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The 2009 balance sheet for Carnival Corporation indicates that the company has 1,960 million shares of common stock authorized, of which approximately 620 million were outstanding. a. How many additional shares of common stock could Carnival Corporation sell? b. How are the shares that have not yet been issued included in the company’s balance sheet? Do they represent an asset of the company?
What kind of an accounting change is this? It indicates that TimeWarner rapidly changed its position with regard to these lawsuits. Is this a change in accounting principle?
Evaluate the proceeds Amazon received for the issuance of $3.0 billion notes in November 2012.
Big Company manufactures keyboards. Management wishes to develop budgets for the upcoming quarter based on the following data: Calculate the budgeted quantity of plastic which needs to be purchased for the next quarter.
Determination of net worth - Can you think of any additional information you would like know about Xavier Metals to help you answer this question more thoroughly?
the allowance for doubtful accounts was a debit of $100,000. If 2% of the accounts receivable are expected to be uncollectible, what is credit balance in the allowance account after the year-end adjustment
Prepare a statement of revenues and expenses and a statement of changes in net assets.
Explain the difference between the direct write-off and percentage of receivables methods. Based on Art World’s disclosure above, what important factor would you have to consider in arriving at appropriate percentages to apply for the percentage o..
Which costs will change with an increase in activity within the relevant range and Which of the following approaches to preparing an income statement calculates gross margin?
Preparation of classified balance sheet from the given data and Balance Sheet Preparation
Evaluate the amount of depreciation expense recognized in Year 2, Year 3, and Year 4 under (a) the revaluation model of IAS 16 and (b) U.S. GAAP. Evaluate the book value of the building under the two different sets of accounting rules at 2 nd Janu..
Create a master budget for the three-month period ending June 30. Include the subsequent detailed budgets sales budget, by month and in total
If you want to make sure your active strategy adds value, how much can you spend on security analysis?
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