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Explain some Examples under FASB 52 that a foreign entity's functional currency would be similar as the parent firm's currency.
Answer: Three instances under FASB 52, in which the foreign entity's functional currency will be similar as the parent firm's currency, are:
a) The foreign entity's cash flows directly influence the parent's cash flows and are readily available for remittance to the parent firm;
b) The sales prices for the foreign entity's products are approachable on a short-term basis to exchange rate changes in which sales prices are defined through worldwide competition; and,
c) The sales market is mainly located in the parent's country or sales contracts are denominated in the parent's currency.
State about the Quick ratio or acid test Quick ratio = Current assets less inventories /Current liabilities(times) This ratio measures immediate solvency of a busin
a) i = 800 units, ii = 250 units, iii = 60% b) Explanation and Definition of the MOS. Play-it has the better MOS in absolute terms, although Tread-it has the better MOS when mea
What is the market risk premium in Spain at the present moment - the number which I have to use in the valuations? It is not possible to talk of "the" market premium for Spain.
iau.la/im/fin500.pdf need help with 100 questions with multiple answers quiz!
Earn out arrangements Consideration could be delayed and paid only upon achievement of certain criteria. For illustration the predator company may pay additional cash if acq
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Solutions to shareholders and government agency problemquestion #Minimum 100 words accepted#
Gross dividend At the ending of the financial year companies will announce the profits or losses that they have earned and a figure for net profit after tax. A company is able
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