Sound Audio manufactures and sells audio equipment for automobiles. Engineers notified management in December 2021 of a circuit flaw in an amplifier that poses a potential fire hazard. An intense investigation indicated that a product recall is virtually certain, estimated to cost the company $4.0 million. The fiscal year ends on December 31.Required:1. Should this loss contingency be accrued, only disclosed, or neither
Answers: 2
Business, 21.06.2019 22:10
There are more than two types of bachelors’ degrees true or false?
Answers: 1
Business, 22.06.2019 10:50
Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.
Answers: 2
Business, 22.06.2019 11:40
The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?
Answers: 3
Business, 22.06.2019 16:00
In microeconomics, the point at which supply and demand meet is called the blank price
Answers: 3
Sound Audio manufactures and sells audio equipment for automobiles. Engineers notified management in...
Arts, 13.10.2020 04:01
Social Studies, 13.10.2020 04:01
Physics, 13.10.2020 04:01
English, 13.10.2020 04:01
Computers and Technology, 13.10.2020 04:01
History, 13.10.2020 04:01
Advanced Placement (AP), 13.10.2020 04:01