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The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally accepted accounting principles.
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1. Obtain the relevant authoritative literature on stock compensation using the FASB's Codification Research System at the FASB website (www.fasb.org). What is the specific citation that describes the information that companies must disclose about the exercise prices for their stock option plans?
2. List the disclosure requirements.
when mary potts arrived at her store on the morning of january 29 she found empty shelves and display racks thieves had
Prepare a balance sheet in good form (stockholders' equity details can be omitted)
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On January 1, 2010, Metcalf Company sold equipment for cash and leased it back. As seller lessee, Metcalf retained the right to substantially all of the remaining use of the equipment. The term of the lease is eight years. There is a gain on the sale..
Discuss the pros and cons of the checklist versus the weighted factor method of selecting projects.
on february 20 2012 hooke inc. purchased a machine for 1201920 for the purpose of leasing it. the machine is expected
What liability is reported on the fund financial statements at the end of 2011?
a company is negotiating with the bank for a 200000 90 day12 loan effective july 1 of the current year. if the
A company has bonds outstanding with a par value of $400,000. The unamortized premium on these bonds is $2,000. The company retired these bonds by buying them on the open market at 97. What is the gain or loss on this retirement?
What is the value of a Northern Pacific bond with an 11 percent coupon, maturing in 15 years? Assume the market rate for this bond is 14 percent and that the interest is paid semiannually.
A hotel company carries out a monthly bank reconciliation. At the beginning of November, it found the following concerning the October reconciliation: The bank balance on the bank statement was $3,506, and the bank balance according to the company re..
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