Pioneer Corporation had these transactions during 2011.
Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or noncash investing and financing activities.
Financial information for Blevins Inc. is presented below.
|December 31, 2012||December 31, 2011|
|Plant assets (net)||396,000||330,000|
|Common stock, $1 par||161,000||115,000|
Prepare a schedule showing a horizontal analysis for 2012 using 2011 as the base year.
Prepare a statement of cash flows—indirect method.
Data for Arma Inc. are presented in P13-9A. Further analysis reveals that accounts payable pertain to merchandise creditors.
Prepare a statement of cash flows—direct method.
Prepare a statement of cash flows for Arma Inc. using the direct method.
The comparative statements of Villa Tool Company are presented below.
Compute ratios from balance sheet and income statement.
Compute the following ratios for 2012. (Weighted-average common shares in 2012 were 57,000, and all sales were on account.)