Assets should be listed down based on its liquidity. The more liquid it is, the higher its place in the balance sheet.
<span>$3,100 in Supplies to be converted in March,
$4,700 Notes Receivable to be converted in August,
$800 in Prepaid Insurance to be converted in April, and
$6,200 in Accounts Receivable to be converted in June
The assets should be listed in this order:
</span><span>Supplies $3,100
</span><span>Prepaid Insurance $800
</span><span>Accounts Receivable $6,200
</span><span>Notes Receivable $4,700</span>
Answer:
The effect on earnings in the year after after the shares are granted to executives wpuld be that the earnings will be reduced by $80 million.
Explanation:
market price of common shares = $8 per share
number of common shares issued as RSUs = 30 million
total value of common shares issued as RSUs = 30 million*$8
= $240 million
the total compensation to executives is $240 million and the vesting period is 3 years.
Therefore, the total compensation should be expensed over a period of 3 years, this will reduce the earnings of the company by $80 million ($240 million/3) per year for 3 years.
Therefore, The effect on earnings in the year after after the shares are granted to executives wpuld be that the earnings will be reduced by $80 million.
Answer:
GDP is the value of the total production of final goods and services produced within a country (in this case Ireland), while Gross National Product (GNP), in this specific case, is the value of the total production of final goods and services produced by residents of the Ireland (individuals or businesses).
Since several corporations have international headquarters in Ireland due to special tax regimes, e.g. Apple, Microsoft, Google, Intel, Pfizer, FB, etc., and many of those corporations manage all their world trade (except local trade in the US) through those offices, they are very large and wealthy.
Answer:
Please see Explanation
Explanation:
Management
Managers are not included in this list of users by the IASB Framework, because management should have access to all the financial information they need, and in much more detail than financial statements provide. However, management is responsible for producing the financial statements and might be interested in the information they contain.
Employees
Employees need information about the financial stability and profitability of their employer. An assessment of profitability can help employees to reach a view on the ability of the employer to pay higher wages, or provide more job opportunities in the future.
Investors
Investors in a business entity are the providers of risk capital. Unless they are managers as well as owners, they invest in order to obtain a financial return on their investment. They need information that will help them to make investment decisions.
Creditors
Financial information about an entity is also useful for suppliers who provide goods on credit to a business entity, and ‘other trade creditors’ who are owed money by the entity as a result of debts incurred in its business operations (such as money owned for rent or electricity or telephone charges). They can use the financial statements to assess how much credit they might safely allow to the entity.
Customers
Customers might be interested in the financial strength of an entity, especially if they rely on that entity for the long-term supply of key goods or services.
Tax authorities
The tax authorities use the information in the financial statement for the purpose of business regulation or deciding taxation policies.
