Illustrate what comments may danle expect to receive

Assignment Help Financial Accounting
Reference no: EM13124967

Discuss whether you believe that the conclusion reached by Danle to omit disclosure relating to the class-action litigation was appropriate for the year ended December 31, 2009

If Danle’s Form 10-Q for the quarter ended March 31, 2010, were to be reviewed by the SEC’s Division of Corporate Finance, what comments may Danle expect to receive regarding its disclosure in that period? Discuss the basis for the comments you have identified

Reference no: EM13124967

Questions Cloud

Consolidated financial statements basics : In the current year, Company C lost $100,000. How should the parties report the above arrangements in its consolidated financial statements?
Minimum sample size for managers to estimate minutes : the population of completion times is 10.4 minutes, what is the minimum sample size needed for the managers to be 95% confident that their estimate is within 2.2 minutes of u?
How is holly taxed on the distribution : At the beginning of the year, Penguin Corporation (a calendar year taxpayer) has accumulated E & P of $55,000. During the year, Penguin incurs a $36,000 loss from operations that accrues ratably. On October 1, Penguin distributes $40,000 in cash t..
Journal entries to record the pension expense : Prepare journal entries to record the pension expense and funding of plan assets to verify the change in the pension asset/liability.
Illustrate what comments may danle expect to receive : the SEC’s Division of Corporate Finance, illustrate what comments may Danle expect to receive regarding its disclosure in that period? Discuss the basis for the comments you have identified
Determine net carrying value of the bond liability : On June 1, 2001, Janson Bottle Company sold $500,000 in long-term bonds for $428,800. The bonds will mature in 10 years and have a stated interest rate of 8% and a yield rate of 10% (use the 10%).
Computation involving a change in blood ph : Calculation involving a change in blood pH. Although the pH of human blood is normally between pH 7.3-7.5, certain situations can take place which bring about "acidosis." Acidosis is defined as an abnormal lowering in the blood pH
Happy endings : Compare and contrast the literary styles used in Margaret Atwood's "Happy Endings" and Alice Munro's "Prue"
Problem of tickets and expense tickets : Prepare a 250- to 300-word memo about time tickets and expense tickets. Include an explanation about what each is used for, how the two are different, and what information may be found on each.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Find the maximum purchase price

Find the maximum purchase price acceptable to the Minnetonka Corporation for the bindings? Support your answer with an appropriate explanation

  Evaluate the amount of gross profit

Evaluate the amount of gross profit or loss to be recognized in each of the three years using the completed contract technique.

  Valuation of inventory using fifo and lifo methods

Valuation of Inventory using FIFO and LIFO methods and All-Pages Book Company reports the following inventory transactions during the current month

  Determine the sustainable growth

Determine the sustainable growth based on the subsequent information

  How much of engcos export gross profit

How would your answer modify if Engco sold its goods with title passing at the customer's location?

  Prepare a essay that evaluates validity of controller''s plan

Prepare a brief essay that evaluates the validity, both ethically and practically, of the controller's plan.

  By how many days would the cash conversion cycle be changed

By how many days would the cash conversion cycle be changed? - Cash conversion cycle

  Investigate any checks shows large or unusual payments

Investigate any checks shows large or unusual payments to related partie

  Compute the amount of change in terms of both dollars

Wofford Company had net sales of $150,000 in its first year and $187,500 in its second year. Compute the amount of change in terms of both dollars and percentage.

  Determine value of mortgage

Computation of value of mortgage and Estimate the affordable mortgage and the affordable purchase price for the Bergholts.

  Purpose a monthly cash budget

Use this information to prepare a monthly cash budget for Roche City for Jan, Feb, and March of 2006.

  Evaluate the overhead rate for each cost driver

Evaluate the overhead rate for each cost driver

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