Discuss product and equipment sales to and royalties

Assignment Help Accounting Basics
Reference no: EM131815626

Hey, would you be able to explain this to me? "Our receivables are mainly comprised of receivables for product and equipment sales to and royalties from our licensees, as well as receivables from our CPG and food service business customers. Our allowance for doubtful accounts is calculated based on historical experience, customer credit risk and application of the specific identification method."

Reference no: EM131815626

Questions Cloud

Journalize the entries to record the summarized operations : Krall Company uses a job order cost system. Materials purchased on account, $105,000. Journalize the entries to record the summarized operations
Management requires analysis at three levels : Operations and process management requires analysis at three levels: the supply network, the operation, and the process". discuss the three levels with examples
Explain the pathophysiology and history of cystic fibrosis : A description of the impact of Cystic Fibrosis in adults. Explain why adults live into adulthood with this childhood condition or why adults would contract.
Analyze what type of innovation does new product represent : Analyze what type of innovation does the new product represent? What kind of process do you think will be used to make the product?
Discuss product and equipment sales to and royalties : Our receivables are mainly comprised of receivables for product and equipment sales to and royalties
Relate to the major concepts of kotler-armstrong : How does the UPS story relate to the major concepts of Kotler & Armstrong Chapter 6 on business buyer behavior? The UPS story shows the complexities
Prepare a common-sized income statement : Prepare a common-sized income statement. To do this, express each income statement amount as a percent of sales. Comment on any differences observed.
Give one example of a great leader whom you admire : Give one (1) example of a great leader whom you admire in the health care field, and elaborate on the primary reasons why you admire the selected leader.
Discuss how much is cost of goods sold : a beginning balance of $20,000 and an ending balance of $30,000.If the cost of goods manufactured is $340,000, how much is cost of goods sold

Reviews

Write a Review

Accounting Basics Questions & Answers

  Expense in the statement of activities

The infrastructure has a basis of $400 million and would be depreciated over a 40 year life, if depreciation were charged. The amount that would be shown as expense in the Statement of Activities would be:

  Assignment of income doctrine

Explain the Assignment of Income Doctrine (AID) and the "fruit-of-the-tree" doctrine. What role does the AID play in our federal income tax system, and what could be done to avoid or reduce income taxes if the AID did not exist?

  Determine which plan will result in the higher earnings

Prepare an analysis and determine which plan will result in the higher earnings per share of common stock

  Manual and system controls

Explain the differences between manual and system controls. Which type of control is preferable and why? Give an example of each of these controls that you encounter in your daily life.

  What will the earnings per share

Question - Effects of a Stock Exchange: What will the earnings per share, EPS, of Firm A be after the merger

  Compute the variable cost per unit and the contribution

Compute the variable cost per unit and the contribution margin ratio for 2015

  Donto company produces two models of buckets tonto and

donto company produces two models of buckets tonto and pronto. information regarding these products for may follows

  On january 2 2011 jansing corporation acquired a new

on january 2 2011 jansing corporation acquired a new machine with an estimated useful life of five years. the cost of

  What total amount should be credited to additional paid

What total amount should be credited to additional paid-in capital from common stock as a result of the conversion of the preferred stock into common stock

  What are the factors that affect the spending variance

What are the factors that affect the spending variance for variable manufacturing overhead

  Use the sample data to see whether they support the research

Use the sample data to see whether they support the researchers argument. Use ± = .05) as the level of significance.

  Present value of cash inflows for project

Using the net present value method, the present value of cash inflows for Project A is $44,000 and the present value of cash inflows of Project B is $24,000. If Project A and Project B require initial investments of $40,000 and $20,000, respective..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd