Analyze the long term assets on the balance sheet

Assignment Help Accounting Basics
Reference no: EM131918888

Question: Analyze the long term assets on the balance sheet.

Use books-a-million's 2009 annual report to answer the following questions.

1. What types of depreciable assets does books-a-million have? What method is used to depreciate these assets?

2. Does books-a-million have intangible assets? How do they account for them?

3. What can you tell about the age/condition of books-a-million's property and equipment?

4. Is the company making good use of its assets? How can you evaluate this?

Reference no: EM131918888

Questions Cloud

Random samples of six gmat scores : They have collected random samples of six GMAT scores of their students. The following scores were obtained:
Scheduled principal reduction during the first month : What is the scheduled principal reduction during the first month?
What are some of the challenges you think you will face : As a future Manager of a hospital unit, what are some of the challenges you think you will face and how will you overcome them?
What is parramore cash conversion cycle : Parramore Corp has $13 million of sales, $3 million of inventories, What is Parramore's cash conversion cycle (CCC)?
Analyze the long term assets on the balance sheet : Analyze the long term assets on the balance sheet. What types of depreciable assets does books-a-million have? What method is used to depreciate these assets
Define thoughts regarding the future of online promotions : Have you participated in online promotions, and, if so, what has been your experience? Considering just a single online promotion that you participated.
What are the five levels of maslows hierarchy of needs : Now in your own words, list in order the needs that means the most to you, starting from most important to least important.
Alternative hypothesis in a complete sentence : State your null and alternative hypothesis in a complete sentence.
How can improving the components of fitness improve quality : Did the results of the squat endurance test surprise you? How can improving these components of fitness improve the quality of your life?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Problem regarding the advanced auditing class

The following assignment is for an advanced auditing class. The textbook used for this class is"Auditing: A risk-based approach to conducting a quality audit" (9th Ed.) by Johnston, Gramling, & Rittenberg. The assignment description is as follows:

  Discuss and calculate the net income of the wu family trust

Discuss and calculate the 'Net Income' of the Wu Family Trust for the 30 June 2017 income year. Determine the taxable income and tax payable

  What is the regular overtime amp total earnings for each

both are paid time and a half for any hours worked over eight hours each workday and work on saturdays and are paid

  Standard cost systems consider the following two separate

standard cost systems consider the following two separate firms. one firm manufactures flexible packaging films for the

  Roger industries is considering two capital investment

roger industries is considering two capital investment proposals. estimates regarding each project are provided below

  American medical instruments produces a variety of medical

american medical instruments produces a variety of medical products at its plant in minneapolis. the company has sales

  Marketing and administrative expenses

Gilbert expects to receive 70% of his revenues in cash during the month of sale and 30% in the following month. Gilbert receives his dolls on consignment, with the purchase price being due at the time of the sale. Thus, Gilbert's cash outflow for ..

  Prepare the company entries to record installment sales

Gordeeva Corporation began selling goods on the installment basis on January 1, 2014. During 2014, Gordeeva had installment sales of $150,000.

  Calculate the net cash flow from operating activities

The following information relates to Angela Company 2013, Required - Calculate the 2013 net cash flow from operating activities using the indirect method

  What impact could that have on jiffy jet financial statement

Suppose all period costs were incorrectly identified as product costs. What impact could that have on Jiffy Jet's financial statement

  Discuss the joint venture using the equity method

Assume that Richard and his team have determined that energy works should report its investment in the joint venture using the equity method

  The goods in process inventory account of a manufacturing

the goods in process inventory account of a manufacturing company that uses an overhead rate based on direct labor cost

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