As for this question, Answer C is correct, which I agree with, but I’d like to know if Option B is also somewhat correct, as the debt was increased, and the possible reason could be the debtors’ perception of the ...
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Which of the following statements is most accurate about the responsibilities of an auditor for a publicly traded firm in the United States? The auditor must: A.state that the financial statements are prepared according to generally accepted accounting principles. B.ensure that the ...
Tushar511Beginner
Please explain the solution and how to calculate it in detail. I’m unable to understand. The answer is given below ⬇️ Correct. At the end of Year 1, 5,000 units will remain (0 + 80,000 – 75,000) at a unit cost of $10. ...
As preferred should be minus from N.I according to formula. But in this sum you have added the Prfd Dvid. Why so?
4. Ferdinand, Inc., is developing software for internal use within its business operations. Assuming Ferdinand follows U.S. GAAP, which of the following statements is least accurate? A. The software development costs can only be capitalized once the software is technically ...
When revenue is recognized aggressively, how is Rec. T/o ratio decreasing? -> The Credit Sales (num.) should increase and so does the Avg. Rec. (deno.). Does it mean since Avg. Rec. chota figure h isiliye wo zyda badh raha h and the ...
While calculating diluted eps in case of warrants, we only add the differential increase of shares to y Say: Savg= 20; X=10; 30 warrant options were exercised So, we would do: y= no. of shares + (30* 20-10/20) i.e., +15 Shouldnt all 30 ...