ECON 201 Study Guide - Midterm Guide: Accounts Payable, Debt Ratio, Cash Flow

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1 Oct 2018
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ECON 201 Full Course Notes
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ECON 201 Full Course Notes
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Document Summary

A metaphor used to illustrate how an individual pursuing his own interests also tends to promote the good of the community. Fiduciary: balance sheet you are evaluating the balance sheet for campus corporation. From the balance sheet you find the following balances: cash and marketable securities = ,000, Accounts receivable = ,000, inventory = ,000, accrued wages and taxes = ,400, Accounts payable = ,000, and notes payable = ,000. 685000-939400= -254400: statement of cash flows ann"s flowers inc. reported 2008 net income of . 50 million and depreciation of ,000. The top part ann"s flowers, inc. "s 2007 and 2008 balance sheets is listed below (in millions of dollars). Net cash flow from operating activities: ,365,000: balance sheet nicole corporation"s year-end 2009 balance sheet lists current assets of. ,000, fixed assets of ,000, current liabilities of ,000, and long-term debt of.