smll businesses looking to increse the productivity of their people nd processes. Introducing technology
More information2. Transaction Cost Economics
3 2. Trnsction Cost Economics Trnsctions Trnsctions Cn Cn Be Be Internl Internl or or Externl Externl n n Orgniztion Orgniztion Trnsctions Trnsctions occur occur whenever whenever good good or or service
More informationBalanced Scorecard. Linking Strategy to Actions. KPMG Swiss Practice Benchmarking Congress, Bürgenstock May 28 th, 1997, Roger Jaquet
Blnced Scorecrd Linking Strtegy to Actions KPMG Swiss Prctice Benchmrking Congress, Bürgenstock My 28 th, 1997, Roger Jquet Contents ❶ Objectives 1 ❶ Wht s the historicl bckground of the BSC? 2-4 ❶ BSC
More informationPolynomial Functions. Polynomial functions in one variable can be written in expanded form as ( )
Polynomil Functions Polynomil functions in one vrible cn be written in expnded form s n n 1 n 2 2 f x = x + x + x + + x + x+ n n 1 n 2 2 1 0 Exmples of polynomils in expnded form re nd 3 8 7 4 = 5 4 +
More informationS a l e s Ta x, U s e Ta x, I n c o m e Ta x W i t h h o l d i n g a n d M i c h i g a n B u s i n e s s Ta x E s t i m a t e s
78 (Rev. 8-08) S l e s T x, U s e T x, I n c o m e T x W i t h h o l d i n g n d M i c h i g n B u s i n e s s T x E s t i m t e s Forms nd Instructions Cll (517) 636-4730 or visit Tresury s Web site t
More informationSmall Business Networking
Why network is n essentil productivity tool for ny smll business Effective technology is essentil for smll businesses looking to increse the productivity of their people nd business. Introducing technology
More informationMath 135 Circles and Completing the Square Examples
Mth 135 Circles nd Completing the Squre Exmples A perfect squre is number such tht = b 2 for some rel number b. Some exmples of perfect squres re 4 = 2 2, 16 = 4 2, 169 = 13 2. We wish to hve method for
More informationHow To Network A Smll Business
Why network is n essentil productivity tool for ny smll business Effective technology is essentil for smll businesses looking to increse the productivity of their people nd processes. Introducing technology
More informationHow To Set Up A Network For Your Business
Why Network is n Essentil Productivity Tool for Any Smll Business TechAdvisory.org SME Reports sponsored by Effective technology is essentil for smll businesses looking to increse their productivity. Computer
More informationIntegration by Substitution
Integrtion by Substitution Dr. Philippe B. Lvl Kennesw Stte University August, 8 Abstrct This hndout contins mteril on very importnt integrtion method clled integrtion by substitution. Substitution is
More informationPay over time with low monthly payments. Types of Promotional Options that may be available: *, ** See Page 10 for details
With CreCredit... Strt cre immeditely Py over time with low monthly pyments For yourself nd your fmily Types of Promotionl Options tht my be vilble: Not ll enrolled helthcre prctices offer ll specil finncing
More informationEnterprise Risk Management Software Buyer s Guide
Enterprise Risk Mngement Softwre Buyer s Guide 1. Wht is Enterprise Risk Mngement? 2. Gols of n ERM Progrm 3. Why Implement ERM 4. Steps to Implementing Successful ERM Progrm 5. Key Performnce Indictors
More informationEcon 4721 Money and Banking Problem Set 2 Answer Key
Econ 472 Money nd Bnking Problem Set 2 Answer Key Problem (35 points) Consider n overlpping genertions model in which consumers live for two periods. The number of people born in ech genertion grows in
More informationSmall Business Networking
Why network is n essentil productivity tool for ny smll business Effective technology is essentil for smll businesses looking to increse the productivity of their people nd processes. Introducing technology
More informationExperiment 6: Friction
Experiment 6: Friction In previous lbs we studied Newton s lws in n idel setting, tht is, one where friction nd ir resistnce were ignored. However, from our everydy experience with motion, we know tht
More informationUse Geometry Expressions to create a more complex locus of points. Find evidence for equivalence using Geometry Expressions.
