Financial Accounting for
Managers 1st Edition
ST
SOLUTIONS
UV
IA
MANUAL
_A
Wayne Thomas
PP
David Spiceland
Mark Nelson
RO
────────────────────────────────────────────────────
Comprehensive Solutions Manual for Instructors
VE
and Students
D?
© Wayne Thomas, David Spiceland & Mark Nelson. All rights reserved. Reproduction or
distribution without permission is prohibited.
?
© Successhands
, Solutions Manual for Financial Accounting for Managers (1st Edition)
Wayne Thomas, David Spiceland & Mark Nelson
ST
1. A Framework for Financial Accounting
2. The Financial Statements
3. The Accounting Cycle: During the Period
4. The Accounting Cycle: End of the Period
UV
5. Revenue and Receivables
6. Inventory and Cost of Goods Sold
7. Long-Term Assets
8. Cash and Investments
IA
9. Liabilities
10. Stockholders’ Equity
11. Statement of Cash Flows
_A
12. Financial Statement Analysis
PP
RO
VE
D?
?
© Successhands
, SOLUTION MANUAL FOR
FINANCIAL ACCOUNTING FOR MANAGERS 1ST EDITION BY WAYNE THOMAS
AND DAVID SPICELAND AND MARK NELSON
SMT
CHAPTER 1
A FRAMEWORK FOR FINANCIAL ACCOUNTING
UEDV
REAL WORLD PERSPECTIVES
RWP1-1 EDGAR Nike (ticker: NKE)
ICAO
Requirement 1
a. $23,717 million
b. $9,040 million
c. Total liabilities = Total assets – total shareholder’s equity
_NA
$23,717 – $9,040 = $14,677 million
Requirement 2
a. $39,117 million. Revenue increased from the previous year.
b. $4,029 million. Net income increased from the previous year.
PNPO
Requirement 3
a. Operating cash flow = $5,903 million. Operating cash flow was more positive
than the previous year.
b. Investing cash flow = −$264 million. Investing cash flow went from positive to
RISO
negative from the previous year.
c. Financing cash flow = −$5,293 million. Financing cash flow was more negative
than the previous year.
SVE
RWP1-2 EDGAR Netflix Inc (ticker: NFLX)
EDU
Requirement 1
a. Average paying membership increased by 23% and average monthly revenue per
paying membership increased by 5%.
b. $2,795,434 / $20,156,447 = 13.9%
c. $2,652,462, 13% of revenues
?R?
Requirement 2
a. $9,801,215 / $24,504,567 = 40%
b. $33,141 million
©McGraw Hill LLC. All rights reserved. No reproduction or further distribution permitted without the prior written consent of McGraw Hill LLC
Solutions Manual, Chapter 5 5-1
,SMT
UEDV
ICAO
_NA
PNPO
RISO
SVE
EDU
?R?
©McGraw Hill LLC. All rights reserved. No reproduction or further distribution permitted without the prior written consent of McGraw Hill LLC
5-2 Financial Accounting for Managers
Managers 1st Edition
ST
SOLUTIONS
UV
IA
MANUAL
_A
Wayne Thomas
PP
David Spiceland
Mark Nelson
RO
────────────────────────────────────────────────────
Comprehensive Solutions Manual for Instructors
VE
and Students
D?
© Wayne Thomas, David Spiceland & Mark Nelson. All rights reserved. Reproduction or
distribution without permission is prohibited.
?
© Successhands
, Solutions Manual for Financial Accounting for Managers (1st Edition)
Wayne Thomas, David Spiceland & Mark Nelson
ST
1. A Framework for Financial Accounting
2. The Financial Statements
3. The Accounting Cycle: During the Period
4. The Accounting Cycle: End of the Period
UV
5. Revenue and Receivables
6. Inventory and Cost of Goods Sold
7. Long-Term Assets
8. Cash and Investments
IA
9. Liabilities
10. Stockholders’ Equity
11. Statement of Cash Flows
_A
12. Financial Statement Analysis
PP
RO
VE
D?
?
© Successhands
, SOLUTION MANUAL FOR
FINANCIAL ACCOUNTING FOR MANAGERS 1ST EDITION BY WAYNE THOMAS
AND DAVID SPICELAND AND MARK NELSON
SMT
CHAPTER 1
A FRAMEWORK FOR FINANCIAL ACCOUNTING
UEDV
REAL WORLD PERSPECTIVES
RWP1-1 EDGAR Nike (ticker: NKE)
ICAO
Requirement 1
a. $23,717 million
b. $9,040 million
c. Total liabilities = Total assets – total shareholder’s equity
_NA
$23,717 – $9,040 = $14,677 million
Requirement 2
a. $39,117 million. Revenue increased from the previous year.
b. $4,029 million. Net income increased from the previous year.
PNPO
Requirement 3
a. Operating cash flow = $5,903 million. Operating cash flow was more positive
than the previous year.
b. Investing cash flow = −$264 million. Investing cash flow went from positive to
RISO
negative from the previous year.
c. Financing cash flow = −$5,293 million. Financing cash flow was more negative
than the previous year.
SVE
RWP1-2 EDGAR Netflix Inc (ticker: NFLX)
EDU
Requirement 1
a. Average paying membership increased by 23% and average monthly revenue per
paying membership increased by 5%.
b. $2,795,434 / $20,156,447 = 13.9%
c. $2,652,462, 13% of revenues
?R?
Requirement 2
a. $9,801,215 / $24,504,567 = 40%
b. $33,141 million
©McGraw Hill LLC. All rights reserved. No reproduction or further distribution permitted without the prior written consent of McGraw Hill LLC
Solutions Manual, Chapter 5 5-1
,SMT
UEDV
ICAO
_NA
PNPO
RISO
SVE
EDU
?R?
©McGraw Hill LLC. All rights reserved. No reproduction or further distribution permitted without the prior written consent of McGraw Hill LLC
5-2 Financial Accounting for Managers
