Recalculate the percentage of sales income statement, but this time use the Trend function to forecast cost of goods sold, research and development, and Other S,G&A expenses. Recalculate the percentage of sales balance sheet, but this time use the Trend function to forecast cash, short-term investments, other current assets, gross plant and equipment, other assets, other long term assets, short term debt and current portion of LT debt, and other current liabilities.
Notes: Current Values column represents values of changing cells at time Scenario Summary Report was created. Changing cells for each scenario are highlighted in gray.
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Genericization occurs when a trademark has lost its distinctiveness and becomes a general term describing a type of product rather than a specific company's product.
Answer the following statement true (T) or false (F)
Land is purchased on credit. For this transaction, identify the effect on the accounting equation
a. Assets increase and liabilities increase. b. Assets increase and owners' equity increases. c. Liabilities increase and owners' equity decreases. d. Liabilities decrease and assets decrease.
Why are critics concerned about companies acquiring competitors?
What will be an ideal response?
Describe the accounting for employee stock options (ESOs)