What are the four components that make up dirty surplus accounting according to the FASB?
1 . Unrealized fair value gains and losses on available-for-sale securities
2 . Foreign currency translation gains and losses
3 . Changes in assets and liabilities related to pensions and postemployment benefits that arise from plan amendments and actuarial experience.
4 . Fair value gains and losses from cash flow hedges
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A(n)___________is a form that a department uses to initiate a request to order merchandise
Fill in the blank(s) with correct word
You are planning to buy a new house. You currently have $35,000 and your bank told you that you would need a 15% down payment plus an additional 4% in closing costs. If the house that you want to buy costs $250,000 and you can make a 7% annual return on your investment, determine the following:
a) When will you have enough money for the down payment and closing costs, assuming that the $15,000 is the only investment that you make? b) You decide that you want to buy the house in 3 years. How much do you need to save every month to achieve your goal? c) Assume that three years later the house still has the same price and that you can get a 15-year mortgage from your bank at a fixed rate of 4.5%: 1. What are the monthly payments on the loan? 2. How much will you have to pay the bank each year? 3. What is the total interest over the term of the loan? 4. How much do you pay on interest and principal the first monthly payment? 5. How much in the 50th month? (Hint: use the IPMT and PPMT functions)
If a segment is dropped, remaining segments must have sufficient contribution margin to cover their own direct costs and the
A) avoidable costs. B) common costs. C) uncommon costs. D) none of these choices.
Which of the following is a need-satisfaction question Jeff can ask the merchandising manager?
A) If I understand you, knowing only the song playing when the customer reaches the register doesn't take into account patterns of shopping, purchasing triggers, or waits in a checkout line? B) Do you have point-of-purchase software that allows you to track time and amount of purchase? C) How does your current music provider track the correlation between songs and purchases? D) Would it help you to be able to track songs as customers browse and shop, as well as tracking mixes that lead to the actual purchase, to be able to mix songs for better sales? E) Does knowing the song playing at the moment the customer gets to the register give you the information you really need to create an effective mix?