The user I want To report is justxk

ASC 480-10 provides guidance on determining whether (1) certain financial instruments with both debt-like and equity-like charac

Aliun [14]

Answer:

. Redeemable shares.

• Redeemable noncontrolling interests.

• Forward contracts to repurchase own shares.

• Forward contracts to sell redeemable shares.

• Written put options on own stock.

• Warrants (and written call options) on redeemable equity shares.

• Warrants on shares with deemed liquidation provisions.

• Puttable warrants on own stock.

• Equity collars.

• Share-settled debt (this term is used to describe a share-settled obligation that is not in the legal form of debt but has the same economic payoff profile as debt).

• Preferred shares that are mandatorily convertible into a variable number of common shares.

• Unsettled treasury stock transactions.

• Accelerated share repurchase programs.

• Hybrid equity units.

Explanation:

ASC 480-10 is used when an issuer, in the declaration of its financial position, has to categorize some financial instruments that share the characteristics of liabilities and equities. The issuer always classifies legal-form debt as liability and this makes it not applicable under the ASC 480-10.

Under the ASC 480-10, three types of financial instruments are meant to be classified and they include;

1. Mandatorily redeemable financial instruments

2. Obligations to repurchase the entity’s equity shares by transferring assets, and

3.Certain obligations to issue a variable number of equity shares

6 0

3 years ago

Is what we call the stock of goods that a business or store has on hand?

timurjin [86]

<span>Is what we call the stock of goods that a business or store has on hand? Inventory. Inventory and inventory management is so important when it comes to running a business with goods for purchase. The business needs to make sure they have enough supply on hand for the amount of demand that consumers have for the product. Usually there is an inventory management team that keeps track of how the products are staying in stock and when reordering needs to happen. </span>

5 0

4 years ago

A learning rate of 0.9 means each __________ of the cumulative output reduces unit costs by __________.

lyudmila [28]

Answer:

b. 10% doubling

Explanation:

Options are <em>"a. tripling, b. 10% doubling, c. 90% tripling, d. 90% doubling, e. 10%"</em>

In this question, 90%(0.9) learning rate means that (1-0.9)10% unit of input is reduced each time the production is doubled. In a nutshell, the learning curve percentage represents the proportion by which the amount of an input per unit of output is reduced each time production is doubled.

4 0

3 years ago

Alice is an employee of Mid-State Realty Services. She would likely be required to do which of the following?

masha68 [24]

Answer:

The correct answer is B. Attend weekly staff meetings at the office.

Explanation:

Taking into account the nature of the organization (real estate sector), where sellers are assigned a quantity X of properties, they must usually account for their weekly activities. For which it is necessary to attend meetings held in order to assess trends, achievement of objectives, etc.

7 0

3 years ago

Marmol Corporation uses the allowance method for bad debts. During year 1, Marmol charged $30,000 to bad debt expense, and wrote

4vir4ik [10]

Answer: Option (d)

Explanation:

Under this case the write off will be as follow:

Debit Credit

Allowance for doubtful accounts 25,200

Accounts receivables 25,200

Here, in this case the Allowance for the doubtful accounts and Accounts receivables are further decreased as the outcome of the transaction made. Thus, there will be no further effect on working capital. Therefore the $30,000 that is bad debt would then be stated as the credit to allowance account. This will then decrease the working capital by $30,000.

4 0

3 years ago