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Question 1: For the Net fixed assets of Netflix, do we have to sum Non-current content assets, Property and equipment and Other non-current assets? or just Property and Equipment?
Question 2: Also, current content liabilities will be considered short term debt when trying to obtain Net Debt? or just long term debt?
Simmons Corporation owns stock of Armstrong, Inc. Prior to 2014, the investment was accounted for using the equity method. In early 23014, Simmons sold part of its investment in Armstrong, and began using the fair value method. In 2014, Armstrong ear..
why might a manager of a company using absorption costing produce more units then can currently be sold?
Use the accounting equation to accounts would be debited or credited from the following transactions:
What is the total present value of the project?
find out the shareholders equityconstruct a balance sheet for xyz company from the following data. whats the
This research question consists of a case study: You are a graduate accountant working for McKenzie and Associates a public accounting firm. The manager of your firm, Ms Maria McKenzie has asked you to draft a letter in response to an email receive..
Compute the cost of units completed during the month. What was the total cost of units sold during the month? What are ending inventory balances?
The premerger debt is $5, the premerger equity is $10. The risk free rate is 6%. The premerger beta is 1.36. The tax rate is 40%. The cost of debt premerger is 11%. The expected market rate of return is 10%. The cash flows are: CF0 = 0; CF1 = 4,000,0..
Village council of the Village of Elizabeth planning to construct a new office building. Please make journal entries for the following events for the building capital project fund. Received $50,000 short term loan from the general fund. The bond with..
The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $64 on December 31, 2016. Determine the following measures for 2016, rounding to one decimal place, except for dollar amounts, which sh..
The petty cash fund had an intial balance of $210
Arnold Schwartz, the CFO, calls you, asking how to treat these transactions. Prepare a tax memo dated June 18, 2008, indicating what you told Arnold over the phone.
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