investments Accounts receivable, net of allowance for doubtful accounts of $255 and $249 as of December 27, 2008 and December 29, 2007, respectively Inventories Prepaid expenses and other assets Deferred income taxes Total current assets Property, plant and equipment, net Other assets Goodwill Total assets $ LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Total current liabilities Deferred income taxes Other liabilities Total liabilities Commitments and contingencies
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expenses into the following categories: (a) direct materials, (b) direct labor, (c) manufacturing overhead and (d) period costs. | | 1. | Property taxes on the factory building. D | 2. | Production superintendents' salaries. B | 3. | Memory boards and chips used in assembling computers. A | 4. | Depreciation on the factory equipment. D | 5. | Salaries for assembly-line quality control inspectors. B | 6. | Sales commissions paid to sell personal computers. C | 7. |
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Annual Report Analysis Costco Wholesale Accounting 305 Table of Contents Introduction………………………………………………………………………………………………………2 The firm’s auditors and their opinion on the financial statements……………………………………………….2 The subsequent events, errors and irregularities, illegal acts, or related-party transactions……………………...3 that have a material effect on the financial statements were none……………………………………………......3 The trend in total assets and total liabilities for the years presented…………………………………………
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Personal property Personal property generally is considered private property that is movable rather than immovable property or real estate. In common law systems, personal property may also be called chattels or personal property. In civil law systems, personal property is often called movable property or movables - any property that can be moved from one place to another. This term is in distinction with immovable property or properties, such as land and other personal property buildings.In words
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increased Plant Overhead/Yr Wages 50,000 95,000 95,000 Need to add a 45,000 a year maintenance position for the equipment Utilities 9,000 27,000 4,502 Utilities are expected to be 3 x's current at full production (150% above current levels) based on units produced Benefits 105,815 83,964 9,500 Benefits are 10% of all wages (including direct labor) Insurance 3,000 15,000 15,000 Insurance will increase by 12,000 with the addition of the equipment and building
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2/27/2015 Checkpoint | Document Checkpoint Contents Accounting, Audit & Corporate Finance Library Standards and Regulations FASB Codification Codification Presentation 230 Statement of Cash Flows 230-10 Overall 230-10-45 Other Presentation Matters Copyright © 2015 by Financial Accounting Foundation, Norwalk, Connecticut 230-10-45 Other Presentation Matters General Note: The Other Presentation Matters Section provides guidance on other presentation matters not addressed in the Recognition
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Question 3.3. (TCO C) Buying a new plant would be an example of which type of activity? (Points : 3) | Operating Financing Investing None of the above | Question 4.4. (TCO A) In a classified balance sheet, assets are usually classified as (Points : 3) | current assets; long-term assets; property, plant, and equipment; and tangible assets. current assets; long-term investments; property, plant, and equipment; and intangible assets. current
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and buildings | 10,538 | 9,654 | 9,263 | 9,457 | 8,506 | | Plant, equipment and vehicles | 16,105 | 15,454 | 15,550 | 16,361 | 15,020 | | Assets in construction | 3,056 | 3,148 | 3,343 | 3,523 | 3,330 | | Property, plant and equipment, cost | 29,699 | 28,255 | 28,156 | 29,340 | 26,857 | | Accumulated depreciation | (15,427) | (14,663) | (14,234) | (14,184) | (12,708) | | Property, plant and equipment, net book value | 14,272 | 13,592 | 13,922 | 15,156 | 14,149
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~ 3MCOMPANV (MMM) P3-36. Analysis and Interpretation of Profitability (L01 , 2) Balance sheets and income statements for 3M Company follow. "'c: Consolidated Statements of Income .Years ended December 31 . , . (In millions) . . ,,- - . 2010 2009 2008 $26,662 $23,123 $25,269 Cost of sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,831 12,109 13,379 Selling, general and administrative expenses .. . . . . . . .
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Bharat Heavy Electricals Limited (BHEL) owned by the Government of India, is a power plant equipment manufacturer and operates as engineering and manufacturing company based in New Delhi, India. Established in 1964, BHEL is India's largest engineering and manufacturing company of its kind. The company has been earning profits continuously since 1971-72 and paying dividends uninterruptedly since 1976-77. Bharat Heavy Electricals Limited (BHEL) (www.bhel.com) is a premier engineering and manufacturing
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