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Q. Cash equivalents and investments?
Cash as well as cash equivalents consist of cash on hand and marketable securities with original maturities of three months or less.
SFAS 115 necessitate that certain investments in debt and equity securities be classified into one of three categories. Debt securities that the Company has the positive intent as well as ability to hold to maturity are classified as held-to-maturity and reported at amortized cost. Debt securities not categorize as held-to-maturity as well as marketable equity securities are classified as either trading or available-for-sale and are recorded at fair value with unrealized gains and losses included in earnings or stockholders' equity respectively.
Windsor Company will receive $100,000 in 7 years. If the appropriate interest rate is 10%, the present value of the $100,000 receipt is ? Answer: PV = FV (PVIF) = $100,000 x 0.5132
TYPES OF FINANCIAL ANALYSIS a) According to the material used, the study can be - i) External analysis : Where analysis is done by exterior interested parties and ii)
Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy fou
In addition, assume that Anheuser-Busch InBev sold 200 million barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 40% of selling,
Advantages of setting Accounting Standards: 1. Setting of Accounting Standards will decrease the variations in the preparation of financial statements significantly. 2. Sett
Concept of 'Fund' : The word 'Fund' has a range of meanings. several people take it identical to cash and for them, there is no dissimilarity between Cash Flow and Funds Flow
They are likely to tests for tact, diplomacy, and with descriptive skills.
Q. Explain Merchandise inventories? Merchandise inventories are goods supposed for sale. Section 6 starts our discussion of merchandise inventories.
You have been assigned to analyze the costs of NC Microelectronics, a microchip manufacturer. Indicate whether the following costs are more likely fixed (F), variable (V), or mixed
i want to clear concepts of journal
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