How to invest for beginners?

could someone tell me about the basics of invest like for someone who is totally clueless, and what you need to get started etc. Especially stuff like stocks, bonds, IPO’s, etc. Just like a basic run through of everything

Where can I go to learn the very basics of stocks?

I’ve been pretty interested in stocks for awhile now but I have never really gotten into learning more about trading and buying/selling stocks. I have some really basic knowledge about ET Fs, bonds, mutual funds and things like that but I feel like I barely know anything about actually using a site like etrade to begin. It may seem silly but I borrowed Investing For Dummies from my friend.

Anyway, if you guys could give me some sites or maybe even books to really help me get started, that’d be amazing. Also, I’d like you to know I’m 17 years old so I don’t think I’d actually be able to invest some real money into stocks as of now, I’d just like to know a little bit more about the whole idea.

Thanks in advance

is it good to invest in gold and silver or energy sectors now?

What about the tech, fast food industries

Should I invest in Gold and silver now that both the metals are at their peak. Will they go up or down ?

Do you guys thinks that these are in a bubble.How much percentage of my money shud I invest in precious metals.Which are the best websites I can trust to buy these metals online. I am not a total newbie but I would like to hear from common people like me interested in precious metals.
Thanks in advance

Should I invest in gold or silver?

Im from Pune,India.I wish to make an investment in either gold or silver worth Rs.10,000.Which investment would be more profitable if I intend to sell the metal by Diwali?

How to invest gold in Singapore ?.?

Can we use CPF to buy gold as an investment ? Where to sell our gold chains or rings for better returns. The goldsmith shop offer very low returns. Any website to see the MOST updated cost of gold & silver prices.

I want to invest in gold or silver what is the best way to do this?

Is it good to invest in gold or silver?

i want to learn about investing,stocks, and all that. where do i go?

i live in the GTA. im 19 and i want to take a class on investing, stocks,bonds….
i looked in the cities parks and rec book but they only offer classes on physical acitivites! where do i go?

Day Trading Investing Stocks I Need Two Or Three Proven Strategies?

Hi

I have been Daytrading the Nasdaq, Amex, Nyse, BB and PK stocks using Etrades level 2 software. I have had success trading news stories, earnings Good/bad, Share Buybacks, gaps up and down, buyouts and FDA news approvals and non approved.

I have read dozens of books and been on courses regarding day Trading but the best trades I have made I have figured out myself. I Am Looking for more specific Individual ideas that others may have found successful.

For instance I watch the news feeds all day looking for key words in news that will trigger a price move or I’ll spot a loser and follow it for 2-3 days till it’s almost dead and then buy it as it bounces back, another good one is following the top 10 risers of the day till 10.10 am and then buy one that carries on it’s rise. So anybody got any Good Individual ideas I will appreciate it.

How do I start investing in stocks?

Im 18 years old and I really want to start investing in stocks. I know you have to have money to invest in stocks but isn’t there some cheap sites for stocks for starters? I really want to do this. I also wanted to know, how do you earn money from it? Like I understand then I don’t understand it. Someone please help me out. I would really like to know ASAP!

How does one start investing in stocks, such as Apple/Google?

I am only 19 and would like to start investing in some stocks. I don’t know how to do this. But I am not much of a gambler, so I would like to invest under 200. I saw I could buy Apple stock for 119, but I don’t trust the website. Any suggestions or comments???

How much money is needed to start investing in stocks?

I want to know what a reasonable amount is to start investing in stocks. I have lost money playing blackjack and also won in some trips out to the casino so i am not very worried about risk. I figure you have to go all out if you want something big in return. Also if you are a expert at investing please list the amount you invested and what you got in return. Thanks in advance.

Help with Crosby Corporation?

Prepare a statement of cash flows for the Crosby Corporation

CROSBY CORPORATION
Income Statement
For the Year Ended December 31, 2008
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,200,000
Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,300,000
Gross profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900,000
Selling and administrative expense . . . . . . . . . . . . . . . . . . . . 420,000
Depreciation expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000
Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330,000
Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,000
Earnings before taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . 240,000
Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000

CROSBY CORPORATION
Income Statement
For the Year Ended December 31, 2008
Earnings after taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160,000
Preferred stock dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000
Earnings available to common stockholders . . . . . . . . . . . . . $ 150,000
Common shares outstanding . . . . . . . . . . . . . . . . . . . . . . . . 120,000
Earnings per share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.25

Statement of Retained Earnings
For the Year Ended December 31, 2008
Retained earnings, balance, January 1, 2008 . . . . . . . . . . . . . . . . . . . . $500,000
Add: Earnings available to common stockholders, 2008 . . . . . . . . . . 150,000
Deduct: Cash dividends declared and paid in 2008 . . . . . . . . . . . . . 50,000
Retained earnings, balance, December 31, 2008 . . . . . . . . . . . . . . . . . $600,000

Comparative Balance Sheets
For 2007 and 2008

Assets ———————————————————- Year-End 2007 Year-End 2008
Current assets:
Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 70,000 $ 100,000
Accounts receivable (net) . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000 350,000
Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 410,000 430,000
Prepaid expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000 30,000
Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 830,000 910,000
Investments (long-term securities) . . . . . . . . . . . . . . . . . . . 80,000 70,000
Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000,000 2,400,000
Less: Accumulated depreciation . . . . . . . . . . . . . . . . . . . 1,000,000 1,150,000
Net plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . 1,000,000 1,250,000
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$1,910,000 $2,230,000

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 250,000 $ 440,000
Notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400,000 400,000
Accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 50,000
Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . 720,000 890,000
Long-term liabilities:
Bonds payable, 2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 120,000
Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 790,000 1,010,000
Stockholders’ equity:
Preferred stock, $100 per value . . . . . . . . . . . . . . . . . . . . . . 90,000 90,000
Common stock, $1 par value . . . . . . . . . . . . . . . . . . . . . . . . 120,000 120,000
Capital paid in excess of par . . . . . . . . . . . . . . . . . . . . . . . . 410,000 410,000
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000 600,000
Total stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . 1,120,000 1,220,000
Total liabilities and stockholders’ equity . . . . . . . . . . . . . . .$1,910,000 $2,230,000

Can you assist me with this Cash Flow statement problem?

