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The 2009 balance sheet for Carnival Corporation indicates that the company has 1,960 million shares of common stock authorized, of which approximately 620 million were outstanding. a. How many additional shares of common stock could Carnival Corporation sell? b. How are the shares that have not yet been issued included in the company’s balance sheet? Do they represent an asset of the company?
What principles of accounting for intangibles would cause Hilton to record brands as assets while Marriott does not? How will these differences in accounting for brands generally affect the net income and return on assets of these two competitors..
it was the accounting rule that caused the financial institutions' balance sheets to look bad. Describe whether you believe that following an accounting process can cause a company to experience economic problems.
Determine amount of interest to be capitalized in 2010 in relation to the construction of the building. Prepare the journal entry to record the capitalization of interest and the recognition of interest expense, if any, at December 31, 2010.
During the year the company’s accounts receivable increased by $ 50,000, inventory decreased by $ 23,000, accounts payable decreased by $ 55,000, and accrued expenses payable increased by $ 14,000. Determine amount of cash provided by or used fo..
Make income statement and retained earnings statement and balance sheet and calculate certain ratios required by the image file details.
During the period, 15,000 units are started and direct materials costing $250,000 are charged to the department. If there are 1,000 units in ending inventory, what is the cost per equivalent unit?
Cash flows from operating activities and Net income will be increased or adjusted upward and Net income will be decreased or adjusted downward.
Fundamentals of accounting assignment - Write up assets, capital and liability accounts in the books of D. Gough
How do you lower tax rates but not the amount of revenue collected by the Treasury. If the tax rates are lowered does that not mean that the amount received by the Treasury would also be lowered?
Explain how much asset turnover should manufacturer B have to match manufacturer A's ROE?
Monthly sales are sold 10% for cash, 90% for credit. Credit sales are collected 40% in the month of sale and 60% the following month. Sales for the first quarter are as follows: Compute cash collections for February.
If her standard deduction is $4,750 and she incurs the following costs related to housing, how much tax savings will she receive as a result of her home purchase?
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