Course Assignments
Homework #1 :Introduction to Financial Accounting (Business Foundations Specialization) Answers 2026
✅ Question 1 Who is responsible for preparing a company’s financial statements? ❌ The company’s tax department❌ The Financial Accounting Standards Board❌ The company’s external auditor❌ The audit committee of the Board of Directors✅ Company management Explanation:Financial statements company management prepare karti hai. Auditor sirf verify karta hai, banata nahi. ✅ Question 2 Which of… <a href="https://codeshala.io/platform/coursera/course/introduction-to-financial-accounting-business-foundations-specialization/assignment/homework-1introduction-to-financial-accounting-business-foundations-specialization-answers-2026/" rel="bookmark"><span class="screen-reader-text">Homework #1 :Introduction to Financial Accounting (Business Foundations Specialization) Answers 2026</span></a>
Homework #2 :Introduction to Financial Accounting (Business Foundations Specialization) Answers 2026
✅ Question 1 Which transactions would produce $10,000 of revenue in December? ❌ BOC Realty leases space for Dec & Jan, prepaid $20,000 in Nov✅ BOC Realty leases space for December and tenant pays $10,000 in December✅ BOC Bank is owed $10,000 interest for December, paid in January✅ BOC Realty leases space for December and… <a href="https://codeshala.io/platform/coursera/course/introduction-to-financial-accounting-business-foundations-specialization/assignment/homework-2-introduction-to-financial-accounting-business-foundations-specialization-answers-2026/" rel="bookmark"><span class="screen-reader-text">Homework #2 :Introduction to Financial Accounting (Business Foundations Specialization) Answers 2026</span></a>
Homework #3 :Introduction to Financial Accounting (Business Foundations Specialization) Answers 2026
Question-wise Correct Answers Q1. Cash flow from Operating Activities ✅ Collections from customers✅ Payments for salaries and wages❌ Purchases of equipment❌ Loss on sale of equipment❌ Amortization of a patent Q2. Cash flow from Investing Activities ❌ Purchases of inventory✅ Proceeds from selling equipment❌ Proceeds from issuing stock✅ Payments to acquire a company❌ Depreciation on… <a href="https://codeshala.io/platform/coursera/course/introduction-to-financial-accounting-business-foundations-specialization/assignment/homework-3-introduction-to-financial-accounting-business-foundations-specialization-answers-2026/" rel="bookmark"><span class="screen-reader-text">Homework #3 :Introduction to Financial Accounting (Business Foundations Specialization) Answers 2026</span></a>
Final Exam, Part 1 :Introduction to Financial Accounting (Business Foundations Specialization) Answers 2026
Question-wise Correct Answers Q1. Sale on credit ($10,000 sale; cost $8,000) ✅ Total Assets (A/R increase)❌ Inventory (inventory decreases)❌ Total Liabilities✅ Revenue✅ Accounts Receivable Q2. Inventory purchased on credit ($50,000) ✅ Current Liabilities (A/P increases)❌ Cash from Operations (no cash yet)✅ Inventory❌ Total Stockholders’ Equity❌ Cost of Goods Sold Q3. Cash collected for last quarter’s… <a href="https://codeshala.io/platform/coursera/course/introduction-to-financial-accounting-business-foundations-specialization/assignment/final-exam-part-1-introduction-to-financial-accounting-business-foundations-specialization-answers-2026/" rel="bookmark"><span class="screen-reader-text">Final Exam, Part 1 :Introduction to Financial Accounting (Business Foundations Specialization) Answers 2026</span></a>
Final Exam, Part 2 :Introduction to Financial Accounting (Business Foundations Specialization) Answers 2026
Question 1 Cash Flow from OperationsCash collected = 100Cash paid (suppliers + employees) = 60 + 30 = 90Loss on sale of equipment is non-cash → ignored in CFO 👉 CFO = 100 − 90 = 10 ✅ $10❌ $20❌ $15❌ $5❌ $25 Question 2 Net Income = EBITDA − Depreciation − Interest − Taxes=… <a href="https://codeshala.io/platform/coursera/course/introduction-to-financial-accounting-business-foundations-specialization/assignment/final-exam-part-2-introduction-to-financial-accounting-business-foundations-specialization-answers-2026/" rel="bookmark"><span class="screen-reader-text">Final Exam, Part 2 :Introduction to Financial Accounting (Business Foundations Specialization) Answers 2026</span></a>