Business, 15.04.2020 00:01 dontcareanyonemo

If a company reports a receivable denominated in Euros (€) and the $US weakens vis-à-vis the Euro: Group of answer choices The company will accrue the gain in its financial statements as of the reporting date, even before the receivable is collected. The company will accrue the loss in its financial statements as of the reporting date, even before the receivable is collected. The company will not report the change in the relative value of the receivable until the receivable is collected. The company will recognize the increase in the $US value of the receivable on its balance sheet as of the statement date, but the unrealized gain will not be recognized in its income statement until the receivable is collected.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 15:40

The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.

Answers: 2

Answer

Business, 22.06.2019 20:00

Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?

Answers: 2

Answer

Business, 22.06.2019 20:40

Review the wbs and gantt chart you created previously. propose three to five additional activities that would you estimate resources and durations. now, identify at least eight milestones for the recreation and wellness intranet project. remember that milestones normally have no duration, so you must have tasks that will lead to completing the milestone. add your activities and milestones to your gantt chart, creating a new gantt chart. estimate the task durations and enter dependencies as appropriate. remember that your schedule goal for the project is six months. copy the gantt chart and network diagram to a word document.

Answers: 2

Answer

Business, 22.06.2019 21:10

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?

Answers: 3

Answer

You know the right answer?

If a company reports a receivable denominated in Euros (€) and the $US weakens vis-à-vis the Euro: G...

Questions