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!
Assume you work as an assistant controller in the head office of a DVD movie kiosk business, similar to Coinstar, Inc. With the increasing popularity of online movie rental operations, your company has struggled to meet its earnings targets for this year. It is important for the company to meet its earnings targets this year because the company is renegotiating a bank loan next month, and the terms of the loan are likely to depend on the company's reported financial success. Also, the company plans to issue more stock to the public in the upcoming year, to obtain funds for establishing its presence in the online movie rental business. The chief financial officer (CFO) has approached you with a solution to the earnings dilemma. She proposes that the depreciation period for the stock of reusable DVDs be extended from 3 months to 15 months. She explains that by lengthening the depreciation period, a smaller amount of depreciation expense will be recorded in the current year, resulting in higher net income. She claims that generally accepted accounting principles require estimates like this, so it won't involve doing anything wrong.
Required response:
Post a discussion response to the CFO's proposed solution. In your discussion, consider the following questions:
What is the Law of Supply? How do we illustrate the Law of Supply? Give an example of the Law of Supply use two to four sentences to explain your example. Indicate whether the following are considered a change in supply or a change in quantity suppli..
Draw a supply and demand curve, label X & Y axis and show equilibrium. Show a shift in demand and supply, and why it has occurred (non-price determinants). Describe all changes. Show in two or more graphs and use 2 examples for each - supply and dema..
Illustrate what factors might explain why the $A went so low when the Global financial crisis hit the world economy in late 2008?
What is the difference between a change in the quantity supplied and a shift in the supply curve.
Suppose that since some base year, the the price index (or GDP deflator) has increased from 100 to 125. During the same time period, NOMINAL GDP has increased from $500 billion to $600 billion. What is the value of REAL GDP at the end of this period ..
Galvanized Products is considering the purchase of a new computer system for their enterprise data management system. The vendor has quoted a purchase price of $100,000. Galvanized Products is planning to borrow 1/4th of the purchase price from a ban..
Explain how the average rate of per capita income in south africa between 1960-1991 compered to 1991-2010.
Does consumer surplus increase due to this price ceiling. Does social welfare increase as a result of the price ceiling.
q. - mr. banks knows that line maintenance expense varies with company size and he wants to use the latter to predict
A country is described by the Solow growth model. It has a population growth rate of 5 percent and a rate of technological progress of 3 percent. It is currently at the steady state. What is the country is growth rate for output and output per worker..
Analyze the economic impact of major social problems and issues such as poverty, discrimination, crime, income distribution, the role of government, and other major issues.
The most vocal political pressure for tariffs is generally made by:
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