S 1 2- 4 (L earn i ng Obj ec tiv es 1 , 2: U se cash -fl o w da t a t o e v al u a t e p er f or m a

Stuck with a difficult assignment? No time to get your paper done? Feeling confused? If you’re looking for reliable and timely help for assignments, you’ve come to the right place. We promise 100% original, plagiarism-free papers custom-written for you. Yes, we write every assignment from scratch and it’s solely custom-made for you.


Order a Similar Paper Order a Different Paper

S12-4 (Learning Objectives 1, 2: Use cash-flow data to evaluate performance) Top managers of Harmony Inns are reviewing company performance for 2012. The income statement reports a 20% increase in net income over 2011. However, most of the increase resulted from a gain on insurance proceeds from fire damage to a building. The balance sheet shows a large increase in receivables. The cash flows statement, in summarized form, reports the following:

 

 

 

Net cash used for operating activities ………………….

$(71,500)

Net cash provided by investing activities ……………..

43,000

Net cash provided by financing activities …………….

36,000

Increase  in cash  during  2012 ……………………………..

$   7,500

 

 

 

Write a memo giving Harmony Inns’ managers your assessment of 2012 operations and your outlook for the future. Focus on the information content of the cash flows data.

Writerbay.net

We’ve proficient writers who can handle both short and long papers, be they academic or non-academic papers, on topics ranging from soup to nuts (both literally and as the saying goes, if you know what we mean). We know how much you care about your grades and academic success. That's why we ensure the highest quality for your assignment. We're ready to help you even in the most critical situation. We're the perfect solution for all your writing needs.

Get a 15% discount on your order using the following coupon code SAVE15


Order a Similar Paper Order a Different Paper