What is the total of the unbiased accruals and excessive

Assignment Help Accounting Basics
Reference no: EM133077419

Question - A Company's reported earnings are $1,000 and cash flows are $600. Based on economic conditions during the year, the company booked allowances of $250. As a result of contractual incentives, the company booked a further $150 in accruals. What is the total of the unbiased accruals and excessive accruals?

A. $400

B. $150

C. $1,000

D. $600

Reference no: EM133077419

Questions Cloud

Compare and contrast the cabinet crisis of 1923 : Compare and contrast the cabinet crisis of 1923 and the cabinet of president deturte
Principle of specialization and trade : Answer the following questions on your own words. TOPIC: International Trade and Investment
Different types of organisation structures : Evaluate the advantages and disadvantages of different types of organisation structures including the reasons underpinning
Explain the theories underlying mercantilism : 1. The global pandemic has led to a decrease in globalisation across the world. What are the consequences of decreased globalisation for developed countries and
What is the total of the unbiased accruals and excessive : As a result of contractual? incentives, the company booked a further $150 in accruals. What is the total of the unbiased accruals and excessive accruals
Peer relations from middle childhood to adolescence : Determine the positive and negative impact of peers and changes in peer relations from middle childhood to adolescence.
High variety of products and low volume : Job Shop Production - Job-shop Production are characterized by manufacturing of one or few quantity of products designed and produced as per the specification o
Market segmentation : Market segmentation, an important strategy in marketing, has evolved from treating everyone the same (mass marketing) to 1:1 marketing,
What would the gross profit be : Assume that all goods are sold throughout the year for $19 per unit. What would the gross profit be if calculated under the periodic LIFO

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