27. Prepare a statement of cash flows for the Crosby Corporation

CROSBY CORPORATION Income Statement
For the Year Ended December 31, 2008
Sales . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,200,000
Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,300,000
Gross profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900,000
Selling and administrative expense . . . . . .. . . . . . . . . . . . . 420,000
Depreciation expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000
Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330,000
Interest expense . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . 90,000
Earnings before taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . 240,000
Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000

CROSBY CORPORATION Income Statement
For the Year Ended December 31, 2008
Earnings after taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160,000
Preferred stock dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000
Earnings available to common stockholders . . . . . . . . . . . . $ 150,000
Common shares outstanding . . . . . . . . . . . . . . . . . . . . . . . . 120,000
Earnings per share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.25

Statement of Retained Earnings For the Year Ended Dec. 31, 2008
Retained earnings, balance, January 1, 2008 . . . . . . . . . . . $500,000
Add: Earnings available to common stockholders, 2008 .. . . . 150,000
Deduct: Cash dividends declared and paid in 2008 . . .. . . . . . . 50,000
Retained earnings, balance, December 31, 2008 . . . . . . . . . $600,000

Comparative Balance Sheets For 2007 and 2008
Year-End 2007 Year-End 2008
Assets
Current assets:
Cash . . . . . . . . . . . . . . . . . . . $ 70,000 $ 100,000
Accounts receivable (net) . . . . .. 300,000 350,000
Inventory . . . . . . . . . . . . . . . . . 410,000 430,000
Prepaid expenses . . . . . . . . . . . 50,000 30,000
Total current assets . . . . . . . . 830,000 910,000
Investments (long-term securities) 80,000 70,000
Plant and equipment . . . . . . . . 2,000,000 2,400,000
Less: Accumulated depreciation 1,000,000 1,150,000
Net plant and equipment . . . . . 1,000,000 1,250,000
Total assets . . . . . . . . . . . . . $1,910,000 $2,230,000

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable . . . . . . . . . $ 250,000 $ 440,000
Notes payable . .. . . . . . . . . . . 400,000 400,000
Accrued expenses . . . . . . . . . . 70,000 50,000
Total current liabilities . . . . . . . 720,000 890,000
Long-term liabilities:
Bonds payable, 2012 . . . . . . . . 70,000 120,000
Total liabilities . . . . . . . . . . . . 790,000 1,010,000
Stockholders’ equity:
Preferred stock, $100 per value . 90,000 90,000
Common stock, $1 par value . 120,000 120,000
Capital paid in excess of par . . 410,000 410,000
Retained earnings . . . . . . . . . . 500,000 600,000
Total stockholders’ equity . . . 1,120,000 1,220,000
Total liabilities & stockholders’ equity . $1,910,000 $2,230,000
#28. Describe the general relationship between net income and net cash flows from operating activities for the firm.
#29. Has the buildup in plant and equipment been financed in a satisfactory manner? Briefly discuss.

Prepare a statement of cash flows for the Crosby?

Prepare a statement of cash flows for the Crosby
CROSBY CORPORATION
Income Statement
For the Year Ended December 31, 2008
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,200,000
Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,300,000
Gross profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900,000
Selling and administrative expense . . . . . . . . . . . . . . . . . . . . 420,000
Depreciation expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000
Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330,000
Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,000
Earnings before taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . 240,000
Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000

Additional Details
CROSBY CORPORATION
Income Statement
For the Year Ended December 31, 2008
Earnings after taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160,000
Preferred stock dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000
Earnings available to common stockholders . . . . . . . . . . . . . $ 150,000
Common shares outstanding . . . . . . . . . . . . . . . . . . . . . . . . 120,000
Earnings per share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.25

Statement of Retained Earnings
For the Year Ended December 31, 2008
Retained earnings, balance, January 1, 2008 . . . . . . . . . . . . . . . . . . . . $500,000
Add: Earnings available to common stockholders, 2008 . . . . . . . . . . 150,000
Deduct: Cash dividends declared and paid in 2008 . . . . . . . . . . . . . 50,000
Retained earnings, balance, December 31, 2008 . . . . . . . . . . . . . . . . . $600,000

Comparative Balance Sheets
For 2007 and 2008
Year-End
2007
Year-End
2008
Assets
Current assets:
Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 70,000 $ 100,000
Accounts receivable (net) . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000 350,000
Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 410,000 430,000
Prepaid expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000 30,000
Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 830,000 910,000
Investments (long-term securities) . . . . . . . . . . . . . . . . . . . 80,000 70,000
Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000,000 2,400,000
Less: Accumulated depreciation . . . . . . . . . . . . . . . . . . . 1,000,000 1,150,000
Net plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000,000 1,250,000
Total assets . .

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 250,000 $ 440,000
Notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400,000 400,000
Accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 50,000
Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . 720,000 890,000
Long-term liabilities:
Bonds payable, 2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 120,000
Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 790,000 1,010,000
Stockholders equity
Preferred Stock $100 per value 90,000 90,000
Common Stock $1 par value 120,000 120,000
Capital paid in excess of par 410,000 410,000
Retained Earnings 500,000 600,000
Total Stockholders equity 1,120,000 1,220,000
Total liabilites and stockholders equilty 1,191,000 2,230,000

I need help filling out the cash flow statement for Crosby Corporation?

