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 .