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The key criterion for qualifying as a hedge is that the hedging relationship must be highly effective in achieving offsetting changes in fair values or cash flows based on the hedging company's specified risk management objective and strategy. Explain what happens if a swap is used ineffectively to hedge the fair value of a note.
joint-cost allocation with a byproduct. mat place purchases old tires and recycles them to produce rubber floor mats
first link services granted 8 million of its 1 par common shares to executives subject to forfeiture if emplotment is
in 2013 ryan management collected rent revenue for 2014 tenant occupancy. for financial reporting the rent is
a variety of depreciation methods are used to allocate the cost of an asset to all of the accounting periods benefited
during the current period department a finished and transferred 50000 units to department b. of the 50000 units 20000
the city of medina park operates a plumbing and electrical maintenance department responsible for maintaining all water
Compute the price and efficiency variances for direct materials and direct labor. Does the pattern of variances suggest All-Star Fender's managers have been making trade-offs? Explain.
barkley corp. obtained a trade name in january 2013 incurring legal costs of 36000. the company amortizes the trade
students will calculate the cost that should be assigned to land buildings and equipment and provide the journal entry
The purchase of the equipment should increase net income by $40,000 each year for 5 years. (a) Compute the annual rate of return. (b) Compute the cash payback period.
crowe company has acquired a building with a loan that requires payments of 20000 every six months for 5 years. the
Vince's assistant manager, an accounting major, has suggested that the firm should try to increase the contribution margin per pizza. Explain the meaning of "contribution margin" in layman's terms.
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