Prepare a Statement of Cash Flows for the Crosby Corporation. Follow the general
procedures indicated in Table 2-10 on page 38.
Crosby Corporation
INCOME STATEMENT
For the Year-Ended December 31, 2008
Sales $1,900,000
Cost of Goods Sold 1,050,000
Gross Profits 850,000
Selling and Administrative Expense 420,000
Depreciation Expense 140,000
Operating Income 290,000
Interest Expense 80,000
Earnings Before Taxes 210,000
Taxes 90,000
Earnings After Taxes $120,000
Preferred Stock Dividends 10,000
Earning Available to Common Stockholders 110,000
Common Shares Outstanding 120,000
Earnings Per Share 0.92
STATEMENT OF RETAINED EARNINGS
For the Year-Ending December 31, 2008
Retained earnings, balance, January 1 500,000
Add:Earning Available to Common Stockholders 110,000
Deduct:Cash Dividends Declared and Paid 56,000
Retained earnings, balance, December 31 554,000
COMPARATIVE BALANCE SHEETS
For 2007 and 2008
2007 2008 (Increase)/decrease
Assets
Current Assets
Cash $70,000 $100,000 -$30,000
Accounts Receivable (net) 280,000 350,000 (70,000)
Inventory 410,000 430,000 (20,000)
Prepaid Expenses 50,000 30,000 20,000
Total Current Assets 810,000 910,000 (100,000)
Investments (long-term) 80,000 70,000 10,000
Plant & Equipment 2,000,000 2,300,000 (300,000)
Less: Accumulated Depreciation 1,000,000 1,150,000 (150,000)
Net Plant & Equipment 1,000,000 1,150,000 (150,000)
Total Assets $1,890,000 $2,130,000 -$240,000
Liabilities and Stockholders Equity
Current Liabilities
Accounts Payable $250,000 $400,000 $150,000
Notes Payable 400,000 400,000 – Accrued Expenses 70,000 50,000 (20,000)
Total Current Liabilities 720,000 850,000 130,000
Long-Term Liabilities
Bonds payable 2012 62,000 120,000 58,000
Total Liabilities 782,000 970,000 188,000
Stockholders Equity
Preferred Stock $100 par value 90,000 90,000 -
Common Stock $1 par value 120,000 120,000 -
Capital paid in excess of par 410,000 410,000 -
Retained Earnings 500,000 600,000 100,000
Total Stockholders Equity 1,120,000 1,220,000 100,000
Total Liabilities and Stockholders Equity $1,902,000 $2,190,000 $288,000

I am lost, can someone please help? financial accounting: cash flow preparation for crosby corporation?

27. Prepare a statement of cash flows for the Crosby Corporation.

Current Assets Liabilities
Cash . . . . . . . . . . . . . . . . . . . . . . . . . $ 15,000 Accounts payable . . . . . . . . $ 20,000
Accounts receivable . . . . . . . . . . . . . 22,500 Notes payable . . . . . . . . . . . 30,000
Inventory . . . . . . . . . . . . . . . . . . . . . . 37,500 Bonds payable . . . . . . . . . . . 75,000
Prepaid expenses . . . . . . . . . . . . . . . 18,000
Fixed Assets Stockholders’ Equity
Plant and equipment (gross) . . . . . . . $375,000 Common stock . . . . . . . . . . $112,500
Paid-in capital . . . . . . . . . . . 37,500
Less: Accumulated depreciation . . . . 75,000 Retained earnings . . . . . . . . 118,000
Net plant and assets . . . . . . . . . . . . . 300,000 Total liabilities and
Total assets . . . . . . . . . . . . . . . . . . . . $393,000 stockholders’ equity . . . . . $393,000

CROSBY CORPORATION
Income Statement
For the Year Ended December 31, 2008
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,200,000
Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,300,000
Gross profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900,000
Selling and administrative expense . . . . . . . . . . . . . . . . . . . . 420,000
Depreciation expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000
Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330,000
Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,000
Earnings before taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . 240,000
Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000
Block?Hirt?Danielsen:
Foundations of Financial
Management, 13th Edition
II. Financial Analysis and
Planning
2. Review of Accounting © The McGraw?Hill
Companies, 2009
52 Part 2 Financial Analysis and Planning
www.mhhe.com/bhd13e
Statement of Retained Earnings
For the Year Ended December 31, 2008
Retained earnings, balance, January 1, 2008 . . . . . . . . . . . . . . . . . . . . $500,000
Add: Earnings available to common stockholders, 2008 . . . . . . . . . . 150,000
Deduct: Cash dividends declared and paid in 2008 . . . . . . . . . . . . . 50,000
Retained earnings, balance, December 31, 2008 . . . . . . . . . . . . . . . . . $600,000
CROSBY CORPORATION
Income Statement
For the Year Ended December 31, 2008
Earnings after taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160,000
Preferred stock dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000
Earnings available to common stockholders . . . . . . . . . . . . . $ 150,000
Common shares outstanding . . . . . . . . . . . . . . . . . . . . . . . . 120,000
Earnings per share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.25
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 250,000 $ 440,000
Notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400,000 400,000
Accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 50,000
Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . 720,000 890,000
Long-term liabilities:
Bonds payable, 2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 120,000
Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 790,000 1,010,000
Comparative Balance Sheets
For 2007 and 2008
Year-End
2007
Year-End
2008
Assets
Current assets:
Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 70,000 $ 100,000
Accounts receivable (net) . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000 350,000
Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 410,000 430,000
Prepaid expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000 30,000
Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 830,000 910,000
Investments (long-term securities) . . . . . . . . . . . . . . . . . . . 80,000 70,000
Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000,000 2,400,000
Less: Accumulated depreciation . . . . . . . . . . . . . . . . . . . 1,000,000 1,150,000
Net plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000,000 1,250,000
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,910,000 $2,230,000
Stockholders’ equity:
Preferred stock, $100 per value . . . . . . . . . . . . . . . . . . . . . . 90,000 90,000
Common stock, $1 par value . . . . . . . . . . . . . . . . . . . . . . . . 120,000 120,000
Capital paid in excess of par . . . . . .

crosby corporation cash flow-I need help preparing a cash flow statement for this information given?

