measured for the acquiring entities portion and the non-controlling portion as well and presented on the balance sheet as a single figure of both controlling and noncontrolling portions combined. This section is taken from Deloitte’s A Roadmap to Accounting for Business Combinations and Related Topics example 5-4: Cash transferred by acquiring entity + fair value of contingent consideration agreement (if applicable) = total consideration transferred by acquiring entity + fair value of the non-controlling
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Since the end of Urban Outfitters last fiscal year, there has been a moderately significant change to their debt ratio. At the end of January 31st, 2011 their debt ratio was at .21 percent. One year later at the end of the most recent fiscal year, the debt ratio was .28 percent. There are very significant changes to Urban Outfitters total assets and total liabilities over the past two fiscal periods. At the end of the fiscal year in 2011, Urban Outfitters had 382.2 million dollars in liabilities
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Unit 6: Systems of Linear Equations and Inequalities SELECTED RESPONSE Identify the letter of the choice that best completes the statement or answers the question. 1. Identify the graph that represents the system of linear equations. [pic] |A. |[pic] |C. |[pic] | | | | | | |B. |[pic]
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Activity ratio 1.Total asset turnover : Total sales or revenue/Total assets Year 2006 2007 2008 2009 2010 Total sales/revenue 7,760 8,615 10,225 12,317 12,323 Total assets 35,974 46,864 62,269 76,139 82,729 Total asset turnover 0.22 0.18 0.16 0.16 0.15 Year 2006 2007 2008 2009 2010 Total sales/revenue 7,760 8,615 10,225 12,317 12,323 Total assets 3,382 4,637 7,205 8,741 12,356 Total asset turnover 2.29 1.86 1.42
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Resources: Ch. 1, 2, & 7 of Financial Accounting Chapter 1: Exercise E1-1 Urlacher Company performs the following accounting tasks during the year. ___C___ Analyzing and interpreting information. ___R___ Classifying economic events. ___C___ Explaining uses, meaning, and limitations of data. ___R___ Keeping a systematic chronological diary of events. ___R___ Measuring events in dollars and cents. ___C___ Preparing accounting reports. ___C __ Reporting information in a standard format. ___I__
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possibility of failure because of high debt levels. (c) Compare Sepracor to an international company like Bayer. The fair value of the equity component of the convertible bonds is 150,000. A significant difference between iGAAP and U.S. GAAP is the accounting for securities with characteristics of debt and
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Problem Set II P2-6A A. Earnings per share. | | Earnings per share = Net income/Average No. of outstanding shares | | 2011-$2.00 = 60,000/30,0002012- $2.12=70,000/33,000 | | B. Working capital. | | Working capital = current assets - current liabilities | | 2011- 85,000 = 155,000-70,0002012- 113,000 = 188,000- 75,000 | | C. Current ratio. | | Current ratio = Current assets/Current liability | | 2011 :2.2 =155,000/70,0002012: 2.5 = 188,000/75,000 | | D. Debt to total
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2014 Balance and Income sheets are vital to the health of any organization or company. Understanding the intricacies relating to their return on investment (ROI) is equally important as the ratios that affect each accounting principal. Our team reflection permitted us to share relevant information about our daily profession classroom experience. Engaging in personal dialogues with our team help reinforce curriculum through self-questioning, peer generated
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Assume that the operating rental commitment for 2009 due between 1-5 years is distributed equally over the years 2011-2014, i.e. 2700m/4= $675m. The commitment due beyond year 5 in total is $1186m. The number of years beyond year 5 is calculated by dividing the total amount of commitments due beyond year 5 (> 2014) by the amount of commitments due in year 5, i.e.1186/675=1.757=2 years. This means the total discount period equals 5 years + 2 years = 7 years. Assume that for the years beyond year
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Problem Set II ACC300 P2-6A A. Earnings per share. | | Earnings per share = Net income/Average No. of outstanding shares | | 2011-$2.00 = 60,000/30,0002012- $2.12=70,000/33,000 | | B. Working capital. | | Working capital = current assets - current liabilities | | 2011- 85,000 = 155,000-70,0002012- 113,000 = 188,000- 75,000 | | C. Current ratio. | | Current ratio = Current assets/Current liability | | 2011 :2.2 =155,000/70,0002012: 2.5 = 188,000/75,000 | | D. Debt
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