Business, 04.06.2020 13:58 jigaboo420
During 2018, Leucothea Co. became involved in a legal dispute with a supplier. At December 31, 2018, Leucothea’s legal advisor believed that an unfavorable outcome was probable. A reasonable estimate of resulting monetary damages is $100,000 but could be as much as $200,000. Leucothea has legal liability insurance coverage that limits their loss to $80,000. After the 2018 financial statements were issued, Leucothea agreed to settle the case for $125,000. What amount of accrued liability should Leucothea have reported in its December 31, 2018 balance sheet?
Answers: 3
Business, 22.06.2019 14:40
You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?
Answers: 2
Business, 23.06.2019 20:00
From 1960 to 1970, the consumer price index (cpi) increased from 29.6 to 48.2. if a dozen donuts cost $0.89 in 1960 and the price of donuts increased at the same rate as the cpi from 1960 to 1970, approximately how much did a dozen donuts cost in 1970?
Answers: 1
Business, 23.06.2019 22:30
In this question, a biomolecule structure will be presented and the goal is to put the constituents and the bonds that join them in order. the answer choices will not necessarily include all the constituents or bonds, so just place the descriptions in order as you work your way across the biomolecule from right to left
Answers: 2
Business, 23.06.2019 23:30
When calculating the total amount of manufacturing overhead to allocate to a particular job, the company would multiply each departmental overhead rate by and then together the allocated amounts from each department. a. the actual amount of the departmental allocation based used by the job; multiply b. the actual amount of the plantwide allocation based used by the job; add c. the actual amount of the departmental allocation based used by the job; add d. the actual amount of the plantwide allocation based used by the job; multiply?
Answers: 1
During 2018, Leucothea Co. became involved in a legal dispute with a supplier. At December 31, 2018,...
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