Current Assets Liabilities
Cash . . . . . . . . . . . . . . . . . . . . . . . . . $ 15,000 Accounts payable . . . . . . . . $ 20,000
Accounts receivable . . . . . . . . . . . . . 22,500 Notes payable . . . . . . . . . . . 30,000
Inventory . . . . . . . . . . . . . . . . . . . . . . 37,500 Bonds payable . . . . . . . . . . . 75,000
Prepaid expenses . . . . . . . . . . . . . . . 18,000
Fixed Assets Stockholders’ Equity
Plant and equipment (gross) . . . . . . . $375,000 Common stock . . . . . . . . . . $112,500
Paid-in capital . . . . . . . . . . . 37,500
Less: Accumulated depreciation . . . . 75,000 Retained earnings . . . . . . . . 118,000
Net plant and assets . . . . . . . . . . . . . 300,000 Total liabilities and
Total assets . . . . . . . . . . . . . . . . . . . . $393,000 stockholders’ equity . . . . . $393,000
continued
CROSBY CORPORATION
Income Statement
For the Year Ended December 31, 2008
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,200,000
Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,300,000
Gross profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900,000
Selling and administrative expense . . . . . . . . . . . . . . . . . . . . 420,000
Depreciation expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000
Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330,000
Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,000
Earnings before taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . 240,000
Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000
CROSBY CORPORATION
Income Statement
For the Year Ended December 31, 2008
Earnings after taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160,000
Preferred stock dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000
Earnings available to common stockholders . . . . . . . . . . . . . $ 150,000
Common shares outstanding . . . . . . . . . . . . . . . . . . . . . . . . 120,000
Earnings per share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.25
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 250,000 $ 440,000
Notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400,000 400,000
Accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 50,000
Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . 720,000 890,000
Long-term liabilities:
Bonds payable, 2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 120,000
Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 790,000 1,010,000
Comparative Balance Sheets
For 2007 and 2008
Year-End
2007
Year-End
2008
Assets
Current assets:
Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 70,000 $ 100,000
Accounts receivable (net) . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000 350,000
Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 410,000 430,000
Prepaid expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000 30,000
Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 830,000 910,000
Investments (long-term securities) . . . . . . . . . . . . . . . . . . . 80,000 70,000
Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000,000 2,400,000
Less: Accumulated depreciation . . . . . . . . . . . . . . . . . . . 1,000,000 1,150,000
Net plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000,000 1,250,000
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,910,000 $2,230,000
Stockholders’ equity:
Preferred stock, $100 per value . . . . . . . . . . . . . . . . . . . . . . 90,000 90,000
Common stock, $1 par value . . . . . . . . . . . . . . . . . . . . . . . . 120,000 120,000
Capital paid in excess of par . . . . . . . . . . . . . . . . . . . . . . . . 410,000 410,000
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000 600,000
Total stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . 1,120,000 1,220,000
Total liabilities and stockholders’ equity . . . . . . . . . . . . . . . . . . $1,910,000 $2,230,000

I need help with the CROSBY CORPORATION statement of cash flow?

Preparing a cash flow and answer the following questions?
Prepare a statement of cash flows for the Crosby Corporation. Follow the general
procedures indicated in Table 2–10 on page 38

CROSBY CORPORATION
Income Statement
For the Year Ended December 31, 2008
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,200,000
Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,300,000
Gross profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900,000
Selling and administrative expense . . . . . . . . . . . . . . . . . . . . 420,000
Depreciation expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000
Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330,000
Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,000
Earnings before taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . 240,000
Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000

CROSBY CORPORATION
Income Statement
For the Year Ended December 31, 2008
Earnings after taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160,000
Preferred stock dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000
Earnings available to common stockholders . . . . . . . . . . . . . $ 150,000
Common shares outstanding . . . . . . . . . . . . . . . . . . . . . . . . 120,000
Earnings per share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.25

Statement of Retained Earnings
For the Year Ended December 31, 2008
Retained earnings, balance, January 1, 2008 . . . . . . . . . . . . . . . . . . . . $500,000
Add: Earnings available to common stockholders, 2008 . . . . . . . . . . 150,000
Deduct: Cash dividends declared and paid in 2008 . . . . . . . . . . . . . 50,000
Retained earnings, balance, December 31, 2008 . . . . . . . . . . . . . . . . . $600,000

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 250,000 $ 440,000
Notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400,000 400,000
Accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 50,000
Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . 720,000 890,000
Long-term liabilities:
Bonds payable, 2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 120,000
Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 790,000 1,010,000
Comparative Balance Sheets
For 2007 and 2008
Year-End
2007
Year-End
2008
Assets
Current assets:
Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 70,000 $ 100,000
Accounts receivable (net) . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000 350,000
Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 410,000 430,000
Prepaid expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000 30,000
Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 830,000 910,000
Investments (long-term securities) . . . . . . . . . . . . . . . . . . . 80,000 70,000
Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000,000 2,400,000
Less: Accumulated depreciation . . . . . . . . . . . . . . . . . . . 1,000,000 1,150,000
Net plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000,000 1,250,000
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,910,000 $2,230,000
Stockholders’ equity:
Preferred stock, $100 per value . . . . . . . . . . . . . . . . . . . . . . 90,000 90,000
Common stock, $1 par value . . . . . . . . . . . . . . . . . . . . . . . . 120,000 120,000
Capital paid in excess of par . . . . . . . . . . . . . . . . . . . . . . . . 410,000 410,000
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000 600,000
Total stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . 1,120,000 1,220,000
Total liabilities and stockholders’ equity . . . . . . . . . . . . . . . . . . $1,910,000 $2,230,000

28. Describe the general relationship between net income and net cash flows from
operating activities for the firm.
29. Has the buildup in plant and equipment been financed in a satisfactory manner?
Briefly discuss.

Preparing a cash flow and answer the following questions?