Lerning Objectives Loci nd Conics Lesson 3: The Ellipse Level: Preclculus Time required: 120 minutes In this lesson, students will generlize their knowledge of the circle to the ellipse. The prmetric nd
More informationThe Morgan Stanley FTSE Protected Growth Plan. Investor Pack
The Morgn Stnley FTSE Protected Growth Pln Investor Pck The Morgn Stnley FTSE Protected Growth Pln Introduction The current investment environment with its extreme levels of uncertinty nd voltility, mkes
More informationBadger Explorer Group - 1H 2010 3. 2 Badger Explorer Group - 1H 2010 SUCCESSFUL DEMONSTRATION OF THE BADGER EXPLORER CONCEPT
Semi-nnul Report 1H 2010 2 Bdger Explorer Group - 1H 2010 Bdger Explorer Group - 1H 2010 3 SUCCESSFUL DEMONSTRATION OF THE BADGER EXPLORER CONCEPT The ctivities during 1H 2010 hve been focused on the Bdger
More informationSAMPLE PROPERTY MANAGEMENT REPORT
SMPLE PROPERTY MNGEMENT REPORT Date Name ddress Re: Dear In accordance with our agreement, I have enclosed the following Property Management Reports for the month of Month and Year; 1. Operational and
More informationDlNBVRGH + Sickness Absence Monitoring Report. Executive of the Council. Purpose of report
DlNBVRGH + + THE CITY OF EDINBURGH COUNCIL Sickness Absence Monitoring Report Executive of the Council 8fh My 4 I.I...3 Purpose of report This report quntifies the mount of working time lost s result of
More information2015 EDITION. AVMA Report on Veterinary Compensation
2015 EDITION AVMA Report on Veterinry Compenstion AVMA Report on Veterinry Compenstion 2015 EDITION Copyright 2015 by the All rights reserved. ISBN-13: 978-1-882691-31-9 AVMA Report on Veterinry Compenstion
More informationP.3 Polynomials and Factoring. P.3 an 1. Polynomial STUDY TIP. Example 1 Writing Polynomials in Standard Form. What you should learn
33337_0P03.qp 2/27/06 24 9:3 AM Chpter P Pge 24 Prerequisites P.3 Polynomils nd Fctoring Wht you should lern Polynomils An lgeric epression is collection of vriles nd rel numers. The most common type of
More informationUnleashing the Power of Cloud
Unleshing the Power of Cloud A Joint White Pper by FusionLyer nd NetIQ Copyright 2015 FusionLyer, Inc. All rights reserved. No prt of this publiction my be reproduced, stored in retrievl system, or trnsmitted,
More informationObject Semantics. 6.170 Lecture 2
Object Semntics 6.170 Lecture 2 The objectives of this lecture re to: to help you become fmilir with the bsic runtime mechnism common to ll object-oriented lnguges (but with prticulr focus on Jv): vribles,
More informationCredit Ratings, Collateral, and Loan Characteristics: Implications for Yield*
Kose John New York University Anthony W. Lynch New York University nd Ntionl Bureu of Economic Reserch Mnju Puri Stnford University nd Ntionl Bureu of Economic Reserch Credit Rtings, Collterl, nd Lon Chrcteristics:
More informationFactoring Polynomials
Fctoring Polynomils Some definitions (not necessrily ll for secondry school mthemtics): A polynomil is the sum of one or more terms, in which ech term consists of product of constnt nd one or more vribles
More informationHow To Offer In Compromise
State of California Board of Equalization Offer In Compromise pplication BOE-490 REV. 1 (1-06) What you should know before preparing an Offer in Compromise pplication re you an OIC candidate? The Offer
More informationExponential and Logarithmic Functions
Nme Chpter Eponentil nd Logrithmic Functions Section. Eponentil Functions nd Their Grphs Objective: In this lesson ou lerned how to recognize, evlute, nd grph eponentil functions. Importnt Vocbulr Define
More informationWhy is the NSW prison population falling?
NSW Bureu of Crime Sttistics nd Reserch Bureu Brief Issue pper no. 80 September 2012 Why is the NSW prison popultion flling? Jcqueline Fitzgerld & Simon Corben 1 Aim: After stedily incresing for more thn
More informationFDIC Study of Bank Overdraft Programs
FDIC Study of Bnk Overdrft Progrms Federl Deposit Insurnce Corportion November 2008 Executive Summry In 2006, the Federl Deposit Insurnce Corportion (FDIC) initited two-prt study to gther empiricl dt on
More informationAccording to Webster s, the
dt modeling Universl Dt Models nd P tterns By Len Silversn According Webster s, term universl cn be defined s generlly pplicble s well s pplying whole. There re some very common ptterns tht cn be generlly
More informationData quality issues for accounting information systems implementation: Systems, stakeholders, and organizational factors
Journl of Technology Reserch Dt qulity issues for ccounting informtion systems implementtion: Systems, stkeholders, nd orgniztionl fctors ABSTRACT Hongjing Xu Butler University Qulity informtion is one
More informationEstimating Exchange Rate Exposures:
Estimting Exchnge Rte Exposures: Issues in Model Structure * Gordon M. Bodnr ** Pul H. Nitze School of Advnced Interntionl Studies, The Johns Hopkins University 1740 Msschusetts Avenue NW Wshington, DC
More informationThe Definite Integral
Chpter 4 The Definite Integrl 4. Determining distnce trveled from velocity Motivting Questions In this section, we strive to understnd the ides generted by the following importnt questions: If we know
More informationSection 5-4 Trigonometric Functions
5- Trigonometric Functions Section 5- Trigonometric Functions Definition of the Trigonometric Functions Clcultor Evlution of Trigonometric Functions Definition of the Trigonometric Functions Alternte Form
More informationVendor Rating for Service Desk Selection
Vendor Presented By DATE Using the scores of 0, 1, 2, or 3, plese rte the vendor's presenttion on how well they demonstrted the functionl requirements in the res below. Also consider how efficient nd functionl
More informationACC 255 FINAL EXAM REVIEW PACKET (NEW MATERIAL)
Page 1 ACC 255 FINAL EXAM REVIEW PACKET (NEW MATERIAL) Complete these sample exam problems/objective questions and check your answers with the solutions at the end of the review file and identify where
More informationTreatment Spring Late Summer Fall 0.10 5.56 3.85 0.61 6.97 3.01 1.91 3.01 2.13 2.99 5.33 2.50 1.06 3.53 6.10 Mean = 1.33 Mean = 4.88 Mean = 3.
The nlysis of vrince (ANOVA) Although the t-test is one of the most commonly used sttisticl hypothesis tests, it hs limittions. The mjor limittion is tht the t-test cn be used to compre the mens of only
More informationLINEAR TRANSFORMATIONS AND THEIR REPRESENTING MATRICES
LINEAR TRANSFORMATIONS AND THEIR REPRESENTING MATRICES DAVID WEBB CONTENTS Liner trnsformtions 2 The representing mtrix of liner trnsformtion 3 3 An ppliction: reflections in the plne 6 4 The lgebr of
More information2-8. Identify whether each of the following items increases or decreases cash flow:
Problems 2-8. Identify whether each of the following items increases or decreases cash flow: Increase in accounts receivable Increase in notes payable Depreciation expense Increase in investments Decrease
More informationRotating DC Motors Part II
Rotting Motors rt II II.1 Motor Equivlent Circuit The next step in our consiertion of motors is to evelop n equivlent circuit which cn be use to better unerstn motor opertion. The rmtures in rel motors
More informationbaby on the way, quit today
for mums-to-be bby on the wy, quit tody WHAT YOU NEED TO KNOW bout smoking nd pregnncy uitting smoking is the best thing you cn do for your bby We know tht it cn be difficult to quit smoking. But we lso
More informationAnswer, Key Homework 10 David McIntyre 1
Answer, Key Homework 10 Dvid McIntyre 1 This print-out should hve 22 questions, check tht it is complete. Multiple-choice questions my continue on the next column or pge: find ll choices efore mking your
More informationAnalyzing the Statement of Cash Flows
