题目内容

For the year ended December 31,2007, Milan Company reported the following financial information : Gross profit from sales 600000 Operating expenses 100000 Unrealized loss from foreign currency translation 30000 Dividends received from available-for-sale securities 15000 Increase in minimum pension liability 45000 Interest expense 25000 Acquired treasury stock for $ 25000 more than original book value 75000 Unrealized gain from available-sale-securities 20000 Ignoring taxes, calculate Milan’ s net income and comprehensive income for 2007. Net income Comprehensive income ①A. $ 490000 $ 435000 ②B. $ 490000 $ 2000 ③C. $ 40000 $ 44000

A. ①
B. ②
C. ③

查看答案
更多问题

Bug-Be-Gone is a residential pest control company that offers a 12 month home-service contract to eliminate insect infestation. Customers are required to prepay for the service at the beginning of each year. If Bug-Be-Gone erroneously records these payments as revenue and include the estimated cost of performing the service, what is the most likely effect on the firm’ s liabilities and equity compared to the correct treatment Liabilities Equity ①A. Understated Overstated ②B. Overstated Overstated ③C. Understated Understated

A. ①
B. ②
C. ③

Where in the financial statements should a firm recognize the unrealized gains and losses on cash flow hedging derivatives and the unrealized gains and losses on available-for-sale securities Cash flow hedging derivatives Available-for-sale securities ①A. Other comprehensive income Other comprehensive income ②B. Other comprehensive income Net income ③C. Net income Other comprehensive income

A. ①
B. ②
C. ③

第一审民事判决书应当写明的内容有哪些

Firebird Company reported the following financial information at the end of 2007 (in millions) :Merchandise inventory $240Minority interest 70Cash and equivalents 275Accounts receivable 1150Accounts payable 225Property & equipment 2160Accrued expenses 830Current portion of long-term debt 120Long-term debt 1570Retained earnings 4230 Calculate Firebird’ s current assets and working capital. Current assets Working capital ①A. $1665 million $ 420 million ②B. $ 1735 million $ 490 million ③C. $1665 million $ 490 million

A. ①
B. ②
C. ③

答案查题题库