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Levels Tought:
University
| Teaching Since: | Apr 2017 |
| Last Sign in: | 438 Weeks Ago, 1 Day Ago |
| Questions Answered: | 9562 |
| Tutorials Posted: | 9559 |
bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
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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