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Essay Instructions: How does net cash flow differ from net income and why is that difference relevant to financial decision making?

Essay Instructions: You have agreed to give Rumpster a short lesson using the FASB Codification Research System as your authoritative source.

Your responses must address the following
1. Definition of comprehensive income
2. Definition of classifications within net income.... give Example
3. Definiition of classifications within other comprehensive income... give examples
4. Explanation of reclassisfication adjustments.
There are faxes for this order.

Essay Instructions: ACC/290 Principles of Accounting I
Financial Reporting Problem, Part 1
(Google)
Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company.

Analyze the information contained in the company?s balance sheet and income statement to answer the following questions:

What are the company?s total assets at the end of its most recent annual reporting period? Why is this important?

What are the total assets at the end of the previous annual reporting period?

How much cash and cash equivalents did the company have at the end of its most recent annual reporting period?

What amount of accounts payable did the company have at the end of its most recent annual reporting period?

What amount of accounts payable did the company have at the end of the previous annual reporting period?

What are the company?s net revenues for the last three annual reporting periods?

What is the change in dollars in the company?s net income from its most recent annual reporting period to the previous annual reporting period?

What are the company?s total current assets at the end of its most recent annual reporting period?

What are the total current assets at the end of the previous annual reporting period?

What in the information above would be important to a potential investor, employee, and so forth?

Summarize the analysis in a 1,050- to 1,400-word paper in a Microsoft? Word document.

Include a copy of the company?s balance sheet and income statement.

Essay Instructions: Topic: "Brandywine Homecare"
A not-for-profit business, had revenues of $12 million in 2007.
Expenses other than depreciation totaled 75 percent of revenues, and depreciation
expense was $1.5 million. All revenues were collected in cash during the year and all
expenses other than depreciation were paid in cash.
You are to write a 4 page report that answers the following: each paragraph "MUST" begin with;
1. Construct Brandywine?s 2007 income statement.
2. What were Brandywine?s 2007 net income, total profit margin, and cash flow?
3. Suppose the company changed its depreciation calculation procedures (still within
GAAP) such that its depreciation expense doubled. How would this change affect
Brandywine?s net income, total profit margin, and cash flow?
4. Explain the difference between cash and accrual accounting. Be sure to include a
discussion of the revenue recognition and matching principles.
5. Explain the difference between equity section of a not-for-profit business and an
investor-owned business