题目内容

Firebird Company reported the following financial information at the end of 2007 (in millions) :Merchandise inventory $240Minority interest 70Cash and equivalents 275Accounts receivable 1150Accounts payable 225Property & equipment 2160Accrued expenses 830Current portion of long-term debt 120Long-term debt 1570Retained earnings 4230 Calculate Firebird’ s current assets and working capital. Current assets Working capital ①A. $1665 million $ 420 million ②B. $ 1735 million $ 490 million ③C. $1665 million $ 490 million

A. ①
B. ②
C. ③

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再审行政判决书的正文有哪些内容和要求

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When a firm recognizes revenue in excess of expenses on a product not covered by a warranty before cash is collected, what is the impact on the firm’s assets and liabilities, ignoring taxes Assets Liabilities ①A. Increase Increase ②B. Increase No effect ③C. No effect No effect

A. ①
B. ②
C. ③

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What is the difference between the direct and the indirect method of calculating cash flow from operations

A. The indirect method starts with gross income and adjusts to cash flow from operations, while the direct method starts with gross profit and flows through the income statement to calculate cash flows from operations.
B. The direct method starts with sales and follows cash as it flows through the income statement, while the indirect method starts with net income and adjusts for non-cash charges and other items.
C. Balance sheet items are not included in the cash flow from operations for the direct method, while they are included for the indirect method.

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What is the impact on accounts receivable if sales exceed cash collections and what is the impact on accounts payable if cash paid to suppliers exceeds purchases Accounts receivable Accounts payable ①A. Increase Decrease ②B. Increase Increase ③C. Decrease Decrease

A. ①
B. ②
C. ③

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A. ① B. ② C. ③

再审行政判决书的正文有哪些内容和要求

When a firm recognizes revenue in excess of expenses on a product not covered by a warranty before cash is collected, what is the impact on the firm’s assets and liabilities, ignoring taxes Assets Liabilities ①A. Increase Increase ②B. Increase No effect ③C. No effect No effect

What is the difference between the direct and the indirect method of calculating cash flow from operations

What is the impact on accounts receivable if sales exceed cash collections and what is the impact on accounts payable if cash paid to suppliers exceeds purchases Accounts receivable Accounts payable ①A. Increase Decrease ②B. Increase Increase ③C. Decrease Decrease

A. ①
B. ②
C. ③