Classlfylng items on the indirect statement of cash flows [10 mln]

destiny corporation is preparing its statement of cash flows by the indirect method. destiny has the following items for
you to consider in preparing the statement:

. increase in accounts payable

. payment of dividends

. decrease in accrued liabilities

. issuance of common stock

. gain on sale of building

. loss on sale of land

. depreciation expense

. increase in inventory

. decrease in accounts receivable

. purchase of equipment

requirement

1. identify each item as am)

0 operating activity—addition to net income (0+), or subtraction from net income (0-)
0 investing activity—addition to cash flow (i+), or subtraction from cash flow (i-)

0 financing activity—addition to cash flow (f+). or subtraction from cash flow (f-)

0 activity that is not used to prepare the indirect cash flow statement (n)

Consider each of the following cases: case accounting break-even unit price unit variable cost fixed costs depreciation 1 127,400 $ 38 $ 25 $ 711,000 ? 2 124,000 ? 41 2,500,000 $ 900,000 3 5,753 117 ? 171,000 100,000 required: (a) find the depreciation for case 1. (do not round your intermediate calculations.) (b) find the unit price for case 2. (do not round your intermediate calculations.) (c) find the unit variable cost for case 3. (do not round your intermediate calculations.)

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct