Answer:
A) Accounting for bonds and notes under US GAAP and IFRS is similar.
Explanation:
US GAAP and IFRS do not have the same accounting guideline for bond issue cost:
Under US GAAP, bonds payable is recorded at face value while premiums or discounts are recorded separately. While under IFRS, bonds payable is recorded using the carrying value, and amortization or premiums or discounts is done by using the effective-interest method.
Quick ratio = 1.30 (Option C)
<u>Explanation:</u>
Quick ratio or acid test ratio is calculated as follows:
(Cash plus marketable securities plus accounts receivable ) divide by total current liabilities
In our question, we have been given with the data:
Cash = 45 million
Marketable securities = 33 million, accounts receivable = 66 million, total current laibailities = 111 million
So, let us now put the given values in the above stated formula:
Quick ratio = ( 45 plus 33 plus 66) divide by 111
After calculating we get, 1.30
Therefore, the quick ratio is 1.30
Answer:
Please check the info below
Explanation:
1. For Osaka
Margin = Net Operating Income / Sales *100
= $ 792000 / $9900000 *100
= 8.00%
Turnover = Sales / Average Operating Assets * 100
= $ 9900000 / $ 2475000 * 100
= 4.00%
ROI = Margin * Turnover
= 8% *4 %
= 32.00%
Hence the correct answer is 32.00%
For Yokohama :
Margin = Net Operating Income / Sales *100
= $ 2900000 / $ 29000000*100
= 10.00%
Turnover = Sales / Average Operating Assets * 100
= $ 29000000 / $ 14500000* 100
= 2.00%
ROI = Margin * Turnover
= 10% *2 %
= 20.00%
Hence the correct answer is 20.00%
2. The correct answer is
Osaka = $ 371,250
Yokohama = $ 435,000
3. The correct answer is No
This is because since Osaka has a higher ROI, Yokohama’s greater amount of residual income is not an indication that it is better managed
Answer:
<em>
B) that Nimbus has a matrix structure</em>
Explanation:
Yes absolutely the above information is true, and from the following statement that can be fittingly inferred is given in OPTION(B).
<em>Because matrix structure is something in that organizational structure of the company has a single record that is given to multiple administrator.</em>
So, therefore as we can see in the scenario that Nimbus Inc. is also has a matrix structure.
