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Question: Compare EACH of below Tesla's accounting policies to its competitor General Motors (any specific differences that exist), and how each of those differences will impact the comparability of the company's reported results. Accounting policies are below-
1- Principles of Consolidation-
2- Revenue Recognition Revenue by source
3- Automotive Segment
4- Direct Vehicle Operating Leasing Program
5- Services and Other Revenue
6-Energy Generation and Storage Segment
7-Research development cost
8- Comprehensive Income
9-Stock based compensation
10- Supply risk
Pete plans to repay Lynn at the end of 7 years with 10% interest compounded semiannually. How much will Lynn receive at the end of 7 years
Ignore the effect of taxes. What will be the new degree of operating leverage for output levels of 19,000 units and 17,000 units?
Smiley, Inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. The punch has a first cost of $100,000 and a useful life of 15 years. At the end of its useful life, the punch has no salvage value..
Calculate the amount of the firm's income before tax? Banana Box Corporation has sales of $4,319,085; income tax of $534,398; the selling
BetaVac is considering a rights issue to raise $70 million to finance a new project. What is the value of one right
Draw a graph (NPV schedule), where you will show the NPV of each project as a function of its discount rate (i.e., NPV on the vertical axis)
If the CFO wishes to sell MYR100,000 at 3 month forward, what is the premium or discount, for three - month forward in annual percentage terms?
When it is difficult to distinguish between a change in accounting estimate and a change in accounting policy, the change is treated as
The bonds which mature in 10 years were sold at the current market interest rate is 7.0%. The selling price for 65 units of bonds would most probably be nearest
On January 1, 2018, HTL Manufacturers issued $100 million of 8% convertible debentures. Prepare the journal entries to record the debt issue and conversion.
Determine the type of leadership style practiced by Mr and Mrs Ramli. D'Sintok is a restaurant based in Sintok. It was formed in 1994 by Mr and Mrs Ramli.
Which main impact of this growth on the external audit approach is likely to be an increasing emphasis on audit evidence obtained
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