Find aeroplans revenue recognition policies

Assignment Help Cost Accounting
Reference no: EM13305658

1. Find and read Aeroplan's revenue recognition policies from their 2010 annual report(available on Mycourse) and answer the following question:

a) Identify the different points in time that Aeroplan recognizes revenue.

b) What estimates are involved in their revenue recognition policies?

c) How could these estimates be misused by manager?

d) If you see an increase of Aeroplan's revenue, why it is important to figure out whether this revenue is driven by more miles redeemed or by more "breakage"?

2. Read Canadian Tire's 2010 financial statements and answer the following questions:

a) Calculate the FCFF and FCFE for 2009 and 2008

b) Use the CFO to calculate, 1) debt coverage ratio, 2) dividend payment ratio, and 3) investing and financing ratio.

c) Calculate Altman's Z for 2009 and 2008

d) Post 2011, will the Z score under IFRS comparable to Z score from 2001 to 2009? List the reasons.

Attachment:- WR_Question.zip

Reference no: EM13305658

Questions Cloud

Describe what design speed was used for the curve : Lane widths are 12ft and the superelevation is .006 and was set assuming maximum fs. If the necessary sight distance required 52ft of lateral clearance from the roadway center line, what design speed was used for the curve
Determine what is the maximum intensity : During a 60 minute storm the following amounts of rain fell during successive 15 minute intervals: 33mm, 23mm, 15mm, and 5mm. What is the maximum intensity
Find the value of theta at which the particle falls off : A small sphere of mass m and radius r slides down a smooth stationary large sphere of radius R under the action of gravity from a position of rest at the top. Find the value of theta at which the particle falls off
Which of the following statements is not a mechanism : Which of the following statements is NOT a mechanism to reduce the agency problem and motivate managers?
Find aeroplans revenue recognition policies : Find and read Aeroplan's revenue recognition policies from their 2010 annual report(available on Mycourse) and answer the question - Identify the different points in time that Aeroplan recognizes revenue.
Determine the amount of coal required from the prb : The coal may either be moved by train from the mine to power plants near where the power is used, or the coal could be combusted near the mine mouth to generate electricity and the electricity could be transmitted over long distances to the users.
Calculate the work done cranking the aluminum cylinder : The diameter of the aluminum cylinder is measured to be: (4.935 ±0.003)cm. The hanging mass (paint bucket and 5kg) for a Mechanical Equivalent of Heat experiment is recorded as (5.2977 ±0.0002)kg. Calculate the work done cranking the aluminum cylin..
What is the main factor that causes deviation of the market : What is the main factor that causes deviation of the market value and its par value? Accompany your answer with an example that covers all different scenarios in fluctuation of the value of the bond.
Determine the pressure due to the ocean : The greatest ocean depths on the Earth are found in the Marianas Trench near the Philippines. Calculate the pressure due to the ocean

Reviews

Write a Review

Cost Accounting Questions & Answers

  Accounting department-are preparing journal entries

Was overhead underapplied or overapplied? Explain and if there is anything left in the overhead account, what could be done with those dollars?

  What price should be set for the product

What price should be set for the product? Which of the prices evaluated above would the company as a whole most prefer?

  Inventory and warehousing cycle.

Inventory and warehousing cycle and cash cycle

  Prepare the fund balance section of the balance sheet

Center City's General Fund has the following net resources at year end:  $658,800 total fund balance  $100,000 rainy day fund approved by the township governing board  $2,500 of supplies inventory  $75,000 state grant for snow removal

  What is sales order processing system

What is sales order processing system and what is Data Flow Diagram and how might Data Flow Diagram going to be helpful to an accountant? Discuss your views.

  Create a bank reconciliation

Create a bank reconciliation dated 30 th June, 2012 and prepare any entries required to make the books correct and complete.

  Why does the allowance for bad debts have a debit balance

Early in the year we wrote off $65,000 of receivables. Nick, Ray, and I agreed we would lose another $30,000 from the open accounts as of December 31, 20X4. That's reflected in the listing of S&A costs. The allowance for bad debts was just a "squee..

  What is the profit rum would earn

What is the profit Rum would earn on the new product if all the manufacturing capacity allocated by management is used and the product is sold for $36 per unit?

  Scheme affect the companys balance sheet

How does Mr. Blowhard scheme affect the amount of income that the company would otherwise report in its financial statement and how does the scheme affect the company's balance sheet?

  Calculate the present values of the cash flows

For each of the itineraries, calculate the present values of the cash flows using required rates of return of both 10% and 15% Assume a 15 -year time horizon. Should the company purchase the ship with either or both required rates of return..

  Evaluate what is the loss on sale of equipment

A method of estimating bad debts expense that adds a detailed examination of outstanding accounts and evaluate what is the gain/loss on the sale of equipment

  Evaluate the variable utility cost per unit

Evaluate revenue must K-Henry's generate in order to reach the break-even point and the variable utility cost per unit, to the nearest cent

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