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?What are some of the views on capitalization of leased assets? In what situations do you think leased assets should be reported as capital? Why? Select an asset that does not meet the GAAP requirements for capitalization on a technical basis (either the 75% or 90% test), would it be capitalized under IFRS? Which is more in keeping with the needs of investors? (Ch. 21 of Intermediate Accounting)
Compute the cost variance for Materials price variance, materials quantity variance, labor rate variance, labor efficiency variance, variable overhead spending variance and variable overhead efficiency variance
a company purchased a cash register on january 1 for 5400. this register has a useful life of 10 years and a salvage
An S corporation shareholder is currently in the 28 percent tax bracket
oniel company began the year with 870000 of raw materialinventory 1390000 of work-in-process inventory and 620000
in 2009 werther co. reported a current ratio of 3.75 and in 2008 it was 3.10. which of the potential cause of a rise in
Write a 700- to 1,050-word paper in which you differentiate between managerial and financial accounting.
on january 1 20x7 clyde county issued 100 million of 520-year bonds at 102. interest is payable semiannually.
The price at which a stock can be sold depends upon a number of factors. Which statement below is not one of those factors?
Thelma's reported net income for 2006 was $119,000. What is the noncontrolling interest's share of Thelma's net income?
the four seasons resort community is an elegant thriving four-season resort and a community of over 1200 single family
FASB has identified three types of accounting changes.
cane company manufactures two products called alpha and beta that sell for 120 and 80 respectively. each product uses
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