Prepare a statement of cash flows for the Crosby Corporation. Follow the general
procedures indicated in Table 2–10 on page 38

CROSBY CORPORATION
Income Statement
For the Year Ended December 31, 2008
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,200,000
Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,300,000
Gross profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900,000
Selling and administrative expense . . . . . . . . . . . . . . . . . . . . 420,000
Depreciation expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000
Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330,000
Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,000
Earnings before taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . 240,000
Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000

CROSBY CORPORATION
Income Statement
For the Year Ended December 31, 2008
Earnings after taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160,000
Preferred stock dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000
Earnings available to common stockholders . . . . . . . . . . . . . $ 150,000
Common shares outstanding . . . . . . . . . . . . . . . . . . . . . . . . 120,000
Earnings per share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.25

Statement of Retained Earnings
For the Year Ended December 31, 2008
Retained earnings, balance, January 1, 2008 . . . . . . . . . . . . . . . . . . . . $500,000
Add: Earnings available to common stockholders, 2008 . . . . . . . . . . 150,000
Deduct: Cash dividends declared and paid in 2008 . . . . . . . . . . . . . 50,000
Retained earnings, balance, December 31, 2008 . . . . . . . . . . . . . . . . . $600,000

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 250,000 $ 440,000
Notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400,000 400,000
Accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 50,000
Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . 720,000 890,000
Long-term liabilities:
Bonds payable, 2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 120,000
Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 790,000 1,010,000
Comparative Balance Sheets
For 2007 and 2008
Year-End
2007
Year-End
2008
Assets
Current assets:
Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 70,000 $ 100,000
Accounts receivable (net) . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000 350,000
Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 410,000 430,000
Prepaid expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000 30,000
Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 830,000 910,000
Investments (long-term securities) . . . . . . . . . . . . . . . . . . . 80,000 70,000
Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000,000 2,400,000
Less: Accumulated depreciation . . . . . . . . . . . . . . . . . . . 1,000,000 1,150,000
Net plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000,000 1,250,000
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,910,000 $2,230,000
Stockholders’ equity:
Preferred stock, $100 per value . . . . . . . . . . . . . . . . . . . . . . 90,000 90,000
Common stock, $1 par value . . . . . . . . . . . . . . . . . . . . . . . . 120,000 120,000
Capital paid in excess of par . . . . . . . . . . . . . . . . . . . . . . . . 410,000 410,000
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000 600,000
Total stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . 1,120,000 1,220,000
Total liabilities and stockholders’ equity . . . . . . . . . . . . . . . . . . $1,910,000 $2,230,000

28. Describe the general relationship between net income and net cash flows from
operating activities for the firm.
29. Has the buildup in plant and equipment been financed in a satisfactory manner?
Briefly discuss.

Should a young person be invested in the stock Market for the long term or 15 to 40 years?

I am 27, have a stable income, have 30k in savings, make 27k a year, married. I am worried because I keep hearing that in Oct 2012 there will be a 95% stock market crash from people like Jim Rogers, Gerald Celenta, etc, is it true or a scam to scare the masses into buying gold/silver has a safe heaven? Should I be invested in the stock market? I am thinking of getting “back” in and forget about the boom and doom guys. Your opinions? Etc?

how do you start investing (beginners)?

okey im 19 years old and ive always been interested in business and investing. its like a game i love it! we played an investing game in my econ. class i was given 1000 $ in a month and a half i had a little more then 5000$ it was just fake money tho.

so where do i sign up to start doing it for real!! ive done my research in what stocks to buy i just need to know how to actually do it?? anyone want to help??

Question about beginners investing and starting a roth IRA?

Im in my late teens, and I have about a grand to my name in a checking account. Lately, Ive been thinking about taking a very very small portion of that, and investing it into stock. Fun, successful stock, like Coke or Disney, nothing risky, so i can make a profit. But how do I go about doing that? Do i need to meet with an investor?

Also, even though im slowing building up my social security with my job, I want to start a Roth IRA and invest a small amount every pay period, for my retirement

Its imporant to me to save money and use it wisely, because I’ve seen family members deal with tough financial times, and it realy sucks!

HOW DO I GET STARTED? And how do i convince my mom that this is a good idea w/o her thinking im crazy?!

Any good books on investing for beginners?

finance question? try if u can?

Assume that you have been hired as a consultant by CGT, a major producer of chemicals and plastics, including plastic grocery bags, styrofoam cups, and fertilizers, to estimate the firm’s weighted average cost of capital. The balance sheet and some other information are provided below.
Assets

Current assets $38,000,000
Net plant, property, and equipment $101,000,000
Total assets $139,000,000

Liabilities and Equity

Accounts payable $10,000,000
Accruals $9,000,000
Current liabilities $19,000,000
Long-term debt (40,000 bonds, $1,000 par value) $40,000,000
Total liabilities $59,000,000
Common stock (10,000,000 shares) $30,000,000
Retained earnings $50,000,000
Total shareholders’ equity $80,000,000
Total liabilities and shareholders’ equity $139,000,000

The stock is currently selling for $15.00 per share, and its noncallable $1,000 par value, 20-year, 7.25% bonds with semiannual payments are selling for $1,150.00. The beta is 1.35, the yield on a 6-month Treasury bill is 3.50%, and the yield on a 20-year Treasury bond is 5.50%. The required return on the stock market is 11.50%, but the market has had an average annual return of 14.50% during the past 5 years. The firm’s tax rate is 40%.

Which of the following is the best estimate for the weight of debt for use in calculating the WACC?

1. 28.87%

2. 29.34%

3. 25.11%

4. 20.42%

5. 23.47%

need help finance question? try if u could?

Assume that you have been hired as a consultant by CGT, a major producer of chemicals and plastics, including plastic grocery bags, styrofoam cups, and fertilizers, to estimate the firm’s weighted average cost of capital. The balance sheet and some other information are provided below.
Assets

Current assets $38,000,000
Net plant, property, and equipment $101,000,000
Total assets $139,000,000

Liabilities and Equity

Accounts payable $10,000,000
Accruals $9,000,000
Current liabilities $19,000,000
Long-term debt (40,000 bonds, $1,000 par value) $40,000,000
Total liabilities $59,000,000
Common stock (10,000,000 shares) $30,000,000
Retained earnings $50,000,000
Total shareholders’ equity $80,000,000
Total liabilities and shareholders’ equity $139,000,000

The stock is currently selling for $15.00 per share, and its noncallable $1,000 par value, 20-year, 7.25% bonds with semiannual payments are selling for $1,150.00. The beta is 1.35, the yield on a 6-month Treasury bill is 3.50%, and the yield on a 20-year Treasury bond is 5.50%. The required return on the stock market is 11.50%, but the market has had an average annual return of 14.50% during the past 5 years. The firm’s tax rate is 40%.

