How would revenue be measured
Change of mind gives gallery a $1m surprise and determine whether the gallery should treat the donation as revenue. Further, if the donation is treated as revenue, how would that revenue be measured?
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Assume that both the Board Division and the Consumer Products Division have idle capacity. Under these conditions, would rejecting the $400 price be advantageous for the company as a whole, or would it result in the loss of potential profits.
Consider the complexities of forecasting cash flow. Take the perspective of either a small business owner or a finance manager at a large corporation. Identify at least three variables that can affect cash flow. For each variable you identify, exp
Knowing that companies need to distribute operating costs across different segments of the business, what suggestions would you, as a financial manager, make to address what can sometimes seem like an "unfair" allocation of costs? Finally, how can
The prevailing rate of interest for a note of this type was 7% on February 22, 2011, 7.5% on December 31, 2011, 7.7% on February 22, 2012, and 8% on December 31, 2012. What interest rate should be used to calculate the interest revenue from this t
Why are measures of "service efforts and accomplishments" of more concern for government and not-for-profits than for business?
No dividends were declared on either the preferred or common stock in 2012 or 2013. Net income for 2013 was $1,652 million. The income tax rate is 40%. Calculate earnings per share for the year ended December 31, 2013.
When calculating diluted EPS at December 31, 2013, what will be the net increase in the denominator of the EPS fraction if the market price of the common shares averaged $11 per share during 2013?
On January 1, 2009, Boston Company purchased a heavy duty machine having an invoice price of $13,000; Boston paid transportation and installation costs totaling $3,000. The machine is estimated to have a 4-year useful life and a $1,000 residual va
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Question: Identify a true statement about validity as applied to a test. Multiple choice question
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