Answer:
business model is not a factor
Explanation:
Answer:
A is the correct option
Explanation:
Revenue or income is recognized based on accrual concept of accounting where revenue or income is recognized when earned and expenses when incurred not when received or paid in cash.
As a result,on the 31st December Clarion Corp. has earned two months' interest on the 6-month certificate of deposit as it has invested for two months.
The correct option is A,Clarion recognizes interest revenue on 31st December ,2015 only.
It is also important to note that the since 2015 came to end the fraction of interest revenue relating to year 2015 needs to be recognized by debiting accrued income account and crediting investment on the face of the income statement
Answer:
B) product line extension
Coke Zero is an example of Coca Cola expanding their line of products. They are adding in more options for consumers to buy.
Answer:
The correct answer is letter "A": The EPBO is recorded in the accounts.
Explanation:
The Expected Postretirement Obligation (EPBO) is an estimation of the value of the benefits employees will receive upon retirement including all the time workers remained in the firm. This is merely a calculation and is not subject to any type of transaction to be recorded in the company's books. The EPBO is not related to workers' pensions.
Answer:
B) Decreased $138 million
Explanation:
To determine the effects of long term debt accounts on HP's total cash flow form financing we can use the following formula:
HP's cash flow from financing = new shares issued - shares repurchased - dividend payments + cash flows related to long term debt account + income from other financing activities
-$6,077 = $0 -$5,241 -$894 + X + $196
-$6,077 = -$5,939 + X
-$138 = X
HP's long term debt accounts decreased by $138