FAR 2-28-2024 Second Set

This class was created by Brainscape user Hallie Hollenback. Visit their profile to learn more about the creator.

Decks in this class (30)

300609 Depreciation
On january 2 20x1 lem corp bought...,
Cash equivalents,
Cash equivalents
22  cards
300774 Contingency Liability 3B
In 20x1 a personal injury lawsuit...,
Fasb asc 450 20 25 2,
Fasb asc 450 20 55 12
14  cards
300607 Composite and Group System of Depreciation 2D
Which of the following uses the s...,
224215group or composite deprecia...,
224216the composite rate
10  cards
300824 Troubled Debt Restructurings TDR 2284 -2H1
Ace corp entered into a troubled ...,
Fair value is the price that woul...,
228401a restructuring of debt
13  cards
302754 Current Ratio and QR - Liquidity 2161 - 1F
Birch products inc has the follow...,
What is the current ratio,
Compare the current ratio to the ...
10  cards
300393 EQUITY METHOD 2E3
Pear co s income statement for th...,
10  cards
302947
A company has a return on equity ...,
Dividend payout ratio,
Return on net worth
7  cards
300603
Loeb corp frequently borrows from...,
2  cards
302885 FINANCIAL RATIOS 1F
If a company is profitable and is...,
Leverage total,
Preferred stock
12  cards
300879 IMPAIRMENT
Impaired long lived assets to be ...,
Fasb asc 360 10 35 43,
Carrying amount book value
8  cards
300154 STATEMENT OF CASH FLOWS 1A5
Green co had the following equity...,
Cash flow,
Financial statements
8  cards
302110
When a nongovernmental not for pr...,
Not for profit entity,
Statement of financial position
7  cards
302463 PARTNERSHIP PROFITS 2I
Ace and zent formed a partnership...,
Partnership,
Profits interest
15  cards
302277 Other comprehensive income (OCI) i
A company reports the following i...,
Comprehensive income,
Other comprehensive income
5  cards
302114
Eliason company discovered an ove...,
Cost of goods sold,
Inventory
5  cards
303052 Stock Dividend 1F
A financial analyst values a corp...,
Stock dividend,
The formula to calculate stock va...
4  cards
302919 Dividend Payout Ratio 1F
All of the following are true exc...,
Cash dividend,
Common stock
8  cards
300191 10K 1D
Which of the following are requir...,
Form 10 k,
Form 10 q
6  cards
300112
Which of the following is include...,
Stockholders equity,
211401
6  cards
300728 Accounting Change 3A
How should a company report its d...,
Accounting change,
Correction of error
8  cards
302688
Which of the following is an exam...,
Market participants,
235008
3  cards
302036
Asu 2016 14 stipulates a number o...,
Notes to financial statements,
Not for profit entity
6  cards
302784
Selected data from ostrander corp...,
Accounts receivable,
Accounts receivable turnover
6  cards
302308
Free waters is a nongovernmental ...,
Not for profit entity,
212206
15  cards
300003
Which of the following statements...,
Authoritative bodies,
Securities and exchange commissio...
9  cards
301696
Sea manufacturing corp is constru...,
Accounting period,
Assets
17  cards
302554
Fountain co is constructing an of...,
Capitalization of interest,
224301
11  cards
301861
Imez industries received a 30 000...,
Contract asset,
Contract liability
8  cards
302834
Listed below are selected ratios ...,
Current ratio,
Inventory turnover
8  cards
301444
Comprehensive income,
Which of the following assets or ...,
Other comprehensive income
15  cards

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FAR 2-28-2024 Second Set

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