You have been asked to review the december 31, 2021, balance sheet for champion cleaning. after completing your review, you list the following three items for discussion with your superior: an investment of $36,000 is included in current assets. management has indicated that it has no intention of liquidating the investment in 2022. a $160,000 note payable is listed as a long-term liability, but you have determined that the note is due in 10, equal annual installments with the first installment due on march 31, 2022. deferred revenue of $78,000 is included as a current liability even though only two-thirds will be recognized as revenue in 2022, and the other one-third in 2023. determine the appropriate classification of each of these items. (if no entry is required for classification, choose "no entry".)
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Business, 21.06.2019 14:50
For fundamental-type variables, list-initialization syntax prevents narrowing conversions that could result in data loss. for fundamental-type variables, list-initialization syntax allows narrowing conversions that could result in data loss.
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Business, 21.06.2019 19:00
Minolta inc. is considering a project that has the following cash flow and wacc data. what is the project's mirr? note that a project's projected mirr can be less than the wacc (and even negative), in which case it will be rejected. wacc: 10.00% year 0 1 2 3 4 cash flows -$850 300 $320 $340 $360
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Business, 21.06.2019 23:30
Select the correct answer. the word intestate means that a person has died with or without a will?
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Business, 22.06.2019 06:00
Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.
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You have been asked to review the december 31, 2021, balance sheet for champion cleaning. after comp...
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