What is a recommendation to minimize the given risk

Assignment Help Accounting Basics
Reference no: EM131784273

Assignment

1. What are the timelines for the new revenue recognition standard for companies to implement?

2. The new lease standard requires that leases will be included on the Balance Sheet. There is an exemption to this new rule. What obligations will be exempt from inclusion on the Balance Sheet?

3. Match the terms in Column A with the appropriate definition in Column B. Place your answer where indicated.

Column A

Column B

Transaction Price

When control over good or service is transferred to a customer

Discount

Amount that vendor expects to be entitled to for transferring goods or services

Performance Obligations

Approved agreement between two or more parties that creates enforceable rights and obligations 

Satisfied Obligation

The price at which an entity would sell a promised good or service separately to a customer    

Disclosure

Information about amounts in financial statements 

4. The new Revenue Recognition standard includes extensive disclosures. At this point there are three methods that a public company can use to present these disclosures. List those methods.

5. When discussing foreign currency exposure, there is no easy formula for a company to prepare themselves. Risk cascades through a company or an economy and sometimes with little or no warning. What is a recommendation to minimize this risk?

Reference no: EM131784273

Questions Cloud

Compute the impact of these convertible preferred shares : Compute the impact of these convertible preferred shares on Marlboro's diluted earnings per share. Round your answer to two decimal places.
Write the complete equation for the two-element blade : Write the complete equation for the two-element blade of Figure, and solve for the natural frequencies and mode shapes.
When pennies are put in vinegar and salt : When pennies are put in vinegar and salt for 10 minutes. Is the copper metal becoming copper II ion an oxidation or a reduction and why?
Complete the tabular summary of the effects : Complete the tabular summary of the effects of the alternative actions on the components of stockholders' equity and outstanding shares.
What is a recommendation to minimize the given risk : Risk cascades through a company or an economy and sometimes with little or no warning. What is a recommendation to minimize this risk?
Show that the dynamic load factor for a suddenly applied : Show that the dynamic load factor for a suddenly applied constant force reaches a maximum value of 2.0.
Sample of gas in a flexible container : You have gas! Well, you have a 450.0 mL sample of gas in a flexible container at 298.15 K. If you heat the gas to a temperature of 315.15 K
Discuss average sales ticket have to increase to breakeven : How much would the average sales ticket have to increase to breakeven if the fixed cost remained the same in 2007
Determine the mode participation factor for a force : Determine the mode participation factor for a uniformly distributed force.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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