Business, 16.04.2020 02:59 issaaamiaaa15
In May of 2013, Raymond Financial Services became involved in a penalty dispute with the EPA. At December 31, 2013, the environmental attorney for Raymond indicated that an unfavorable outcome to the dispute was probable. The additional penalties were estimated to be $770,000 but could be as high as $1,170,000. After the year-end, but before the 2013 financial statements were issued, Raymond accepted an EPA settlement offer of $900,000. Raymond should have reported an accrued liability on its December 31, 2013, balance sheet of:
A.$770,000.B.$900,000.C.$970,000.D. $1,170,000.
Answers: 2
Business, 22.06.2019 14:50
Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)
Answers: 3
Business, 22.06.2019 23:30
Each state’s organizational structure is guided by the federal government.true or false?
Answers: 1
Business, 23.06.2019 00:30
You get your monthly banking statement and notice that the number is lower than expected. you decide that you should create a cash flow statement. why are cash flow statements useful in managing money? what are the steps in creating a statement?
Answers: 1
Business, 23.06.2019 00:30
Bruno's pizza restaurant makes full payment of $8,300 on an account payable to stella's cheese co. stella's would record this transaction with a
Answers: 3
In May of 2013, Raymond Financial Services became involved in a penalty dispute with the EPA. At Dec...
Chemistry, 27.07.2019 18:30
Social Studies, 27.07.2019 18:30
History, 27.07.2019 18:30
Physics, 27.07.2019 18:30
Business, 27.07.2019 18:30
English, 27.07.2019 18:30
English, 27.07.2019 18:30