Sound audio manufactures and sells audio equipment for automobiles. engineers notified management in december2018 of a circuit flaw in an amplifierthat poses a potential fire hazard. an intense investigation indicated that a productrecall is virtually certain, estimated to cost the company 52 million. the fiscal year ends on december 31.required: 1. should this loss contingency be accrued, only disclosed, or neither? explain.2. what loss, if any, should sound audio report in its 2018 income statement? 3. what liability, if any, should sound audio report in its 2018 balance sheet? 4. prepare any journal entry needed.

The following accounts are denominated in pesos as of december 31, 2015. for reporting purposes, these amounts need to be stated in u.s. dollars. for each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method. the company was started in 2000. the buildings were acquired in 2002 and the patents in 2003. (round your answers to 2 decimal places.) exchange rates for 1 peso are as follows: 2000 1 peso = $ 0.28 2002 1 = 0.26 2003 1 = 0.25 january 1, 2015 1 = 0.24 april 1, 2015 1 = 0.23 july 1, 2015 1 = 0.22 october 1, 2015 1 = 0.20 december 31, 2015 1 = 0.16 average for 2015 1 = 0.19

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In which job role will you be creating e-papers, newsletters, and periodicals?