Microsoft’s Financial Reporting Strategy 1. What are the factors that likely explain the difference between Microsoft’s market value of equity and its reported book value of equity? One of the factors that explain the difference between Microsoft’s market value of equity and its reported book value of equity is the lack of effectiveness to record certain intangible assets such as stock of knowledge (i.e.‚ human capital) customer loyalty‚ and brand value. These former intangible assets mentioned
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AACSB assurance of learning standards in accounting and business education require documentation of outcomes assessment. Although schools‚ departments‚ and faculty may approach assessment and its documentation differently‚ one approach is to provide specific questions on exams that become the basis for assessment. To aid faculty in this endeavor‚ we have labeled each question‚ exercise‚ and problem in Intermediate Accounting‚ 7e‚ with the following AACSB learning skills: Questions AACSB
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They each keep their own accounting books and have chosen the appropriate method of revenue recognition based on their operations. | | | | Pat’s Electronics Division | | | | | Pat’s Electronics Division sells computers through agents in various cities. Agents send orders and down payments to our company. The division then ships the goods F.O.B. shipping point directly to the customers. Revenue is recognized at the point of sale. | | | | | | | Additional
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unaudited balance sheets. What is the effect of revenue sources on financial reporting at the hospital? According to "The American Accounting Association Digital Library" (2015)‚ "revenue is the monetary expression of the aggregate of products or services transferred by an enterprise to its customers during a period of time". Measuring The Patton-Fuller Hospital financial performance is commonly performed by analyzing margins. This is the difference in revenue vs. expenses. Margins can be expressed by
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Bangladesh has made remarkable progress in macroeconomic management. Acceleration of economic growth‚ gradual decline of budget deficit‚ high rate of export and import growth‚ steady rise of foreign currency reserve at a satisfactory level are some of the major achievements that Bangladesh attained during the past few years until FY2007-2008. Success in achieving these significant milestones is largely attributable to a set of policies and reforms implemented in order to attain macroeconomic stability
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each project. An issue that arises with accounting for multiple deliverable contracts is deciding when and how to recognize revenue. A company must first determine if they should recognize revenue for the contract as a whole unit or as separate units of accounting. Next‚ the measurement of revenue recognition must be calculated. The final step is to determine when the revenue will be recognized. Typically‚ this is based on the type of project or contract at hand. The Underdale Residential Land
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model has following major stakeholders: BCCI Franchises Sponsors Players Spectators Unlike its counterparts such as EPL or NBA‚ the major source of revenue for IPL is not stadium ticket sales but media rights. Other sources of revenue for IPL are title sponsorship‚ the sale of franchises and licensed merchandise and products. A part of the revenues so raised are retained by the BCCI‚ a part distributed as prize money and the remaining is divided equally among the franchises based on a pre agreed
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stand-alone company for five years. For the last year its revenue increased by 61 million dollars; however‚ TripAdvisor’s revenue growth is decreasing year over year and for the same period it dropped from 39% to 17%. What strategy should the company develop and implement in order to achieve a long-term competitive advantage and grow revenue? The paper also provides possible solutions for improving TripAdvisor’s business operations and revenue earning capability. The idea is to understand the strategical
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Jawaharlal Nehru National Urban Renewal Mission (JnNURM) – Urban Infrastructure and Governance Leveraging JnNURM Funds by ULBs A study on leveraging of funds in JNNURM projects - select mission cities Ministry of Urban Development Government of India 1. Evolving Urbanisation Scenario in India The urban population in India has crossed 320 million and is estimated to grow to 583 million by 2031. The share of urban population stood at 27.8% in 2001 and is estimated to
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observing first three months’ results) If the total expenses are $ 231‚000 than the total revenue should be $ 231‚000 at the Break-Even Point. On the other hand if the company demand for service will be 205 hours ‚ which means company sales revenue will be $ 82‚000 (as the Public Service Commission’s restrictions says)‚ and the other revenues in the commercial sales assume that around $ 10‚000. So the revenue from the computer use should be ; 231‚000 – 92‚000 (82‚000 + 10‚000) = $ 139‚000 The
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