Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem
Using the SEC 10-K for your company, Berkshire Hathaway.
Answer the following questions:
1. Reading the notes to the financial statements, as well as the balance sheet, post information about the Accounts Receivable for your company. Who owes the company money?
2. Search for the phrase "Bad Debts" or Allowance (for collectible accounts). When you read the balance sheet, you may see that the receivables are listed as a net of $x,xxx to show the Allowance for Bad Debts. Comment about the changes in Accounts Receivable and the Allowance for Bad Debts. Are they increasing or decreasing? How does this relate to sales (are sales increasing or decreasing)?
3. Property, Plants, and Equipment / PPE (Capital Assets; Fixed Assets): Comment about PPE and accumulated depreciation. How are these values changing from year to year: PPE, Accumulated Depreciation, and Net PPE?
Luxman Company has several processing departments. Costs charged to the Assembly Department for October 2017 totaled $1,298,400 as follows.
Prepare a brief explanation of how the general ledger system works-that is, how it is used, and what information it provides.
marcus company uses both standards and budgets. for the year estimated production of product x is 500000 units. total
The Chief Operating Officer where you work does not understand why the company should waste their time in preparing the statement of cash flows. He wants to have a better understanding of this financial statement and asks you to do the following:
the varone company makes a single product called a hom. the company has the capacity to produce 40000 homs per year.
Jules issues a 4.5%. five-year bonds dated January 1, 2009, with a $230,000 par value. Prepare a straight-line amortization table for the bonds' life
Estimate the amount of the loss to Deluxe Auto Parts. Use the gross profit method - Deluxe Auto Parts holds inventory all over the world.
Read the following two cases and discuss in details whether or not the accountant acted ethically
If 100 units of the product are manufactured during the year, what is the purchasing department cost per unit? Round your answer to the nearest cent.
Prepare a multiple-step income statement for the Reed Company for 2016, showing 2015 information in comparative format
Lupa Inc. trades its used machine (cost $12,000 less $4,000 accumulated depreciation) for a new machine. In addition to exchanging the old machine (which had a fair market value of $9,000), Lupa also paid cash of $3,000.
The Silverside Company is considering investing in two alternative projects: What is the accounting rate of return for Project? 2
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd