Business, 30.10.2019 04:31 ScienceSmartie
Slgnlficant flnanclng component, dellvery before payment. shifty beaver transmission company enters into a contractwith a major us. auto manufacturer to design and produce four-speed transmissions for small suvs- under the terms ofthe contract, shifty beaver will deliver the transmission immediately but the auto manufacturers will defer payment for fouryears, the end of the life of the base warranty. the contract price is $3,500,000 and the interest rate incurred on similarfinancing agreements in the industry is 5%.requlreda. is there a significant financing component in this contract? b- if there is a significant financing component, determine the amount of sales revenue and interest revenue to berecognized by shifty beaver.
Answers: 1
Business, 22.06.2019 02:40
Which critical success factor improves with reduced cycle time, better quality standards, and improved efficiency when an is is implemented?
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In most states, a licensee must provide a(n) of any existing agency relationships to all parties
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Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?
Answers: 2
Slgnlficant flnanclng component, dellvery before payment. shifty beaver transmission company enters i...
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