------------------------------------------------- $10‚688 | ------------------------------------------------- $9‚870 | | | | Liabilities and Stockholders’ Equity | | | Current liabilities | $2‚584 | $2‚612 | Long-term liabilities | 1‚079 | 973 | Stockholders’ equity | ------------------------------------------------- 7‚025 | ------------------------------------------------- 6‚285 | Total liabilities and stockholders’ equity | ------------------------------------------------- $10‚688 | -------------------------------------------------
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ASSETS 2‚005‚482 100 1‚767‚168 100 1‚089‚473 100 EQUITY AND LIABILITIES CAPITAL AND RESERVES Share capital 61‚576 3.07 61‚576 3.48 61‚576 5.65 Reserves 534‚202 26.64 429‚959 24.33 342‚819 31.47 595‚778 29.7 491‚535 27.81 404‚395 37.12 LIABILITIES NON-CURRENT LIABILITIES Retirement benefits - obligation 3‚922 0.19 17‚519 0.99 8‚939 0.82
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1 Halliburton is a world-leading provider of energy industry products and services. The company serves the oil and gas industry by locating hydrocarbons and managing geological data‚ drilling and formation evaluation‚ well construction and completion‚ and optimizing oil field production. Halliburton consists of two divisions: Drilling & Evaluation and Completion & Production. As of December 31‚ 2011‚ these two divisions accounted for approximately 25.0 billion dollars in revenue. Halliburton has
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BE1-1 Presented below is the basic accounting equation (in thousands). Determine the missing amounts. Assets = Liabilities + Equity 90‚000 = 50‚000 + 40‚000 110‚000 = 40‚000 + 70‚000 ------------------------------------------------- 94‚000 = 41‚000 + 53‚000 BE1-5 Indicate whether each of the following items is an asset (A)‚ liability (L)‚ or part of equity (E). (A) Accounts receivable (L) Salaries and wages payable (A) Equipment (A) Supplies
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CHAPTER 13 – CURRENT LIABILITIES AND CONTINGENCIES I. Liabilities A. Three Characteristics 1. Probable‚ future sacrifices of economic benefits 2. That arise from present obligations 3. Resulting from past transactions B. Current Liabilities 1. Payable within 1 year 2. Reported at maturity value C. Types of Current Liabilities 1. Accounts Payable a. Buy merchandise on account
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ChaNoel A. Torres Acevedo Intermediate Accounting I Homework: Exercise 3-1: Apr. | 2 | Cash | 30‚000 | | | | Equipment | 14‚000 | | | | Christine Ewing‚ Capital | | 44‚000 | | | | | | | 2 | No entry—not a transaction. | | | | | | | | | 3 | Supplies | 700 | | | | Accounts Payable | | 700 | | | | | | | 7 | Rent Expense | 600 | | | | Cash | | 600 | | | | | | | 11 | Accounts Receivable
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disbursements are recorded during the test month. Checks are not recorded more than once and checks are not omitted (accuracy‚ occurrence and completeness). 6. To determine that all receiving reports were eventually entered into the system a liabilities (completeness). To determine that acquisitions were recorded at the proper amounts‚ considering the goods received (accuracy). 7. To determine that the amount recorded is accurate‚ that the classification is proper‚ and that the acquisition
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discussed in further detail include horizontal analysis‚ current ratio‚ quick ratio‚ and cash to current liabilities ratio. A horizontal analysis is used to compare data from two or more periods side by side. The current ratio reveals the relative amount of working capital by dividing current assets by current liabilities. A quick ratio is calculated by dividing the assets by the current liabilities. This paper will examine the financial standing of Apple‚ INC and provide recommendations on how to better
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Ref http://www.planware.org/workingcapital.htm http://www.investopedia.com/exam-guide/cfa-level-1/financial-statements/balance-sheet-components-assets.asp#axzz2IlyBIIT7 http://www.investopedia.com/exam-guide/cfa-level-1/financial-statements/balance-sheet-components-liabilities.asp#axzz2IlyBIIT7 Morris‚ A(2009) of KPMG http://www.accountingnet.ie/in_practice/Reducing_Working_Capital_Through_Managing_Debtors_-_Part_II.php Mehar‚ A. 2001. Impacts of Equity Financing on Liquidity Position of a
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According to the entity theory‚ there is no fundamental difference between liabilities and owners equity. Both provide capital to the business entity and receive income in return in the form of interest and dividends (Schroeder‚ Clark‚ & Cathey‚ 2009‚ page 363). Under entity theory‚ liabilities and equity would require separate line disclosure in the balance sheet‚ but there would be no subtotals for total liabilities or total equity. (Schroeder‚ Clark‚ & Cathey‚ 2009‚ page 363). Both are considered
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