Answer:
<em>Acquisition of a subsidiary on January 23, Year 2. Negotiations had begun in December of Year 1.</em>
Explanation:
An entity acknowledges <em>events that occurred in the financial reports which provide data on conditions that exist at the income statement date,</em> including calculations that are inherent in the preparation of the statement.
The holding company's sale did not take place until the end of the year.
Therefore, the transaction only included disclosure of the note, not acknowledgement in the statements.
Answer:
mutual funds
bonds
retirement funds
commodities
Explanation: i just took it
Answer: (A) Where to launch the new product
Explanation:
The commercialization stage is the process of development the new products and the services in the market that can be used in solving the various types of life based problems.
The main objective of the commercialization stage is that it include the customer support, the production and the marketing for achieving the new products and the services commercial success in an organization.
according to the question, the commercialization stage is developing the new products and the services and then the company should decide where to introduce or launch the new services and the products.
Therefore, Option (A) is correct.
Answer:
A.$8,600
Explanation:
The journal entry to record the bad debt expense is shown below:
Bad debt expense A/c Dr $8,600
To Allowance for doubtful debts $8,600
(Being bad debt expense is recorded)
Since the bad debt expense is an expense so the same is recorded in the debit side of the balance sheet while the estimated uncollectible portion reduces the account receivable balance so we credited it
Answer:
$1,005 million
Explanation:
The computation of the free cash flow is shown below:
= EBIT × (1 -Tax Rate) + Depreciation & Amortization - Change in Net operating Working Capital - net capital Expenditure.
= $1,200 million - $180 million - $15 million
= $1,005 million
All other information which is given is not relevant. Hence, ignored it
Since the value of the depreciation and amortization is not given. So, we do not consider it
