The activities in Serbia are regarded as not impaired because the value in the use of CGU including goodwill exceeds its carrying amount. By the end of 2010 the govt passed a legislation drastically restricting exports of eagle’s main merchandise. The CGU in the end of 2010 was altered because of the new legislation, which included: cash $50, property plant and equipment 1,100, land 150, goodwill 300, total assets 1,600, liabilities (200), and carrying value 1,400 all in thousands. The case goes on to show us a 5 year business forecast of Eagle Impairment. It reflects an increase in the amount of capital expenditures in order to modify Eagle’s mail product.
ACCOUNTING CASES, RESEARCH, AND ANALYSIS GROUP ASSIGNEMNT #1 MEMORANDUM TO: Professor Siyi Li FROM: Group 5 DATE: October 3, 2013 SUBJECT: Performance Based Stock Compensation This memo is an analysis of the case in which the Company Sooner or Later Inc granted “at the money” performance based stock options and the fair value is not easily determinable. The grant-date fair value of each award is $9. With the revenue target factored into the fair value assessment the grant-date fair value is $6. Management believes it is probable the company will achieve cumulative revenue in excess of $10 million. General Priciple – Performance are only recorded when the target is proable to be acheived Sooner and Later Inc On January 1, 2006, Sooner or Later Inc. granted 1,000 “at-the-money” employee stock options (i.e., the exercise price was equal to the stock price on the grant date).
Financial statements must be prepared: a. in accordance with GAAP. b. in accordance with IFRS. c. in accordance with OCBOA. d. Any of the above, depending on which set of standards the circumstances dictate as applicable. 31.
Since Profit Margin are calculated using EBIT, Income Tax plays a great role to affecting the results. Step Seven….figures are in $000’s TOTAL | 2012 | 2011 | 2010 | 2009 | Current Asset | 55,838 | 64,438 | 53,315 | 70,140 | Non-Current Asset | 69,936 | 75,013 | 75,879 | 71,528 | Asset | 119,774 | 139,451 | 129,194 | 141,668
Week 4 Homework Assignment Chapter 21 1. Which of the following are legal and acceptable reasons for the high level of merger activity in the U.S. during the 1980s? a. Synergistic benefits arising from mergers. b. A profitable firm acquires a firm with large accumulated tax losses that my be carried forward.
When the sales are increased for his division, bonuses could be paid to the managers. Frank Campbell reviewed the purchase orders received from November and December. He wanted to determine if any shipments to the customers before December 31 may increase their sales. The alternative way to report sales was to increase sales by sending out two shipments to customers. Although the customers only needed the shipment the following year, this would be a way to exceed the targeted budget.
The profit percentage of assets varies by industry, but in general, the higher the ROA the better. We can see a good trend over years in the company. Comments: Return on equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders' equity. The formula for ROE is: ROE is more than a measure of profit; it's a measure of efficiency. A rising ROE suggests that a company is increasing its ability to generate profit without needing as much capital.
From this news, I can see their will be an increase of the company earnings, and also, the stock price might go up. Good customer service will slightly help the company to raise it stock price, because it will encourage investors
By looking at the trading, profit & loss forecast for the year, you can see that things look like they will go reasonably well over the year as it shows a net profit of £15808. You may need to consider the possibility of a rise in fuel prices or the possibility of a fuel shortage in the current climate. This could affect your business by raising the cost of sales. You should look at increasing your revenue figure in order to counteract this. Look at your pricing policy and make changes appropriately.
The conceptual framework is a dominate form of normative accounting theory and Godfrey, et. al (2006, p. 412) dictate a conceptual framework in the context of financial accounting as “a definitive statement of the nature and purpose of financial accounting and reporting and which provides guidance for all accounting practice”. The Financial Accounting Standards Boards believes a conceptual framework to be integral as it adds a level of rigor and discipline that will result in more consistency in final statements and general modes of practice (The Financial Accounting Standards Board (2001). The primary function of this framework is to provide agreed standards, to remove the ambiguity and personalisation of the decision making process. Hence a conceptual framework is a firm example of normative accounting theory as it is prescriptive, detailing how practices should