{"id":4001,"date":"2021-09-16T06:57:04","date_gmt":"2021-09-16T06:57:04","guid":{"rendered":"https:\/\/assignmenttask.com\/answers\/?p=4001"},"modified":"2023-09-20T12:24:43","modified_gmt":"2023-09-20T12:24:43","slug":"hi5020-corporate-accounting-assignment-answer","status":"publish","type":"post","link":"https:\/\/assignmenttask.com\/answers\/hi5020-corporate-accounting-assignment-answer\/","title":{"rendered":"HI5020 -Corporate Accounting Assignment Answer"},"content":{"rendered":"<h2 style=\"text-align: center;\"><strong>HI5020 -Corporate Accounting in The Business Organization<\/strong><\/h2>\n<blockquote><p>Are you studying in <a href=\"https:\/\/assignmenttask.com\/australia\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Australia<\/strong><\/a> and looking for\u00a0<a href=\"https:\/\/assignmenttask.com\/accounting\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><span data-preserver-spaces=\"true\">Accounting Assignment help<\/span><\/strong><\/a><span data-preserver-spaces=\"true\">? If yes, then your research ends at\u00a0<\/span><a href=\"https:\/\/assignmenttask.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><span data-preserver-spaces=\"true\">Assignment Task<\/span><\/strong><\/a><span data-preserver-spaces=\"true\">. Get the best solution of HI5020 -Corporate Accounting Assignment from our leading experts. If you have any queries regarding the assignment help material provided to you, then connect with us through our 24\/7 live chat support facility. You can also get <a href=\"https:\/\/assignmenttask.com\/free-samples\/accounting-assignment-sample.html\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>free accounting assignment samples<\/strong><\/a> and PDFs instantly with valuable vital points.<\/span><\/p><\/blockquote>\n<p><a href=\"https:\/\/assignmenttask.com\/order-now.php\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-3656 size-full lazyload\" title=\"Order Now\" data-src=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/08\/order-now.jpg\" alt=\"Order Now\" width=\"700\" height=\"87\" data-srcset=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/08\/order-now.jpg 700w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/08\/order-now-300x37.jpg 300w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/08\/order-now-360x45.jpg 360w\" data-sizes=\"(max-width: 700px) 100vw, 700px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 700px; --smush-placeholder-aspect-ratio: 700\/87;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-3656 size-full\" title=\"Order Now\" src=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/08\/order-now.jpg\" alt=\"Order Now\" width=\"700\" height=\"87\" srcset=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/08\/order-now.jpg 700w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/08\/order-now-300x37.jpg 300w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/08\/order-now-360x45.jpg 360w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/noscript><\/a><\/p>\n<p><strong>ASSIGNMENT DETAILS:<\/strong><\/p>\n<ul>\n<li><strong>Referencing Styles<\/strong>: Harvard<\/li>\n<li><strong>Pages<\/strong>: 1750<\/li>\n<li><strong>Course Code<\/strong>: HI5020<\/li>\n<li><strong>Course Title<\/strong>: Corporate Accounting<\/li>\n<li><strong>University<\/strong>: Holmes Institute<\/li>\n<li><strong>Country<\/strong>: AU<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>QUESTION:<\/strong><\/p>\n<p>The income statement submitted with the application shows a net income of $30,000 in the first year of operations. Referring to the balance sheet, this net income represents a more-than-acceptable 15% rate of return on assets of $200,000.<\/p>\n<p>Matt&#8217;s concern stems from his recollection that the $100,000 note payable reported on the balance sheet is a three-year loan from his bank, approved earlier this year. He recalls another promising new company that, just recently, defaulted on its loan due to its inability to generate sufficient cash flows to meet its loan obligations.<\/p>\n<p>Seeing Matt&#8217;s hesitation, Larry Bling, the CEO of Aggressive Corporation, closes the door to the conference room and shares with Matt that he owns several other businesses. He says he will be looking for a new CFO in another year to run Aggressive Corporation along with his other businesses and Matt is just the kind of guy he is looking for. Larry mentions that as CFO, Matt would receive a significant salary. Matt is flattered and says he will look over the loan application and get back to Larry concerning the $50,000 loan increase by the end of the week.<\/p>\n<p><strong>Required:<\/strong><\/p>\n<p><strong>(a)<\/strong> Prepare a statement of cash flows for Aggressive Corporation.<\/p>\n<p><strong>(b)<\/strong> Explain how Aggressive Corporation can have positive net income but negative operating cash flows.<\/p>\n<p><strong>(c)<\/strong> How does the finding of negative operating cash flows affect your confidence in the reliability of the net income amount?<\/p>\n<p><strong>(d)<\/strong> Why do you think Larry mentioned the potential employment position? Should the potential employment position with Aggressive Corporation have any influence on the loan decision?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HI5020 -Corporate Accounting in The Business Organization Are you studying in Australia and looking for\u00a0Accounting Assignment help? If yes, then your research ends at\u00a0Assignment Task. Get the best solution of HI5020 -Corporate Accounting Assignment from our leading experts. If you have any queries regarding the assignment help material provided to you, then connect with us through our 24\/7 live chat support facility. You can also get free accounting assignment samples and PDFs instantly with valuable vital points. ASSIGNMENT DETAILS: Referencing Styles: Harvard Pages: 1750 Course Code: HI5020 Course Title: Corporate Accounting University: Holmes Institute Country: AU &nbsp; QUESTION: The income <a href=\"https:\/\/assignmenttask.com\/answers\/hi5020-corporate-accounting-assignment-answer\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[655],"tags":[5620,3069,330,5683,5689,5680,5681,5691,2372,5687,5688],"_links":{"self":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/4001"}],"collection":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/comments?post=4001"}],"version-history":[{"count":4,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/4001\/revisions"}],"predecessor-version":[{"id":4005,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/4001\/revisions\/4005"}],"wp:attachment":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/media?parent=4001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/categories?post=4001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/tags?post=4001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}