Professional Documents
Culture Documents
Chapter 5
(Ignore Section 2 Cash Flow Statement)
Usefulness
o
Limitations
Classification
Working Capital
Current/Long-Term Assets
Cash
Receivables
A/R
Inventories
Prepaid Expenses
Investments
Noncurrent Investments
Property, Plant, and Equipment
Intangibles
Other Assets
Current/Long-Term Liabilities
AFM 391
Current Liabilities
Accounts Payable
Accrued Liabilities (Wages Payable, Interest Payable,
etc)
Short-term Debt
Taxes Payable
Current Maturity of LT-debt
Long-Term Liabilities
Bonds & Notes Payable
Lease Obligations
Pension Obligations
Owners Equity
Additional Information/Disclosure