What is the impact on cash from Sony

Sony signs deal to sell old Tokyo headquarters and nearby building • Sold for

Question 1 Would the sale of the Tokyo buildings be a source of cash

Question 2 In which section of Sony’s statement of cash flows for 2014 would

Question 3 In which section of Sony’s statement of cash flows for 2014 would

Question 4 Do you think the sale of Sony buildings in 2013 and 2014

Question Recap 1. 2. 3. 4. Would the sale of the Tokyo buildings be

For additional news stories to use in the accounting classroom, see the Accounting in

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What is the impact on cash from Sony selling its old Tokyo headquarters? Original blog posting (March 24, 2014) Copyright © 2014 by Dr. Wendy Tietz. This work is licensed under a Creative Commons Attribution. Non. Commercial 3. 0 Unported License.

Sony signs deal to sell old Tokyo headquarters and nearby building • Sold for $156 million • Building served as Sony’s headquarters from 1990 to 2007 • Follows the sale of Sony’s New York and Osaka buildings in 2013 • Sony has said that it expects a loss of $1. 1 billion for its fiscal year 2014 Copyright © 2014 by Dr. Wendy Tietz. This work is licensed under a Creative Commons Attribution. Non. Commercial 3. 0 Unported License.

Question 1 Would the sale of the Tokyo buildings be a source of cash or a use of cash for Sony? Copyright © 2014 by Dr. Wendy Tietz. This work is licensed under a Creative Commons Attribution. Non. Commercial 3. 0 Unported License.

Question 2 In which section of Sony’s statement of cash flows for 2014 would the proceeds from the sale of the Tokyo buildings be reported (operating, investing, or financing)? Copyright © 2014 by Dr. Wendy Tietz. This work is licensed under a Creative Commons Attribution. Non. Commercial 3. 0 Unported License.

Question 3 In which section of Sony’s statement of cash flows for 2014 would the operating loss be reported (operating, investing, or financing)? Copyright © 2014 by Dr. Wendy Tietz. This work is licensed under a Creative Commons Attribution. Non. Commercial 3. 0 Unported License.

Question 4 Do you think the sale of Sony buildings in 2013 and 2014 is related to its projected operating loss? Why or why not? Copyright © 2014 by Dr. Wendy Tietz. This work is licensed under a Creative Commons Attribution. Non. Commercial 3. 0 Unported License.

Question Recap 1. 2. 3. 4. Would the sale of the Tokyo buildings be a source of cash or a use of cash for Sony? In which section of Sony’s statement of cash flows for 2014 would the proceeds from the sale of the Tokyo buildings be reported (operating, investing, or financing)? In which section of Sony’s statement of cash flows for 2014 would the operating loss be reported (operating, investing, or financing)? Do you think the sale of Sony buildings in 2013 and 2014 is related to its projected operating loss? Why or why not? Copyright © 2014 by Dr. Wendy Tietz. This work is licensed under a Creative Commons Attribution. Non. Commercial 3. 0 Unported License.

For additional news stories to use in the accounting classroom, see the Accounting in the Headlines blog at http: //accountingintheheadlines. com/ Related video resources can be found at http: //www. youtube. com/user/accountingheadlines Questions or comments? Contact Dr. Wendy Tietz at wtietz@kent. edu Copyright © 2014 by Dr. Wendy Tietz. This work is licensed under a Creative Commons Attribution. Non. Commercial 3. 0 Unported License.

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