Analyzing the Statement of Cash Flows Operating Activities NACM Upstate New York Credit Conference 2015 By Ron Sereika, CCE,CEW NACM 1 Objectives of this Educational Session u Show how the statement of
More information19. The Fermat-Euler Prime Number Theorem
19. The Fermt-Euler Prime Number Theorem Every prime number of the form 4n 1 cn be written s sum of two squres in only one wy (side from the order of the summnds). This fmous theorem ws discovered bout
More informationMove, Inc. 2010 Citi EMT Conference January 5, 2010
Move, Inc. 2010 Citi EMT Conference Jnury 5, 2010 Sfe Hrbor Sttement 2 This presenttion my contin forwrd-looking sttements, including informtion bout mngement s view of Move s future expecttions, plns
More information9.3. The Scalar Product. Introduction. Prerequisites. Learning Outcomes
The Sclr Product 9.3 Introduction There re two kinds of multipliction involving vectors. The first is known s the sclr product or dot product. This is so-clled becuse when the sclr product of two vectors
More informationUnit 29: Inference for Two-Way Tables
Unit 29: Inference for Two-Wy Tbles Prerequisites Unit 13, Two-Wy Tbles is prerequisite for this unit. In ddition, students need some bckground in significnce tests, which ws introduced in Unit 25. Additionl
More informationIntegration. 148 Chapter 7 Integration
48 Chpter 7 Integrtion 7 Integrtion t ech, by supposing tht during ech tenth of second the object is going t constnt speed Since the object initilly hs speed, we gin suppose it mintins this speed, but
More informationI calculate the unemployment rate as (In Labor Force Employed)/In Labor Force
Introduction to the Prctice of Sttistics Fifth Edition Moore, McCbe Section 4.5 Homework Answers to 98, 99, 100,102, 103,105, 107, 109,110, 111, 112, 113 Working. In the lnguge of government sttistics,
More informationE2-2: Identifying Financing, Investing and Operating Transactions?
E2-2: Identifying Financing, Investing and Operating Transactions? Listed below are eight transactions. In each case, identify whether the transaction is an example of financing, investing or operating
More informationTotal shares at the end of ten years is 100*(1+5%) 10 =162.9.
FCS5510 Sample Homework Problems Unit04 CHAPTER 8 STOCK PROBLEMS 1. An investor buys 100 shares if a $40 stock that pays a annual cash dividend of $2 a share (a 5% dividend yield) and signs up for the
More informationFinancial Statement and Cash Flow Analysis
Chapter 2 Financial Statement and Cash Flow Analysis Answers to Concept Review Questions 1. What role do the FASB and SEC play with regard to GAAP? The FASB is a nongovernmental, professional standards
More informationHelicopter Theme and Variations
Helicopter Theme nd Vritions Or, Some Experimentl Designs Employing Pper Helicopters Some possible explntory vribles re: Who drops the helicopter The length of the rotor bldes The height from which the
More information> DO IT! Chapter 13. Classification of Cash Flows. Cash from Operating Activities D-1. Solution. Action Plan
Chapter 13 > DO IT! Classification of Cash Flows Identify the three types of activities used to report all cash inflows and outflows. Report as operating activities the cash effects of transactions that
More informationGAO HOME MORTGAGE INTEREST DEDUCTION. Despite Challenges Presented by Complex Tax Rules, IRS Could Enhance Enforcement and Guidance
GAO United Sttes Government Accountbility Office Report to the Joint Committee on Txtion July 2009 HOME MORTGAGE INTEREST DEDUCTION Despite Chllenges Presented by Complex Tx Rules, IRS Could Enhnce Enforcement
More informationCity of Dade City AGENDA MEMO. participants permitted. participants Currently as the plan was approved loans to are not
City of Dde City AGENDA MEMO To From Honorble Myor nd Members ofthe City Commission Willim C Poe Jr City Mnger Subject Request to chnge Section74 ofthe Ntionwide 40 pln to llow lons to prticipnts Dte August
More informationUNITED STATES DEPARTMENT OF AGRICULTURE Washington, D.C. 20250. ACTION BY: All Divisions and Offices. FGIS Directive 2510.
