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    herman11's Avatar
    herman11 Posts: 7, Reputation: 1
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    #1

    Apr 9, 2011, 02:20 PM
    Why do you suppose financial statements are constructed on an accrual basis rather th
    Why do you suppose financial statements are constructed on an accrual basis rather than cash basis when cash accounting is so much easier to understand.
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    herman11 Posts: 7, Reputation: 1
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    #2

    Apr 9, 2011, 02:24 PM
    Finance problem solver?
    Why do you suppose financial statements are constructed on an accrual basis rather than a cash basis when cash accounting is so much easier to understand?
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    herman11 Posts: 7, Reputation: 1
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    #3

    Apr 9, 2011, 02:27 PM
    Finance and accounting
    What does it mean when cash flow from operations on a company's cash flow statement is negative? Is this bad news? Is it dangerous?
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    herman11 Posts: 7, Reputation: 1
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    #4

    Apr 9, 2011, 02:30 PM
    Finance and accounting
    Is a company better or worse off when the market value of its liabilities fall? Why?
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    herman11 Posts: 7, Reputation: 1
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    #5

    Apr 9, 2011, 02:31 PM
    Finance and accounting
    If you owned a company, would you prefer the market value of its liabilities fall? Why?
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    herman11 Posts: 7, Reputation: 1
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    #6

    Apr 9, 2011, 02:38 PM
    Finance and accounting
    Explain briefly how each of the following transactions would affect a company's balance sheet. (Remember, assets must equal liabilities plus owners' aquity before and after the transaction)
    a. Purchase of a new $10 million building, financed 20 percent with cash and 80 percent with a bank loan.
    b. Purchase of a new building for $10 million cash
    c. A $10,000 payment to trade creditors
    d. Sale of $100,000 of merchandise for cash
    e. Sale of $100,000 of merchandise for credit
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
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    #7

    Apr 9, 2011, 03:14 PM
    Thank you for taking the time to copy your homework to AMHD.
    Please refer to this announcement: CLICK HERE !!
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    herman11 Posts: 7, Reputation: 1
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    #8

    Apr 9, 2011, 03:33 PM
    Comment on Curlyben's post
    If you are relating to me. I have no assignment like this. I came across these questions while reading some material on financing. I have long passed the age of having to conduct assignments for classes.
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    joypulv Posts: 21,591, Reputation: 2941
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    #9

    Apr 9, 2011, 03:40 PM
    Cash basis accounting is fine for small business. The large the company gets, the more money is hanging in limbo, not paid out yet and not received yet. Hence, accrual.
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    Curlyben Posts: 18,514, Reputation: 1860
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    #10

    Apr 9, 2011, 03:49 PM
    Quote Originally Posted by herman11 View Post
    If you are relating to me. I have no assignment like this. I came across these questions while reading some material on financing. I have long passed the age of having to conduct assignments for classes.
    If that's the case why did you spam post SIX separate threads with ZERO indication of your own thought process..
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