find the correct period and interest rate for the calculation.( Points: 20)
Question 5.( TCO C) This is a 2-part question. Part 1) Indicate which section of the statement of cash flows should contain each of the following items, and whether each item would result in an inflow or outflow of cash. The sections are Operating, Investing, and Financing.( 30 points) Part 2) Please explain how to calculate free cash flow and the importance of free cash flow to investors.( 6 points)( Points: 36)
Q-5 Set 2 5. The Alpha Company gathered the following condensed data for the year ended December 31, 2014: Instructions:( 1) Prepare a multiple-step income statement for the year ended December 31, 2014.
( 2) Compute the gross margin percentage and net profit margin ratio. Alpha Company’ s assets at the beginning of the year were $ 1,500,000, and the assets were $ 1,400,000 at the end of the year. To qualify for full credit, you must state the formula you are using, show your computations, and explain your findings.
Question 6.( TCO F) This is a 2-part question. Part 1) Journalize the adjusting entries below at year-end December 31, XXXX. Please share your supporting calculations for the adjusting entries requiring computations.( a) The unadjusted balance of the Supplies account is $ 2,200. The total cost of supplies remaining is $ 1,000.( b) Accrued Service Revenue of $ 9,000.