What is the best estimate of the after-tax cost of debt?

1. 4.47%

2. 3.57%

3. 4.15%

4. 4.11%

5. 3.65%

Accounting I could use some help please!?

1) Zach company owns 40% of the voting stock of Tomas Corporation and uses the equity method in recording this investment. Tomas Corporation reported $20,000 net loss. Zach’s corporation Entry would include a?
A) Debit to loss of account for $8,000
B)Debit to investment account for $8,000
C)Debit to investment account for $20,000
D)credit to investment account for $8,000

2) The account unrealized Loss on temporary investment in stock should be include in the?
A) Income statement
B)Balance sheet as an addition to temporary investment in stock
C) statement of retained earnings
D) Balance sheet as a deduction in stockholders equity.

3) Which of he following investments below should be accounted for by using the cost method?
A) Long term investment in stock where the investor does have significant influence over the investee
B) Temporary investment in stock
C) Temporary investment in stock and long-term investment in stock where the investor does not have a significant influence over the investee
D) Long-term investment in stock where the investor does not have a significant influence over investee

4) Which of the following is not part of comprehensive income?
A) Unrealized gains or losses
B)Foreign currency items
C) pension liability adjustment
D) restructuring charges

5) Which of the following would be considered an ” Other Comprehensive Income” item?
A)Extraordinary loss related to flood
B) gain on disposal of discontinued operation
C) unrealized loss on available for sale securities
D) Net Income

6) The account investment in bonds is reported
A) At fair market value because that is all that is required
B) At cost as a long term liability along with current portion reported as a current liability
C) At cost as long term asset
D) At cost as a long term less discount on bond investment or plus premium on bonds investment

7) On June 1, $400,000 of bonds were purchased as a long term investment at 101.5 and $500 was paid as the brokerage commission. If the bonds bear interest at 12% which is paid semiannually on January 1st and July 1st. what is the total cost to be debited to the investment account?
A) $406,500
B) $400,000
C) $405,500
D) $ 402,000
On June 1, $400,000 of bonds were purchased as long term investment at 97.5 and $500 was paid as the brokerage commission. If the bonds bear interest at 12% which is paid semiannually on January 1 and July 1. what is the total cost to be debited to the investment account?
A) $390,000
B) $390,500
C) $400,500
D) $ 400,000

9) The financial statement resulting from combining parent and subsidiary statement are called consolidated statements?
True or false

10) The Corporation owning all or majority of another corporation is known as the parent company?
True or False

11) The investor carrying an investment by the equity method records cash as dividend receive as an increase in the carrying amount of the investment?
True or false

12) Ordinarily a corporation owning a significant portion of the voting stock of another corporation accounts for the investment using the equity method?
True or False

13) Unrealized gains or losses are reported as other comprehensive income items until the related securities are sold, the the gains and losses become realized and are included in determining net income?
True or false

14) Any difference between the fair market values of the securities and their cost is a realized gain or loss?
True or False

15) Available for sale securities that management expect to sale in the future, but not actively traded for profit?
True or False

16) Although marketable securities may be retained for several years, they continue to be classified as temporary, provided they are readily marketable and can be sold for cash at any time?
True or False

17) The cumulative effect of other comprehensive income items is included in retained earnings, on the balance sheet, as accumulated other comprehensive income?
True or False

18) comprehensive income is all changes in stockholder equity during the period except those resulting from dividend and stockholders investment?
True or False

19) The amortization of discount on bonds purchased as long term investment increases the amount of the investment account?
True Or false

20) As with other assets, the cost of bonds investment include all costs related to the purchase?
True or False

Need some one to look at my answers before i turn it in to be graded.?

1) Zach company owns 40% of the voting stock of Tomas Corporation and uses the equity method in recording this investment. Tomas Corporation reported $20,000 net loss. Zach’s corporation Entry would include a?
A) Debit to loss of account for $8,000
B)Debit to investment account for $8,000
C)Debit to investment account for $20,000
D)credit to investment account for $8,000

My answer is D

2) The account unrealized Loss on temporary investment in stock should be include in the?
A) Income statement
B)Balance sheet as an addition to temporary investment in stock
C) statement of retained earnings
D) Balance sheet as a deduction in stockholders equity.

My answer is B

3) Which of he following investments below should be accounted for by using the cost method?
A) Long term investment in stock where the investor does have significant influence over the investee
B) Temporary investment in stock
C) Temporary investment in stock and long-term investment in stock where the investor does not have a significant influence over the investee
D) Long-term investment in stock where the investor does not have a significant influence over investee

My answer is C

4) Which of the following is not part of comprehensive income?
A) Unrealized gains or losses
B)Foreign currency items
C) pension liability adjustment
D) restructuring charges

My answer is C

5) Which of the following would be considered an ” Other Comprehensive Income” item?
A)Extraordinary loss related to flood
B) gain on disposal of discontinued operation
C) unrealized loss on available for sale securities
D) Net Income

My answer is C

6) The account investment in bonds is reported
A) At fair market value because that is all that is required
B) At cost as a long term liability along with current portion reported as a current liability
C) At cost as long term asset
D) At cost as a long term less discount on bond investment or plus premium on bonds investment

My answer is B

7) On June 1, $400,000 of bonds were purchased as a long term investment at 101.5 and $500 was paid as the brokerage commission. If the bonds bear interest at 12% which is paid semiannually on January 1st and July 1st. what is the total cost to be debited to the investment account?
A) $406,500
B) $400,000
C) $405,500
D) $ 402,000

