Case 12-02 To Recognize or Not to Recognize‚ That Is the Question Shakespeare Inc. (“Shakespeare” or the “Company”) is a privately held book printing and publishing company with a December 31 year-end. The summary balance sheet as of December 31‚ 2010‚ included: Current assets Noncurrent assets Total assets Current liabilities Noncurrent liabilities Total liabilities Total shareholder equity $ 6‚500‚000 28‚250‚000 $34‚750‚000 $ 4‚500‚000 13‚750‚000 $18‚250‚000 $16‚500‚000 The summary results of
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Case 12-03 - Contingencies Scenario 1 Energy should recognize a provision as of December 31‚ 2011‚ in reporting to its U.K. parent under IFRSs and in reporting to its U.S.-based lender in accordance with U.S. GAAP. IFRS and GAAP follow three steps in order to determine if a provision should be recognized. They are: a) the entity has an obligation
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Case 12-7 Facts: Rossi Inc.: Asbestos Litigation Liability: The cost of settlement and defensed costs relating to currently pending claims and future claims for losses incurred to date. Liabilities recorded per/as at Dec 31. 2009 2008 2007 Rossi Inc. $962m $1‚055m $469m Thompson (External Specialist) $1124m $1‚055m Internal Actuarial Specialist $907m‚ $1‚184m‚ and $1‚514m The 2007 claim estimate is projected through 2011. The 2008 and 2009 estimate are projected through 2017
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Graded Assignment Responding to a Persuasive Prompt Type your name‚ the date‚ your teacher’s name‚ and your school name at the top of this page. Type or paste your draft into this document. Be sure that your draft is double-spaced and in 12 point‚ Times New Roman font. Save the file as BWL_S2_05.05_Critical Skills Practice_FirstInitial_LastName.doc. Example: BWL_S2_05.05_Critical Skills Practice_M_Smith.doc (50 points) Read the prompt below and the accompanying information. Consider your position
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Customer Relationship Management: A People‚ Process‚ and Technology Approach William Wagner and Michael Zubey Chapter 5: Managing a CRM Implementation Customer Relationship Management Reserved Copyright 2007 Thomson Publishing: All Rights Wagner & Zubey Copyright (c) 2006 Prentice-Hall. All rights reserved. 1 Learning Objectives Describe the risks associated with implementing CRM applications Discuss the process of choosing from among various CRM alternatives and vendors Divide a CRM
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3.5 Kinetics of the Alkaline Hydrolysis of Crystal Violet in aqueous solution in the presence of a Cationic and an Anionic Surfactant. 3.5.1 THEORY The alkaline hydrolysis of crystal violet‚ a carbocationicdye(CV+) takes place according to CV+ + OH- ↔ CVOH Where CVOH is the colorless carbinol form of the dye. The kinetics of the reaction can be monitored due to the carbocation form of the dye by measuring the decrease in absorbance at the wavelength corresponding to the absorption maximum(λmax)
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MOOT COURT PROBLEM No. 05 CONSTITUTIONAL GOVERNANCE I (U.G. Sem I) Date: 07/09/2015 ‘X’ is a non-governmental organisation functioning in the State of Uttar Pradesh‚ India. It was formed by a ‘Self Help group’ consisting of several rural artisans‚ farmers‚ destitute‚ labourers etc. The primary objective of the organisation is to provide a forum for farmers to sell their produce in cities‚ artisans from rural areas with a place to sell their services and products in cities
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Lopez‚ Rodrigo (2013‚ December 19). 3 ways advanced tech is transforming real estate marketing. Retrieved from http://www.boston.com/business/blogs/global-business-hub/2013/12/3_ways_advanced.html Mobile Technology A browser search has become secondary for many brands that no longer does content wait for a customer to come to them‚ they are now able to sense a presence and deploy content‚ targeting potential buyers using Big Data‚ geo-targeting‚ even RFID technology. One of the new features of
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00-6 Who ’s Paying the Rent? .Attached Files: 00-06c_whos_paying_the_rent lease.pdf (34.721 KB) . Case Objective Evaluating the various accounting alternatives that retailers are confronted with when they receive lease incentives from a lessor. Applicable Professional Pronouncements ASC 845: APB Opinion No. 29‚ Accounting for Nonmonetary Transactions (Opinion 29) ASC 840: FASB Statement No. 13‚ Accounting for Leases (Statement 13) FASB Technical Bulletin No. 88-1‚ Issues Relating
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Provisions and Contingencies Scenario 1 Fact: Energy Inc. (Energy‚ or the Company)‚ which operates in the oil industry‚ is a U.S. subsidiary of a U.K. entity that prepares its financial statements in accordance with IFRS and U.S. GAAP. A draft law in a country where Energy operates in‚ which requires a cleanup of land already contaminated‚ will possibly be enacted shortly after the year-end. Issues: Should Energy recognize a provision‚ (i) in reporting under IFRSs‚ and (ii) in accordance
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