UNITED STATES DEPARTMENT OF AGRICULTURE Wshington, D.C. 20250 ACTION BY: All Divisions nd Offices FGIS Directive 2510.1 12-11-73 FEDERAL TORT CLAIMS I PURPOSE This Instruction: A Sets forth the bsic provisions
More informationSPECIAL PRODUCTS AND FACTORIZATION
MODULE - Specil Products nd Fctoriztion 4 SPECIAL PRODUCTS AND FACTORIZATION In n erlier lesson you hve lernt multipliction of lgebric epressions, prticulrly polynomils. In the study of lgebr, we come
More informationStatement of Cash Flows
PREPARING THE STATEMENT OF CASH FLOWS: THE INDIRECT METHOD OF REPORTING CASH FLOWS FROM OPERATING ACTIVITIES The work sheet method described in the text book is not the recommended approach. We will provide
More informationNQF Level: 2 US No: 7480
NQF Level: 2 US No: 7480 Assessment Guide Primry Agriculture Rtionl nd irrtionl numers nd numer systems Assessor:.......................................... Workplce / Compny:.................................
More informationPhysics 43 Homework Set 9 Chapter 40 Key
Physics 43 Homework Set 9 Chpter 4 Key. The wve function for n electron tht is confined to x nm is. Find the normliztion constnt. b. Wht is the probbility of finding the electron in. nm-wide region t x
More informationCOMPONENTS: COMBINED LOADING
LECTURE COMPONENTS: COMBINED LOADING Third Edition A. J. Clrk School of Engineering Deprtment of Civil nd Environmentl Engineering 24 Chpter 8.4 by Dr. Ibrhim A. Asskkf SPRING 2003 ENES 220 Mechnics of
More informationPROF. BOYAN KOSTADINOV NEW YORK CITY COLLEGE OF TECHNOLOGY, CUNY
MAT 0630 INTERNET RESOURCES, REVIEW OF CONCEPTS AND COMMON MISTAKES PROF. BOYAN KOSTADINOV NEW YORK CITY COLLEGE OF TECHNOLOGY, CUNY Contents 1. ACT Compss Prctice Tests 1 2. Common Mistkes 2 3. Distributive
More informationBinary Representation of Numbers Autar Kaw
Binry Representtion of Numbers Autr Kw After reding this chpter, you should be ble to: 1. convert bse- rel number to its binry representtion,. convert binry number to n equivlent bse- number. In everydy
More informationA Simple Model. The Accounting Equation
An introduction to the accounting equation in the context of building a financial model. This series introduces the financial statements in the context of a financial model. NOTES TO ACCOMPANY VIDEOS These
More informationA Simple Model. Introduction to Financial Statements
Introduction to Financial Statements NOTES TO ACCOMPANY VIDEOS These notes are intended to supplement the videos on ASimpleModel.com. They are not to be used as stand alone study aids, and are not written
More informationHow To Study The Effects Of Music Composition On Children
C-crcs Cognitive - Counselling Reserch & Conference Services (eissn: 2301-2358) Volume I Effects of Music Composition Intervention on Elementry School Children b M. Hogenes, B. Vn Oers, R. F. W. Diekstr,
More informationPortability of Social Benefits: The Economics of a Critical Topic in Globalisation
Portbility of Socil Benefits: The Economics of Criticl Topic in Globlistion Orgniser: Robert Holzmnn nd Mrtin Werding Interntionl Portbility of Helth-Cost Cover: Mobility, Insurnce, nd Redistribution Mrtin
More information13:11. Statement of Cash Flows. Chapter. Illustration. Statement of Cash Flows- summary. Overview
Overview Statement of Cash Flows Chapter 23 BECAUSE of the SCF, users of the financial statements get the best of both worlds! SCF bridges the gap created by paper income resulting from applying an accrual
More informationData replication in mobile computing
Technicl Report, My 2010 Dt repliction in mobile computing Bchelor s Thesis in Electricl Engineering Rodrigo Christovm Pmplon HALMSTAD UNIVERSITY, IDE SCHOOL OF INFORMATION SCIENCE, COMPUTER AND ELECTRICAL
More informationGAO DISASTER ASSISTANCE. USDA and SBA Could Do More to Help Aquaculture and Nursery Producers
GAO United Sttes Government Accountbility Office Report to the Chir, Committee on Smll Business nd Entrepreneurship, U.S. Sente September 2012 DISASTER ASSISTANCE USDA nd SBA Could Do More to Help Aquculture
More informationStructuring. Your Business a Brazilian or in Brazil
Setting Up Your Compny nd Office in Brzil MOBILITY Mgzine, April 2007 As the B in BRIC, Brzil hs been gining gret del of ttention on the globl business front, with mny compnies investigting how to get
More information