1. Q:Collect Balance Sheet of five different companies. Try to analyse it in your own words. Analysis can be in terms of change in profit‚ asset‚ liabilities. Etc ZYNGA [pic] The First comapny we’ll be looking at is Zynga. Let’s jump right into it. Across the board‚ the Total Current Assets is less than the previous year‚ more more than other earlier years. This could indicate that the company may have liquidized some of their assests within the year. Total Assests is greater than the
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and add another piece of Alka-Seltzer. 8.Continue until there is no more Alka-Seltzer‚ and the bubbling has completely stopped. 9.Screw on the cap of the soda bottle. 10.Tip the bottle back and forth and watch the wave appear. The reason this homemade lava lamp works is because the tiny droplets of liquid join together to make one big lava like blob. Place a flashlight with a bright beam under the bottle to illuminate the bubbles for maximum visual effect. Soda bottle with cap Vegetable
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Intercorporate Investments: An Overview MULTIPLE CHOICE Use the following information on a company’s investments in equity securities to answer questions 1- 4 below. The company’s accounting year ends December 31. | |Date of acquisition|Cost |Fair value |Date sold |Selling price | |Investment | | |12/31/10 | | | |Ajax Company
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The Legendary Iqbal Khan ACTG4160: Advanced Financial Accounting! ! Inter-Corporate Investments‚ Business Combinations and Consolidations! ! Introduction! ! - Non-strategic investments can be FVTPL or FVTOCI while strategic investments range from significant influence to joint arrangements to controlled subsidiaries! - Investments under 20% are considered passive unless clearly demonstrated otherwise! - No strategic advantage in terms of ability to influence or control the investee!
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A Village Fair Introduction: A village fair is a large gathering of men‚ women and children on a particular occasion. It is a hilarious annual meeting place of the village people. It is like a mirror that reflects the emblem of rural life. It brings a chance in the monotonous life of the villagers. People of all ages specially the children eagerly wait for this happy occasion. Place and Occasion: A village fair is usually held once or twice a year either on the first or the last day of Bengali
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An expression about whether financial statements conform with generally accepted accounting principles. – 8 Auditors opinion (B) A business that raised money by issuing shares of stock. – 1 Cooperation (C) The portion of stockholders’ equity that results from receiving cash from investors. – 6 Common Stock. (D) Obligations to suppliers of goods. – 7 Accounts payable (E) Amounts due from customers. – 3 Accounts Receivable (F) A
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8 Accounting theory and conceptual frameworks After studying this chapter you should be able to: & explain what accounting theory is & describe the main attempts at constructing an accounting theory & appraise current developments in the area & describe and discuss the contents of the IASB Framework & appraise the quality and usefulness of the IASB Framework in the context of its self-declared purposes & describe and discuss the parts of IAS 1 relating to accounting concepts and policies & appraise
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Merchandise inventory is generally valued at the price for which the goods can be sold. reported under the classification of Property‚ Plant‚ and Equipment on the balance sheet. reported as a current asset on the balance sheet. often reported as a miscellaneous expense on the income statement. Items waiting to be used in production are considered to be finished goods. merchandise inventory. raw materials. work in progress. In a manufacturing business‚ inventory that is ready for sale is called store
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PART A 1. What was your initial reaction to viewing the footage of this experiment? Initially when I watched this experiment I felt sadden. One that is was necessary in the 70’s for this teacher to need to teach this lesson‚ but most of all how easily swayed these children were. They were so quick to demoralize their classmates‚ solely based on the fact the teacher told them they could. It is a reminder that children are most susceptible in their formative years. It also is a very important experiment
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B6013 Spring 2010 B6013 - Financial Accounting Financial Assets and Liabilities Shareholder’s Equity Professor Urooj Khan o esso U ooj a Outline – Session 19 1. Financial Assets and Liabilities – Accounting for Financial Assets 2. Shareholder’s Equity – – – – Capital Stock Cisco Case Dividends and Share Repurchases Comprehensive I C h i Income B6013 Spring 2010 © Columbia Business School 2 Prof. Urooj Khan 1 B6013 Spring 2010 Background Readings and Practice Problems
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