Business, 18.08.2021 23:10, lattimorekeonna1
Financial Statement Notes The notes to financial statements present information on significant accounting policies, complex or special transactions, details of reported amounts, commitments, contingencies, segments, quarterly data, and subsequent events. Indicate which type of note disclosure is illustrated by each of the following notes: a. The company has agreed to purchase seven EMB-120 aircraft and related spare parts. The aggregate cost of these aircraft is approximately $52,000,150, subject to a cost escalation provision. The aircraft are scheduled to be delivered over the next two fiscal years. Answer b. The company has deferred certain costs related to major accounting and information systems enhancements that are anticipated to benefit future years. Upon completion, the related cost is amortized over a period not exceeding five years. Answer c. The company has guaranteed loans and leases of independent distributors approximating $27,500,000 as of December 31 of the current year. Answer d. An officer of the company is also a director of a major raw material supplier of the company. The amount of raw material purchases from this supplier approximated $595,000 in the current year. Answer
Answers: 1
Business, 21.06.2019 17:10, taniyahreggienae
Acompany's income statement showed the following: net income, $145,000 and depreciation expense, $36,300. an examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,500; merchandise inventory increased $22,200; and accounts payable increased $5,500. calculate the net cash provided or used by operating activities. $209,500 $139,000 $176,100 $186,500 $142,100
Answers: 2
Business, 22.06.2019 13:00, eggoysters
Dakota products has a production budget as follows: may, 16,000 units; june, 19,000 units; and july, 24,000 units. each unit requires 3 pounds of raw material and 2 direct labor hours. dakota desires to keep an inventory of 10% of the next monthโs requirements on hand. on may, 1 there were 4,800 pounds of raw material in inventory. direct labor hours required in may would be:
Answers: 1
Business, 22.06.2019 13:40, deezzzy
After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases. b. the marginal cost of going to ft. lauderdale decreases. c. the marginal benefit of going to cancun increases. d. the marginal benefit of going to ft. lauderdale decreases.
Answers: 2
Financial Statement Notes The notes to financial statements present information on significant accou...
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