Answer:
On 12/31/17, Roger Corporation should report accumulated other comprehensive income of $13 million
Explanation:
Accumulated other comprehensive income account is the port equity section in the balance sheet and it reports the accumulated unrealized gains / losses of the company.
Accumulated Comprehensive income account:
Opening balance on 12/31/16 = $10 million
Additions for the year ( $15 - $12 ) =<u> $3 million </u>
Opening balance on 12/31/17 =<u> </u><u>$13 million</u>
Net income will be added to retained earning. The Value of total comprehensive income is divided in two parts first Net income and second other comprehensive income. Net income will be transferred to retained earning account and other comprehensive to accumulative comprehensive income account.
Answer:
Option E is correct
An increase in the depreciation expense will not affect the cash coverage ratio.
Explanation:
Option E is correct
An increase in the depreciation expense will not affect the cash coverage ratio.
Cash coverage ratio tells us if firm is capable of paying its current liabilities with the cash or cash equivalent. It can not allow other assets to be used for paying the current liabilities.
Formula for Cash Coverage ratio:
Cash Ratio=
So, Cash coverage ratio is independent of expenses whether it is a depreciation or some other expense.
The answer is D the indirect strategy does not allow a set order of ideas
Specialization is most closely related to the division of labor within an organization.
Differentiation in an organization is created through a division of labor and job specialization. The two idea are closely related. Specialization refers to the specific task or work within a production process.
