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Some accountants have advocated that a company's human assets be measured and included directly in the financial statements. For example, the costs of hiring and training an employee would be recorded as an asset that is amortized over the employee's expected term of service. Do you agree or disagree? Why?
Credit default swaps, a derivative instrument described in Chapter 30, allow investors to buy and sell protection against the default of a municipal issuer.
a company has inventory of 15 units at a cost of 12 each on august 1. on august 5 they purchased 10 units at 13 per
during the current year carl equipment stores had net sales of 600 million a cost of goods sold of 500 million average
vazquez companys cost of goods sold is 350000 variable and 200000 fixed. the companys selling and administrative
axis corp. is considering investment in the best of two mutually exclusive projects. project kelvin involves an
What are two important characteristics that determine the issuance price of a bond?
review the information relating to eps found in the walt disney companys 2009 income statement and notes to the
the appraisal department of mega-mortgage bank performs appraisals of business properties for loans being considered by
on january 1 dyer co. acquired as a long-term investment a 20 common stock interest in eason co. dyer paid 700000 for
the nazareth companys mixing department incurred conversions costs of 650820 during january after recording a beginning
what is callable preferred stock? why do corporations issue such stock? given the different features that are
Varton Corp. acquired all of the voting common stock of Caleb Co. on January 1, 2011. In 2011, Varton owned some land with a book value of $84,000 that was sold to Caleb for its fair value of $120,000. How should this transaction be accounted for ..
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