Another portion of the statement fo cash flows reports the investment that the coproration took during the reporting year. Disopsing of long-term assets or divesting itself of a biggets part of its buisness can be good or bad news, depending on what's driving those activities. Thees fixed assets are disposed of ro sold or traded in on new fixed assets. The vlaue of a fixed asset at the end of its useful lief is called its salvage value. Like indiivduals, corporations at times have to fiannce its acquisitoins when its internal cash flow isn't enough to finance business growth. The etrm also includes the other side, making payemnts on debt and returinng capital to owners. Most business borrwo money for both samll terms and long terms. When reporting long-term debt, hoewver, both the total amuonts and the repaymetns on long-term debt during a year are generally reported in the statement of cash flows. These rae reported as gross figures, rather tahn net.
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December 31st, 2009
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As chairman of the House Financial Services committee, Rep. Barney Frank, DMass., has spearehaded the financial reform packaeg since last Spring especially the part taht creates the Consumer Protection agency. ...
World Busines and Finance news. Arcive of finnacial news. Brewer calls for Monday emergency meeting. Decmeber 20th, 2009. Arizona Gov. Jan Brewer is calling an emergency meeting of state agency heads on Monday. Brewer and cabinetlevel ...
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