My answer is C
On June 1, $400,000 of bonds were purchased as long term investment at 97.5 and $500 was paid as the brokerage commission. If the bonds bear interest at 12% which is paid semiannually on January 1 and July 1. what is the total cost to be debited to the investment account?
A) $390,000
B) $390,500
C) $400,500
D) $ 400,000

My answer is C

9) The financial statement resulting from combining parent and subsidiary statement are called consolidated statements?
True or false

My answer is True

10) The Corporation owning all or majority of another corporation is known as the parent company?
True or False

My answer is True

11) The investor carrying an investment by the equity method records cash as dividend receive as an increase in the carrying amount of the investment?
True or false

My answer is False

12) Ordinarily a corporation owning a significant portion of the voting stock of another corporation accounts for the investment using the equity method?
True or False

My answer is True

13) Unrealized gains or losses are reported as other comprehensive income items until the related securities are sold, the gains and losses become realized and are included in determining net income?
True or false

My answer is False

14) Any difference between the fair market values of the securities and their cost is a realized gain or loss?
True or False

My answer is True

15) Available for sale securities that management expect to sale in the future, but not actively traded for profit?
True or False

My answer is False

16) Although marketable securities may be retained for several years, they continue to be classified as temporary, provided they are readily marketable and can be sold for cash at any time?
True or False

My answer is False

17) The cumulative effect of other comprehensive income items is included in retained earnings, on the balance sheet, as accumulated other comprehensive income?
True or False

My answer is True

18) comprehensive income is all changes in stockholder equity during the period except those resulting from dividend and stockholders investment?
True or False

My answer is true

19) The amortization of discount on bonds purchased as long term investment increases the amount of the investment account?
True Or false My answer is True

20) As with other assets, the cost of bonds investment include all costs related to the purchase?
True or False

My answer is True

Accounting Help Please!!!!?

1) Zach company owns 40% of the voting stock of Tomas Corporation and uses the equity method in recording this investment. Tomas Corporation reported $20,000 net loss. Zach’s corporation Entry would include a?
A) Debit to loss of account for $8,000
B)Debit to investment account for $8,000
C)Debit to investment account for $20,000
D)credit to investment account for $8,000

2) The account unrealized Loss on temporary investment in stock should be include in the?
A) Income statement
B)Balance sheet as an addition to temporary investment in stock
C) statement of retained earnings
D) Balance sheet as a deduction in stockholders equity.

3) Which of he following investments below should be accounted for by using the cost method?
A) Long term investment in stock where the investor does have significant influence over the investee
B) Temporary investment in stock
C) Temporary investment in stock and long-term investment in stock where the investor does not have a significant influence over the investee
D) Long-term investment in stock where the investor does not have a significant influence over investee

4) Which of the following is not part of comprehensive income?
A) Unrealized gains or losses
B)Foreign currency items
C) pension liability adjustment
D) restructuring charges

5) Which of the following would be considered an ” Other Comprehensive Income” item?
A)Extraordinary loss related to flood
B) gain on disposal of discontinued operation
C) unrealized loss on available for sale securities
D) Net Income

6) The account investment in bonds is reported
A) At fair market value because that is all that is required
B) At cost as a long term liability along with current portion reported as a current liability
C) At cost as long term asset
D) At cost as a long term less discount on bond investment or plus premium on bonds investment

7) On June 1, $400,000 of bonds were purchased as a long term investment at 101.5 and $500 was paid as the brokerage commission. If the bonds bear interest at 12% which is paid semiannually on January 1st and July 1st. what is the total cost to be debited to the investment account?
A) $406,500
B) $400,000
C) $405,500
D) $ 402,000
On June 1, $400,000 of bonds were purchased as long term investment at 97.5 and $500 was paid as the brokerage commission. If the bonds bear interest at 12% which is paid semiannually on January 1 and July 1. what is the total cost to be debited to the investment account?
A) $390,000
B) $390,500
C) $400,500
D) $ 400,000

9) The financial statement resulting from combining parent and subsidiary statement are called consolidated statements?
True or false

10) The Corporation owning all or majority of another corporation is known as the parent company?
True or False

11) The investor carrying an investment by the equity method records cash as dividend receive as an increase in the carrying amount of the investment?
True or false

12) Ordinarily a corporation owning a significant portion of the voting stock of another corporation accounts for the investment using the equity method?
True or False

13) Unrealized gains or losses are reported as other comprehensive income items until the related securities are sold, the the gains and losses become realized and are included in determining net income?
True or false

14) Any difference between the fair market values of the securities and their cost is a realized gain or loss?
True or False

15) Available for sale securities that management expect to sale in the future, but not actively traded for profit?
True or False

16) Although marketable securities may be retained for several years, they continue to be classified as temporary, provided they are readily marketable and can be sold for cash at any time?
True or False

17) The cumulative effect of other comprehensive income items is included in retained earnings, on the balance sheet, as accumulated other comprehensive income?
True or False

18) comprehensive income is all changes in stockholder equity during the period except those resulting from dividend and stockholders investment?
True or False

19) The amortization of discount on bonds purchased as long term investment increases the amount of the investment account?
True Or false

20) As with other assets, the cost of bonds investment include all costs related to the purchase?
True or False

Just need someone to check my answers!?

1) Zach company owns 40% of the voting stock of Tomas Corporation and uses the equity method in recording this investment. Tomas Corporation reported $20,000 net loss. Zach’s corporation Entry would include a?
A) Debit to loss of account for $8,000
B)Debit to investment account for $8,000
C)Debit to investment account for $20,000
D)credit to investment account for $8,000

My answer is D

2) The account unrealized Loss on temporary investment in stock should be include in the?
A) Income statement
B)Balance sheet as an addition to temporary investment in stock
C) statement of retained earnings
D) Balance sheet as a deduction in stockholders equity.

