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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 3 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Q: Why do capital expenditures increase assets (PP&E), while other cash outflows, like paying salary, taxes, etc., do not create any asset, and instead instantly create an expense on the income statement that reduces equity via retained earnings? Q: Walk me through a cash flow statement. Q: What is working capital? Q: Is it possible for a company to show positive cash flows but be in grave trouble? Q: How is it possible for a company to show positive net income but go bankrupt? Q: I buy a piece of equipment, walk me through the impact on the 3 financial statements. Q: Why are increases in accounts receivable a cash reduction on the cash flow statement? Q: How is the income statement linked to the balance sheet? Q: What is goodwill? Q: What is a deferred tax liability and why might one be created?
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