2. True 3. False; Book value differs from fair value. 4. False; Depreciation applies to three classes of plant assets: land improvements, buildings, & equipment. 5. False; Depreciation does not apply to land. 6. True 7. False; Recognizing depreciation on an assets doesn't result in an accumulation of cash for replacement of the asset. 8.True 9. False; Deprecation expense and accumulated depreciation are reported on the balance sheet. 10. False;
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availability. Netflix acquires digital video disc content for the purpose of renting such content to its subscribers and earning subscription rental revenues, and the Company considers its direct purchase digital video disc library to be a productive asset. Accordingly, Netflix classifies its digital video disc library in “Non-current content library, net” on the Consolidated Balance Sheets. The acquisition of digital
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Contents Business sector What is the main business of the group? Are there other activities, complementary businesses within the group? What are the main group's competitors? Which main risks (that are inherent to this business sector) does the company mention? Which hedging policies are put in place? Profitability Which indicators have been brought forward in the annual report of the company? Which specific targets are aimed at? How does the group
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accounting ratios such as liquidity, activity, profitability, solvency, etc. You have learnt that accounts are mainly maintained on accrual basis but cash also plays significant role. Cash is mainly generated for operating activities which is buying assets and discharging liabilities. Cash is also raised from the issue of shares and debentures or loans but adequate cash should be available for use in time and no cash should remain idle. For this another tool of analysis is used which is cash flow statement
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financial practices. After reviewing the firm’s financial records there are a few additional items needed to complete the accounting evaluations. The additional items being requested are adjusting lower cost of market inventory, recording gain or loss on assets, adjusting goodwill and capitalizing interest on building construction. I understand the firm is concern with why the additional information is being requested. Each requested item will be discussed in detail to ensure the organization understands
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related guidance, residing in five main areas of 1) general principles, 2) presentation, 3) financial statement accounts, 4) broad transactions and 5) industry. They correlate very closely to standards by the IASB. In terms of GAAP items, you will have Assets (Cash and cash
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comparable. These statements are used by users not only to look at the current situation, but also to predict the company’s ability to continue as a going concern or functioning as a business entity in the future. The balance sheet and the valuations for assets and liabilities are a reflection of the company’s financial position for the next 12 months. If there are uncertainties or contingencies that occur they must be disclosed in the footnotes section of the statement and in some circumstances reflected
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Финансовый анализ основных результатов деятельности HEWLETT-PACKARD Компания Hewlett-Packard финансовых исследований Исследования Отчет о финансовой Hewlett-Packard Co., Consolidated Statement of Financial Position, Assets USD $ in millions | | Oct 31, 2013 | | Oct 31, 2012 | | Oct 31, 2011 | | Oct 31, 2010 | | Oct 31, 2009 | | Oct 31, 2008 | | | Cash and cash equivalents | 12,163 | | 11,301 | | 8,043 | | 10,929 | | 13,279 | | 10,153 | | | Short-term investments
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Current and Noncurrent Assets Paper Elizabeth Webb ACC/400 August 18, 2011 Frank Gutierrez Abstract The purpose of this paper is to address the meanings of current and noncurrent assets while stating their differences. The paper will also include what the order of liquidity is and how it applies to the balance sheet. Current and Noncurrent Assets Paper Current Assets Current assets, also known as short-term, “are cash and other resources that are reasonably expected to be realized
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Abhaya Chauhan, Surya Dantuluri, Vininder Singh Contents 0 Introduction 2 Assets and Liabilities 2 Analysis of Various Ratios 2 Liquidity Analysis: 2 Current Ratio: 2 Quick Ratio: 3 Solvency Analysis: 3 Liability-to-Equity: 3 Times Interest Earned: 3 Profitability Ratio: 4 Return on Assets: 4 Return on Equity: 4 Activity Ratios: 4 RNOA (Return on Net Operating Assets): 4 Net working Capital: 5 Accounts Receivable Turnover: 5 Footnotes Analysis 5 Research
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