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Explain why corporations do not recognize the difference between the purchase and sale price of treasury stock as a profit or loss.
Determine the nation's gross private domestic investment. If imports exceed exports by $25 million, how would your answer to (a) change?
Explain when disclosure is required, and what disclosures are necessary, for a loss contingency that does not meet the criteria for accrual of a charge to income.
Describe how lessee accounts for a capital lease both at inception of the lease and during the first year of the lease. Assume the lease transfers ownership of the property to the lessee by the e
Consider the following statement: It is most sensible to start with the sales budget and develop the other budget from there. After what you have learned this week with regards to budget processes a
Define margin of safety as it applies to debt contracts and describe how the margin of safety can impact assessment of the relative level of company risk.
The potential for earnings manipulation has been substantially reduced following the development and adoption of a broad range of internationally recognised and agreed accounting standards. Discuss
Identify features of preferred stock that make it similar to debt. Identify the features that make it more like common stock.
Define a commitment and provide three examples of commitments for a company.
Examine Sid's investment objectives in view of what you know about his financial situation. Identify any inconsistencies between his stated objectives and his plans.
Explain when a manager would consider "taking a big bath" and how analysis of current financial position and future profitability might be adjusted if one suspects that a company has taken a big
Describe the "corridor method" for deferring and amortizing actuarial gains and losses and return on plan assets. What is the rationale for using this method?
The three possible outcomes of an investment are listed below. All outcomes are equally likely. Calculate the average profit, variation and the standard deviation of this investment.
Describe differences between defined benefit and defined contribution pension plans. How does the accounting differ across these two types of plans?
The pooling of interest and the purchase method are the two methods allowed by the FASB in accounting for Mergers and Acquisitions.
Companies use various financing methods to avoid reporting debt on the balance sheet. Identify and describe some of these off-balance-sheet financing methods.
A Discuss how the lessor reflects the benefits of leasing in the income statement under (a) an operating lease and (b) a capital lease.
Discuss how the lessee reflects the cost of leased equipment in the income statement for (a) assets leased under operating leases and (b) assets leased under capital leases.
Describe what amounts will be found on the balance sheets of both the lessor and the lessee related to the lease obligation and the leased asset.
a. Describe the criteria for classifying leases by a lessee. b. Prepare a summary of accounting for leases by a lessee.
Explain how analysis of financial statements is used to evaluate a company"s liabilities, both existing and contingent.
Both convertibility and warrants attached to debt aim at increasing the attractiveness of debt securities and lowering their interest cost. Describe how the costs of these two features affect inc
Write on the effects of the 2008 financial crisis on the investment in the Gulf area (GCC countries) specially on Qatar.
Use a recent (within the last 30 days from the date of your assignment) issue of the WSJ and go to the "Currencies" table to answer the following questions, assuming the U.S. dollar is the home curr
Evaluate and comment on both the earnings quality and the relative performance of American Express in the most recent quarter relative to the same quarter of the prior fiscal year.