45-11, the debt of Jettison Manufacturing became callable at the beginning of 2d year “because the debtor's violation of a provision of the debt agreement at the balance sheet date”. Nevertheless, as Jettison Manufacturing “has cured the violation after the balance sheet date and the obligation is not callable at the time the financial statements are issued or are available to be issued” , the National “has waived or subsequently lost the right to demand repayment for more than one year from the balance sheet date”. Thus par.45-11a gives the company the right to reclassify the current liability into a long-term debt before preparing year 2s financial
An example of this would be when a customer is not able to pay their bill because due to a downturn in the economy, money may be tight if they have been laid off from their jobs or faced with unexpected hospital bills. Under the direct write-off method, companies record bad debts expense in a period that is different from the period in which they record the revenue. The method does not attempt to match bad debts expense to sales revenues in the income statement. The direct write-off method show accounts receivable in the balance sheet at the amount the company actually expects to receive. Unfortunately, unless bad debt losses are insignificant to the company, the direct write-off method is not acceptable for financial reporting
This a critical thinking question. Based on what you have read and the scheduling and costs you put together, what do you see as alternatives for the manning the schedule. BSOP 330 Week 7 Case Study Final Purchase here http://chosecourses.com/BSOP%20330/bsop-330-week-7-case-study-final Product Description Question 1. Which variations in demand for police services should be considered in an aggregate plan for resources? Which variations can be accomplished with short-term scheduling adjustments?
Research at least one company and describe the strategic management process that the company uses. Format your paper according to APA standards. MGT 498 Week 1 DQs 1 ,2 ,3 Included MGT 498 Week 2 Individual Assignment Ethics Paper Write a 700- to 900-word paper in which you do the following: Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. Include at least one example of a company overstepping ethical boundaries for stakeholder agendas, and what types of preventative measures could be taken to avoid this type of situation. Format your paper according to APA standards.
If a new business opens and has one or both of these products in stock, we would likely lose potential customers. If they follow a similar marketing plan, we could lose our client referrals to a business with more diverse products. We’ve seen tremendous growth this year, going from taking a $4000 loss in the first year, to a $30,000 profit this year. These risks are most likely not detrimental to our business, but could prevent a profit decrease due to
But if the amount left aside isn’t as much as the price of the building the business will have to use money from elsewhere. This will mean that another expense will not be paid. If the expense is not paid it will mean that the business will be in debt and the business will have to find a way to find more money or run the risk of going bankrupt. A way the business can do this is by getting rid of some of their members of staff to cut the amount spend on
Incremental budgeting is when you take last year’s budget and add more or less to it depending on what you’re looking to do with your budget for the year. Some companies like this budget because if you’re meeting your budget every year it will stay the same. If you don’t use your budget it will reduce the next year. Some people
A merger would best be used in this situation since it will help lower his taxable income and he can improve his operations and competitiveness. If he feels that the investment in new manufacturing equipment will help increase profits and can take on the extra liability, then he should buy Smithon. His debt –to-equity ratio will rise and may cause him to have a hard time getting money to finance his company. But with a two year loss he is keeping his taxable income down and may be able to show investors that things are going to turn around when all operations are working together and
Introduction: The traditional ways of saving money aren’t enough anymore. Over the past few years more than likely most people’s portfolios took a hard hit, their house lost its value, they may have lost their job, and all the dollars they had tucked away for a rainy day are worth less, or are lost due to the bad economy. For this, you must learn to invest your money wisely. The seven step planning process to investing. 1.
congress made a decision to enact a plan that would re-grow the economy. The idea is in the near future the consumers who were affected by the sub-prime lending practices that put homeowners in over the top would begin to feel relief from the unpaid loans provided. In turn, those consumers would begin to spend frivolously again. However, the plan does not account for the average consumer like me. I work two jobs and maintain my financial responsibility.