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Post-Balance-Sheet Events or each of the following subsequent (post-balance-sheet) events, indicate whether a company should
(a) Adjust the financial statements, (b) Disclose in notes to the financial statements, or (c) Neither adjusts nor disclose.
______ 1. Settlement of federal tax case at a cost considerably in excess of the amount expected at year-end.______ 2. Introduction of a new product line______ 3. Loss of assembly plant due to fire______ 4. Sale of a significant portion of the company's assets______ 5. Retirement of the company president______ 6. Issuance of a significant number of shares of common stock ______ 7. Loss of a significant customer______ 8. Prolonged employee strike.______ 9. Material loss on a year-end receivable because of a customer's bankruptcy______ 10. Hiring of a new president______ 11. Settlement of prior year's litigation against the company______ 12. Merger with another company of comparable size
the following overhead cost information is available activity-------allocation base---------overhead cost
Strategic human resource management is the proactive management of people. It requires thinking ahead, and planning ways for a company to better meet the needs of its employees, and for the employees to better meet the needs of the company.
What does it mean if a company such as Wal-Mart has net income, increasing total assets, and a lower return on assets? Is this a good thing or a bad thing?
robin sold the following assets business equipment for a 6000 loss stock investment for a 15000 loss and her principal
Dividends on common stock were $2.05 per share and dividends on preferred stock were $1.80 per share. The earnings per share of common stock is closest to:
during april leary company sold 1000 units of product q. its beginning inventory and purchases during the month are
After the 2010 financial statements were issued, the case was settled with the IRS for $1,200,000. What amount, if any, should be reported as a liability for this contingency as of December 31, 2010?
lucinda owns 1100 shares of old corporation stock at a time when old corporation has 2000 shares of stock outstanding.
company produces three joint products. at the split offpoint three basic prodcuts emerge ab and c. each productcan be
uxmaiz corporation had only one job in process during may-job x32z- and had no finished goods inventory on may 1. job
What is the difference between business continuity planning and disaster recovery planning? How are these two concepts related?
mizzou mining company mines an iron ore called alpha. during the month of december 400000 tons of alpha were mined and
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