solarion06 asked:


Indicate the effects of the following transactions on net long-term financing (NLF), working capital requirement (WCR), net short-term financing (NSF), and net profit. Use + to indicate an increase, - to indicate a decrease, and 0 to indicate no effect.

Shares are issues for cash
Good from inventory are sold for cash
Good from inventory are sold on account
A fixed asset is sold for cash for less than book value
A fixed asset is sold for cash for more than book value
Corporate income tax is paid
Payment is made to trade creditors
Cash is obtained through a short-term bank loan
Cash is obtained through a long-term bank loan
A cash dividend is declared and paid
Accounts receivable are collected
Merchandise is purchased on account
Cash advances are made to employees
Minority interest in a firm is acquired for cash
Equipment is acquires for cash

Payday Loan