My answer is B

3) Which of he following investments below should be accounted for by using the cost method?
A) Long term investment in stock where the investor does have significant influence over the investee
B) Temporary investment in stock
C) Temporary investment in stock and long-term investment in stock where the investor does not have a significant influence over the investee
D) Long-term investment in stock where the investor does not have a significant influence over investee

My answer is C

4) Which of the following is not part of comprehensive income?
A) Unrealized gains or losses
B)Foreign currency items
C) pension liability adjustment
D) restructuring charges

My answer is C

5) Which of the following would be considered an ” Other Comprehensive Income” item?
A)Extraordinary loss related to flood
B) gain on disposal of discontinued operation
C) unrealized loss on available for sale securities
D) Net Income

My answer is C

6) The account investment in bonds is reported
A) At fair market value because that is all that is required
B) At cost as a long term liability along with current portion reported as a current liability
C) At cost as long term asset
D) At cost as a long term less discount on bond investment or plus premium on bonds investment

My answer is B

7) On June 1, $400,000 of bonds were purchased as a long term investment at 101.5 and $500 was paid as the brokerage commission. If the bonds bear interest at 12% which is paid semiannually on January 1st and July 1st. what is the total cost to be debited to the investment account?
A) $406,500
B) $400,000
C) $405,500
D) $ 402,000

My answer is C
On June 1, $400,000 of bonds were purchased as long term investment at 97.5 and $500 was paid as the brokerage commission. If the bonds bear interest at 12% which is paid semiannually on January 1 and July 1. what is the total cost to be debited to the investment account?
A) $390,000
B) $390,500
C) $400,500
D) $ 400,000

My answer is C

9) The financial statement resulting from combining parent and subsidiary statement are called consolidated statements?
True or false

My answer is True

10) The Corporation owning all or majority of another corporation is known as the parent company?
True or False

My answer is True

11) The investor carrying an investment by the equity method records cash as dividend receive as an increase in the carrying amount of the investment?
True or false

My answer is False

12) Ordinarily a corporation owning a significant portion of the voting stock of another corporation accounts for the investment using the equity method?
True or False

My answer is True

13) Unrealized gains or losses are reported as other comprehensive income items until the related securities are sold, the gains and losses become realized and are included in determining net income?
True or false

My answer is False

14) Any difference between the fair market values of the securities and their cost is a realized gain or loss?
True or False

My answer is True

15) Available for sale securities that management expect to sale in the future, but not actively traded for profit?
True or False

My answer is False

16) Although marketable securities may be retained for several years, they continue to be classified as temporary, provided they are readily marketable and can be sold for cash at any time?
True or False

My answer is False

17) The cumulative effect of other comprehensive income items is included in retained earnings, on the balance sheet, as accumulated other comprehensive income?
True or False

My answer is True

18) comprehensive income is all changes in stockholder equity during the period except those resulting from dividend and stockholders investment?
True or False

My answer is true

19) The amortization of discount on bonds purchased as long term investment increases the amount of the investment account?
True Or false My answer is True

20) As with other assets, the cost of bonds investment include all costs related to the purchase?
True or False

My answer is True

What is the type of investing that you invest in gold and silver?

I learned it in my econ class and I just forgot the term they gave for that type of investing

When you invest in gold and silver how do you make a profit from it I dont understand?

Okay I now that I should buy it but should I just keep them ? I need a brief explanation on this

What is the best type of GOLD and SILVER to invest in?

I am no expert in gold and silver but I am trying to prepare for the future hyperinflation and I hear that gold and silver are stable and wont change in value too much.

So what is the best kind to invest in? What type of gold and silver?
Is it more valued in jewelry form?

Anyone here invest in Gold and Silver?

Is there anyone here who is investing in gold and silver? What do you have to do with possession of gold and silver? Does the value of these metals increase if they’re kept in the bank? Is money shifted over to MM and Savings from the increase in value? Do you keep it in the home outside banks? What is the best strategy for investing in precious metals?

How much money should you invest in Precious Metals like silver and gold for your portfolio?

about what percentage is good for your portfolio when investing in physical gold and silver.

What is better investing in stocks or mutual funds?

Is it better to choose your stocks to invest in and invest in mutual funds? What are the costs or mutual funds? What are the pros and cons?

How much of a return will I get for investing 300 dollars a month in Mutual Funds for 20 years?

Investing. I’ve read and listen to this Dave Ramsey which is a Financial GOD so to speak. He said to invest into Mutual Funds is the best thing you can do. I’m not much of an investor but was wondering what kind of returns will I get?

Where do I learn about investing in mutual funds?

Can you suggest some sources (books or online websites) where I will learn how to invest in mutual funds? If you suggest books, please suggest only those which are easily available in India.

How are Vanguard Mutual Funds? Would investing in a Mutual Fund be wise given the economy?

And I have also heard some talk of this being a Double dip recession. How will that affect Mutual Funds?

Should we invest in Mutual Funds investing in Soft Commodities or precious metails or energy related funds?

GILSON DCRUZ

how do I start investing in mutual funds?

I don’t know which ones are good or where to start? A friend said I should start at a charles swab. Which ones are good, I’m 32 years old and don’t mind high risk right now.

One other question. Mutual funds are made up of several stocks now do these stocks ever change or are they always the same stocks?

WHICH IS BETTER Investing in MUTUAL FUNDS OR SHARES trading?

Please suggest me plan for yearly investment of 10000/- for say 10 years which will yield higher return?how much can i expect net return from investing in mutual funds by investing 10000/- per year for 10 years?
I am asking for plans,i mean which mutual fund scheme should i go for or should i go for unit linked insurance or pnsion plan and if yes then which company’s plan?

What’s the most effective way to gain confidence in investing in mutual funds?

What’s the best mutual funds for a time like today?

Has anybody lost money by investing in MUTUAL FUNDS?

If yes, then how? What are the precautions one must take while investing in Mutual Funds.

Is UNIT TRUST equally safe? What is the difference between Unit Trust and Mutual Funds?