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Unformatted text preview: CHAPTER 7 Receivables and Investments OVERVIEW OF EXERCISES, PROBLEMS, AND CASES Estimated Time in Learning Outcomes Exercises Minutes Level 1. Show that you understand how to account for accounts 1 10 Mod receivable, including bad debts. 2 25 Mod 13* 5 Easy 2. Explain how information about sales and receivables can 3 20 Mod be combined to evaluate how efficient a company is in collecting its receivables. 3. Show that you understand how to account for 4 15 Mod interestbearing notes receivable. 4. Explain various techniques that companies use to accelerate 5 20 Mod the inflow of cash from sales. 5. Show that you understand the accounting for and disclosure 6 15 Mod of various types of investments that companies make. 7 10 Easy 8 30 Mod 9 30 Mod 10 30 Mod 13* 5 Easy 6. Explain the effects of transactions involving liquid assets 11 5 Easy on the statement of cash flows. 12 5 Mod 13* 5 Easy *Exercise, problem, or case covers two or more learning outcomes Level = Difficulty levels: Easy; Moderate (Mod); Difficult (Diff) 71 72 FINANCIAL ACCOUNTING SOLUTIONS MANUAL Problems Estimated and Time in Learning Outcomes Alternates Minutes Level 1. Show that you understand how to account for accounts 1 30 Mod receivable, including bad debts. 2 15 Mod 8* 20 Mod 2. Explain how information about sales and receivables 3 30 Mod can be combined to evaluate how efficient a company is in collecting its receivables. 3. Show that you understand how to account for 8* 20 Mod interestbearing notes receivable. 4. Explain various techniques that companies use to accelerate 4 15 Mod the inflow of cash from sales. 5. Show that you understand the accounting for and disclosure 5 25 Mod of various types of investments that companies make. 6 20 Mod 6. Explain the effects of transactions involving liquid assets 7 45 Diff on the statement of cash flows. *Exercise, problem, or case covers two or more learning outcomes Level = Difficulty levels: Easy; Moderate (Mod); Difficult (Diff) CHAPTER 7 RECEIVABLES AND INVESTMENTS 73 Estimated Time in Learning Outcomes Cases Minutes Level 1. Show that you understand how to account for accounts 1 30 Mod receivable, including bad debts. 2* 25 Mod 4* 25 Mod 2. Explain how information about sales and receivables 3 25 Mod can be combined to evaluate how efficient a company is in collecting its receivables. 3. Show that you understand how to account for interestbearing notes receivable. 4. Explain various techniques that companies use to accelerate 5 25 Mod the inflow of cash from sales. 5. Show that you understand the accounting for and disclosure 4* 25 Mod of various types of investments that companies make. 6. Explain the effects of transactions involving liquid assets 2* 25 Mod on the statement of cash flows....
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 Spring '07
 Largay
 Financial Accounting

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