Questions from Financial Accounting


Q: Key figures for Apple and Google follow. / Required

Key figures for Apple and Google follow. Required 1. Compute the debt-to-equity ratios for Apple and Google for both the current year and the prior year. 2. Use the ratios from part 1 to determine whi...

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Q: Snap Company issues 10%, five-year bonds, on January

Snap Company issues 10%, five-year bonds, on January 1 of this year, with a par value of $100,000 and semiannual interest payments. Use the following bond amortization table and prepare journal entrie...

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Q: Selected results from Samsung, Apple, and Google follow.

Selected results from Samsung, Apple, and Google follow. Required 1. Compute Samsung’s debt-to-equity ratio for the current year and the prior year. 2. Is Samsung’s...

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Q: Refer to the statement of cash flows for Samsung in Appendix A

Refer to the statement of cash flows for Samsung in Appendix A. For the year ended December 31, 2018, what was the amount for repayment of long-term borrowings and debentures?

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Q: Refer to the statements for Google in Appendix A. For the

Refer to the statements for Google in Appendix A. For the year ended December 31, 2018, what was its debt-to-equity ratio? What does this ratio tell us?

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Q: Access the March 23, 2017, filing of the 10-

Access the March 23, 2017, filing of the 10-K report of Home Depot for the year ended January 29, 2017, from SEC.gov (ticker: HD). Refer to Home Depot’s balance sheet, including its note 4 (on debt)....

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Q: Brian, Joe, and Nate are the founders of Airbnb.

Brian, Joe, and Nate are the founders of Airbnb. Assume that the company currently has $250,000 in equity and is considering a $100,000 expansion to meet increased demand. The $100,000 expansion would...

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Q: Following are financial data for Nike and Under Armour. (1

Following are financial data for Nike and Under Armour. (1) Compute return on total assets for the current year for (a) Nike and (b) Under Armour. (2) Compute both profit margin and total asset turnov...

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Q: Visit your city or county library. Ask the librarian to help

Visit your city or county library. Ask the librarian to help you locate the most recent financial records of your city or county government. Examine those records. Required 1. Determine the amount of...

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Q: In each separate situation, show how bonds payable is reported in

In each separate situation, show how bonds payable is reported in the long-term liabilities section of the December 31 balance sheet. 1. Bonds payable with a par value of $10,000 and a premium on bond...

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