Financial Statement Analysis Workbook, 5th Edition

Financial Statements Exercises (Answers)

FINANCIAL STATEMENT ITEMS

Indicate in which of the principal financial statements each item appears.

Answer 1

Please indicate in which of the Financial Statements the following items belong.
Item	Balance Sheet	Income Statement	Statement of Cash Flows
Accounts Payable	x
Accumulated Depreciation	x
Adjusted Net Income	x
Capital Expenditures	x
Cash and Equivalents—Change	x
Common Shares Outstanding	x
Current Debt—Changes	x
DIRECT OPERATING ACTIVITIES	x
Earnings per Share (Fully Diluted)	x
Earnings per Share (Primary) ‐	x
Equity in Net Loss (Earnings)	x
Extraordinary Items	x
Financing Activities—Net Cash Flow	x
Gross Plant, Property, & Equipment	x
Income before Extraordinary Items	x	x
INDIRECT OPERATING ACTIVITIES	x
Interest Paid—Net	x
INVESTING ACTIVITIES	x
Investment Tax Credit	x
Long‐Term Debt Due in One Year	x
Minority Interest	x	x
Net Receivables	x
Operating Activities—Net Cash Flow	x
Other Assets and Liabilities—Net Change	x
Other Investments	x
Preferred Stock—Nonredeemable	x
Pretax Income	x
Retained Earnings	x
Sale of Property, Plant, and Equipment	x
Selling, General, & Administrative Expense	x
Stock Equivalents	x
Total Current Assets	x
Total Income Taxes	x
Total Preferred Stock	x

Answer 2

Please indicate in which of the Financial Statements the following items belong.
Item	Balance Sheet ...