Discuss contingencies

Assignment Help Finance Basics
Reference no: EM13116628

Discuss contingencies and how they are reported on financial statements. What conditions must be met before a contingency can be charged against income?

For each of the intended uses of the derivatives listed below, explain the accounting in fair value:

o Derivative designated as a hedge of the exposure to changes in the fair value of a recognized asset or liability to or firm commitment

o Derivative designated as a hedge of the exposure to variable cash flows of a forecasted transaction

o Derivative designated as a hedge of the foreign currency exposure of a net investment in a foreign operation

o Derivative not designated as a hedge

Reference no: EM13116628

Questions Cloud

Valuation guidelines for investment : Discuss the reasons why corporations invest in securities. Discuss how the market would be affected if they stopped this practice? Compare and contrast the valuation guidelines for investment at a balance sheet date.
Find the variance and mean of machine : Consider the following number of defective circuit boards produced by two different machines on seven randomly selected days. To three decimel places what is the mean of machine A?
Which graduated cylinder would have greatest volume channge : The density of aluminum is 2.70 g/cm3 and the density of chromium is 7.19 g/cm'.If equal masses of aluminum and chromium are transferred to equal volumes of water in separate graduated cylinders.
Calculate the titer of the virus stock : A virus stock was diluted to 10^-8 and 0.1 ml assayed in triplicate. The plaque counts were 22, 18, and 20. Calculate the titer of the virus stock.
Discuss contingencies : Discuss contingencies and how they are reported on financial statements. What conditions must be met before a contingency can be charged against income?
How to interpret experiment in terms of the checkpoint : Two types of signals have been implicated in metaphase checkpoint arrest. Consider the results of a recent experiment in which the unattached kinetochore of a monoattached chromosome was destroyed by a laser beam.
Find minimum sample size for estimating overall proportion : Find the minimum sample size required for estimating the overall proportion of students who passed Exam P in 2009 to within 4% with 95% confidence if it is known that this proportion is between 30% and 40%.
International financial reporting standards for publicly : Discuss how influential you believe the IASB is over FASB. Discuss whether or not you support the U.S. adopting International Financial Reporting Standards for publicly traded companies.
What is the ph of a buffer solution : What is the pH of a buffer solution containing 0.155 mol dm-3 of benzoic acid and 0.315 mol dm-3 sodium benzoate.

Reviews

Write a Review

Finance Basics Questions & Answers

  Loan amortization

When Evelyn and Paul Peters were "house hunting" five years ago, the mortgage rates were pretty high. The fixed rate on a 30-year mortgage was 8.75 percent while the fifteen year fixed rate was at 8 percent.

  Calculate total and annual cost

An oil firm arranged a $10,000,000 revolving credit agreement with a group of small banks. The company paid an yearly commitment fee of one-half of one percent of the unused balance of loan commitment.

  Calculating expected return and standard deviation

Consider the following probability distribution of returns for Alpha Corporation: Evaluate the expected return for Alpha Corporation. Calculate the standard deviation of return on Alpha Corporation.

  Develop a strategy for short-term financing needs

Suppose you are the owner of a increasing technology or service company with a healthy cash flow but little in the way of property and equipment.

  Setting price by marking up cost inherently circular

RoverPlus, a pet superstore, is planning pricing a new RoverPlus labeled dog food. The company will purchase premium dog food from a company in Indiana that packs product with a RoverPlus label.

  Calculate company cost of debt

A corporation has just been taken over through new management which believes that it can raise earnings before taxes from $600 to $1,000, merely by cutting overtime pay and thus decreasing cost of goods sold.

  Business ethics-moral and legal rights in workplace

Explain and defend your decision. Put yourself in the position of the employer in this case and defend your actions.

  Determine the expected return and beta for the portfolio

Multiple choice questions using beta, expected return and bond values and determine the expected return and beta for the portfolio.

  Description of present value and future value

The shorter the length of time between present value and its corresponding future value, the lower present value, relative to future value, true of false?

  Computing net proceeds of an ipo

ABC is planning an IPO. Its underwriters say the stock the stock will sell at $20. The direct costs will be $800,000. The underwriters will charge a 7% spread. A - How many shares must be sold to net $30 million?

  Mortgage amortization-standard mortgage rates

Consider a standard mortgage (360 months) with monthly payments and the  nominal rate (monthly compounding) of 5.70%. What portion of the payments during first 31 months goes toward interest?

  Computation of effective duration of a bond for change

Computation of effective duration of a bond for change in interest rates and Calculate the effective convexity to a 100 basis point change of the bond

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