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Discussion Questions: Intermediate Accounting
Please answer each question individually in at least 200 words per question.
1. What are the differences between traditional and derivative instruments? Why do companies use derivative instruments? Are derivatives a good investment? Explain why or why not.
2. Why do companies make investments in other companies? What are the differences between debt and equity investments? What would influence a company to choose equity or debt as an investment?
3. How do the various classifications of investments affect financial statements? What is the rationale behind the different accounting methods for the various investment classifications? Which is more important when determining the accounting method for securities, influence, or ownership? Explain why.
Identify the different entities and their associated attributes that would be found in your potential relational database model for your sales database, pertaining to the hotel industry.
What is the difference between a tariff and a quota? What is the impact of a trade surplus?
Provide an executive summary of your companys background relating to business structure, operations, services and all other business activities that are conducted, etc.
The collection of accounts receivable is recorded by a:A)Debit to Cash and a debit to Accounts Receivable.B)Credit to Cash and a credit to Accounts Receivable.C)Debit to Cash and a credit to Accounts Receivable.D)Credit to Cash and a debit to Account..
Calculate the receivables turnover ratio and the average collection period for 2009 for FedEx and evaluate the balance in FedEx"s allowance for doubtful accounts.
What information is provided in the statements that will assist you in making these business decisions? What information is not provided that could assist in managerial decision making?
Billable professional staff salaries = $ 4,000,000, Secretarialcosts = 1,500,000. Then, how to calculate the costs using the application rates?
forecast the firms additional funds needed afn. the firm is operating at full capacity. data for use in your forecast
The following data were provided by the detailed payroll records of ABC Company for the last week of March 2016, which will not be paid until April 5, 2016: FICA taxes at a 7,65% rate (no employee had reached the maximum).
howie long has just learned he has won a 506800 prize in the lottery. the lottery has given him two options for
For the most recent year, Wilson Enterprises had sales of $689,000, cost of goods sold of $470,300, depreciation expense of $61,200, and additions to retained earnings of $48,560.
the following materials standards have been established for a particular product standard quantity per unit of output
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